There’s No Need To Panic Or Freeze When It Comes To Tenet Healthcare Corp (NYSE: THC)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

The company is listed on the NYSE and operates within the Medical Care Facilities industry segment. The current market capitalization of Tenet Healthcare Corp is $12.80B. A total of 1.39 million shares were traded on the day, compared to an average of 1.36M shares.

In the most recent transaction, Foo Lisa Y sold 4,000 shares of THC for 155.94 per share on Oct 31 ’24. After the transaction, the EVP, Commercial Ops now owns 15,566 company shares. In a previous transaction on Oct 31 ’24, Foo Lisa Y bought 4,000 shares at 155.93 per share.

Among the insiders who sold shares, Ramsey R. Scott disposed of 11,599 shares on Sep 05 ’24 at a per-share price of $162.06. This resulted in the Principal Accounting Officer holding 6,324 shares of THC after the transaction. In another insider transaction, FISHER RICHARD W sold 2,000 shares at $163.67 per share on Aug 27 ’24. Company shares held by the Director now total 14,227.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, THC has a high of $171.20 and a low of $88.98.

As of this writing, THC has an earnings estimate of $3.15 per share for the current quarter. EPS was calculated based on a consensus of 15.0 estimates, with a high estimate of $3.68 per share and a lower estimate of $2.77.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $43.85, while its Total Shareholder’s Equity was $4.26B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.56.

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