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Tenet Healthcare (THC) Rises Higher Than Market: Key Facts
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Tenet Healthcare (THC - Free Report) closed the most recent trading day at $171.52, moving +1.42% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 1.19%, and the technology-dominated Nasdaq saw an increase of 1.43%.
The stock of hospital operator has risen by 3.77% in the past month, leading the Medical sector's gain of 2.14% and undershooting the S&P 500's gain of 3.92%.
Market participants will be closely following the financial results of Tenet Healthcare in its upcoming release. The company plans to announce its earnings on July 22, 2025. The company is forecasted to report an EPS of $2.84, showcasing a 22.94% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.15 billion, up 0.85% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.73 per share and revenue of $20.9 billion, indicating changes of +7.15% and +1.12%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Tenet Healthcare. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.33% increase. As of now, Tenet Healthcare holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Tenet Healthcare has a Forward P/E ratio of 13.29 right now. For comparison, its industry has an average Forward P/E of 11.11, which means Tenet Healthcare is trading at a premium to the group.
It is also worth noting that THC currently has a PEG ratio of 1.23. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Medical - Hospital industry had an average PEG ratio of 1.27.
The Medical - Hospital industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 96, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Tenet Healthcare (THC) Rises Higher Than Market: Key Facts
Tenet Healthcare (THC - Free Report) closed the most recent trading day at $171.52, moving +1.42% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 1.11%. Meanwhile, the Dow experienced a rise of 1.19%, and the technology-dominated Nasdaq saw an increase of 1.43%.
The stock of hospital operator has risen by 3.77% in the past month, leading the Medical sector's gain of 2.14% and undershooting the S&P 500's gain of 3.92%.
Market participants will be closely following the financial results of Tenet Healthcare in its upcoming release. The company plans to announce its earnings on July 22, 2025. The company is forecasted to report an EPS of $2.84, showcasing a 22.94% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $5.15 billion, up 0.85% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $12.73 per share and revenue of $20.9 billion, indicating changes of +7.15% and +1.12%, respectively, compared to the previous year.
Investors should also take note of any recent adjustments to analyst estimates for Tenet Healthcare. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.33% increase. As of now, Tenet Healthcare holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Tenet Healthcare has a Forward P/E ratio of 13.29 right now. For comparison, its industry has an average Forward P/E of 11.11, which means Tenet Healthcare is trading at a premium to the group.
It is also worth noting that THC currently has a PEG ratio of 1.23. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Medical - Hospital industry had an average PEG ratio of 1.27.
The Medical - Hospital industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 96, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.