Tenet Healthcare Corporation (THC): Price and Financial Metrics

Tenet Healthcare Corporation (THC): $100.38

1.58 (+1.60%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: Medical - Hospitals

Industry

B

Ranked

#3 of 10

in industry

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%.
Over the past 70 months, THC's revenue has gone down $22,000,000.

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.


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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).

Yahoo | December 26, 2023

Tenet Healthcare Corporation (THC) Declined on Investors’ Sentiment

Chartwell 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%. […]

Yahoo | December 25, 2023

3 Aging Population Stocks to Profit from the Boomer Generation

The elderly population of the U.S. is expected to grow tremendously in the coming years.

Larry Ramer on InvestorPlace | December 21, 2023

Tenet Healthcare (THC) Outperforms Broader Market: What You Need to Know

Tenet Healthcare (THC) closed at $75.56 in the latest trading session, marking a +0.77% move from the prior day.

Yahoo | December 19, 2023

John Muir, Tenet hospital deal collapses following FTC lawsuit

John 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.

Yahoo | December 19, 2023

Read More 'THC' Stories Here

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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