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.

THC was given price targets by several analysts. The maximum price target given was 28, implying a possible profit of 57.48 percent. The most pessimistic price target was 18, implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 8.2 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -227.78 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.67 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.51 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 4 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 3 analysts made negative revisions to their fiscal year's estimates.

In the last 52-weeks, THC has achieved a high of 30.84 and a low of 14.06. The current market price is above the trailing year's low by 26.46 percent, and 42.35 percent lower than its 52-week high. THC has a P/E 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 stock has a market capitalization of $1.79 billion. THC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.