It has been about a month since the last earnings report for Tenet Healthcare (THC) . Shares have lost about 10.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Tenet due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Tenet Q3 Earnings Beat on Strong Ambulatory Uni ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of ...

Shares of Tenet Healthcare (THC) have gained 2.8% over the past four weeks to close the last trading session at $143.63, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $187.26 indicates a potential upside of 30.4%.The average comprises 19 short-term price targets ranging from a low of $153 to a high of $217, with a standard deviation of $15.55. While the lowest estimate indicat ...

Last week, U.S. healthcare services company Tenet Healthcare Corporation (THC) reported strong third-quarter 2024 results. Since the announcement on Oct. 29, before the opening bell, shares of the company have rallied 19.6% to $166.87, reflecting investor optimism about its improved outlook for 2024. With this increase, the stock is nearing its 52-week high of $171.20.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Does THC’s growing operational strength present a buying opportunity ...

Tenet Healthcare (THC) , a current Zacks Rank #1 (Strong Buy), is a healthcare services company that owns and operates general hospitals and related healthcare facilities for urban and rural communities in numerous states.The company’s earnings outlook has shifted positively across the board, a bullish sign for near-term share movement.Image Source: Zacks Investment ResearchIn addition to favorable earnings estimate revisions, the stock resides in the Zacks Medical – Hospital industry, currently ranked in t ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves a ...

There have been a lot of uncertainties lately that brings additional fear to investors, especially with the latest slowing GDP growth rate of 2.8% than its last quarter of 3%. This news escalatedHi there! I am an equity research analyst by profession but a trader by heart, with a background in accounting. I try my best to be a responsible investor, guided by my expertise in fundamental and technical analysis. I enjoy surfing and riding the trends about equity, currencies and cryptocurrency. With a little ov ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 Form 10-Q ý Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2024 OR ¨ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from __________ to | --- | |--------------------------------------------------------------------------------------------------------------------------| | Commission File Nu ...

Tenet Healthcare Corporation (NYSE:THC) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Will McDowell – Vice President-Investor Relations Saum Sutaria – Chairman and Chief Executive Officer Sun Park – Executive Vice President and Chief Financial Officer Conference Call Participants Josh Raskin – Nephron Research Ben Hendrix – RBC Capital Markets A.J. Rice – UBS Stephen Baxter – Wells Fargo Ann Hynes – Mizuho Michael Ha – Baird Pito Chickering – Deutsche Bank Justin Lake – ...

| --- | --- | --- | --- | |------------------|-------|-------|-------| | 3rd Quarter 2024 | | | | | | | | | | | | | | | Earnings Release | | | | | Presentation | | | | | October 29, 2024 | | | | Cautionary Statements This presentation includes "forward looking statements." These statements relate to future events, including, but not limited to, statements regarding our liquidity, operating results, future earnings, financial position, operational and strategic initiatives, and developments in legislation, r ...