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 ...

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 ...

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 ...

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 ...

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 ...

Core Viewpoint - Tenet Healthcare (THC) has experienced significant stock performance, with a 13.5% increase over the past month and a 74.1% rise since the beginning of the year, outperforming the broader medical sector and hospital industry [1][2]. Financial Performance - Tenet has consistently exceeded earnings expectations, reporting an EPS of $3.22 against a consensus estimate of $1.45 in its last earnings report [2]. - For the current fiscal year, Tenet is projected to achieve earnings of $8.42 per share on revenues of $20.31 billion, reflecting a 20.63% increase in EPS despite a slight revenue decline of -1.16% [3]. - The next fiscal year forecasts an EPS of $8.43 and revenues of $21.06 billion, indicating minimal growth of 0.14% in EPS and a 3.71% increase in revenues year-over-year [3]. Valuation Metrics - Tenet's stock trades at 15.6 times the current fiscal year EPS estimates, matching the peer industry average, while trailing cash flow is at 8.1 times compared to the peer group's average of 9.8 times [7]. - The stock has a PEG ratio of 1.41, which does not place it among the top value stocks [7]. Zacks Rank and Style Scores - Tenet holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with investment strategies that favor stocks with strong rankings and favorable style scores [8]. - The company has a Value Score of A, a Growth Score of C, and a Momentum Score of F, resulting in a combined VGM Score of B [6].

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 ...

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 ...

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 ...

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?Let's take a look at what these Wall Street heavyweights have to say about Tenet Healthcare (THC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Tenet currently has an average brokerage recommendation ...