At the time of writing, Tenet Healthcare Corp [THC] stock is trading at $126.42, up 0.21%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The THC shares have gain 3.06% over the last week, with a monthly amount drifted -10.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tenet Healthcare Corp [NYSE: THC] stock has seen the most recent analyst activity on February 26, 2025, when TD Cowen initiated its Buy rating and assigned the stock a price target of $175. On December 16, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $140 on the stock. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $150 on November 25, 2024. Raymond James downgraded its rating to a Outperform but $195 remained the price target by the analyst firm on November 22, 2024. KeyBanc Capital Markets started tracking with a Overweight rating for this stock on October 11, 2024, and assigned it a price target of $200. In a note dated May 30, 2024, Robert W. Baird initiated an Outperform rating and provided a target price of $153 on this stock.
For the past year, the stock price of Tenet Healthcare Corp fluctuated between $90.03 and $171.20. Currently, Wall Street analysts expect the stock to reach $167.67 within the next 12 months. Tenet Healthcare Corp [NYSE: THC] shares were valued at $126.42 at the most recent close of the market. An investor can expect a potential return of 32.63% based on the average THC price forecast.
Analyzing the THC fundamentals
According to Tenet Healthcare Corp [NYSE:THC], the company’s sales were 20.66B for trailing twelve months, which represents an -5.71% plunge. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.86 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 124.41 points at the first support level, and at 122.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 127.87, and for the 2nd resistance point, it is at 129.33.
Ratios To Look Out For
It is important to note that Tenet Healthcare Corp [NYSE:THC] has a current ratio of 1.78. Also, the Quick Ratio is 1.70, while the Cash Ratio stands at 0.7. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 2.88 and price to earnings (TTM) ratio is 3.92.
Transactions by insiders
Recent insider trading involved KERREY J ROBERT, Director, that happened on Mar 11 ’25 when 9525.0 shares were purchased. Director, HANEY CECIL D completed a deal on Mar 04 ’25 to sell 2500.0 shares. Meanwhile, Director HANEY CECIL D bought 2500.0 shares on Mar 04 ’25.
