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 most optimistic price target was 28, implying a possible profit of 57.48 percent. The most pessimistic price target was 18, implying potential capital losses of 1.24 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 8.2 percent. The average change in earnings estimates over the last 90 days 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.

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 below the high by 42.35 percent. 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.