Tenet Healthcare Corporation (THC)

Market Cap	14.59B
Revenue (ttm)	20.97B
Net Income (ttm)	3.13B
Shares Out	95.10M
EPS (ttm)	31.26
PE Ratio	4.91
Forward PE	13.51
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,231,138
Open	156.10
Previous Close	155.34
Day's Range	151.86 - 156.42
52-Week Range	62.70 - 171.20
Beta	2.15
Analysts	Strong Buy
Price Target	160.67 (+4.71%)
Earnings Date	Oct 29, 2024

About THC

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. 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/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient...

• Industry: Medical Care Facilities
• Sector: Healthcare
• Founded: 1967
• Employees: 106,500
• Stock Exchange: NYSE
• Ticker Symbol: THC
• Website: https://www.tenethealth.com

Financial Performance

In 2023, Tenet Healthcare's revenue was $20.55 billion, an increase of 7.17% compared to the previous year's $19.17 billion. Earnings were $611.00 million, an increase of 48.66%.

Analyst Forecast

According to 18 analysts, the average rating for THC stock is "Strong Buy." The 12-month stock price forecast is $160.67, which is an increase of 4.71% from the latest price.

Price Target

$160.67

(4.71% upside)

Analyst Consensus: Strong Buy