THC

What the Smart Investors Know About Tenet Healthcare

Mid-cap Health Care company Tenet Healthcare has logged a 10.0% change today on a trading volume of 3,107,675. The average volume for the stock is 1,480,778.

Tenet Healthcare Corporation operates as a diversified healthcare services company. Based in Dallas, United States the company has 75,776 full time employees and a market cap of $6,492,727,296.

Over the last 52 weeks, THC stock has risen 42.0%, which amounts to a 27.0% difference compared to the S&P 500. The stock's 52 week high is $85.4 whereas its 52 week low is $42.76 per share. Based on Tenet Healthcare's average net margin growth of 11.3% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2023 19,894,000 1,131,000 6 20.0
2022 19,174,000 1,001,000 5 -37.5
2021 19,485,000 1,477,000 8 100.0
2020 17,640,000 768,000 4 100.0
2019 18,479,000 386,000 2 -33.33
2018 18,313,000 459,000 3
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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