Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Tenet Healthcare Corp’s stock clocked out at $130.48, down -0.96% from its previous closing price of $131.75. In other words, the price has decreased by -$0.96 from its previous closing price. On the day, 1.27 million shares were traded.
Ratios:
To gain a deeper understanding of THC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 3.43 whereas as Long-Term Debt/Eq ratio is at 3.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on February 26, 2025, initiated with a Buy rating and assigned the stock a target price of $175.
Goldman Downgraded its Buy to Neutral on December 16, 2024, whereas the target price for the stock was revised from $196 to $140.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 31 ’24 when Foo Lisa Y sold 4,000 shares for $155.94 per share. The transaction valued at 623,744 led to the insider holds 15,566 shares of the business.
Foo Lisa Y bought 4,000 shares of THC for $623,727 on Oct 31 ’24. On Sep 05 ’24, another insider, Ramsey R. Scott, who serves as the Principal Accounting Officer of the company, sold 11,599 shares for $162.06 each. As a result, the insider received 1,879,734 and left with 6,324 shares of the company.
Valuation Measures:
As of this moment, Tenet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.05, and their Forward P/E ratio for the next fiscal year is 9.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 2.98.
Stock Price History:
Over the past 52 weeks, THC has reached a high of $171.20, while it has fallen to a 52-week low of $88.98. The 50-Day Moving Average of the stock is -2.03%, while the 200-Day Moving Average is calculated to be -9.51%.
Shares Statistics:
A total of 95.11M shares are outstanding, with a floating share count of 92.94M. Insiders hold about 2.29% of the company’s shares, while institutions hold 95.50% stake in the company.
