Tenet Healthcare Corp (THC - Free Report) was a big mover last session, as the company saw its shares rise nearly 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 21.6% in the past one-month time frame .
The company has seen eight negative estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Tenet Healthcare currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Tenet Healthcare Corporation Price and Consensus
A better-ranked stock in the Medical - Hospitalindustry is VCA, Inc. , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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