Tenet Healthcare Corp (NYSE: THC) on Friday, soared 3.13% from the previous trading day, before settling in for the closing price of $148.38. Within the past 52 weeks, THC’s price has moved between $109.82 and $185.25.
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The company achieved an average annual earnings per share of 27.47%. 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 47.81%, operating margin of 17.91%, and the pretax margin is 14.42%.
Tenet Healthcare Corp (THC) Breakdown of a Key Holders of the stock
Observing investor behavior towards Medical Care Facilities industry stocks is more important than anything else. The insider ownership of Tenet Healthcare Corp is 1.22%, while institutional ownership is 96.55%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.47% per share during the next fiscal year.
Tenet Healthcare Corp (NYSE: THC) Trading Performance Indicators
Tenet Healthcare Corp (THC) is currently performing well based on its current performance indicators. A quick ratio of 1.63 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 9.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 15.62, a number that is poised to hit 3.21 in the next quarter and is forecasted to reach 15.68 in one year’s time.
Technical Analysis of Tenet Healthcare Corp (THC)
Compared to the last year’s volume of 1.61 million, its volume of 3.23 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 10.73%.
During the past 100 days, Tenet Healthcare Corp’s (THC) raw stochastic average was set at 57.27%, which indicates a significant increase from 16.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 6.79 in the past 14 days, which was higher than the 5.70 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $167.94, while its 200-day Moving Average is $145.82. Nevertheless, the first resistance level for the watch stands at $155.24 in the near term. At $157.47, the stock is likely to face the second major resistance level. The third major resistance level sits at $161.79. If the price goes on to break the first support level at $148.70, it is likely to go to the next support level at $144.38. Now, if the price goes above the second support level, the third support stands at $142.15.
Tenet Healthcare Corp (NYSE: THC) Key Stats
Market capitalization of the company is 14.21 billion based on 92,885K outstanding shares. Right now, sales total 20,665 M and income totals 3,200 M. The company made 5,223 M in profit during its latest quarter, and 406,000 K in sales during its previous quarter.
