Consider This Before Taking a Position in Tenet Healthcare (THC)

By Blake Campbell • Wednesday, November 22 12:55 • Permanent Link

Shares of Medical Care Facility company Tenet Healthcare jumped 2.7% today. With many investors piling into THC without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

Tenet Healthcare has moved 51.0% over the last year, and the S&P 500 logged a change of 14.0%
Its trailing earnings per share (EPS) is $4.38
Tenet Healthcare has a trailing 12 month Price to Earnings (P/E) ratio of 15.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $5.81 and its forward P/E ratio is 11.7
The company has a Price to Book (P/B) ratio of 4.72 in contrast to the S&P 500's average ratio of 2.95
Tenet Healthcare is part of the Health Care sector, which has an average P/E ratio of 24.45 and an average P/B of 4.16
THC has reported YOY quarterly earnings growth of -18.8% and gross profit margins of 0.4%
The company has a free cash flow of $900.12 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates through three segments: Hospital Operations, Ambulatory Care, and Conifer. 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; 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, and telemedicine access services. In addition, it operates ambulatory surgery centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals. Further, the company offers end-to-end and focused-point business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. Tenet Healthcare Corporation was founded in 1967 and is headquartered in Dallas, Texas.

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