Tenet Healthcare Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $70.62
- Today's High:
- $73.735
- Open Price:
- $73.15
- 52W Low:
- $36.69
- 52W High:
- $85.4
- Prev. Close:
- $73.39
- Volume:
- 1901365
Company Statistics
- Market Cap.:
- $7.45 billion
- Book Value:
- 13.23
- Revenue TTM:
- $20.11 billion
- Operating Margin TTM:
- 14.13%
- Gross Profit TTM:
- $7.26 billion
- Profit Margin:
- 2.48%
- Return on Assets TTM:
- 6.6%
- Return on Equity TTM:
- 24.82%
Company Profile
Tenet Healthcare Corporation had its IPO on 1982-01-04 under the ticker symbol THC.
The company operates in the Healthcare sector and Medical Care Facilities industry. Tenet Healthcare Corporation has a staff strength of 75,776 employees.
Stock update
Shares of Tenet Healthcare Corporation opened at $73.15 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $70.62 - $73.74, and closed at $70.66.
This is a -3.72% slip from the previous day's closing price.
A total volume of 1,901,365 shares were traded at the close of the day’s session.
In the last one week, shares of Tenet Healthcare Corporation have slipped by -10.22%.
Tenet Healthcare Corporation's Key Ratios
Tenet Healthcare Corporation has a market cap of $7.45 billion, indicating a price to book ratio of 4.0159 and a price to sales ratio of 0.2527.
In the last 12-months Tenet Healthcare Corporation’s revenue was $20.11 billion with a gross profit of $7.26 billion and an EBITDA of $3.69 billion. The EBITDA ratio measures Tenet Healthcare Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Tenet Healthcare Corporation’s operating margin was 14.13% while its return on assets stood at 6.6% with a return of equity of 24.82%.
In Q2, Tenet Healthcare Corporation’s quarterly earnings growth was a positive 227.2% while revenue growth was a positive 9.6%.
Tenet Healthcare Corporation’s PE and PEG Ratio
- Forward PE
- 7.728
- Trailing PE
- 15.5817
- PEG
- 3.3898
Its diluted EPS in the last 12-months stands at $4.71 per share while it has a forward price to earnings multiple of 7.728 and a PEG multiple of 3.3898. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Tenet Healthcare Corporation’s profitability.
Tenet Healthcare Corporation stock is trading at a EV to sales ratio of 0.9897 and a EV to EBITDA ratio of 5.7594. Its price to sales ratio in the trailing 12-months stood at 0.2527.
Tenet Healthcare Corporation stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $27.16 billion
- Total Liabilities
- $4.15 billion
- Operating Cash Flow
- $-467000000.00
- Capital Expenditure
- $132 million
- Dividend Payout Ratio
- 0%
Tenet Healthcare Corporation ended 2024 with $27.16 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $27.16 billion while shareholder equity stood at $1.34 billion.
Tenet Healthcare Corporation ended 2024 with $0 in deferred long-term liabilities, $4.15 billion in other current liabilities, 8000000.00 in common stock, $-537000000.00 in retained earnings and $10.35 billion in goodwill. Its cash balance stood at $934.00 million and cash and short-term investments were $934.00 million. The company’s total short-term debt was $141,000,000 while long-term debt stood at $14.91 billion.
Tenet Healthcare Corporation’s total current assets stands at $6.00 billion while long-term investments were $3.13 billion and short-term investments were $0. Its net receivables were $3.84 billion compared to accounts payable of $1.25 billion and inventory worth $404.00 million.
In 2024, Tenet Healthcare Corporation's operating cash flow was $-467000000.00 while its capital expenditure stood at $132 million.
Comparatively, Tenet Healthcare Corporation paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $70.66
- 52-Week High
- $85.4
- 52-Week Low
- $36.69
- Analyst Target Price
- $0.2
Tenet Healthcare Corporation stock is currently trading at $70.66 per share. It touched a 52-week high of $85.4 and a 52-week low of $85.4. Analysts tracking the stock have a 12-month average target price of $0.2.
Its 50-day moving average was $76.36 and 200-day moving average was $64.29 The short ratio stood at 2.8 indicating a short percent outstanding of 0%.
Around 178.9% of the company’s stock are held by insiders while 9940.3% are held by institutions.
Frequently Asked Questions About Tenet Healthcare Corporation
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About
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.