Hospital company Tenet Healthcare Corporation (THC) is trading comparatively cheap at the moment from a valuation standpoint. Its forward earnings multiple of 14.75 is lower than the industry average of 16.18. The stock also looks attractively valued relative to other medical facility operators like HCA Healthcare, Inc. (HCA) and Encompass Health Corporation (EHC) , with forward 12-month P/E of 16.62X and 21.33X. Tenet Healthcare has a Value Score of A. Zacks Investment Research Image Source: Zacks Investme ...

In the latest market close, Tenet Healthcare (THC) reached $161.71, with a -1.41% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.02%. On the other hand, the Dow registered a gain of 0.38%, and the technology-centric Nasdaq increased by 0.04%. Shares of the hospital operator witnessed a gain of 1.84% over the previous month, beating the performance of the Medical sector with its loss of 4.19% and underperforming the S&P 500's gain of 3.77%. Analysts an ...

Tenet Healthcare (THC) closed the most recent trading day at $152.78, moving -0.84% from the previous trading session. The stock's performance was behind the S&P 500's daily loss of 0.21%. Elsewhere, the Dow saw a downswing of 0.14%, while the tech-heavy Nasdaq depreciated by 0.05%. Prior to today's trading, shares of the hospital operator had lost 2.28% over the past month. This has was narrower than the Medical sector's loss of 3.28% and lagged the S&P 500's gain of 5.94% in that time. The investment comm ...

Tenet Healthcare (THC) closed the latest trading day at $156.57, indicating a -0.11% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%. The the stock of hospital operator has fallen by 3.24% in the past month, leading the Medical sector's loss of 4.05% and undershooting the S&P 500's gain of 3.15%. The upcoming earnings release of Tenet Healthcare will be of g ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? 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 brokerag ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

Tenet Healthcare (THC) closed at $166.20 in the latest trading session, marking a +1.83% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.42%. Meanwhile, the Dow gained 0.04%, and the Nasdaq, a tech-heavy index, added 0.38%. Prior to today's trading, shares of the hospital operator had lost 1.58% over the past month. This has was narrower than the Medical sector's loss of 2.49% and lagged the S&P 500's gain of 2.06% in that time. The investment community will be closely monitoring t ...

For-profit hospital operator Tenet Healthcare Corporation (THC) has seen impressive gains in 2024, with shares skyrocketing 118.2%, far outpacing the industry's 50.5% growth and the S&P 500's 19.9% rise. It also outpaced its peers like Universal Health Services, Inc. (UHS) and HCA Healthcare, Inc. (HCA) . This rally has boosted Tenet Healthcare's market capitalization by $8.13 billion in 2024 alone. With this sharp rally, the question for investors is whether to ride the momentum for more potential upside o ...

The investment landscape has shifted in 2024. Sectors outside of technology have used the year to play catchup, and as part of a diversified portfolio, it makes sense to gain exposure to these other areas with significant profit potential. Luckily for investors, the systems used at Zacks Investment Research consistently identify big winners, regardless of which pocket of the market they may reside. Adding to the bullish theme, it's never been easier to find these winners, with the power of the Zacks Rank li ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...