Tenet Healthcare/THC

$99.40

-1.03%
-
1D1W1MYTD1YMAX

About Tenet Healthcare

Tenet Healthcare Corporation is a diversified healthcare services company. The Company’s care delivery network includes USPI Holding Company, Inc. (USPI), which operates or has ownership interests in ambulatory surgery centers and surgical hospitals. The Company also operates acute care and specialty hospitals, as well as other outpatient facilities, including surgical hospitals, and ambulatory surgery centers (ASC), among others. The Company operates through two segments: Hospital Operations and Services, and Ambulatory Care. The Hospital Operations and Services segment, which is comprised of acute care and specialty hospitals, a network of employed physicians and ancillary outpatient facilities, as well as the revenue cycle management and value-based care services that the Company provide to hospitals, health systems, physician practices, employers, and other clients. The Ambulatory Care segment, which is comprised of USPI’s ASCs and surgical hospitals.

Ticker

THC

Sector

Healthcare

Trading on

NYSE

Industry

Healthcare Facilities

CEO

Saumya Sutaria

Employees

78,144

Headquarters

Dallas, United States

Tenet Healthcare Metrics

BasicAdvanced
$10.04B
Market cap
17.22
P/E ratio
$5.83
EPS
2.14
Beta
-
Dividend rate
$10.04B
2.13743
$107.80
$51.04
1.13M
1.506
1.419
925.498
932.96
19.383
4.15%
4.73%
44.44%
6.75%
17.219
0.489
6.243
6.188
7.17%
55.47%
5.22%
15.8%

What the Analysts think about Tenet Healthcare

Analyst Ratings

Majority rating from 19 analysts.
Buy

Price Targets

Average projection from 17 analysts.
12.2% upside
High $137.00
Low $85.00
$99.40
Current price
$111.53
Average price target

Tenet Healthcare Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
4.53% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$5.38B
6.18%
Net income
$244M
141.58%
Profit margin
4.53%
127.64%

Tenet Healthcare Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 67.29%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.42
$1.44
$1.44
$2.68
-
Expected
$1.16
$1.25
$1.20
$1.60
$1.43
Surprise
22.89%
15.32%
20.41%
67.29%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Tenet Healthcare stock?

Tenet Healthcare (THC) has a market cap of $10.04B as of April 16, 2024.

What is the P/E ratio for Tenet Healthcare stock?

The price to earnings (P/E) ratio for Tenet Healthcare (THC) stock is 17.22 as of April 16, 2024.

Does Tenet Healthcare stock pay dividends?

No, Tenet Healthcare (THC) stock does not pay dividends to its shareholders as of April 16, 2024.

When is the next Tenet Healthcare dividend payment date?

Tenet Healthcare (THC) stock does not pay dividends to its shareholders.

What is the beta indicator for Tenet Healthcare?

Tenet Healthcare (THC) has a beta rating of 2.14. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Tenet Healthcare stock price target?

The target price for Tenet Healthcare (THC) stock is $111.53, which is 12.2% above the current price of $99.4. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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