Tenet Healthcare Corporation with ticker code (THC) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $165.00 and $85.00 suggesting an average Analsyt target price of $129.94. Given that the stocks previous close was at $132.97 this is indicating there is a potential downside of -2.3%. The day 50 moving average is $106.16 while the 200 day moving average is $81.06. The total market capitalization for the company now stands at 12.50B. The stock price is currently at: $127.93 USD
The potential market cap would be $12,211,824,844 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.96, revenue per share of $206.93 and a 6.61% return on assets.
Tenet Healthcare Corporation is a diversified healthcare services company. Through its subsidiaries, partnerships and joint ventures, including USPI Holding Company, Inc. (USPI), it operates approximately 61 acute care and specialty hospitals, as well as over 575 other healthcare facilities, including surgical hospitals, ambulatory surgery centers (ASC), imaging centers, off-campus emergency departments (ED) and micro-hospitals. The Company operates through three segments: Hospital Operations, Ambulatory Care segment and Conifer. Its Hospital Operations segment includes its acute care and specialty hospitals, imaging centers, ancillary outpatient facilities, micro hospitals and physician practices. Its Ambulatory Care segment consists of USPI’s ASCs and surgical hospitals. Its Conifer segment provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients through its Conifer Holdings, Inc. subsidiary.
