Tenet Health(THC)

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Should Value Investors Buy Tenet Healthcare (THC) Stock?
ZACKS· 2024-06-12 14:45
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are ofte ...
Why Tenet Healthcare (THC) is a Top Value Stock for the Long-Term
ZACKS· 2024-06-07 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Zacks Premium also includes the Zacks Style Scores. The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the ...
Tenet Healthcare (THC) Is Up 3.12% in One Week: What You Should Know
ZACKS· 2024-06-06 17:01
Below, we take a look at Tenet Healthcare (THC) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. In order to see if THC is a promising momentum pick, let's examine some Momentum Style elements to see if this hospital operator holds up. Investors should also take note of THC's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes ...
Why Fast-paced Mover Tenet (THC) Is a Great Choice for Value Investors
ZACKS· 2024-06-06 13:50
It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. While any stock can see a spike in price for a short period, it takes a real momentum pl ...
Tenet Healthcare (THC) Gains 89% in a Year: More Room to Run?
ZACKS· 2024-05-30 17:11
Shares of Tenet Healthcare Corporation (THC) have surged 88.7% in the past year compared with the industry's 25% growth. The Medical sector has gained 4.6% and the S&P 500 composite index has risen 26% in the same time frame. With a market capitalization of $12.9 billion, the average volume of shares traded in the last three months was 1.3 million. Growing admissions and hospital surgeries, strategic portfolio transformation, acquisitions and an impressive financial position continue to drive Tenet Healthca ...
Tenet (THC) Up 13.5% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-05-30 16:36
A month has gone by since the last earnings report for Tenet Healthcare (THC) . Shares have added about 13.5% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Tenet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Tenet Healthcare Beats on Q1 Earnings, Ups '24 EPS ...
Tenet Healthcare Corporation (THC) Soars to 52-Week High, Time to Cash Out?
ZACKS· 2024-05-30 14:15
Have you been paying attention to shares of Tenet Healthcare (THC) ? Shares have been on the move with the stock up 13.5% over the past month. The stock hit a new 52-week high of $134.89 in the previous session. Tenet Healthcare has gained 74.1% since the start of the year compared to the 2.5% move for the Zacks Medical sector and the 20.8% return for the Zacks Medical - Hospital industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't miss ...
Tenet (THC) Is Considered a Good Investment by Brokers: Is That True?
zacks.com· 2024-05-29 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? While the ABR calls for buying Tenet, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best pric ...
Are Investors Undervaluing Tenet Healthcare (THC) Right Now?
zacks.com· 2024-05-27 14:46
On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today. One stock to keep an eye on is Tenet Healthcare (THC) . THC is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. Value investors also love the P/S ratio, w ...
Here is What to Know Beyond Why Tenet Healthcare Corporation (THC) is a Trending Stock
zacks.com· 2024-05-21 14:01
Tenet Healthcare (THC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this hospital operator have returned +38.1%, compared to the Zacks S&P 500 composite's +7.1% change. During this period, the Zacks Medical - Hospital industry, which Tenet falls in, has gained 9.7%. The key question now is: What could be the stock's future directi ...