THC:NYE-Tenet Healthcare Corporation (USD)

COMMON STOCK | Medical Care Facilities |

Last Closing

USD 161.07

Change

+4.11 (+2.62)%

Market Cap

USD 15.77B

Volume

1.37M

Analyst Target

USD 30.18
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and/or coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; tertiary care services, such as cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, surgical robotic, and telemedicine access services. In addition, it offers a range of procedures and services, such as orthopedics, total joint replacement, and spinal and other musculoskeletal procedures; gastroenterology; pain management; otolaryngology; ophthalmology; and urology. It operates hospitals, ambulatory surgery centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-18 )

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ETFs Containing THC

FCUS Pinnacle Focused Opportun.. 4.39 % 0.00 %

+0.16 (+-0.61%)

USD 0.03B
PTH Invesco DWA Healthcare Mo.. 4.33 % 0.60 %

+0.25 (+-0.61%)

USD 0.15B
HDGE:CA Accelerate Absolute Retur.. 3.62 % 0.00 %

N/A

CAD 0.03B
HLTH:AU VanEck Global Healthcare .. 3.25 % 0.00 %

-0.10 (-0.61%)

USD 0.06B
DVLU First Trust Dorsey Wright.. 3.13 % 0.60 %

-0.01 (-0.61%)

USD 0.03B
RJMG First Trust Exchange-Trad.. 2.87 % 0.00 %

-0.01 (-0.61%)

USD 6.56M
FHH-F:CA First Trust AlphaDEX U.S... 2.54 % 0.00 %

N/A

CAD 0.01B
FXH First Trust Health Care A.. 2.47 % 0.63 %

-0.02 (-0.61%)

USD 1.29B
NFRA:LSE Rize Global Sustainable I.. 2.41 % 0.00 %

-0.03 (-0.61%)

USD 0.11B
FHH:CA First Trust AlphaDEX US H.. 2.39 % 0.77 %

N/A

CAD 0.01B
XMMO Invesco S&P MidCap Moment.. 2.19 % 0.39 %

-0.35 (-0.61%)

USD 2.35B
EHLS Even Herd Long Short ETF 1.66 % 0.00 %

+0.06 (+-0.61%)

N/A
AFMC First Trust Active Factor.. 1.28 % 0.00 %

+0.10 (+-0.61%)

USD 0.01B
IJJ iShares S&P Mid-Cap 400 V.. 1.18 % 0.25 %

+0.09 (+-0.61%)

USD 7.61B
ENG:PA BNP Paribas EASY ECPI Glo.. 1.12 % 0.00 %

-0.35 (-0.61%)

USD 0.20B
XU61:F BNP Paribas Easy SICAV - .. 1.12 % 0.00 %

-0.18 (-0.61%)

USD 0.24B
XU61:XETRA BNP Paribas EASY ECPI Glo.. 1.12 % 0.00 %

-0.49 (-0.61%)

USD 0.27B
ENGUS:PA BNP Paribas Easy ECPI Glo.. 1.12 % 0.00 %

-0.03 (-0.61%)

N/A
NHYB:CA NBI High Yield Bond ETF 1.05 % 0.00 %

+0.02 (+-0.61%)

CAD 1.07B
MIDE DBX ETF Trust - Xtrackers.. 0.81 % 0.00 %

+0.03 (+-0.61%)

USD 6.08M
JMEE JPMorgan Market Expansion.. 0.71 % 0.00 %

+0.10 (+-0.61%)

USD 1.29B
JNKS:LSE SSgA SPDR ETFs Europe I p.. 0.66 % 0.00 %

-0.06 (-0.61%)

USD 0.17B
QVMM Invesco Exchange-Traded F.. 0.62 % 0.00 %

+0.03 (+-0.61%)

USD 0.30B
SJNK:LSE SSgA SPDR ETFs Europe I p.. 0.58 % 0.00 %

-0.02 (-0.61%)

N/A
VBR Vanguard Small-Cap Value .. 0.48 % 0.07 %

+0.19 (+-0.61%)

USD 29.87B
SCHA Schwab U.S. Small-Cap ETF 0.42 % 0.05 %

+0.02 (+-0.61%)

USD 17.65B
BBMC JPMorgan BetaBuilders U.S.. 0.42 % 0.00 %

+0.11 (+-0.61%)

USD 1.78B
BFOR Barron's 400 ETF 0.39 % 0.65 %

+0.08 (+-0.61%)

USD 0.14B
IUSN:XETRA iShares MSCI World Small .. 0.20 % 0.00 %

-0.05 (-0.61%)

USD 3.82B
BSJN 0.00 % 0.42 %

N/A

N/A
HYG iShares iBoxx $ High Yiel.. 0.00 % 0.49 %

+0.07 (+-0.61%)

N/A
HYND 0.00 % 0.48 %

N/A

N/A
IVOV Vanguard S&P Mid-Cap 400 .. 0.00 % 0.20 %

+0.18 (+-0.61%)

USD 0.88B
JKL 0.00 % 0.30 %

N/A

N/A
MDYV SPDR® S&P 400 Mid Cap Va.. 0.00 % 0.15 %

+0.08 (+-0.61%)

N/A
SHYL Xtrackers Short Duration .. 0.00 % 0.20 %

+0.02 (+-0.61%)

USD 0.10B
HYDW Xtrackers Low Beta High Y.. 0.00 % 0.25 %

-0.02 (-0.61%)

USD 0.22B
HYUP Xtrackers High Beta High .. 0.00 % 0.35 %

+0.03 (+-0.61%)

USD 0.01B
BSJQ Invesco BulletShares 2026.. 0.00 % 0.42 %

N/A

USD 0.64B
XMHQ Invesco S&P MidCap Qualit.. 0.00 % 0.25 %

+0.11 (+-0.61%)

USD 5.30B
SHYG iShares 0-5 Year High Yie.. 0.00 % 0.30 %

+0.03 (+-0.61%)

USD 6.19B
SJB ProShares Short High Yiel.. 0.00 % 0.95 %

N/A

USD 0.10B
UMDD ProShares UltraPro MidCap.. 0.00 % 0.95 %

+0.01 (+-0.61%)

USD 0.03B
XHS SPDR® S&P Health Care Se.. 0.00 % 0.35 %

+0.43 (+-0.61%)

USD 0.08B
HYLB Xtrackers USD High Yield .. 0.00 % 0.20 %

+0.03 (+-0.61%)

USD 3.52B
HYLV 0.00 % 0.40 %

N/A

N/A
BSJR Invesco BulletShares 2027.. 0.00 % 0.00 %

+0.03 (+-0.61%)

USD 0.29B

Market Performance

  Market Performance vs. Industry/Classification (Medical Care Facilities) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 113.14% 95% A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 113.14% 95% A 99% N/A
Trailing 12 Months  
Capital Gain 131.46% 95% A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 131.46% 95% A 99% N/A
Trailing 5 Years  
Capital Gain 535.89% 100% F 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 535.89% 100% F 98% N/A
Average Annual (5 Year Horizon)  
Capital Gain 58.91% 95% A 96% N/A
Dividend Return 58.91% 95% A 95% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 82.19% 23% F 9% A-
Risk Adjusted Return 71.68% 95% A 86% B+
Market Capitalization 15.77B 95% A 89% A-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector