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Technical Reports on Hospitals Stocks -- Community Health Systems, HCA Holdings, Tenet Healthcare, and Select Medical

Monday, November 7, 2016 Hospital News
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NEW YORK, November 7, 2016 /PRNewswire/ --
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For this morning, Stock-Callers.com brings focus back on the U.S. Hospitals industry which has recently begun consolidating largely due to the pressures of healthcare reform. Demand for industry services is driven by location, the size and age of the regional population, and the population's general level of health. Under assessment are the following equities: Community Health Systems Inc. (NYSE: CYH), HCA Holdings Inc. (NYSE: HCA), Tenet Healthcare Corp. (NYSE: THC), and Select Medical Holdings Corp. (NYSE: SEM). Download the free research reports on these stocks today:
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Community Health Systems  

Franklin, Tennessee headquartered Community Health Systems Inc.'s stock finished last Friday's session 7.78% higher at $5.54. A total volume of 7.38 million shares was traded, which was above their three months average volume of 5.99 million shares. The Company's shares are trading below their 50-day moving average by 44.81%. Additionally, shares of Community Health Systems, which together with its subsidiaries, owns, leases, and operates general acute care hospitals in the US, have a Relative Strength Index (RSI) of 25.70.

On October 27th, 2016, research firm Robert W. Baird downgraded the Company's stock rating from 'Neutral' to 'Underperform'. The research firm also revised downwards its previous target price from $12 to $8.

On November 01st, 2016, the company reported that net operating revenues for Q3 2016 totaled $4.380 billion, a 9.6% drop compared to $4.846 billion for Q3 2015. Income from continuing operations attributable to the company decreased to a loss of $(77) million, or $(0.69) per share (diluted), for Q3 2016 compared to income from continuing operations of $60 million, or $0.51 per share (diluted), for Q3 2015. See our free and comprehensive research report on CYH at:

http://stock-callers.com/registration/?symbol=CYH

HCA Holdings  

On Friday, shares in Nashville, Tennessee headquartered HCA Holdings Inc. ended the session 2.62% higher at $75.33. The stock recorded a trading volume of 3.79 million shares, which was higher than its three months average volume of 2.60 million shares. The Company's shares have gained 0.98% in the last one month and 11.39% on an YTD basis. The stock is trading 1.10% below its 200-day moving average. Moreover, shares of HCA Holdings, which through its subsidiaries, provides health care services in the US, have an RSI of 40.54.

On October 26th, 2016, HCA announced an agreement with the University Hospitals Authority and Trust (UHAT) for the early termination of HCA's lease of The Children's Hospital at Oklahoma University Medical Center as well as an associated joint operating agreement. In addition, HCA will transfer ownership of its hospital operations in Oklahoma, which include Oklahoma University Medical Center and OUMC Edmond, to an affiliate of UHAT.

On October 28th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $88 a share to $95 a share. HCA free research report PDF is just a click away at:

http://stock-callers.com/registration/?symbol=HCA

Tenet Healthcare  

Dallas, Texas headquartered Tenet Healthcare Corp.'s shares gained 1.60%, closing the session at $17.75. The stock recorded a trading volume of 4.53 million shares, which was above its three months average volume of 2.31 million shares. The Company's shares are trading 20.73% below their 50-day moving average. Additionally, shares of Tenet Healthcare, which together with its subsidiaries, primarily operates acute care hospitals and related healthcare facilities, have an RSI of 25.96.

On October 05th, 2016, research firm Mizuho reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $28 a share to $22 a share.

On November 04th, 2016, the board of directors of Tenet announced the appointment of two new independent directors: John P. Byrnes, former chairman and CEO of Lincare Holdings, Inc., and Peter M. Wilver, executive vice president and chief administrative officer of Thermo Fisher Scientific Inc. The two newly appointed directors will serve on the Audit Committee. Sign up for your complimentary report on THC at:

http://stock-callers.com/registration/?symbol=THC

Select Medical  

On Friday, shares in Mechanicsburg, Pennsylvania headquartered Select Medical Holdings Corp. recorded a trading volume of 2.87 million shares, which was above their three months average volume of 829,800 shares. The stock ended the day 6.28% lower at $11.20. The Company's shares are trading below their 200-day moving average by 3.85%. Furthermore, shares of Select Medical, which through its subsidiary, Select Medical Corporation, operates specialty hospitals and outpatient rehabilitation clinics in the US, have an RSI of 24.57.

On November 03rd, 2016, the company reported that net operating revenues increased 3.2% to $1.05 billion for Q3 2016 compared to $1.02 billion in Q3 2015. The company's net income was $4.0 million for Q3 2016 compared to net income of $32.8 million for Q3 2015. Register for free on Stock-Callers.com and download the latest research report on SEM at:

http://stock-callers.com/registration/?symbol=SEM

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