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Tenet Healthcare Stock Price, News & Analysis (NYSE:THC)

$22.58
+0.45 (+2.03 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
$22.42
Now: $22.58
$23.31
50-Day Range
$19.78
MA: $22.26
$25.65
52-Week Range
$16.60
Now: $22.58
$31.64
Volume1.12 million shs
Average Volume1.40 million shs
Market Capitalization$2.34 billion
P/E Ratio12.14
Dividend YieldN/A
Beta1.62
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; physical therapy, orthopedic, oncology, and outpatient services; cardiothoracic surgery, neonatal intensive care, and neurosurgery services; quaternary care in heart, liver, kidney, and bone marrow transplants areas; tertiary and quaternary pediatric, and burn services; and limb-salvaging vascular procedures, acute level 1 trauma services, intravascular stroke care, minimally invasive cardiac valve replacement, imaging technology, and telemedicine access for various medical specialties. Read More…

Industry, Sector and Symbol

Industry General medical & surgical hospitals
Sub-IndustryHealth Care Facilities
SectorMedical
CUSIP88033G40
Phone469-893-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$18.31 billion
Cash Flow$10.36 per share
Book Value$6.70 per share

Profitability

Net Income$111 million

Miscellaneous

Employees115,500
Market Cap$2.34 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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Tenet Healthcare (NYSE:THC) Frequently Asked Questions

What is Tenet Healthcare's stock symbol?

Tenet Healthcare trades on the New York Stock Exchange (NYSE) under the ticker symbol "THC."

How were Tenet Healthcare's earnings last quarter?

Tenet Healthcare Corp (NYSE:THC) posted its quarterly earnings data on Monday, August, 5th. The company reported $0.56 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.12. The firm earned $4.56 billion during the quarter, compared to analysts' expectations of $4.48 billion. Tenet Healthcare had a negative net margin of 0.09% and a positive return on equity of 28.95%. The firm's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter last year, the company posted $0.49 EPS. View Tenet Healthcare's Earnings History.

When is Tenet Healthcare's next earnings date?

Tenet Healthcare is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Tenet Healthcare.

What guidance has Tenet Healthcare issued on next quarter's earnings?

Tenet Healthcare updated its FY19 earnings guidance on Monday, August, 5th. The company provided EPS guidance of $2.08-2.59 for the period, compared to the Thomson Reuters consensus estimate of $2.35. The company issued revenue guidance of $18.0-18.4 billion, compared to the consensus revenue estimate of $18.19 billion.

What price target have analysts set for THC?

12 equities research analysts have issued 1 year target prices for Tenet Healthcare's stock. Their predictions range from $20.00 to $47.00. On average, they anticipate Tenet Healthcare's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Price Targets for Tenet Healthcare.

What is the consensus analysts' recommendation for Tenet Healthcare?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenet Healthcare in the last year. There are currently 9 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tenet Healthcare.

Has Tenet Healthcare been receiving favorable news coverage?

Media headlines about THC stock have been trending negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tenet Healthcare earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Tenet Healthcare.

Who are some of Tenet Healthcare's key competitors?

What other stocks do shareholders of Tenet Healthcare own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenet Healthcare investors own include Micron Technology (MU), General Electric (GE), Netflix (NFLX), Alibaba Group (BABA), Delta Air Lines (DAL), Ford Motor (F), Twitter (TWTR), Walt Disney (DIS), Advanced Micro Devices (AMD) and Gilead Sciences (GILD).

Who are Tenet Healthcare's key executives?

Tenet Healthcare's management team includes the folowing people:
  • Mr. Ronald A. Rittenmeyer, Exec. Chairman & CEO (Age 72)
  • Mr. Daniel J. Cancelmi, Chief Financial Officer (Age 56)
  • Ms. Audrey T. Andrews, Sr. VP & Gen. Counsel (Age 52)
  • Mr. Keith B. Pitts, Vice Chairman (Age 61)
  • Mr. Saumya Sutaria M.D., Chief Operating Officer (Age 46)

Who are Tenet Healthcare's major shareholders?

Tenet Healthcare's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.09%), Pacer Advisors Inc. (0.04%), State of Alaska Department of Revenue (0.02%) and First Hawaiian Bank (0.02%). Company insiders that own Tenet Healthcare stock include Ashish Dave, Edward A Kangas, George Fredrick Smitherman and Glenview Capital Management, L. View Institutional Ownership Trends for Tenet Healthcare.

Which major investors are selling Tenet Healthcare stock?

THC stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc.. View Insider Buying and Selling for Tenet Healthcare.

Which major investors are buying Tenet Healthcare stock?

THC stock was acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., State of Alaska Department of Revenue and First Hawaiian Bank. Company insiders that have bought Tenet Healthcare stock in the last two years include George Fredrick Smitherman and Glenview Capital Management, L. View Insider Buying and Selling for Tenet Healthcare.

How do I buy shares of Tenet Healthcare?

Shares of THC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Tenet Healthcare's stock price today?

One share of THC stock can currently be purchased for approximately $22.58.

How big of a company is Tenet Healthcare?

Tenet Healthcare has a market capitalization of $2.34 billion and generates $18.31 billion in revenue each year. The company earns $111 million in net income (profit) each year or $1.86 on an earnings per share basis. Tenet Healthcare employs 115,500 workers across the globe.View Additional Information About Tenet Healthcare.

What is Tenet Healthcare's official website?

The official website for Tenet Healthcare is http://www.tenethealth.com/.

How can I contact Tenet Healthcare?

Tenet Healthcare's mailing address is 1445 ROSS AVENUE SUITE 1400, DALLAS TX, 75202. The company can be reached via phone at 469-893-2200 or via email at [email protected]


MarketBeat Community Rating for Tenet Healthcare (NYSE THC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  503 (Vote Outperform)
Underperform Votes:  658 (Vote Underperform)
Total Votes:  1,161
MarketBeat's community ratings are surveys of what our community members think about Tenet Healthcare and other stocks. Vote "Outperform" if you believe THC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe THC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/13/2019 by MarketBeat.com Staff

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