Tenet Healthcare Corp [THC] stock is trading at $138.35, up 11.65%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The THC shares have gain 20.64% over the last week, with a monthly amount glided 3.91%, 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 April 15, 2025, when Robert W. Baird downgraded its rating to a Neutral but kept the price target unchanged to $137 for it. Previously, Morgan Stanley started tracking the stock with Overweight rating on March 26, 2025, and set its price target to $165. On February 26, 2025, TD Cowen initiated with a Buy rating and assigned a price target of $175 on the stock. Goldman downgraded its rating to a Neutral and reduced its price target to $140 on December 16, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on November 25, 2024, and downed its price target to $150. In a note dated November 22, 2024, Raymond James downgraded an Outperform rating on this stock but restated the target price of $195.
Tenet Healthcare Corp [THC] stock has fluctuated between $96.14 and $171.20 over the past year. Currently, Wall Street analysts expect the stock to reach $163.33 within the next 12 months. Tenet Healthcare Corp [NYSE: THC] shares were valued at $138.35 at the most recent close of the market. An investor can expect a potential return of 18.06% based on the average THC price forecast.
Analyzing the THC fundamentals
Tenet Healthcare Corp [NYSE:THC] reported sales of 20.66B for the trailing twelve months, which represents a drop of -5.71%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.43 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 0.02.
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 130.00 points at the first support level, and at 121.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 143.44, and for the 2nd resistance point, it is at 148.54.
Ratios To Look Out For
For context, Tenet Healthcare Corp’s Current Ratio is 1.78. Further, the Quick Ratio stands at 1.70, while the Cash Ratio is 0.67. Considering the valuation of this stock, the price to sales ratio is 0.63, the price to book ratio is 3.15 and price to earnings (TTM) ratio is 4.29.
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.