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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$146.60 - $247.21
Previous CloseN/A
Volume281.04K
Average Volume (3M)1.28M
Market Cap
$15.82B
Enterprise Value$25.62B
Total Cash (Recent Filing)$2.97B
Total Debt (Recent Filing)$13.21B
Price to Earnings (P/E)9.9
Beta0.97
Next Earnings
Jul 24, 2026EPS Estimate
4.26Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)19.39
Shares Outstanding86,137,000
10 Day Avg. Volume994,638
30 Day Avg. Volume1,284,097
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 Cap1.62
Enterprise Value/Revenue1.19
Enterprise Value/Gross Profit2.79
Enterprise Value/Ebitda5.25
Forecast
1Y Price Target
$241.29Price Target Upside22.70% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)17.94
Revenue Forecast (FY)$21.97B
Bulls Say, Bears Say
Bulls Say
Strong Cash Generation & LiquidityConsistent, high free cash flow and large cash balances materially increase Tenet’s financial flexibility for 2–6+ months. Durable cash generation supports ongoing M&A, share repurchases, and debt paydowns, reducing refinancing risk and enabling capital allocation without relying on markets.
Ambulatory (USPI) Growth & M&AActive ASC acquisitions and de novo center openings expand higher‑margin ambulatory footprint, diversifying revenue away from inpatient sensitivity. A focused USPI M&A program is a structural growth lever that should sustain margin mix improvement and recurring cash flow over the medium term.
Deleveraging Trend & Capital DisciplineA material decline in reported leverage and stated leverage ~2.24x EBITDA indicate improved capital structure and greater headroom. Sustained deleveraging strengthens resilience to revenue shocks, lowers interest burden, and supports strategic investments and shareholder returns over the coming quarters.
Bears Say
Exchange Enrollment & Payor Mix PressurePersistent declines in exchange enrollment reduce commercial reimbursement exposure and revenue per admission. A prolonged shift in payor mix toward lower‑paid government coverage or uninsured patients can structurally compress margins and weight on revenue growth for multiple quarters.
Elevated Payer Disputes And DenialsHigher-than-normal disputes increase revenue uncertainty and receivables timing, raising working capital needs and collection costs. Over months this can degrade cash conversion, add administrative expense, and create volatility in reported revenues from quarter to quarter.
Unusual Step-Change In Reported DebtAn abrupt reported debt reduction complicates interpretation of true leverage and recurring financial risk. If the change reflects accounting or one-off items, leverage may be understated; this ambiguity increases forecasting risk and sensitivity to operating downturns over the medium term.
THC FAQ
What was Tenet Healthcare Corp.’s price range in the past 12 months?
Tenet Healthcare Corp. lowest stock price was $146.60 and its highest was $247.21 in the past 12 months.
What is Tenet Healthcare Corp.’s market cap?
Tenet Healthcare Corp.’s market cap is $15.82B.
When is Tenet Healthcare Corp.’s upcoming earnings report date?
Tenet Healthcare Corp.’s upcoming earnings report date is Jul 24, 2026 which is in 8 days.
How were Tenet Healthcare Corp.’s earnings last quarter?
Tenet Healthcare Corp. 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 Corp. overvalued?
According to Wall Street analysts Tenet Healthcare Corp.’s price is currently Undervalued.
Does Tenet Healthcare Corp. pay dividends?
Tenet Healthcare Corp. does not currently pay dividends.
What is Tenet Healthcare Corp.’s EPS estimate?
Tenet Healthcare Corp.’s EPS estimate is 4.26.
How many shares outstanding does Tenet Healthcare Corp. have?
Tenet Healthcare Corp. has 86,137,000 shares outstanding.
What happened to Tenet Healthcare Corp.’s price movement after its last earnings report?
Tenet Healthcare Corp. 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 Corp.?
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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10
Analyst Consensus
Strong Buy
Average Price Target:
$241.29 (22.70% Upside)
$241.29 (22.70% Upside)
Blogger Sentiment
Bullish
THC Sentiment 70%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 207.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 1.0%
Last 30 Days ▼ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
3.34%
12-Months-Change
Fundamentals
Return on Equity
40.55%
Trailing 12-Months
Asset Growth
6.72%
Trailing 12-Months
Company Description
Tenet Healthcare Corp.
Tenet Healthcare Corporation operates as a broad-ranging provider of health solutions. The company organizes its operations across three main divisions: Hospital Operations and Other, Ambulatory Care, and Conifer. Within its network of acute care facilities, Tenet delivers a full spectrum of essential services. These include core hospital functions such as operating and recovery suites, radiology and respiratory therapy, clinical laboratories, and on-site pharmacies. The organization also provides high-acuity patient care through intensive, critical, and coronary care units. Specialized medical services cover areas like cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics, alongside various outpatient treatments, including physical therapy. Advanced surgical capabilities feature cardiothoracic, complex spinal, and neurosurgery, as well as neonatal intensive care. Tenet extends its offerings to ultra-specialized quaternary care, exemplified by heart and kidney transplant programs, and sophisticated procedures such as limb-salvaging vascular interventions, acute Level 1 trauma care, intravascular stroke treatment, minimally invasive cardiac valve replacements, advanced imaging, and telemedicine access. Beyond its hospital network, Tenet manages numerous other clinical sites. These encompass outpatient surgical centers, immediate care facilities, diagnostic imaging centers, dedicated surgical hospitals, off-campus emergency departments, and micro-hospitals. Through its Conifer segment, the company furnishes critical healthcare business process solutions. These administrative services, offered to hospitals, health systems, physician practices, employers, and other clients, include financial administration for patient accounts (revenue cycle management), support for patient communications and engagement, and outcome-focused care strategies. As of February 9, 2022, Tenet's operational footprint included 60 hospitals and roughly 550 additional medical facilities. This count of additional sites comprises surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and various other clinical locations. Tenet Healthcare Corporation was established in 1975 and maintains its principal office in Dallas, Texas.
THC Stock 12 Month Forecast
Average Price Target
$241.29
▲(22.70% Upside)
Technical Analysis
Ownership Overview
0.97% Insiders
29.53% Mutual Funds
0.54% Other Institutional Investors
43.41% Public Companies and Individual Investors








