Tenet Healthcare (THC)
NYSE:THC
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THC Stock Chart & Stats
$196.64
$1.59(1.23%)
At close: 4:00 PM EST
$196.64
$1.59(1.23%)
Day’s Range― - ―
52-Week Range$145.27 - $247.21
Previous CloseN/A
Volume281.04K
Average Volume (3M)1.04M
Market Cap
$16.06B
Enterprise Value$26.30B
Total Cash (Recent Filing)$2.97B
Total Debt (Recent Filing)$13.21B
Price to Earnings (P/E)5.8
Beta0.99
Next Earnings
Jul 16, 2026EPS Estimate
4.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)19.39
Shares Outstanding87,608,370
10 Day Avg. Volume1,159,573
30 Day Avg. Volume1,035,385
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)4.25
Price to Sales (P/S)0.84
P/FCF Ratio7.08
Enterprise Value/Market Cap1.64
Enterprise Value/Revenue1.23
Enterprise Value/Gross Profit2.87
Enterprise Value/Ebitda5.97
Forecast
1Y Price Target
$255.40Price Target Upside29.88% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)17.78
Revenue Forecast (FY)$21.99B
Bulls Say, Bears Say
Bulls Say
Ambulatory Surgery Center GrowthAnalyst highlights a strategic shift toward ambulatory surgery centers that should accelerate revenue growth and generate stronger free cash flow through higher‑acuity outpatient procedures and targeted acquisitions.
Deleveraging And Margin ExpansionAnalyst points to meaningful deleveraging and sustained margin expansion that strengthen the balance sheet and increase flexibility for future capital allocation and strategic moves.
Share Repurchases And ValuationAnalyst's recommendation is supported by the company's capacity for aggressive share repurchases, which could boost shareholder returns and drive a valuation rerating as capital is deployed opportunistically.
Bears Say
Conifer Earnings Headwind And Customer LossAnalyst cautions that Conifer‑related developments, including the loss of a major customer and transaction accounting impacts, are likely to create a notable headwind to reported earnings and analyst estimates.
Expiration Of Insurance SubsidiesAnalyst warns that the expiration of enhanced health insurance subsidies is expected to reduce patient volumes and worsen the payer mix, creating a material headwind to hospital revenue and profitability.
Hospital Volume WeaknessAnalyst notes that observed hospital volume weakness could pressure near‑term performance despite management's view of underlying demand, placing downside risk on short‑term revenue and earnings.
Tenet Healthcare News
THC FAQ
What was Tenet Healthcare’s price range in the past 12 months?
Tenet Healthcare lowest stock price was $145.27 and its highest was $247.21 in the past 12 months.
What is Tenet Healthcare’s market cap?
Tenet Healthcare’s market cap is $16.06B.
When is Tenet Healthcare’s upcoming earnings report date?
Tenet Healthcare’s upcoming earnings report date is Jul 16, 2026 which is in 73 days.
How were Tenet Healthcare’s earnings last quarter?
Tenet Healthcare released its earnings results on Apr 30, 2026. The company reported $4.82 earnings per share for the quarter, beating the consensus estimate of $4.165 by $0.655.
Is Tenet Healthcare overvalued?
According to Wall Street analysts Tenet Healthcare’s price is currently Undervalued.
Does Tenet Healthcare pay dividends?
Tenet Healthcare does not currently pay dividends.
What is Tenet Healthcare’s EPS estimate?
Tenet Healthcare’s EPS estimate is 4.26.
How many shares outstanding does Tenet Healthcare have?
Tenet Healthcare has 87,608,370 shares outstanding.
What happened to Tenet Healthcare’s price movement after its last earnings report?
Tenet Healthcare reported an EPS of $4.82 in its last earnings report, beating expectations of $4.165. Following the earnings report the stock price went down -1.655%.
Which hedge fund is a major shareholder of Tenet Healthcare?
Currently, no hedge funds are holding shares in THC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tenet Healthcare Stock Smart Score
Outperform
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Analyst Consensus
Strong Buy
Average Price Target:
$255.40 (29.88% Upside)
$255.40 (29.88% Upside)
Blogger Sentiment
Bullish
THC Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 623.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 2.9%
Last 30 Days ▲ 2.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
61.43%
12-Months-Change
Fundamentals
Return on Equity
34.82%
Trailing 12-Months
Asset Growth
6.72%
Trailing 12-Months
Company Description
Tenet Healthcare
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 February 09, 2022, the company operated 60 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.
THC Company Deck
THC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed solid financial and operational performance in Q1 — strong revenue, EBITDA, cash generation, USPI M&A activity, and demonstrated productivity/AI gains — while acknowledging notable near-term headwinds from exchange enrollment declines, lower respiratory volumes, payer disputes and some market-specific Medicaid softness. Management beat expectations for the quarter, maintained financial discipline (deleveraging and share repurchases), and reaffirmed full-year guidance while signaling they will monitor exchange effectuation and regulatory developments. Overall, positive operational momentum and financial strength outweighed the headwinds described.View all THC earnings summariesTHC Stock 12 Month Forecast
Average Price Target
$255.40
▲(29.88% Upside)
Technical Analysis
Ownership Overview
0.96% Insiders
29.27% Mutual Funds
2.19% Other Institutional Investors
42.52% Public Companies and
Individual Investors