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Tenet Healthcare (THC)
NYSE:THC
THC Stock Chart & Stats
$200.35
$1.59(1.23%)
At close: 4:00 PM EST
$200.35
$1.59(1.23%)
Day’s Range― - ―
52-Week Range$109.82 - $247.21
Previous CloseN/A
Volume281.04K
Average Volume (3M)1.15M
Market Cap
$17.42B
Enterprise Value$27.90B
Total Cash (Recent Filing)$2.88B
Total Debt (Recent Filing)$13.17B
Price to Earnings (P/E)12.8
Beta1.11
Next Earnings
May 05, 2026EPS Estimate
4.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.70
Shares Outstanding86,963,000
10 Day Avg. Volume1,176,384
30 Day Avg. Volume1,153,039
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)4.28
Price to Sales (P/S)0.85
P/FCF Ratio7.13
Enterprise Value/Market Cap1.60
Enterprise Value/Revenue1.31
Enterprise Value/Gross Profit2.34
Enterprise Value/Ebitda6.24
Forecast
1Y Price Target
$263.23Price Target Upside31.39% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
EPS Forecast (FY)16.99
Revenue Forecast (FY)$22.02B
Bulls Say, Bears Say
Bulls Say
Deleveraging And Margin ImprovementMeaningful deleveraging and sustained margin expansion have strengthened the balance sheet and increased flexibility for capital allocation, which could support a valuation rerating.
Share Repurchases And Capital ReturnsAnalyst highlights proceeds from the Conifer transaction and substantial repurchase capacity enable aggressive share buybacks that support per‑share earnings and shareholder returns.
Shift To Ambulatory And Outpatient MixStrategic shift toward ambulatory surgery centers and higher‑acuity outpatient procedures is expected to drive faster revenue growth and stronger free cash flow generation.
Bears Say
Conifer Transaction Earnings ImpactConifer transaction is expected to create a notable headwind to future reported earnings as a substantial portion of related revenues will be removed from ongoing results.
Expiration Of Insurance Subsidies And Payer Mix PressureExpiration 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 Softness And Cash Flow GuidanceWeakness in hospital volumes alongside adjusted free cash flow guidance below analyst expectations signals weaker near‑term cash generation and potential pressure on operational performance.
Tenet Healthcare News
THC FAQ
What was Tenet Healthcare’s price range in the past 12 months?
Tenet Healthcare lowest stock price was $109.82 and its highest was $247.21 in the past 12 months.
What is Tenet Healthcare’s market cap?
Tenet Healthcare’s market cap is $17.42B.
When is Tenet Healthcare’s upcoming earnings report date?
Tenet Healthcare’s upcoming earnings report date is May 05, 2026 which is in 43 days.
How were Tenet Healthcare’s earnings last quarter?
Tenet Healthcare released its earnings results on Feb 11, 2026. The company reported $4.7 earnings per share for the quarter, beating the consensus estimate of $4.065 by $0.635.
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 4.16.
How many shares outstanding does Tenet Healthcare have?
Tenet Healthcare has 86,963,000 shares outstanding.
What happened to Tenet Healthcare’s price movement after its last earnings report?
Tenet Healthcare reported an EPS of $4.7 in its last earnings report, beating expectations of $4.065. Following the earnings report the stock price went up 17.255%.
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
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$263.23 (31.39% Upside)
$263.23 (31.39% Upside)
Blogger Sentiment
Bullish
THC Sentiment 100%
Sector Average ―
Sector Average ―
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
Very Positive
Last 7 Days ▲ 6.2%
Last 30 Days ▲ 7.1%
Last 30 Days ▲ 7.1%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.58%
12-Months-Change
Fundamentals
Return on Equity
34.82%
Trailing 12-Months
Asset Growth
2.56%
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
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a strong operational and financial performance in 2025 — double-digit EBITDA growth, margin expansion, robust USPI and hospital segment results, substantial free cash flow, and active balance sheet management including buybacks and a value-creating Conifer transaction. Offsetting these positives are meaningful near-term headwinds and uncertainty from the expiration of enhanced exchange premium tax credits (management estimates a ~$250 million EBITDA hit and assumes ~20% enrollment reduction), normalization of prior-year supplemental payments, and modest hospital admission volume growth guidance for 2026. Management provided a constructive 2026 outlook that, after normalizing items and excluding the exchange headwind, implies ~10% EBITDA growth at the midpoint, but acknowledged material uncertainty that widens the guidance range.View all THC earnings summariesTHC Stock 12 Month Forecast
Average Price Target
$263.23
▲(31.39% Upside)
Technical Analysis
Ownership Overview
0.97% Insiders
29.88% Mutual Funds
14.86% Other Institutional Investors
29.23% Public Companies and Individual Investors