Tenet Healthcare Corp [THC] stock prices are down -0.97% to $133.14 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The THC shares have gain 8.07% over the last week, with a monthly amount glided 2.04%, and 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 March 26, 2025, when Morgan Stanley initiated its Overweight rating and assigned the stock a price target of $165. Previously, TD Cowen started tracking the stock with Buy rating on February 26, 2025, and set its price target to $175. Goldman downgraded its rating to a Neutral and decreased its price target to $140 on December 16, 2024. Wells Fargo downgraded its rating to a Equal Weight and reduced its price target to $150 on November 25, 2024. Raymond James downgraded its rating to Outperform for this stock on November 22, 2024, but kept the price target unchanged to $195. In a note dated October 11, 2024, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $200 on this stock.
The stock price of Tenet Healthcare Corp [THC] has been fluctuating between $90.03 and $171.20 over the past year. 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 $133.14 at the most recent close of the market. An investor can expect a potential return of 25.94% based on the average THC price forecast.
Analyzing the THC fundamentals
The Tenet Healthcare Corp [NYSE:THC] reported sales of 20.66B for trailing twelve months, representing a drop of -5.71%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.16.
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 131.08 points at the first support level, and at 129.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 135.50, and for the 2nd resistance point, it is at 137.87.
Ratios To Look Out For
It’s worth pointing out that Tenet Healthcare Corp [NYSE:THC]’s Current Ratio is 1.78. In addition, the Quick Ratio stands at 1.70 and the Cash Ratio stands at 0.7. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 3.04 and price to earnings (TTM) ratio is 4.13.
Transactions by insiders
Recent insider trading involved KERREY J ROBERT, Director, that happened on Mar 11 ’25 when 9525.0 shares were sold. Director, KERREY J ROBERT completed a deal on Mar 11 ’25 to buy 9525.0 shares. Meanwhile, Director HANEY CECIL D sold 2500.0 shares on Mar 04 ’25.