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Tenet Healthcare Corporation (NYSE:THC)
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.
Tenet Healthcare Corporation trades on the NYSE exchange in USD dollars.
It is in the healthcare sector.
It is currently trading at $54.96 ($55.17 the previous day).
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.
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 Performance||Average Price||Percent Change|
|1 year||57.981989130435||-19.5||- Below Average|
|2 year||72.009329268293||157.9||+ Above Average|
|3 year||27.923676373626||7||- Below Average|
|4 year||26.09199862543||-7.9||- Below Average|
|5 year||28.315||66.3||+ Above Average|
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.
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Tenet to Participate in Barclays Global Healthcare ConferenceThu, 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
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Greenlight sells off Intel and Rivian, adds Tenet, FunkoTue, 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 TranscriptMon, 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 ExpectationsSat, 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 StrengthFri, 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 ProvidenceThu, 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 GuidanceThu, 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 EstimatesThu, 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 bayThu, 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 bayThu, 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 OutlookThu, 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 AgreementWed, 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 ExperienceMon, 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
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