THC:NYE-Tenet Healthcare Corporation (USD)

COMMON STOCK | Medical Care Facilities |

Last Closing

USD 156.57

Change

-0.17 (-0.11)%

Market Cap

USD 15.50B

Volume

1.19M

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: 2024-10-04 )

Largest Industry Peers for Medical Care Facilities

Symbol Name Price(Change) Market Cap
HCA HCA Holdings Inc

+1.61 (+0.41%)

USD 104.23B
UHS Universal Health Services Inc

+0.51 (+0.24%)

USD 14.94B
DVA DaVita HealthCare Partners Inc

+1.62 (+1.02%)

USD 13.68B
EHC Encompass Health Corp

-0.23 (-0.24%)

USD 9.66B
CHE Chemed Corp

-3.72 (-0.64%)

USD 8.78B
CON Concentra Group Holdings Paren..

-0.11 (-0.52%)

USD 2.93B
ARDT Ardent Health Partners, Inc.

+0.23 (+1.30%)

USD 2.59B
NHC National HealthCare Corporatio..

+1.38 (+1.13%)

USD 1.90B
AMN AMN Healthcare Services Inc

-0.08 (-0.21%)

USD 1.46B
BKD Brookdale Senior Living Inc

-0.11 (-1.74%)

USD 1.31B

ETFs Containing THC

PTH Invesco DWA Healthcare Mo.. 4.52 % 0.60 %

+0.37 (+-0.55%)

USD 0.15B
FCUS Pinnacle Focused Opportun.. 4.39 % 0.00 %

+0.41 (+-0.55%)

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

-0.02 (-0.55%)

USD 0.06B
DVLU First Trust Dorsey Wright.. 3.12 % 0.60 %

+0.50 (+-0.55%)

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

+0.30 (+-0.55%)

USD 6.56M
FXH First Trust Health Care A.. 2.53 % 0.63 %

+0.57 (+-0.55%)

USD 1.23B
CPAI Northern Lights Fund Trus.. 2.36 % 0.00 %

N/A

USD 0.02B
NFRA:LSE Rize Global Sustainable I.. 2.35 % 0.00 %

-0.03 (-0.55%)

USD 0.11B
XHS SPDR® S&P Health Care Se.. 2.08 % 0.35 %

+0.59 (+-0.55%)

USD 0.08B
EHLS Even Herd Long Short ETF 1.66 % 0.00 %

+0.12 (+-0.55%)

N/A
ENGUS:PA BNP Paribas Easy ECPI Glo.. 1.12 % 0.00 %

-0.09 (-0.55%)

N/A
IJJ iShares S&P Mid-Cap 400 V.. 1.11 % 0.25 %

+1.23 (+-0.55%)

USD 7.68B
NHYB:CA NBI High Yield Bond ETF 1.05 % 0.00 %

N/A

CAD 1.07B
JMEE JPMorgan Market Expansion.. 0.74 % 0.00 %

+0.65 (+-0.55%)

USD 1.39B
JNKS:LSE SSgA SPDR ETFs Europe I p.. 0.66 % 0.00 %

-0.03 (-0.55%)

USD 0.17B
SJNK:LSE SSgA SPDR ETFs Europe I p.. 0.58 % 0.00 %

-0.08 (-0.55%)

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

+2.18 (+-0.55%)

USD 30.40B
VISM:AU Vanguard MSCI Internation.. 0.20 % 0.00 %

N/A

USD 0.29B
WOSC:SW SPDR® MSCI World Small C.. 0.18 % 0.00 %

+1.11 (+-0.55%)

USD 0.93B
BSJN 0.00 % 0.42 %

N/A

N/A
FHH:CA First Trust AlphaDEX US H.. 0.00 % 0.77 %

N/A

CAD 0.01B
HYG iShares iBoxx $ High Yiel.. 0.00 % 0.49 %

-0.09 (-0.55%)

