Tenet Healthcare (NYSE:THC) Releases FY 2025 Earnings Guidance

Tenet Healthcare (NYSE:THC - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 11.740-12.840 for the period, compared to the consensus earnings per share estimate of 11.080. The company issued revenue guidance of $20.6 billion-$21.0 billion, compared to the consensus revenue estimate of $21.3 billion.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. reaffirmed an "overweight" rating and issued a $175.00 target price on shares of Tenet Healthcare in a research note on Tuesday, December 17th. Barclays reduced their target price on Tenet Healthcare from $190.00 to $161.00 and set an "overweight" rating on the stock in a research note on Thursday. StockNews.com downgraded Tenet Healthcare from a "buy" rating to a "hold" rating in a report on Thursday. Royal Bank of Canada boosted their price target on Tenet Healthcare from $174.00 to $183.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Finally, KeyCorp cut their price target on Tenet Healthcare from $200.00 to $185.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. Four investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $163.19.

Tenet Healthcare Price Performance

NYSE:THC traded down $0.17 during trading hours on Friday, reaching $133.40. 1,991,865 shares of the company's stock were exchanged, compared to its average volume of 951,949. The company has a market capitalization of $12.69 billion, a P/E ratio of 4.27, a price-to-earnings-growth ratio of 0.63 and a beta of 2.05. Tenet Healthcare has a 12 month low of $88.57 and a 12 month high of $171.20. The company has a quick ratio of 1.52, a current ratio of 1.58 and a debt-to-equity ratio of 2.35. The business's 50-day simple moving average is $133.32 and its two-hundred day simple moving average is $148.13.

Tenet Healthcare (NYSE:THC - Get Free Report) last issued its earnings results on Wednesday, February 12th. The company reported $3.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.95 by $0.49. Tenet Healthcare had a net margin of 14.91% and a return on equity of 24.05%. Sell-side analysts expect that Tenet Healthcare will post 11.37 EPS for the current fiscal year.

Tenet Healthcare Company Profile

Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States. The company operates through two segments: Hospital Operations and Services, and Ambulatory Care. Its general hospitals offer acute care services, operating and recovery rooms, radiology and respiratory therapy services, clinical laboratories, and pharmacies.