Tenet Healthcare Corporation (THC): Price and Financial Metrics
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THC POWR Grades
- Growth is the dimension where THC ranks best; there it ranks ahead of 92.7% of US stocks.
- The strongest trend for THC is in Momentum, which has been heading down over the past 177 days.
- THC's current lowest rank is in the Momentum metric (where it is better than 8.23% of US stocks).
THC Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for THC is 16.96 -- better than 98.13% of US stocks.
- TENET HEALTHCARE CORP's stock had its IPO on January 1, 1986, making it an older stock than 93.5% of US equities in our set.
- THC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 98.26% of US stocks.
- Stocks that are quantitatively similar to THC, based on their financial statements, market capitalization, and price volatility, are UFAB, QUAD, VEON, DVA, and ENR.
- 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 84.21% lower, now standing at 0.3.
- Over the past 243 months, THC's price/earnings ratio has gone up 6.9.
Below are key valuation metrics over time for THC.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| THC | 2023-03-24 | 0.3 | 4.9 | 13.6 | 12.0 |
| THC | 2023-03-23 | 0.3 | 4.9 | 13.7 | 12.1 |
| THC | 2023-03-22 | 0.3 | 5.0 | 14.0 | 12.1 |
| THC | 2023-03-21 | 0.3 | 5.2 | 14.4 | 12.2 |
| THC | 2023-03-20 | 0.3 | 5.1 | 14.1 | 12.2 |
| THC | 2023-03-17 | 0.3 | 4.9 | 13.7 | 12.1 |
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) |
THC Stock Price Chart Interactive Chart >
THC Price/Volume Stats
| Current price | $57.60 | 52-week high | $92.65 |
| Prev. close | $56.06 | 52-week low | $36.69 |
| Day low | $56.98 | Volume | 1,535,602 |
| Day high | $58.14 | Avg. volume | 1,624,393 |
| 50-day MA | $56.37 | Dividend yield | N/A |
| 200-day MA | $53.76 | Market Cap | 5.89B |
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.
How to Find Strong Medical Stocks Slated for Positive Earnings SurprisesFinding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. |
Acadia Healthcare (ACHC) Gains From Expansion InitiativesAcadia Healthcare (ACHC) gains from solid top line stemming from continuous bed additions and higher patient volumes. A credible financial position drives its expansion endeavors. |
Is Tenet Healthcare Corporation (NYSE:THC) A High Quality Stock To Own?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is... |
Universal Health (UHS) Q4 Earnings Beat on Solid SegmentsUniversal Health's (UHS) fourth-quarter results indicate growing revenues in its segments resulting from higher patient volumes. Management expects adjusted EPS within $9.50-$10.50 for 2023. |
Tenet to Participate in Barclays Global Healthcare ConferenceDALLAS, February 23, 2023--Tenet Healthcare Corporation (NYSE: THC) is scheduled to present at the Barclays Global Healthcare Conference on Tuesday, March 14, 2023, beginning at 9:30 a.m. Eastern time. |
THC Price Returns
| 1-mo | -1.59% |
| 3-mo | 18.06% |
| 6-mo | 11.67% |
| 1-year | -33.79% |
| 3-year | 261.36% |
| 5-year | 137.53% |
| YTD | 18.06% |
| 2022 | -40.27% |
| 2021 | 104.58% |
| 2020 | 5.00% |
| 2019 | 121.88% |
| 2018 | 13.06% |
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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