Shares of Tenet Healthcare have moved 1.3% today, and are now trading at a price of $111.88. In contrast, the S&P 500 index saw a 1.0% change. Today's trading volume is 131,894 compared to the stock's average volume of 1,634,114.
Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. Based in Dallas, United States the company has 74,480 full time employees and a market cap of $11,648,497,664.
The company is now trading -34.44% away from its average analyst target price of $170.65 per share. The 22 analysts following the stock have set target prices ranging from $134.0 to $217.0, and on average give Tenet Healthcare a rating of buy.
Over the last 52 weeks, THC stock has risen 12.8%, which amounts to a 11.1% difference compared to the S&P 500. The stock's 52 week high is $171.2 whereas its 52 week low is $92.01 per share. Based on Tenet Healthcare's average net margin growth of 64.3% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 20,665,000 | 4,064,000 | 20 | 233.33 |
| 2023 | 20,548,000 | 1,311,000 | 6 | 20.0 |
| 2022 | 19,174,000 | 1,001,000 | 5 | -37.5 |
| 2021 | 19,485,000 | 1,476,000 | 8 | 100.0 |
| 2020 | 17,640,000 | 768,000 | 4 | 300.0 |
| 2019 | 18,479,000 | 171,000 | 1 |
