Buy, Sell or Hold: [Tenet Healthcare Corporation] THC Stock Price and Forecast

Q: What is Tenet Healthcare Corporation stock symbol ?

Tenet Healthcare Corporation is a US stock, located in Dallas of Tx and trading under the symbol THC

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THC Stock Summary

Earnings have grown 7.17% per last year.

Has a high level of debt. Debt-to-Equity ratio of 9.38 is considered high.

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 years (Yearly statements)

THC has less than 1 year of cash runway

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THC Financial details

Company Rating

Strong Buy

Market Cap

10.04B

Income

764M

Revenue

20.55B

Book val./share

15.93

Cash/share

12.16

Dividend

-

Dividend %

-

Employees

78.81K

Optionable

No

Shortable

Yes

Earnings

30 Apr 2024

P/E

13.5

Forward P/E

-

PEG

-6.86

P/S

0.5

P/B

6.42

P/C

7.59

P/FCF

6.3

Quick Ratio

1.1

Current Ratio

1.51

Debt / Equity

9.38

LT Debt / Equity

2.68

-

EPS (TTM)

7.51

EPS next Y

-

EPS next Q

-

EPS this Y

-35.72%

EPS next Y

-

EPS next 5Y

-

EPS last 5Y

34.21%

Revenue last 5Y

2.15%

Revenue Q/Q

6.18%

EPS Q/Q

144.44%

-

SMA20

-1.98%

SMA50

13.79%

SMA100

54.69%

Inst Own

71.54%

Inst Trans

0.77%

ROA

3%

ROE

54%

ROC

0.11%

Gross Margin

64%

Oper. Margin

12%

Profit Margin

4%

Payout

-

Shs Outstand

-

Shs Float

-

Target Price

-

52W Range

51.04-107.8

52W High

-13.71%

52W Low

+81.04%

RSI

31

Rel Volume

0.91

Avg Volume

1.15M

Volume

1.05M

Perf Week

-8.67%

Perf Month

-5.94%

Perf Quarter

72.87%

Perf Half Y

70.57%

-

Beta

2.136

-

Volatility

2.98%, 2.78%

Prev Close

-3.82%

Price

92.33

Change

-6.67%

THC Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	178.72	167.98	182.39	179.32	202.17
Net income per share	1.38	7.31	13.83	9.35	6.01
Operating cash flow per share	11.92	32.44	14.68	10.13	23.36
Free cash flow per share	5.44	27.3	8.52	3	15.97
Cash per share	2.53	23.29	22.13	-6.17	12.08
Book value per share	-3.59	0.27	9.62	10.68	15.82
Tangible book value per share	-66.39	-71.6	-60.85	-64.89	-60.68
Share holders equity per share	-3.59	0.27	9.62	10.68	15.82
