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Tenet Healthcare Corporation (NYSE:THC)
Stock Analysis

THC54.96
▼ -0.38%-0.21

Stock Analysis

The following stock analysis is based on 10.4 years of data (i.e. since Nov 12, 2012). All the stock history has been downloaded.

Stock Exchange

Tenet Healthcare Corporation trades on the NYSE exchange in USD dollars.

Sector

It is in the healthcare sector.

Current Status of Tenet Healthcare Corporation

It is currently trading at $54.96 ($55.17 the previous day).

Financials

The next reporting date is in 21 days (2023 04 19).

CNN estimates profits for the upcoming quarter will be $1.15 per share ($4.8B). The current Canada / US exchange rate is 1.36.



Over the past 12 months, $473770 worth of shares have been purchased and $3882171 worth of shares have been sold by insiders.

Will This Trend Continue?

The year over year average increase is 17.1% per year assuming steady exponential growth. The actual 5 year average is 40.76. Details on the individual increase in one year intervals is provided below.

Past PerformanceAverage PricePercent Change
1 year57.981989130435-19.5- Below Average
2 year72.009329268293157.9+ Above Average
3 year27.9236763736267- Below Average
4 year26.09199862543-7.9- Below Average
5 year28.31566.3+ Above Average
Tenet Healthcare Corporation is projected by analysts to get to $70.00 within the next 12 months (27.4%), but preticted targets range from as high as $95.00 (72.9%) and as low as $60(9.2%).

Risk

The worst drop it has had in recent years is -82.6%. It has a up and down shape to the stock curve, which means the stock can have significant gains followed by losses. Good for day trading, but needs to be watched if held for any significant amount of time.

Stock shape test

DAYS AG0PRICE
1057.6DROPPING
3059.69DROPPING
6051.54RISING
15037.5RISING
36587.02DROPPING
80039.93RISING
120037.05RISING
160024.64RISING
200016.75RISING


With an average increase of 17.1% year over year, if Tenet Healthcare Corporation is bought at the worst time, Stockmarketizer analysts estimate it will take 58 months before the stock will recover to the original purchase price. The P/E value is 14.54. The stock is under valued as the industry standard in the healthcare sector is a P/E of 86.26.

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Yahoo News Feed

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Is Tenet Healthcare Corporation (NYSE:THC) A High Quality Stock To Own?

Fri, 03 Mar 2023 19:14:45 Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...... Read Full Article

Universal Health (UHS) Q4 Earnings Beat on Solid Segments

Tue, 28 Feb 2023 17:09:05 Universal Health's (UHS) fourth-quarter results indicate growing revenues in its segments resulting from higher patient volumes. Management expects adjusted EPS within $9.50-$10.50 for 2023.... Read Full Article

Tenet to Participate in Barclays Global Healthcare Conference

Thu, 23 Feb 2023 14:00:00 DALLAS, February 23, 2023--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays Global Healthcare Conference on Tuesday, March 14, 2023, beginning at 9:30 a.m. Eastern time.... Read Full Article

Billionaire David Einhorn Loads Up on These 2 Stocks — Here’s Why They Could Bounce

Wed, 22 Feb 2023 15:41:05 Only a relatively small number of investors enjoyed 2022’s treacherous bear conditions, and one of those was David Einhorn. In contrast to the SandP 500’s 19% loss, Einhorn’s hedge fund Greenlight Capital notched returns of 36.6%, in what amounted to the ...... Read Full Article

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Greenlight sells off Intel and Rivian, adds Tenet, Funko

Tue, 14 Feb 2023 22:20:00 David Einhorn's Greenlight Capital Inc. cut its stakes in Intel Corp. and opened new positions in Tenet Healthcare Corp. and bobblehead maker Funko Inc. , among other investment decisions in the fourth quarter, according to a filing late Tuesday.... Read Full Article

