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Tenet Healthcare (THC) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2025-01-09 00:11
The most recent trading session ended with Tenet Healthcare (THC) standing at $130.21, reflecting a +1.09% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq decreased by 0.06%.Shares of the hospital operator witnessed a loss of 7.4% over the previous month, trailing the performance of the Medical sector with its loss of 5.77% and the S&P 500's loss of 2.8%.Market parti ...
Tenet Healthcare Stock: An Improved Option Here (Rating Upgrade)
Seeking Alpha· 2024-12-30 16:46
If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!As the leader of the investing group Value In Corporate Events they provide members with opportunities to capitalize on IPOs, mergers & acquisitions, earnings reports and changes in corporate capi ...
Tenet (THC) Upgraded to Buy: Here's Why
ZACKS· 2024-12-26 18:01
Investors might want to bet on Tenet Healthcare (THC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The powe ...
Tenet Healthcare (THC) Advances But Underperforms Market: Key Facts
ZACKS· 2024-12-24 00:05
Tenet Healthcare (THC) closed at $129.64 in the latest trading session, marking a +0.14% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.73% for the day. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq added 0.98%.The hospital operator's shares have seen a decrease of 9.87% over the last month, not keeping up with the Medical sector's loss of 3.8% and the S&P 500's gain of 0.34%.Market participants will be closely following the financial results of Ten ...
Tenet Healthcare: Walk-In Surgical Care Facilities Are A Key Revenue Driver
Seeking Alpha· 2024-12-17 08:26
AI-Related Sectors in the US Economy - The US economy is experiencing a secular uptrend in sectors connected with AI [1] Tenet Healthcare Corporation (THC) - The article discusses reasons why Tenet Healthcare Corporation (THC) is worth considering, though specific reasons are not detailed in the provided content [1] Analyst's Position on THC - The analyst holds a beneficial long position in THC through stock ownership, options, or other derivatives [2] - The article reflects the analyst's personal opinions and is not influenced by compensation or business relationships with mentioned companies [2]
After Plunging -16.78% in 4 Weeks, Here's Why the Trend Might Reverse for Tenet (THC)
ZACKS· 2024-12-13 15:35
Tenet Healthcare (THC) has been on a downward spiral lately with significant selling pressure. After declining 16.8% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a st ...
Wall Street Analysts Look Bullish on Tenet (THC): Should You Buy?
ZACKS· 2024-12-12 15:31
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?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Tenet Healthcare (THC) .Tenet currently has an average brokerage recommendation (ABR) of 1.32, ...
Why Now is the Time to Buy Tenet Stock After a 15% Drop
ZACKS· 2024-12-04 21:01
U.S. healthcare services company Tenet Healthcare Corporation (THC) declined 15.3% in the past month, underperforming the hospital industry and the S&P 500 Index. In comparison, its peers, HCA Healthcare, Inc. (HCA) and Select Medical Holdings Corporation (SEM) , have slipped 10.8% and 44.7%, respectively, during this time.The hospital industry is facing some challenges. Analysts expect that the new administration’s focus on cutting government spending and implementing changes could impact hospital profits ...
Why Is Tenet (THC) Down 10.2% Since Last Earnings Report?
ZACKS· 2024-11-28 17:35
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 ...
Is Tenet Healthcare (THC) a Great Value Stock Right Now?
ZACKS· 2024-11-27 15:40
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 ...