N/A
HYND 0.00 % 0.48 %

N/A

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

+0.91 (+-0.55%)

USD 0.93B
JKL iShares Morningstar Small.. 0.00 % 0.30 %

N/A

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

+0.85 (+-0.55%)

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

-0.02 (-0.55%)

USD 0.11B
HYDW Xtrackers Low Beta High Y.. 0.00 % 0.25 %

-0.18 (-0.55%)

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

-0.02 (-0.55%)

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

-0.02 (-0.55%)

USD 0.69B
FSMD Fidelity Small-Mid Factor 0.00 % 0.00 %

+0.44 (+-0.55%)

USD 0.49B
HDGE:CA Accelerate Absolute Retur.. 0.00 % 0.00 %

N/A

CAD 0.04B
XMHQ Invesco S&P MidCap Qualit.. 0.00 % 0.25 %

+0.81 (+-0.55%)

USD 5.69B
XMMO Invesco S&P MidCap Moment.. 0.00 % 0.39 %

+1.38 (+-0.55%)

USD 2.45B
SCHA Schwab U.S. Small-Cap ETF 0.00 % 0.05 %

+0.66 (+-0.55%)

USD 17.80B
SHYG iShares 0-5 Year High Yie.. 0.00 % 0.30 %

-0.01 (-0.55%)

USD 6.23B
SJB ProShares Short High Yiel.. 0.00 % 0.95 %

+0.02 (+-0.55%)

USD 0.09B
HYLB Xtrackers USD High Yield .. 0.00 % 0.20 %

-0.05 (-0.55%)

USD 3.52B
HYLV 0.00 % 0.40 %

N/A

N/A
ENG:PA BNP Paribas EASY ECPI Glo.. 0.00 % 0.00 %

+0.15 (+-0.55%)

USD 0.22B
XU61:F BNP Paribas Easy SICAV - .. 0.00 % 0.00 %

N/A

USD 0.24B
ZPRS:F SSgA SPDR ETFs Europe II .. 0.00 % 0.00 %

+1.50 (+-0.55%)

USD 0.83B
IUSN:XETRA iShares MSCI World Small .. 0.00 % 0.00 %

+0.08 (+-0.55%)

USD 3.82B
XU61:XETRA BNP Paribas EASY ECPI Glo.. 0.00 % 0.00 %

+0.09 (+-0.55%)

USD 0.27B
ZPRS:XETRA SPDR MSCI World Small Cap.. 0.00 % 0.00 %

+0.99 (+-0.55%)

USD 0.83B
AFMC First Trust Active Factor.. 0.00 % 0.00 %

+0.31 (+-0.55%)

USD 0.01B
BBMC JPMorgan BetaBuilders U.S.. 0.00 % 0.00 %

+1.08 (+-0.55%)

USD 1.82B
BSJR Invesco BulletShares 2027.. 0.00 % 0.00 %

N/A

USD 0.30B
MIDE DBX ETF Trust - Xtrackers.. 0.00 % 0.00 %

+0.26 (+-0.55%)

USD 6.10M
FHH-F:CA First Trust AlphaDEX U.S... 0.00 % 0.00 %

N/A

CAD 0.01B
QVMM Invesco Exchange-Traded F.. 0.00 % 0.00 %

+0.27 (+-0.55%)

USD 0.32B

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 107.19% 96% N/A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 107.19% 96% N/A 99% N/A
Trailing 12 Months  
Capital Gain 153.92% 96% N/A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 153.92% 96% N/A 99% N/A
Trailing 5 Years  
Capital Gain 630.95% 100% F 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 630.95% 100% F 99% N/A
Average Annual (5 Year Horizon)  
Capital Gain 60.08% N/A N/A 96% N/A
Dividend Return 60.08% N/A N/A 95% A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 82.41% N/A N/A 10% F
Risk Adjusted Return 72.91% N/A N/A 85% B
Market Capitalization 15.50B 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 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.

Low Revenue Growth

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