Tenet Healthcare Corporation (NYSE:THC) Q4 2022 Earnings Call Transcript

Mon, 13 Feb 2023 03:48:17 Tenet Healthcare Corporation (NYSE:THC) Q4 2022 Earnings Call Transcript February 9, 2023 Operator: Good morning. Welcome to Tenet Healthcare’s Fourth Quarter 2022 Earnings Conference Call. After the speaker remarks, there will be a question-and-answer session for industry analysts. I’ll now turn ...... Read Full Article

Tenet Healthcare Full Year 2022 Earnings: In Line With Expectations

Sat, 11 Feb 2023 12:26:03 Tenet Healthcare ( NYSE:THC ) Full Year 2022 Results Key Financial Results Revenue: US$19.2b (down 1.6% from FY 2021...... Read Full Article

Tenet (THC) Q4 Earnings Beat on Ambulatory Care Strength

Fri, 10 Feb 2023 18:53:06 Tenet Healthcare's (THC) bottom line deteriorates due to higher operating expenses, partially offset by an improving Ambulatory Care segment.... Read Full Article

Tenet Healthcare's United Surgical Partners International partners with Providence

Thu, 09 Feb 2023 18:30:02 Under the agreement, USPI and Providence will focus on enhancing the quality and access to ambulatory surgery centers in markets across the Western U.S.... Read Full Article

Tenet Healthcare's Beats Wall Street Estimates In Q4, Issues Underwhelming Guidance

Thu, 09 Feb 2023 13:50:31 Tenet Healthcare Corp's (NYSE: THC) Q4 FY22 adjusted EPS came in at $1.96, down from $2.70 a year ago and beating the consensus of $1.23. Net operating revenue reached $4.99 billion, up 2.76% Y/Y, beating the consensus of $4.94 billion. Hospital segment sales declined 1.8% to $3.84 ...... Read Full Article

Tenet Healthcare (THC) Beats Q4 Earnings and Revenue Estimates

Thu, 09 Feb 2023 13:05:01 Tenet (THC) delivered earnings and revenue surprises of 54.33% and 1.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?... Read Full Article

UPDATE 2-Tenet Healthcare's fourth-quarter beat puts 2023 concerns at bay

Thu, 09 Feb 2023 12:16:47 Tenet Healthcare Corp on Thursday beat Wall Street estimates for fourth-quarter results as growth in its outpatient service business put concerns around the hospital operator's weak 2023 forecast at bay. Easing labor contract costs, along with a rise in cases of ...... Read Full Article

Tenet Healthcare's fourth-quarter beat puts 2023 concerns at bay

Thu, 09 Feb 2023 11:54:34 Easing labor contract costs, along with a rise in cases of respiratory syncytial virus (RSV) and COVID-19 during the winter season have benefited hospital operators such as Tenet and larger rival HCA Healthcare Inc. Tenet reduced its contract labor-related expenses ...... Read Full Article

Tenet Reports Fourth Quarter and FY 2022 Results; Provides 2023 Financial Outlook

Thu, 09 Feb 2023 11:45:00 DALLAS, February 09, 2023--Tenet Healthcare Corporation (Tenet) (NYSE: THC) today announced its results for the quarter ended December 31, 2022.... Read Full Article

USPI and Providence Expand Partnership with a New Development Agreement

Wed, 08 Feb 2023 23:00:00 DALLAS, February 08, 2023--United Surgical Partners International (USPI), the largest ambulatory surgery platform in the country and a subsidiary of Tenet Healthcare (NYSE: THC), and Providence, a not-for-profit health system serving the Western U.S., announced today that they have signed ...... Read Full Article

USPI Facilities Recognized for Excellence in Patient Experience

Mon, 30 Jan 2023 17:00:00 DALLAS, January 30, 2023--United Surgical Partners International (USPI), a subsidiary of Tenet Healthcare Corporation (NYSE: THC), announced today that 24 facilities were recognized by Press Ganey for excellence in patient experience.... Read Full Article

HCA Healthcare (HCA) Lags Q4 Earnings and Revenue Estimates

Fri, 27 Jan 2023 13:25:01 HCA (HCA) delivered earnings and revenue surprises of -3.13% and 0.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?... Read Full Article
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