An Evaluation Of Tenet Healthcare Corp. (NYSE: THC) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

THC belongs to the Healthcare sector of the NYSE while operating in the Medical Care Facilities industry. The current market capitalization of Tenet Healthcare Corp. is $13.06B. A total of 1.21 million shares were traded on the day, compared to an average of 1.26M shares.

In the most recent transaction, KERREY J ROBERT sold 9,500 shares of THC for 133.40 per share on May 31 ’24. After the transaction, the Director now owns 0 company shares. In a previous transaction on May 30 ’24, KERREY J ROBERT sold 14,322 shares at 134.01 per share. THC shares that Director owns now total 46,403.

Among the insiders who sold shares, Lynch Christopher S. disposed of 10,861 shares on May 30 ’24 at a per-share price of $133.83. This resulted in the Director holding 14,759 shares of THC after the transaction. In another insider transaction, West Nadja sold 1,782 shares at $126.41 per share on May 09 ’24. Company shares held by the Director now total 29,680.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, THC has a high of $136.80 and a low of $51.04.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. THC’s latest balance sheet shows that the firm has $2.36B in Cash & Short Term Investments as of fiscal 2021. There were $15.65B in debt and $5.11B in liabilities at the time. Its Book Value Per Share was $35.35, while its Total Shareholder’s Equity was $4.26B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for THC is Buy with a score of 4.83.

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