Is Tenet Healthcare Stock a Good Investment?
Tenet Healthcare Investment Advice | THC |
- Examine Tenet Healthcare's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Tenet Healthcare's leadership team and their track record. Good management can help Tenet Healthcare navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Providers & Services space and any emerging trends that could impact Tenet Healthcare's business and its evolving consumer preferences.
- Compare Tenet Healthcare's performance and market position to its competitors. Analyze how Tenet Healthcare is positioned in terms of product offerings, innovation, and market share.
- Check if Tenet Healthcare pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Tenet Healthcare's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tenet Healthcare stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tenet Healthcare is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Tenet Healthcare Stock
Researching Tenet Healthcare's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The book value of Tenet Healthcare was at this time reported as 43.86. The company has Price/Earnings To Growth (PEG) ratio of 0.56. Tenet Healthcare recorded earning per share (EPS) of 32.7. The entity last dividend was issued on the 13th of March 2000. The firm had 1:4 split on the 11th of October 2012.
To determine if Tenet Healthcare is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tenet Healthcare's research are outlined below:
| Tenet Healthcare generated a negative expected return over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors |
Tenet Healthcare uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Tenet Healthcare. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tenet Healthcare's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Tenet Healthcare's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 12.51 B.Tenet Healthcare's profitablity analysis
The company has Net Profit Margin of 0.15 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.17 %, which entails that for every 100 dollars of revenue, it generated $0.17 of operating income.Determining Tenet Healthcare's profitability involves analyzing its financial statements and using various financial metrics to determine if Tenet Healthcare is a good buy. For example, gross profit margin measures Tenet Healthcare's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tenet Healthcare's profitability and make more informed investment decisions.
Please note, the presentation of Tenet Healthcare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tenet Healthcare's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Tenet Healthcare's management manipulating its earnings.
Basic technical analysis of Tenet Stock
As of the 25th of February, Tenet Healthcare has the Variance of 5.33, coefficient of variation of (3,597), and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tenet Healthcare, as well as the relationship between them.Tenet Healthcare's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tenet Healthcare insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tenet Healthcare's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tenet Healthcare insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Tenet Healthcare's Outstanding Corporate Bonds
Tenet Healthcare issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tenet Healthcare uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tenet bonds can be classified according to their maturity, which is the date when Tenet Healthcare has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Pactiv 8375 percent Corp BondUS880394AE11 | View | |
| Pactiv 795 percent Corp BondUS880394AB71 | View | |
| THC 5125 01 NOV 27 Corp BondUS88033GDB32 | View | |
| THC 6125 01 OCT 28 Corp BondUS88033GDK31 | View | |
| THC 425 01 JUN 29 Corp BondUS88033GDM96 | View | |
| THC 4625 15 JUN 28 Corp BondUS88033GDH02 | View | |
| THC 625 01 FEB 27 Corp BondUS88033GDS66 | View | |
| THC 4375 15 JAN 30 Corp BondUS88033GDR83 | View |
Understand Tenet Healthcare's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Tenet Healthcare's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 1.66 | |||
| Coefficient Of Variation | (3,597) | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.33 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 12.1 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 2.88 | |||
| Skewness | (0.98) | |||
| Kurtosis | 3.54 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 1.66 | |||
| Coefficient Of Variation | (3,597) | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.33 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 12.1 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 2.88 | |||
| Skewness | (0.98) | |||
| Kurtosis | 3.54 |
Consider Tenet Healthcare's intraday indicators
Tenet Healthcare intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tenet Healthcare stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 47613.68 | |||
| Daily Balance Of Power | 0.6487 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 132.73 | |||
| Day Typical Price | 133.34 | |||
| Price Action Indicator | 3.34 | |||
| Period Momentum Indicator | 3.01 | |||
| Relative Strength Index | 53.55 |
Tenet Stock media impact
Far too much social signal, news, headlines, and media speculation about Tenet Healthcare that are available to investors today. That information is available publicly through Tenet media outlets and privately through word of mouth or via Tenet internal channels. However, regardless of the origin, that massive amount of Tenet data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Tenet Healthcare news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tenet Healthcare relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tenet Healthcare's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tenet Healthcare alpha.
Tenet Healthcare Corporate Directors
| Meghan FitzGerald | Independent Director | Profile | |
| Christopher Lynch | Independent Director | Profile | |
| Cecil Haney | Independent Director | Profile | |
| Nadja West | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Tenet Healthcare's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.