Tenet Healthcare Corporation which can be found using ticker (THC) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between 105 and 83 calculating the average target price we see $93.82. Given that the stocks previous close was at $69.78 this indicates there is a potential upside of 34.5%. It’s also worth noting that there is a 50 day moving average of $75.57 and the 200 day MA is $64.80. The company has a market capitalization of 7.11B. The current share price for the company is: 70.02 USD
The potential market cap would be $9,558,776,951 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 15.49, revenue per share of 193.13 and a 6.6% return on assets.
Tenet Healthcare Corporation is a diversified healthcare services company. Through its subsidiaries, partnerships and joint ventures, including USPI Holding Company, Inc. (USPI), it operates approximately 61 acute care and specialty hospitals, as well as over 575 other healthcare facilities, including surgical hospitals, ambulatory surgery centers (ASC), imaging centers, off-campus emergency departments (ED) and micro-hospitals. The Company operates through three segments: Hospital Operations, Ambulatory Care segment and Conifer. Its Hospital Operations segment includes its acute care and specialty hospitals, imaging centers, ancillary outpatient facilities, micro hospitals and physician practices. Its Ambulatory Care segment consists of USPI’s ASCs and surgical hospitals. Its Conifer segment provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers and other clients through its Conifer Holdings, Inc. subsidiary.
