Shares of Health Care sector company Tenet Healthcare moved 0.7% today, and are now trading at a price of $82.21. The mid-cap stock's daily volume was 28,644 compared to its average volume of 1,425,022. The S&P 500 index returned a 1.0% performance.
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company is based in Dallas and has 75,776 full time employees. Its market capitalization is $8,380,076,032.
The only analyst following Tenet Healthcare has set a target price of $0.2 per share, which is 41005.0 away from its current price. This analyst rates the stock as buy.
Over the last year, THC's share price has increased by 4843.6%, which represents a difference of 3351.0% when compared to the S&P 500. The stock's 52 week high is $85.4 per share whereas its 52 week low is $36.69. Tenet Healthcare's average free cash flow over the last 4 years has been $1.17 Billion, but they have been decreasing at an average rate of -13.1%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 1,083,000 | -762,000 | 321,000 | -64.73 |
| 2021-12-31 | 1,568,000 | -658,000 | 910,000 | -68.26 |
| 2020-12-31 | 3,407,000 | -540,000 | 2,867,000 | 409.24 |
| 2019-12-31 | 1,233,000 | -670,000 | 563,000 | n/a |
