THC - Tenet Healthcare Corporation
| Previous Close | 23.41 |
| Open | 23.24 |
| Bid | 23.19 x 800 |
| Ask | 23.21 x 1200 |
| Day's Range | 22.87 - 23.85 |
| 52 Week Range | 16.61 - 39.74 |
| Volume | 947,754 |
| Avg. Volume | 1,406,227 |
| Market Cap | 2.381B |
| Beta (3Y Monthly) | 2.43 |
| PE Ratio (TTM) | 21.64 |
| EPS (TTM) | 1.07 |
| Earnings Date | Apr 29, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2000-03-13 |
| 1y Target Est | 31.40 |
- InvestorPlace•5 days ago
3 Big Stock Charts for Wednesday: Western Digital, UnitedHealth Group and Bank of America
Another day of lethargy and uncertainty, with the S&P 500 essentially breaking even on Tuesday. Volume wasn't wild, but it was above the recent average, suggesting some traders are sneaking out of trades while things are quiet.Source: Allan Ajifo via Wikimedia (Modified)There were still major movers though. Netflix (NASDAQ:NFLX) was one of them, up a little more than 3% headed into its earnings report. Last quarter's results were good, but its outlook was lackluster. However, NFLX stock held onto most of its regular-hours gains during the after-hours session.At the other end of the spectrum, Tenet Healthcare (NYSE:THC) led a herd of healthcare plan stocks lower, giving up more than 11% of its value on a combination of profit-taking and worries about the future of healthcare with either party in the White House.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 S&P 500 Stocks to Weather the Earnings Storm Neither are compelling prospects headed into today's session though. Rather, it's the stock charts of Western Digital (NASDAQ:WDC), UnitedHealth Group (NYSE:UNH) and Bank of America (NYSE:BAC) that merit the closest looks. Here's what to look for. Bank of America (BAC)Bank of America is a name we've taken several looks at in recent weeks, as it continues to chip away at a technical ceiling. As of our last look on the last day of February, it hadn't happened yet, but BAC was once again close to clearing resistance at $29.75.That's happened in the meantime, but BofA isn't over its final hump just yet. The shape of Tuesday's bar, however, is subtly bullish in that it implies the bears can't keep BAC stock down, and the bulls are willing to buy en masse on big dips. Click to Enlarge * Notice on the daily chart how yesterday's open fairly deep in the red was almost entirely wiped away by the day's end. * Also notice on the daily chart that the bulls poured in on Friday and Tuesday. While no major progress was made, the market tipped its hand. * The key, of course, is still clearing the new technical ceiling at $30.17, where BAC stock has peaked twice since mid-March. UnitedHealth Group (UNH)UnitedHealth Group might ring a bell. We've warned several times that the stock was rocking its way into trouble, and the resistance found at key moving average lines late last month only exacerbated the risks.The worst-case scenario has been realized in the meantime. That is, the last bastion of technical support has been obliterated … and in the worst way possible. The shape of Tuesday's bar opens the door to the possibility of a rebound, but if that effort crumbles, there's little left that will be able to prop UNH stock up. * 10 Dividend Growth Stocks You Can't Miss Click to Enlarge * On Friday, UnitedHealth shares fell under what would have ideally been a floor that tagged the December and March lows. It looked like the bulls would draw a line in the sand there, but they clearly didn't. * Yesterday was a bearish day, albeit not the worst kind. The worst kind would have happened after a prolonged rally. * The volume spike that accompanied yesterday's setback often indicates a capitulation, where the last of the sellers are flushed out and the first of the bargain hunters flood in. It could take a few days to determine if that's the way things are going to pan out though. Getting back above that technical floor will be the key. Western Digital (WDC)In late February, we pointed out Western Digital shares were acting like they were in recovery mode. Although the effort may have only been to close a gap, that action had the potential to put a bigger recovery move into place.That's exactly how things have taken shape in the meantime. While the bulls and the bears have continued to grapple even after closing the gap, yesterday's big gain may have dealt a decisive blow to the bearish pressure. It also pushed WDC stock above a key technical hurdle. Click to Enlarge * Although the gap has been closed, the rally didn't follow through straight-away. But, the slide back to the 50-day moving average line (highlighted) and push up and off of it may actually lay the better foundation. * The big win on Tuesday was the break above the white 200-day moving average line at $53.16. This is the first time Western Digital has been above it since the middle of 2018. * Zooming out to the weekly chart, it's easy to see WDC stock is no stranger to major moves once the 200-day moving average line is crossed.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 3 Big Stock Charts for Wednesday: Western Digital, UnitedHealth Group and Bank of America appeared first on InvestorPlace.
- Zacks•6 days ago
WellCare Unit Inks Deal to Serve Medicaid Liver Patients
WellCare's (WCG) unit inks a value-based deal to introduce the Hepatitis C Center of Excellence program for check-up and treatment of Medicaid members.
