On Tuesday, Tenet Healthcare Corp (NYSE: THC) opened lower -10.70% from the last session, before settling in for the closing price of $174.65. Price fluctuations for THC have ranged from $109.82 to $179.91 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Company’s average yearly earnings per share was noted 16.55% at the time writing. With a float of $91.75 million, this company’s outstanding shares have now reached $92.89 million.
Considering the fact that the conglomerate employs 98000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 47.32%, operating margin of 17.17%, and the pretax margin is 14.27%.
Tenet Healthcare Corp (THC) Insider Activity
A key investor’s attitude towards the stock of the Medical Care Facilities industry is another important factor to consider. The insider ownership of Tenet Healthcare Corp is 1.22%, while institutional ownership is 96.68%. The most recent insider transaction that took place on Jun 05 ’25, was worth 144,762. In this transaction Director of this company sold 836 shares at a rate of $173.16, taking the stock ownership to the 11,292 shares. Before that another transaction happened on Jun 05 ’25, when Company’s EVP, Chief Information Officer sold 7,738 for $173.00, making the entire transaction worth $1,338,674. This insider now owns 20,110 shares in total.
Tenet Healthcare Corp (THC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 16.55% per share during the next fiscal year.
Tenet Healthcare Corp (NYSE: THC) Trading Performance Indicators
Check out the current performance indicators for Tenet Healthcare Corp (THC). In the past quarter, the stock posted a quick ratio of 1.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.70. Likewise, its price to free cash flow for the trailing twelve months is 9.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.62, a number that is poised to hit 2.83 in the next quarter and is forecasted to reach 14.61 in one year’s time.
Technical Analysis of Tenet Healthcare Corp (THC)
Compared to the last year’s volume of 1.59 million, its volume of 2.58 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 42.53%.
During the past 100 days, Tenet Healthcare Corp’s (THC) raw stochastic average was set at 61.18%, which indicates a significant increase from 5.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 6.30 in the past 14 days, which was higher than the 5.71 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $167.97, while its 200-day Moving Average is $145.90. Nevertheless, the first resistance level for the watch stands at $176.09 in the near term. At $196.21, the stock is likely to face the second major resistance level. The third major resistance level sits at $207.16. If the price goes on to break the first support level at $145.01, it is likely to go to the next support level at $134.06. Should the price break the second support level, the third support level stands at $113.94.
Tenet Healthcare Corp (NYSE: THC) Key Stats
There are currently 92,885K shares outstanding in the company with a market cap of 14.49 billion. Presently, the company’s annual sales total 20,665 M according to its annual income of 3,200 M. Last quarter, the company’s sales amounted to 5,223 M and its income totaled 406,000 K.
