Tenet Healthcare Corp. (THC) to Release Earnings on Monday
Tenet Healthcare Corp. (NYSE:THC) is scheduled to be posting its Q413 quarterly earnings results on Monday, February 24th. Analysts expect Tenet Healthcare Corp. to post earnings of $0.37 per share and revenue of $3.87 billion for the quarter.
Tenet Healthcare Corp. (NYSE:THC) opened at 46.12 on Friday. Tenet Healthcare Corp. has a one year low of $36.29 and a one year high of $49.47. The stock’s 50-day moving average is $45.60 and its 200-day moving average is $43.17. The company’s market cap is $4.576 billion.
THC has been the subject of a number of recent research reports. Analysts at Leerink Swann raised their price target on shares of Tenet Healthcare Corp. from $107.00 to $130.00 in a research note on Friday, January 31st. On the ratings front, analysts at Raymond James downgraded shares of Tenet Healthcare Corp. from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 8th. They now have a $50.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Tenet Healthcare Corp. from a “neutral” rating to an “underperform” rating in a research note on Tuesday, December 17th. They now have a $37.00 price target on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $54.71.
Tenet Healthcare Corporation (NYSE:THC), along with its subsidiaries, is an investor-owned health care services company whose subsidiaries and affiliates primarily operated 49 hospitals, 117 outpatient centers and Conifer Health Solutions (Conifer), which provides business process solutions to more than 600 hospital and other clients nationwide.
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