- Simply Wall St.•7 days ago
If You Had Bought Tenet Healthcare (NYSE:THC) Stock Five Years Ago, You'd Be Sitting On A 27% Loss, Today
It is doubtless a positive to see that the Tenet Healthcare Corporation (NYSE:THC) share price has gained some 38% in the last three months. But over the last half decade, the stock has not performed well. You would have d...
- MarketWatch•7 days ago
Here’s one way to tell if a company is overpaying its CEO
U.S. companies that use non-standard numbers to calculate executive compensation are overpaying their top managers, according to a new research report.
- Markit•13 days ago
See what the IHS Markit Score report has to say about Tenet Healthcare Corp.
Tenet Healthcare Corp NYSE:THCView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for THC with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on March 13. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding THC are favorable with net inflows of $72.21 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. Although THC credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they remain among the lowest levels seen during the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•13 days ago
Comeback Gives S&P an 8-Session Winning Streak
Comeback Gives S&P; an 8-Session Winning Streak
- Zacks•13 days ago
Are Investors Undervaluing Tenet Healthcare (THC) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Business Wire•18 days ago
Tenet to Report First Quarter Results on April 29
Tenet Healthcare Corporation (THC) plans to report results for its first quarter ended March 31, 2019 after the market close on Monday, April 29, 2019. Tenet Healthcare Corporation (THC) is a national diversified healthcare services company headquartered in Dallas, TX, with 110,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 65 hospitals and approximately 500 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers and other outpatient facilities.
- Zacks•20 days ago
Community Health to Sell Unit for Streamlining Operations
Community Health (CYH) to divest 245-bed Tennova Healthcare - Lebanon in Tennessee to focus on its profitable businesses.
- Business Wire•21 days ago
Detroit Medical Center and Meharry Medical College Expand Medical Student Training Affiliation
The Detroit Medical Center (DMC), and Meharry Medical College (MMC) based in Nashville, Tenn., today announced the expansion of their affiliation to provide additional medical education and training for Meharry students in the Metro Detroit area. This new, two-year agreement will increase the number of medical students across all DMC hospitals. Detroit Medical Center initially began accepting students into the program in July 2018.
- GlobeNewswire•21 days ago
Research Report Identifies Diamondrock Hospitality, Essex Property Trust, Tenet Healthcare, ARMOUR Residential REIT, Mack-Cali Realty, and Aratana Therapeutics with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
NEW YORK, April 01, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
- Zacks•26 days ago
Tenet (THC) Up 5.8% Since Last Earnings Report: Can It Continue?
Tenet (THC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks•last month
HCA Healthcare's Organic & Inorganic Strategies Drive Growth
A number of acquisitions, network expansion, technological investment and strong balance sheet drive growth at HCA Healthcare (HCA).
- Zacks•last month
5 Value Stocks With Impressive PEG Ratio
Going by the fundamentals of value investing, while picking undervalued stocks, investors need to focus on their earnings growth potential.
- Zacks•last month
Top Ranked Growth Stocks to Buy for March 18th
Top Ranked Growth Stocks to Buy for March 18th
- Zacks•last month
Tenet Healthcare (THC) Tops Q4 Earnings and Revenue Estimates
Tenet (THC) delivered earnings and revenue surprises of 112.50% and 2.87%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Zacks•last month
Is Tenet Healthcare (THC) a Good Stock for Value Investors?
Let's see if Tenet Healthcare Corporation (THC) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
- Zacks•last month
Here's Why You Should Add Tenet Healthcare to Your Portfolio
Riding high on a solid inorganic growth profile and divestitures, Tenet Healthcare (THC) holds ample chances of reaping benefits for investors.
- Business Wire•2 months ago
Tenet to Participate in the Barclays Global Healthcare Conference
Tenet Healthcare Corporation (THC) will participate in the Barclays Global Healthcare Conference in Miami on March 12, 2019. Tenet Healthcare Corporation (THC) is a national diversified healthcare services company headquartered in Dallas, TX, with 110,000 employees. Through an expansive care network that includes United Surgical Partners International, we operate 65 hospitals and approximately 500 other healthcare facilities, including surgical hospitals, ambulatory surgery centers, urgent care and imaging centers and other outpatient facilities.
- Zacks•2 months ago
Will Tenet Healthcare Continue to Surge Higher?
As of late, it has definitely been a great time to be an investor in Tenet Healthcare.
- Zacks•2 months ago
5 Excellent GARP Picks With Discounted PEG
Although PEG ratio is categorized under value investing, this strategy follows the principles of both growth and value investing.
- Zacks•2 months ago
S&P Below 2800 Again after Monday Selloff
S&P; Below 2800 Again after Monday Selloff
- CNBC Videos•6 days ago
Health care stocks are falling because investors aren't seeing a catalyst for the stocks, says analyst
Ana Gupte, SVB Leerink senior analyst, joins "The Exchange" to discuss why managed health care stocks are facing pressure.
