We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Tenet Healthcare (THC) Stock Dips While Market Gains: Key Facts
Read MoreHide Full Article
Tenet Healthcare (THC - Free Report) closed the most recent trading day at $172.22, moving -2.94% from the previous trading session. This change lagged the S&P 500's 0.48% gain on the day. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.94%.
Heading into today, shares of the hospital operator had gained 3.25% over the past month, outpacing the Medical sector's gain of 2.8% and lagging the S&P 500's gain of 5.13%.
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 expected to report EPS of $2.84, up 22.94% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $5.15 billion, up 0.85% from the prior-year quarter.
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.
Any recent changes to analyst estimates for Tenet Healthcare should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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 moved 0.33% higher. Tenet Healthcare is currently a Zacks Rank #3 (Hold).
In the context of valuation, Tenet Healthcare is at present trading with a Forward P/E ratio of 13.94. Its industry sports an average Forward P/E of 11.83, so one might conclude that Tenet Healthcare is trading at a premium comparatively.
We can additionally observe that THC currently boasts a PEG ratio of 1.29. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Medical - Hospital industry was having an average PEG ratio of 1.32.
The Medical - Hospital industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 91, which puts it in the top 37% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Tenet Healthcare (THC) Stock Dips While Market Gains: Key Facts
Tenet Healthcare (THC - Free Report) closed the most recent trading day at $172.22, moving -2.94% from the previous trading session. This change lagged the S&P 500's 0.48% gain on the day. On the other hand, the Dow registered a loss of 0.02%, and the technology-centric Nasdaq increased by 0.94%.
Heading into today, shares of the hospital operator had gained 3.25% over the past month, outpacing the Medical sector's gain of 2.8% and lagging the S&P 500's gain of 5.13%.
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 expected to report EPS of $2.84, up 22.94% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $5.15 billion, up 0.85% from the prior-year quarter.
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.
Any recent changes to analyst estimates for Tenet Healthcare should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable 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 moved 0.33% higher. Tenet Healthcare is currently a Zacks Rank #3 (Hold).
In the context of valuation, Tenet Healthcare is at present trading with a Forward P/E ratio of 13.94. Its industry sports an average Forward P/E of 11.83, so one might conclude that Tenet Healthcare is trading at a premium comparatively.
We can additionally observe that THC currently boasts a PEG ratio of 1.29. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Medical - Hospital industry was having an average PEG ratio of 1.32.
The Medical - Hospital industry is part of the Medical sector. This industry currently has a Zacks Industry Rank of 91, which puts it in the top 37% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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.