Zacks Research Predicts Higher Earnings for Tenet Healthcare

Tenet Healthcare Co. (NYSE:THC) – Equities research analysts at Zacks Research boosted their Q1 2025 earnings per share estimates for shares of Tenet Healthcare in a report released on Wednesday, February 26th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $3.05 for the quarter, up from their prior estimate of $2.94. The consensus estimate for Tenet Healthcare’s current full-year earnings is $12.24 per share. Zacks Research also issued estimates for Tenet Healthcare’s Q3 2025 earnings at $2.75 EPS, Q2 2026 earnings at $3.34 EPS, Q3 2026 earnings at $3.09 EPS, Q4 2026 earnings at $3.57 EPS, Q4 2026 earnings at $3.57 EPS and FY2027 earnings at $15.92 EPS.

Other equities research analysts have also issued research reports about the company. Cantor Fitzgerald reiterated an “overweight” rating and issued a $177.00 price target on shares of Tenet Healthcare in a research note on Thursday, February 13th. TD Cowen started coverage on Tenet Healthcare in a research note on Wednesday. They set a “buy” rating and a $175.00 target price on the stock. The Goldman Sachs Group downgraded Tenet Healthcare from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $196.00 to $140.00 in a research note on Monday, December 16th. Barclays reduced their price objective on shares of Tenet Healthcare from $190.00 to $161.00 and set an “overweight” rating on the stock in a research report on Thursday, February 13th. Finally, Truist Financial cut their target price on shares of Tenet Healthcare from $190.00 to $175.00 and set a “buy” rating for the company in a research note on Monday, January 6th. Three equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $163.88.

Tenet Healthcare Stock Performance

Shares of NYSE THC opened at $130.48 on Friday. The stock has a market cap of $12.41 billion, a PE ratio of 4.05, a price-to-earnings-growth ratio of 1.02 and a beta of 2.05. Tenet Healthcare has a 1 year low of $88.98 and a 1 year high of $171.20. The firm has a fifty day moving average price of $133.09 and a 200-day moving average price of $147.25. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.78 and a quick ratio of 1.70.

Tenet Healthcare (NYSE:THC) last posted its quarterly earnings data on Wednesday, February 12th. The company reported $3.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.95 by $0.49. Tenet Healthcare had a return on equity of 21.88% and a net margin of 15.48%.

Institutional Trading of Tenet Healthcare

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Coldstream Capital Management Inc. increased its position in Tenet Healthcare by 2.2% during the third quarter. Coldstream Capital Management Inc. now owns 3,406 shares of the company’s stock valued at $566,000 after acquiring an additional 74 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Tenet Healthcare by 9.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 940 shares of the company’s stock valued at $119,000 after purchasing an additional 80 shares during the last quarter. GeoWealth Management LLC lifted its stake in Tenet Healthcare by 39.8% in the fourth quarter. GeoWealth Management LLC now owns 295 shares of the company’s stock worth $37,000 after purchasing an additional 84 shares during the last quarter. Spire Wealth Management boosted its position in shares of Tenet Healthcare by 19.5% during the fourth quarter. Spire Wealth Management now owns 558 shares of the company’s stock valued at $70,000 after buying an additional 91 shares during the period. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of Tenet Healthcare by 1.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 5,619 shares of the company’s stock worth $732,000 after buying an additional 92 shares during the period. Hedge funds and other institutional investors own 95.44% of the company’s stock.

About Tenet Healthcare

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.