Beginning DeclineWe could not built new highs but fell through the rising trend line and the rising MA.
In an overbought status this may seen as sell signal.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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31.61 USD
611.00 M USD
20.55 B USD
93.11 M
About Tenet Healthcare Corporation
Sector
Industry
CEO
Saumya Sutaria
Website
Headquarters
Dallas
Founded
1969
FIGI
BBG000CPHYL4
Tenet Healthcare Corp. engages in the provision of healthcare services. It operates through the Hospital Operations and Other, and Ambulatory Care segments. The Hospital Operations and Other segment is composed of acute care hospitals, ancillary outpatient facilities, urgent care centers, micro hospitals and physician practices. The Ambulatory Care segment includes the operations of the USPI joint venture and the company's nine Aspen facilities in the United Kingdom. The company was founded in 1969 and is headquartered in Dallas, TX.
Quarterly SupportWe have reached a multiple times confirmed support. It was a top of a range in July having created a spike over a window then. Itwas the August bottom.
Nor it has been reached again to where it spiked down with an open window.
It may be an exhaustion at least for a short time.
potential upthis stock has at least 2 consecutive quarters > 10% surprise and > 100% YoY, potential up, publish idea for my own review in the future
⚕️ Tenet Healthcare (THC): Positive Outlook in 2024! 🏥📈📊 Analysis:
Positive Outlook: NYSE:THC anticipates continued organic volume growth, strong patient acuity, and effective cost management in 2024.
Strategic Move: Alleviated long-term debt by selling three hospitals in South Carolina for $2.4 billion in cash.
Financial Performance: Strong finish to
Tenet Healthcare to Sell Three South Carolina HospitalsTenet Healthcare Corporation (NYSE: THC) has entered into a definitive agreement with Novant Health for the sale of three Tenet hospitals and related operations in South Carolina for approximately $2.4 billion in cash (after-tax proceeds of approximately $1.750 billion).
The transaction will includ
THC's Downtrend May Be EndingTHC is just above 100 EMA. RSI is 35. According to Squeeze Momentum indicator, bearish momentum is slowing down. In the past, THC has bounced from about 30 RSI. The likely scenario this time is that it may reach 70 and then start its movement upwards.
THC ,,, Watching Uptrend
It was a good corrective wave inside an uptrend and i suppose after passing of 75 , it can be a good buying opportunity by setting a SL at about 66.
THC set for a push upGreat history of EPS and Revenue beats. EV/EBITDA 7x looks very attractive. Pick-up in the stock demand speaks for higher prices.
THC Tenet Healthcare Options Ahead of EarningsLooking at the THC Tenet Healthcare options chain ahead of earnings , I would buy the $60 strike price Calls with
2023-2-17 expiration date for about
$1.10 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
THC5840385
Tenet Healthcare Corporation 6.75% 15-MAY-2031Yield to maturity
6.52%
Maturity date
May 15, 2031
THC5535218
Tenet Healthcare Corporation 6.25% 01-FEB-2027Yield to maturity
6.39%
Maturity date
Feb 1, 2027
B
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Baptist Health South Florida Obligated Group 3.115% 15-NOV-2071Yield to maturity
6.35%
Maturity date
Nov 15, 2071
THC5423555
Tenet Healthcare Corporation 6.125% 15-JUN-2030Yield to maturity
6.24%
Maturity date
Jun 15, 2030
THC5040669
Tenet Healthcare Corporation 6.125% 01-OCT-2028Yield to maturity
6.23%
Maturity date
Oct 1, 2028
THC4996980
Tenet Healthcare Corporation 4.625% 15-JUN-2028Yield to maturity
6.12%
Maturity date
Jun 15, 2028
THC5187521
Tenet Healthcare Corporation 4.25% 01-JUN-2029Yield to maturity
6.08%
Maturity date
Jun 1, 2029
THC4871475
Tenet Healthcare Corporation 5.125% 01-NOV-2027Yield to maturity
5.85%
Maturity date
Nov 1, 2027
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Frequently Asked Questions
The current price of THC is 129.46 USD — it has increased by 2.99% in the past 24 hours. Watch Tenet Healthcare Corporation stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Tenet Healthcare Corporation stocks are traded under the ticker THC.
THC stock has fallen by −4.54% compared to the previous week, the month change is a −15.41% fall, over the last year Tenet Healthcare Corporation has showed a 73.73% increase.
We've gathered analysts' opinions on Tenet Healthcare Corporation future price: according to them, THC price has a max estimate of 217.00 USD and a min estimate of 147.00 USD. Watch THC chart and read a more detailed Tenet Healthcare Corporation stock forecast: see what analysts think of Tenet Healthcare Corporation and suggest that you do with its stocks.
THC stock is 4.27% volatile and has beta coefficient of 1.21. Track Tenet Healthcare Corporation stock price on the chart and check out the list of the most volatile stocks — is Tenet Healthcare Corporation there?
Today Tenet Healthcare Corporation has the market capitalization of 12.31 B, it has decreased by −5.38% over the last week.
Yes, you can track Tenet Healthcare Corporation financials in yearly and quarterly reports right on TradingView.
Tenet Healthcare Corporation is going to release the next earnings report on Feb 6, 2025. Keep track of upcoming events with our Earnings Calendar.
THC earnings for the last quarter are 2.93 USD per share, whereas the estimation was 2.37 USD resulting in a 23.89% surprise. The estimated earnings for the next quarter are 2.95 USD per share. See more details about Tenet Healthcare Corporation earnings.
Tenet Healthcare Corporation revenue for the last quarter amounts to 5.12 B USD, despite the estimated figure of 5.05 B USD. In the next quarter, revenue is expected to reach 5.17 B USD.
THC net income for the last quarter is 472.00 M USD, while the quarter before that showed 259.00 M USD of net income which accounts for 82.24% change. Track more Tenet Healthcare Corporation financial stats to get the full picture.
No, THC doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 21, 2024, the company has 106.50 K employees. See our rating of the largest employees — is Tenet Healthcare Corporation on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Tenet Healthcare Corporation EBITDA is 3.69 B USD, and current EBITDA margin is 16.05%. See more stats in Tenet Healthcare Corporation financial statements.
Like other stocks, THC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Tenet Healthcare Corporation stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Tenet Healthcare Corporation technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Tenet Healthcare Corporation stock shows the buy signal. See more of Tenet Healthcare Corporation technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.