Tenet Healthcare Corporation (THC)

Market Cap	14.81B
Revenue (ttm)	20.91B
Net Income (ttm)	2.62B
Shares Out	97.68M
EPS (ttm)	25.77
PE Ratio	5.88
Forward PE	18.13
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,304,680
Open	151.24
Previous Close	149.74
Day's Range	148.38 - 152.37
52-Week Range	51.04 - 152.37
Beta	2.16
Analysts	Strong Buy
Price Target	136.12 (-10.23%)
Earnings Date	Jul 24, 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
• CEO: Dr. Saumya Sutaria M.D.
• Employees: 106,500
• Stock Exchange: NYSE
• Ticker Symbol: THC

Financial Performance

In 2023, THC'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 17 analysts, the average rating for THC stock is "Strong Buy." The 12-month stock price forecast is $136.12, which is a decrease of -10.23% from the latest price.

Price Target

$136.12

(-10.23% downside)

Analyst Consensus: Strong Buy