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Tenet Healthcare (THC)
NYSE:THC
Tenet Healthcare (THC) Stock Price & Analysis
654 Followers
THC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$51.04 - $133.17
Previous Close$127.93
Volume761.83K
Average Volume (3M)1.32M
Market Cap
$12.50B
Enterprise Value$27.11B
Total Cash (Recent Filing)$2.48B
Total Debt (Recent Filing)$12.88B
Price to Earnings (P/E)4.9
Beta1.43
Next Earnings
Jul 18, 2024EPS Estimate
$1.85Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)25.86
Shares Outstanding97,683,000
10 Day Avg. Volume1,445,178
30 Day Avg. Volume1,315,468
Standard Deviation0.16
R-Squared0.47
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-1.47
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)5.40
P/FCF Ratio5.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.59
Enterprise Value/Gross Profit-3.87K
Enterprise Value/Ebitda23.27
Forecast
1Y Price Target
$131.18Price Target Upside2.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Tenet Healthcare News
Bulls Say, Bears Say
Bulls Say
Earnings GrowthSolid growth in both acute-care and ambulatory surgical center segments increases earnings visibility for THC.
Financial FlexibilityWith EBITDA-NCI leverage down to 3.5x, THC has significant financial flexibility for future growth and investments.
Financial PerformanceAnalyst raises price target for THC to $130, highlighting impressive operating trends and significant deleveraging efforts.
Bears Say
Company GuidanceGuidance for 2024 includes softer than expected ASC case and ASC EBITDA growth.
Financial ForecastAnalyst lowers EBITDA estimates for the years 2024-25 to adjust for the SC/CA hospital sales.
Regulatory ChallengesFTC scrutiny of Hospital M&A has grown more intense, posing potential challenges for future transactions.
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Ownership Overview
16.71% Insiders
24.78% Mutual Funds
50.21% Other Institutional Investors
8.29% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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THC FAQ
What was Tenet Healthcare’s price range in the past 12 months?
Tenet Healthcare lowest stock price was $51.04 and its highest was $133.17 in the past 12 months.
What is Tenet Healthcare’s market cap?
Currently, no data Available
When is Tenet Healthcare’s upcoming earnings report date?
Tenet Healthcare’s upcoming earnings report date is Jul 18, 2024 which is in 61 days.
How were Tenet Healthcare’s earnings last quarter?
Tenet Healthcare released its earnings results on Apr 30, 2024. The company reported $3.22 earnings per share for the quarter, beating the consensus estimate of $1.453 by $1.767.
Is Tenet Healthcare overvalued?
According to Wall Street analysts Tenet Healthcare’s price is currently Undervalued.
Does Tenet Healthcare pay dividends?
Tenet Healthcare does not currently pay dividends.
What is Tenet Healthcare’s EPS estimate?
Tenet Healthcare’s EPS estimate is $1.85.
How many shares outstanding does Tenet Healthcare have?
Tenet Healthcare has 97,683,000 shares outstanding.
What happened to Tenet Healthcare’s price movement after its last earnings report?
Tenet Healthcare reported an EPS of $3.22 in its last earnings report, beating expectations of $1.453. Following the earnings report the stock price went up 13.253%.
Which hedge fund is a major shareholder of Tenet Healthcare?
Among the largest hedge funds holding Tenet Healthcare’s share is Glenview Capital Management LLC. It holds Tenet Healthcare’s shares valued at 665M.
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Tenet Healthcare Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$131.18 (2.11% Upside)
$131.18 (2.11% Upside)
Blogger Sentiment
Bullish
THC Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.4%
Last 30 Days ▲ 23.2%
Last 30 Days ▲ 23.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
78.92%
12-Months-Change
Fundamentals
Return on Equity
111.78%
Trailing 12-Months
Asset Growth
6.80%
Trailing 12-Months
Company Description
Tenet Healthcare
Tenet Healthcare Corp. engages in the provision of health care services. Through its subsidiaries and affiliates, it owns and facilitates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, and related health care facilities. It operates through the following business segments: Hospital Operations and Other, Ambulatory Care, and Conifer. The Hospital Operations and Other segment comprises of acute care hospitals, ancillary outpatient facilities, urgent care centers, microhospitals and physician practices. The Ambulatory Care segment includes operations of USPI joint venture and the company's nine Aspen facilities in the United Kingdom. The Conifer segment offers healthcare business process services in the areas of hospital and physician revenue cycle management and value-based care solutions to healthcare systems, as well as individual hospitals, physician practices, self-insured organizations, health plans, and other entities. The company was founded in 1975 and is headquartered in Dallas, TX.
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THC Company Deck
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THC Earnings Call
Q1 2024
0:00 / 0:00
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THC Stock 12 Month Forecast
Average Price Target
$131.18
▲(2.11% Upside)
Technical Analysis
Best Analysts Covering THC
1 Year
1 Year Success Rate
26/36 ratings generated profit
1 Year Average Return
+29.60%
reiterated a buy rating 18 days ago
Copying Ann Hynes's trades and holding each position for 1 Year would result in 72.22% of your transactions generating a profit, with an average return of +29.60% per trade.
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