Tenet Healthcare Stock Today
| THC Stock | USD 142.68 0.70 0.49% |
Performance0 of 100
| Odds Of DistressLess than 1
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Tenet Healthcare is trading at 142.68 as of the 30th of November 2024, a 0.49% increase since the beginning of the trading day. The stock's open price was 141.98. Tenet Healthcare has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Tenet Healthcare's common stock.
Business Domain Health Care Equipment & Services | IPO Date 4th of January 1982 | Category Healthcare | Classification Health Care |
Tenet Healthcare Corporation operates as a diversified healthcare services company. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas. Tenet Healthcare operates under Medical Care Facilities classification in the United States and is traded on New York Stock Exchange. The company has 95.1 M outstanding shares of which 2.08 M shares are at this time shorted by investors with about 1.48 days to cover. More on Tenet Healthcare
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Tenet Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Saumya Sutaria | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Epsilon Healthcare Limited | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NYSE Composite, SP Midcap 400, Obamacare, Healthcare, Baby Boomer Prospects, Health Care, Health Care Providers & Services, Medical Care Facilities, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsTenet Healthcare can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tenet Healthcare's financial leverage. It provides some insight into what part of Tenet Healthcare's total assets is financed by creditors.
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Tenet Healthcare (THC) is traded on New York Stock Exchange in USA. It is located in 14201 Dallas Parkway, Dallas, TX, United States, 75254 and employs 78,810 people. Tenet Healthcare is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 13.57 B. Tenet Healthcare runs under Health Care Providers & Services sector within Health Care industry. The entity has 95.1 M outstanding shares of which 2.08 M shares are at this time shorted by investors with about 1.48 days to cover.
Tenet Healthcare has about 858 M in cash with 2.37 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.19.
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Ownership AllocationTenet Healthcare shows a total of 95.1 Million outstanding shares. The majority of Tenet Healthcare outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tenet Healthcare to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tenet Healthcare. Please pay attention to any change in the institutional holdings of Tenet Healthcare as this could imply that something significant has changed or is about to change at the company. Please note that on September 6, 2024, Representative John James of US Congress acquired under $15k worth of Tenet Healthcare's common stock.
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Tenet Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Citadel Advisors Llc | 2024-09-30 | 1.6 M | |
| Millennium Management Llc | 2024-06-30 | 1.6 M | |
| Nuveen Asset Management, Llc | 2024-06-30 | 1.4 M | |
| Arrowstreet Capital Limited Partnership | 2024-06-30 | 1.4 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.2 M | |
| Orbimed Advisors, Llc | 2024-06-30 | 1.2 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 917.8 K | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 714 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 710.6 K | |
| Vanguard Group Inc | 2024-09-30 | 10.1 M | |
| Blackrock Inc | 2024-06-30 | 9.9 M |
Tenet Healthcare Historical Income Statement
Tenet Stock Against Markets
Tenet Healthcare Corporate Directors
| Meghan FitzGerald | Independent Director | Profile | |
| Christopher Lynch | Independent Director | Profile | |
| Cecil Haney | Independent Director | Profile | |
| Nadja West | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.215 | Earnings Share 31.58 | Revenue Per Share 213.204 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0699 |
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.