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Tenet Healthcare Corporation is a medical care facilities business based in the US. Tenet Healthcare Corporation shares (THC) are listed on the NYSE and all prices are listed in US Dollars. Tenet Healthcare Corporation employs 107,000 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$73.31|
|52-week range||$21.34 - $76.16|
|50-day moving average||$71.85|
|200-day moving average||$63.34|
|Wall St. target price||$84.53|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$4.03|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-09-10)||0.83%|
|1 month (2021-08-18)||5.07%|
|3 months (2021-06-18)||11.19%|
|6 months (2021-03-18)||37.85%|
|1 year (2020-09-17)||146.17%|
|2 years (2019-09-17)||193.47%|
|3 years (2018-09-17)||158.32%|
|5 years (2016-09-16)||217.50%|
Valuing Tenet Healthcare Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tenet Healthcare Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tenet Healthcare Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Tenet Healthcare Corporation shares trade at around 18x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Tenet Healthcare Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9314. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tenet Healthcare Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tenet Healthcare Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.2 billion.
The EBITDA is a measure of a Tenet Healthcare Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$19.2 billion|
|Operating margin TTM||11.93%|
|Gross profit TTM||$6.2 billion|
|Return on assets TTM||5.43%|
|Return on equity TTM||34.06%|
|Market capitalisation||$7.8 billion|
TTM: trailing 12 months
There are currently 5.3 million Tenet Healthcare Corporation shares held short by investors – that's known as Tenet Healthcare Corporation's "short interest". This figure is 10% up from 4.8 million last month.
There are a few different ways that this level of interest in shorting Tenet Healthcare Corporation shares can be evaluated.
Tenet Healthcare Corporation's "short interest ratio" (SIR) is the quantity of Tenet Healthcare Corporation shares currently shorted divided by the average quantity of Tenet Healthcare Corporation shares traded daily (recently around 981510.14760148). Tenet Healthcare Corporation's SIR currently stands at 5.42. In other words for every 100,000 Tenet Healthcare Corporation shares traded daily on the market, roughly 5420 shares are currently held short.
However Tenet Healthcare Corporation's short interest can also be evaluated against the total number of Tenet Healthcare Corporation shares, or, against the total number of tradable Tenet Healthcare Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tenet Healthcare Corporation's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Tenet Healthcare Corporation shares in existence, roughly 50 shares are currently held short) or 0.056% of the tradable shares (for every 100,000 tradable Tenet Healthcare Corporation shares, roughly 56 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Tenet Healthcare Corporation.
Find out more about how you can short Tenet Healthcare Corporation stock.
We're not expecting Tenet Healthcare Corporation to pay a dividend over the next 12 months.
Tenet Healthcare Corporation's shares were split on a 1:4 basis on 10 October 2012. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Tenet Healthcare Corporation shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Tenet Healthcare Corporation shares which in turn could have impacted Tenet Healthcare Corporation's share price.
Over the last 12 months, Tenet Healthcare Corporation's shares have ranged in value from as little as $21.34 up to $76.16. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tenet Healthcare Corporation's is 2.5781. This would suggest that Tenet Healthcare Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery and urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals; and offers healthcare business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. As of December 31, 2020, the company operated 65 hospitals; and approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and other care sites and clinics. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas.
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