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 most optimistic price target was 28, which equates to a potential upside of 57.48 percent. The most pessimistic analyst gave a price target of 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. The average change in earnings estimates over the last 90 days is -227.78 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -1.67 percent. If we look at the last 90 days instead, we find a net average change of 3.51 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 4 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 3 analysts decreased their estimates.

THC has traded between a high of 30.84 and a low of 14.06 over the past year. Currently the stock is 26.46 percent higher than its low, 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.