Analyst Ratings for Tenet Healthcare Corp. (THC)

Updated: 2017-07-29

An average rating of Overweight has been given to Tenet Healthcare Corp. (NYSE:THC) by analysts covering the stock. Last month, THC received an average rating of Overweight.

Of the 20 analysts covering the stock, 5 gave it a buy rating, 1 gave an overweight rating, 14 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for THC. The highest price target was 28, which equates to a potential upside of 57.48 percent. The lowest price target was 18, which equates to a potential downside of 1.24 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 8.2 percent. That number becomes -227.78 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -1.67 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 3.51 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.

THC has a 52-week high of 30.84 and a 52-week low of 14.06. Currently the stock is 26.46 percent higher than its low, and 42.35 percent below the high. THC has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The THC value stock report compares THC to some of its peers using value stock charts. The market cap of THC is $1.79 billion. THC will post this quarters earnings in days, on 0000-00-00.