Interest debt per share	152.19	159.24	155.09	149.34	157.29
Market cap	3.93B	4.19B	8.73B	5.22B	7.68B
Enterprise value	18.42B	17.47B	22.01B	19.44B	22.67B
P/E ratio	27.5	5.46	5.91	5.22	12.57
Price to sales ratio	0.21	0.24	0.45	0.27	0.37
POCF ratio	3.19	1.23	5.57	4.82	3.24
PFCF ratio	6.98	1.46	9.59	16.25	4.73
P/B Ratio	-10.6	149.75	8.49	4.57	4.78
PTB ratio	-10.6	149.75	8.49	4.57	4.78
EV to sales	1	0.99	1.13	1.01	1.1
Enterprise value over EBITDA	6.83	5.52	6.3	5.59	6.87
EV to operating cash flow	14.94	5.13	14.04	17.95	9.55
EV to free cash flow	32.72	6.09	24.19	60.55	13.97
Earnings yield	0.04	0.18	0.17	0.19	0.08
Free cash flow yield	0.14	0.68	0.1	0.06	0.21
Debt to equity	-39.76	561.39	15.22	13.2	9.38
Debt to assets	0.63	0.58	0.57	0.56	0.53
Net debt to EBITDA	5.37	4.19	3.8	4.09	4.55
Current ratio	1.21	1.47	1.38	1.34	1.51
Interest coverage	1.54	1.98	3.11	2.62	2.69
Income quality	8.01	4.44	1.06	1.08	3.89
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.47	0.48	0.46	0.46	0.45
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.38	0.38	0.39	0.43	0.41
Capex to operating cash flow	-0.54	-0.16	-0.42	-0.7	-0.32
Capex to revenue	-0.04	-0.03	-0.03	-0.04	-0.04
Capex to depreciation	-0.79	-0.63	-0.77	-0.91	-0.86
Stock based compensation to revenue	0	0	0	0	0
Graham number	10.57	6.62	54.71	47.41	46.26
ROIC	0.05	0.13	0.13	0.1	0.11
Return on tangible assets	0.01	0.05	0.09	0.06	0.04
Graham Net	-182.6	-186.35	-174.93	-194.51	-180.79
Working capital	876M	2.3B	1.97B	1.51B	2.41B
Tangible asset value	-6.87B	-7.52B	-6.5B	-6.94B	-6.17B
Net current asset value	-16.28B	-17.07B	-16.25B	-16.57B	-15.64B
Invested capital	-39.76	561.39	15.22	13.2	9.38
Average receivables	2.68B	2.72B	2.73B	2.86B	3.47B
Average payables	1.21B	1.21B	1.25B	1.4B	1.46B
Average inventory	307.5M	339M	376M	394.5M	408M
Days sales outstanding	54.38	55.68	51.89	56.02	70.93
Days payables outstanding	143.76	147.74	142.58	167.72	28.36
Days of inventory on hand	37.01	45.04	42.12	45.16	8.28
Receivables turnover	6.71	6.56	7.03	6.52	5.15
Payables turnover	2.54	2.47	2.56	2.18	12.87
Inventory turnover	9.86	8.1	8.67	8.08	44.09
ROE	-0.39	27.43	1.44	0.88	0.38
Capex per share	-6.48	-5.14	-6.16	-7.13	-7.39

