Tenet Healthcare Corporation (THC): Price and Financial Metrics
THC Price/Volume Stats
Current price | $100.38 | 52-week high | $101.64 |
Prev. close | $98.80 | 52-week low | $51.04 |
Day low | $97.93 | Volume | 1,088,400 |
Day high | $100.50 | Avg. volume | 1,216,113 |
50-day MA | $88.63 | Dividend yield | N/A |
200-day MA | $74.88 | Market Cap | 10.04B |
THC Stock Price Chart Interactive Chart >
THC POWR Grades
- Growth is the dimension where THC ranks best; there it ranks ahead of 91.4% of US stocks.
- THC's strongest trending metric is Stability; it's been moving down over the last 26 weeks.
- THC ranks lowest in Momentum; there it ranks in the 26th percentile.
THC Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for THC is 13.81 -- better than 97.54% of US stocks.
- THC's went public 38.03 years ago, making it older than 92.92% of listed US stocks we're tracking.
- Equity multiplier, or assets relative to shareholders' equity, comes in at 21.03 for TENET HEALTHCARE CORP; that's greater than it is for 97.91% of US stocks.
- If you're looking for stocks that are quantitatively similar to TENET HEALTHCARE CORP, a group of peers worth examining would be KLXE, CNFR, QRTEA, DVA, and SLM.
- THC's SEC filings can be seen here. And to visit TENET HEALTHCARE CORP's official web site, go to www.tenethealth.com.
THC Valuation Summary
- In comparison to the median Healthcare stock, THC's price/sales ratio is 90.48% lower, now standing at 0.4.
- THC's price/sales ratio has moved down 0.1 over the prior 243 months.
Below are key valuation metrics over time for THC.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
THC | 2023-12-29 | 0.4 | 5.2 | 16.4 | 13.1 |
THC | 2023-12-28 | 0.4 | 5.3 | 16.5 | 13.2 |
THC | 2023-12-27 | 0.4 | 5.3 | 16.5 | 13.2 |
THC | 2023-12-26 | 0.4 | 5.3 | 16.6 | 13.2 |
THC | 2023-12-22 | 0.4 | 5.3 | 16.4 | 13.1 |
THC | 2023-12-21 | 0.4 | 5.3 | 16.4 | 13.1 |
THC Growth Metrics
- The 4 year net income to common stockholders growth rate now stands at 35.48%.
- Its year over year net cashflow from operations growth rate is now at -66.89%.
- The 3 year net cashflow from operations growth rate now stands at 33.4%.
The table below shows THC's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 19,368 | 1,083 | 411 |
2022-09-30 | 19,332 | 1,019 | 558 |
2022-06-30 | 19,374 | 1,136 | 876 |
2022-03-31 | 19,615 | 1,262 | 957 |
2021-12-31 | 19,676 | 1,568 | 914 |
2021-09-30 | 20,034 | 1,657 | 1,079 |
THC's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- THC has a Quality Grade of C, ranking ahead of 65.12% of graded US stocks.
- THC's asset turnover comes in at 0.755 -- ranking 40th of 81 Healthcare stocks.
- USPH, NTRA, and EHC are the stocks whose asset turnover ratios are most correlated with THC.
The table below shows THC's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-09-30 | 0.755 | 1 | 0.102 |
2021-06-30 | 0.738 | 1 | 0.060 |
2021-03-31 | 0.709 | 1 | 0.059 |
2020-12-31 | 0.717 | 1 | 0.053 |
2020-09-30 | 0.722 | 1 | 0.035 |
2020-06-30 | 0.746 | 1 | 0.041 |
THC Price Target
For more insight on analysts targets of THC, see our THC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $84.53 | Average Broker Recommendation | 1.58 (Moderate Buy) |
Tenet Healthcare Corporation (THC) Company Bio
Tenet Healthcare primarily operates acute care hospitals and related healthcare facilities in the United States. It operates through two segments, Hospital Operations and Other, and Conifer. The company was founded in 1967 and is based in Dallas, Texas.
Latest THC News From Around the Web
Below are the latest news stories about TENET HEALTHCARE CORP that investors may wish to consider to help them evaluate THC as an investment opportunity.
Tenet Healthcare (THC) Gains 60% in a Year: More Room to Run?Diversified treatment network, solid patient volumes in the Hospital segment and robust cash flows continue to drive Tenet Healthcare (THC). |
Tenet Healthcare Corporation (THC) Declined on Investors’ SentimentChartwell Investment Partners, LLC, an affiliate of Carillon Tower Advisers, Inc., released the “Carillon Chartwell Mid Cap Value Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. Equities rose early in the quarter on the back of a broader appetite for risk, however, they eventually fell when interest rates crossed 4%. […] |
3 Aging Population Stocks to Profit from the Boomer GenerationThe elderly population of the U.S. is expected to grow tremendously in the coming years. |
Tenet Healthcare (THC) Outperforms Broader Market: What You Need to KnowTenet Healthcare (THC) closed at $75.56 in the latest trading session, marking a +0.77% move from the prior day. |
John Muir, Tenet hospital deal collapses following FTC lawsuitJohn Muir Health will no longer acquire a California medical center from Tenet Healthcare, one month after regulators sued to block the deal over concerns it could drive up health costs in the region. |
THC Price Returns
1-mo | 10.39% |
3-mo | 32.85% |
6-mo | 44.24% |
1-year | 82.31% |
3-year | 85.27% |
5-year | 238.89% |
YTD | 32.83% |
2023 | 54.89% |
2022 | -40.27% |
2021 | 104.58% |
2020 | 5.00% |
2019 | 121.88% |
Continue Researching THC
Want to see what other sources are saying about Tenet Healthcare Corp's financials and stock price? Try the links below:Tenet Healthcare Corp (THC) Stock Price | Nasdaq
Tenet Healthcare Corp (THC) Stock Quote, History and News - Yahoo Finance
Tenet Healthcare Corp (THC) Stock Price and Basic Information | MarketWatch
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