Tenet Healthcare Corp. (NYSE:THC) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.
Tenet Healthcare Corp. (NYSE:THC) lost -0.61 Percent and closed its previous trading session at $12.95. The stock traded with the average Volume of 3.66 Million at the end of last session.
Tenet Healthcare Corp. (NYSE:THC) has the Market Capitalization of 1.3 Billion. The Stock has its 52-week High of $22.72 and 52-Week Low of $12.25 and it touched its 52-week high on 02/27/17 and 52-Week Low on 10/13/17.
The company reported its last earnings Actual EPS of $-0.17/share. While, the analyst predicted that the company could provide an EPS of $-0.38/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.21/share which shows an Earnings Surprise of 55.3 Percent.
Several analysts are forecasting growth estimate of Tenet Healthcare Corp. for the current quarter to be 2000%. Their projections for the Next Quarter growth is 159.3 percent. While for the Next 5 years, the company could expect a growth of 18.63% per annum, whereas in the past Five years Tenet Healthcare Corp. (NYSE:THC) showed a growth of -16.58 Percent per annum.
Sell side analysts plays vital role in buying and selling a stock where 2 analysts rated Tenet Healthcare Corp. (NYSE:THC) as Buy, 1 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.
The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -4.21% where SMA50 and SMA200 are -8.01% and -22.42% respectively.
The company shows its Return on Assets (ROA) value of -2.3%. The Return on Equity (ROE) value stands at -178.1%. While it’s Return on Investment (ROI) value is 7.4%.
Tenet Healthcare Corp. (NYSE:THC) currently has a Weekly Volatility of 5.94% percent while its Monthly Volatility is at 4.91% percent. While talking about Performance of the Stock, Tenet Healthcare Corp. currently has a Weekly performance of -7.5%, monthly performance percentage is 2.37 percent, Quarterly performance is -23.6 percent, 6 months performance shows a percent value of -26.59% and Yearly Performance is -16.07 percent.
Tenet Healthcare Corporation is a multinational investor-owned healthcare services company. At Tenet Healthcare, they have a longstanding commitment to serving patients, employees, physicians and partners. Tenet’s Conifer Health Solutions subsidiary provides technology-enabled performance improvement and health management solutions to hospitals, health systems, integrated delivery networks, physician groups, self-insured organizations and health plans. Across their network of medical facilities, the Company’s employees provide compassionate, quality care to millions of patients through a wide range of services: from wellness and primary care to chronic care management, urgent care, outpatient surgery, advanced diagnostics, rehabilitation and acute hospital care.