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric	2022-12-31	2023-03-31	2023-06-30	2023-09-30	2023-12-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	47.74	49.09	49.94	49.89	53.28
Net income per share	2.62	2.89	1.21	0.99	2.42
Operating cash flow per share	4.03	4.39	5.88	4.95	8.16
Free cash flow per share	1.25	2.09	4.58	3.22	6.1
Cash per share	-6.31	7.49	9.18	10.38	12.16
Book value per share	10.93	12.05	13.2	14.42	15.93
Tangible book value per share	-66.39	-67.31	-66.38	-65.33	-61.09
Share holders equity per share	10.93	12.05	13.2	14.42	15.93
Interest debt per share	146.37	149.62	150.09	150.37	151.68
Market cap	5.1B	6.08B	8.28B	6.69B	7.63B
Enterprise value	19.32B	20.4B	22.4B	20.68B	22.61B
P/E ratio	4.65	5.13	16.83	16.56	7.82
Price to sales ratio	1.02	1.21	1.63	1.32	1.42
POCF ratio	12.11	13.54	13.85	13.3	9.26
PFCF ratio	38.93	28.4	17.77	20.46	12.39
P/B Ratio	4.47	4.93	6.17	4.57	4.74
PTB ratio	4.47	4.93	6.17	4.57	4.74
EV to sales	3.87	4.06	4.41	4.08	4.2
Enterprise value over EBITDA	21.44	24.57	26.38	24.1	24.13
EV to operating cash flow	45.89	45.42	37.45	41.11	27.44
EV to free cash flow	147.48	95.3	48.06	63.24	36.71
Earnings yield	0.05	0.05	0.01	0.02	0.03
Free cash flow yield	0.03	0.04	0.06	0.05	0.08
Debt to equity	13.2	12.23	11.2	10.27	9.38
Debt to assets	0.56	0.56	0.55	0.55	0.53
Net debt to EBITDA	15.78	17.25	16.62	16.3	15.99
Current ratio	1.34	1.39	1.44	1.43	1.51
Interest coverage	2.45	2.73	2.67	2.5	3.18
Income quality	1.54	1.52	2.04	1.89	3.38
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0.46	0.45	0.45	0.45	0.43
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.43	0.43	0.43	0.43	0.41
Capex to operating cash flow	-0.69	-0.52	-0.22	-0.35	-0.25
Capex to revenue	-0.06	-0.05	-0.03	-0.03	-0.04
Capex to depreciation	-1.36	-1.08	-0.62	-0.79	-0.96
Stock based compensation to revenue	0	0	0	0	0
Graham number	25.39	28.01	18.94	17.96	29.43
ROIC	0.03	0.03	0.03	0.03	0.04
Return on tangible assets	0.02	0.02	0.01	0.01	0.01
Graham Net	-198.99	-187.02	-178.26	-186.87	-182.02
Working capital	1.51B	1.65B	1.84B	1.93B	2.41B
Tangible asset value	-6.94B	-6.89B	-6.76B	-6.63B	-6.17B
Net current asset value	-16.57B	-16.39B	-16.16B	-16.05B	-15.64B
Invested capital	13.2	12.23	11.2	10.27	9.38
Average receivables	2.89B	2.91B	3.36B	3.37B	3.45B
Average payables	1.37B	1.35B	1.22B	1.22B	1.31B
Average inventory	399.5M	406M	405.5M	408.5M	412M
Days sales outstanding	53.08	51.68	67.99	51.47	66.81
Days payables outstanding	157.4	120.4	125.86	123.35	27.2
Days of inventory on hand	42.38	41.11	40.81	42.38	7.94
Receivables turnover	1.7	1.74	1.32	1.75	1.35
Payables turnover	0.57	0.75	0.72	0.73	3.31
Inventory turnover	2.12	2.19	2.21	2.12	11.33
ROE	0.24	0.24	0.09	0.07	0.15
Capex per share	-2.77	-2.3	-1.3	-1.73	-2.06

THC Frequently Asked Questions

What is Tenet Healthcare Corporation stock symbol ?

Tenet Healthcare Corporation is a US stock , located in Dallas of Tx and trading under the symbol THC

What is Tenet Healthcare Corporation stock quote today ?

Tenet Healthcare Corporation stock price is $92.33 today.

Is Tenet Healthcare Corporation stock public?

Yes, Tenet Healthcare Corporation is a publicly traded company.

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Company Profile

Volume Average 1.15M
Market Capitalization 10.04B
Employee 78.81K
CEO Dr. Saumya Sutaria M.D.
Headquarters Dallas,TX,US
IPO Date 1980-03-17
Website https://www.tenethealth.com

Tenet Healthcare Corporation operates as a diversified healthcare services company. The company operates in three segments: Hospital Operations and Other, Ambulatory Care, and Conifer. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies. The company also provides intensive and critical care, and coronary care units; cardiovascular, digestive disease, neurosciences, musculoskeletal, and obstetrics services; outpatient services, including physical therapy; cardiothoracic surgery, complex spinal surgery, neonatal intensive care, and neurosurgery services; quaternary care services in heart and kidney transplants; and limb-salvaging vascular procedure, acute level 1 trauma, intravascular stroke care, minimally invasive cardiac valve replacement, imaging, and telemedicine access services. In addition, it operates ambulatory surgery and urgent care centers, imaging centers, surgical hospitals, off-campus emergency departments, and micro-hospitals; and offers healthcare business process services in the areas of hospital and physician revenue cycle management, patient communications and engagement support, and value-based care solutions to hospitals, health systems, physician practices, employers, and other customers. As of February 09, 2022, the company operated 60 hospitals; and approximately 550 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers, and other care sites and clinics. Tenet Healthcare Corporation was incorporated in 1975 and is headquartered in Dallas, Texas.

Tenet Healthcare Corporation [THC] Stock Forecast