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NYSE:THC - Tenet Healthcare Stock Price, Forecast & News

$33.40
-0.57 (-1.68 %)
(As of 02/18/2020 04:13 AM ET)
Today's Range
$33.06
Now: $33.40
$34.13
50-Day Range
$31.64
MA: $35.23
$38.34
52-Week Range
$17.18
Now: $33.40
$39.37
Volume611,965 shs
Average Volume823,212 shs
Market Capitalization$3.47 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.81
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$10.15 per share
Book Value$6.70 per share

Profitability

Net Income$111 million

Miscellaneous

Employees115,500
Market Cap$3.47 billion
Next Earnings Date2/24/2020 (Confirmed)
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) released its earnings results on Monday, November, 4th. The company reported $0.58 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.30. The company earned $4.57 billion during the quarter, compared to analyst estimates of $4.46 billion. Tenet Healthcare had a negative net margin of 1.31% and a positive return on equity of 35.68%. The firm's quarterly revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.29 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, February 24th 2020. View Earnings Estimates for Tenet Healthcare.

How can I listen to Tenet Healthcare's earnings call?

Tenet Healthcare will be holding an earnings conference call on Monday, February 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for THC?

11 Wall Street analysts have issued 1-year price targets for Tenet Healthcare's stock. Their forecasts range from $20.00 to $53.00. On average, they anticipate Tenet Healthcare's stock price to reach $33.92 in the next year. This suggests a possible upside of 1.5% from the stock's current price. View Analyst Price Targets for Tenet Healthcare.

What is the consensus analysts' recommendation for Tenet Healthcare?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenet Healthcare in the last year. There are currently 1 sell rating, 6 hold ratings and 4 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 coverage about THC stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tenet Healthcare earned a coverage optimism score of -3.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. 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), Alibaba Group (BABA), Netflix (NFLX), General Electric (GE), Advanced Micro Devices (AMD), Delta Air Lines (DAL), Walt Disney (DIS), Starbucks (SBUX), Bank of America (BAC) and NVIDIA (NVDA).

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 a variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (3.27%), Letko Brosseau & Associates Inc. (2.25%), Redwood Capital Management LLC (1.57%), FMR LLC (1.50%), Acadian Asset Management LLC (1.35%) and Bank of New York Mellon Corp (1.27%). Company insiders that own Tenet Healthcare stock include Ashish Dave, Audrey T Andrews, Edward A Kangas and Glenview Capital Management, L. View Institutional Ownership Trends for Tenet Healthcare.

Which institutional investors are selling Tenet Healthcare stock?

THC stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, FMR LLC, Credit Suisse AG, Letko Brosseau & Associates Inc., Redwood Capital Management LLC, Gabelli Funds LLC, State of New Jersey Common Pension Fund D and Goldman Sachs Group Inc.. Company insiders that have sold Tenet Healthcare company stock in the last year include Audrey T Andrews and Edward A Kangas. View Insider Buying and Selling for Tenet Healthcare.

Which institutional investors are buying Tenet Healthcare stock?

THC stock was purchased by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, UBS Group AG, Prudential Financial Inc., Acadian Asset Management LLC, AQR Capital Management LLC, Alberta Investment Management Corp, Jacobs Levy Equity Management Inc. and Great West Life Assurance Co. Can. 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 $33.40.

How big of a company is Tenet Healthcare?

Tenet Healthcare has a market capitalization of $3.47 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:  530 (Vote Outperform)
Underperform Votes:  690 (Vote Underperform)
Total Votes:  1,220
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 2/18/2020 by MarketBeat.com Staff

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