Stock’s Stunning Activities: Tenet Healthcare Corp. (THC)

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earning reaction history, nasdaq, nyse

Tenet Healthcare Corp. (THC) belonging to the Medical sector has declined -1.32% and closed its last trading session at $18.

The company reported its EPS on 02/27/2017. Currently, the stock has a 1 Year Price Target of $23.99.

The consensus recommendation, according to Zacks Investment research, is 2.29. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 2.33 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.33 and 2.14 respectively.

Tenet Healthcare Corp. on 02/27/2017 reported its EPS as $0.06 with the analysts projecting the EPS of the stock as $0.22. The company beat the analyst EPS Estimate with the difference of $-0.16. This shows a surprise factor of -72.7%.

Many analysts have provided their estimated foresights on Tenet Healthcare Corp. Earnings, with 14 analysts believing the company would generate an Average Estimate of $-0.5.

Whereas they predicted High and Low Earnings Estimate as $-0.44 and $-0.6 respectively. While in the same Quarter Previous year, the Actual EPS was $0.45.

Analysts are also projecting an Average Revenue Estimate for Tenet Healthcare Corp. as $4.85 Billion in the Current Quarter. This estimate is provided by 14 analysts.

The High Revenue estimate is predicted as 4.93 Billion, while the Low Revenue Estimate prediction stands at 4.79 Billion. The company’s last year sales total was 5.04 Billion.

For the Current Quarter, the growth estimate for Tenet Healthcare Corp. is -211.1%, while for the Next Quarter the stock growth estimate is -84.2%.

In the past 5 years, the stock showed growth of -13.75% per annum. While for the next 5 years, the growth estimate is 10.77%.

The Company got Upgrade by Mizuho on 24-Feb-17 from Underperform to Neutral.

Insider Trades for Tenet Healthcare Corp. show that the latest trade was made on 23 Feb 2017 where Pitts (Keith B), the Officer completed a transaction type “Sell” in which 6169 shares were traded at a price of $21.99.

Over the period of 6 months, Insider Purchases show a total of 4 transaction in which 2677400 shares were traded. 5 Insider Sales transactions were made totaling 366276 shares traded.

15 analysts projected Price Targets for Tenet Healthcare Corp.. The analysts believe that the company stock price could grow as high as $38. The Low Price target projection by analysts is $17 and the Mean Price Target is $23.99.

Tenet Healthcare Corp. (THC) has the market capitalization of $1.9 Billion. The company rocked its 52-Week High of $34.08 on Apr 28, 2016 and touched its 52-Week Low of $14.06 on Nov 11, 2016.

The stock has Return on Assets (ROA) of -0.8 percent. Return on Equity (ROE) stands at -36.7% and Return on Investment (ROI) of 7.4 percent.

The stock is currently showing YTD performance of 21.29 Percent. The company has Beta Value of 1.35 and ATR value of 1.03. The Weekly and Monthly Volatility stands at 5.46% and 5.17%.