Tenet Healthcare Corporation (THC) Scheduled to Post Earnings on Monday

Tenet Healthcare Corporation (NYSE:THC) is set to post its quarterly earnings results after the market closes on Monday, November 6th. Analysts expect Tenet Healthcare Corporation to post earnings of ($0.40) per share for the quarter.

Shares of Tenet Healthcare Corporation (NYSE THC) opened at $13.08 on Friday. The company has a current ratio of 1.24, a quick ratio of 1.17 and a debt-to-equity ratio of 14.23.

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A number of analysts have recently weighed in on THC shares. Deutsche Bank AG reissued a “buy” rating and set a $24.00 price objective (down previously from $28.00) on shares of Tenet Healthcare Corporation in a research note on Thursday, August 10th. Robert W. Baird reaffirmed a “buy” rating and issued a $23.00 price target on shares of Tenet Healthcare Corporation in a research note on Thursday, August 24th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $24.00 price target (down previously from $26.00) on shares of Tenet Healthcare Corporation in a research note on Tuesday, August 8th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $25.00 price target on shares of Tenet Healthcare Corporation in a research note on Tuesday, July 18th. Finally, Citigroup Inc reaffirmed a “hold” rating and issued a $16.00 price target on shares of Tenet Healthcare Corporation in a research note on Thursday, September 14th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $20.20.

About Tenet Healthcare Corporation

Tenet Healthcare Corporation (Tenet) is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets in the United States. The Company’s segments include Hospital Operations and Other, Ambulatory Care and Conifer. As of December 31, 2016, its subsidiaries operated 79 hospitals, including three academic medical centers, two children’s hospitals, two specialty hospitals and one critical access hospital.

Earnings History for Tenet Healthcare Corporation (NYSE:THC)

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