Tenet Healthcare Stock Target Price and Analyst Consensus

THC
 Stock
  

USD 44.46  1.72  3.72%   

The current analyst and expert consensus on Tenet Healthcare is Buy with 5 hold recommendations. The current projected Tenet Healthcare target price consensus is 92.23 with 13 analyst opinions. One of the most common ways Tenet Healthcare analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Tenet Healthcare vendors, executives, and/or customers. Tenet Healthcare recommendation module provides expert sentiment on the projected Tenet Healthcare target price to derive its highest and lowest estimates based on target price standard deviation of 10.94. Additionally, take a look at Macroaxis Advice on Tenet Healthcare to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
The current year Gross Profit is expected to grow to about 19.1 B. The current year Profit Margin is expected to grow to 5.06. Tenet Healthcare Assets Non Current are projected to increase significantly based on the last few years of reporting. The past year's Assets Non Current were at 17.5 Billion. The current year Cash and Equivalents is expected to grow to about 2.6 B, whereas Inventories is forecasted to decline to about 317.9 M.

Tenet Healthcare Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tenet target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts performance other than comparing it to the past results via a very sophisticated attribution analysis. Tenet target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions14
Lowered Outlook0
Raized Outlook0
Buy
Most Tenet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tenet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tenet Healthcare, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Tenet Healthcare Target Price Projection

Tenet Healthcare's current and average target prices are 44.46 and 92.23, respectively. The current price of Tenet Healthcare is the price at which Tenet Healthcare is currently trading. On the other hand, Tenet Healthcare's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Tenet Healthcare Market Quote on 1st of December 2022

Low Price43.91Odds
High Price45.55Odds

44.46

Target Price

Analyst Consensus On Tenet Healthcare Target Price

Low Estimate80.0Odds
High Estimate120.0Odds
Number of Analysts13
Standard Deviation10.94

92.23

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Tenet Healthcare and the information provided on this page.

Tenet Healthcare Analyst Ratings

Tenet Healthcare's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Tenet Healthcare stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Tenet Healthcare's financials, market performance, and future outlook by experienced professionals. Tenet Healthcare's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Tenet Healthcare Target Price Projections

Tenet Healthcare's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Tenet Healthcare and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Tenet depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Tenet Healthcare including analysis of its current option contracts.
Tenet Healthcare's latest option contracts expiring on 2022-12-02 are carrying combined implied volatility of 95.81 with a put-to-call open interest ratio of 9.97 over 86 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-12-02. The current put volume is at 128, with calls trading at the volume of 88. This yields a 1.45 put-to-call volume ratio. The Tenet Healthcare option chain provides detailed quote and price information for the current Tenet Healthcare option contracts. It shows all of Tenet Healthcare's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-02 Option Contracts

Tenet Healthcare option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Tenet Healthcare's lending market. For example, when Tenet Healthcare's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Tenet Healthcare, he or she must hedge the risk by shorting Tenet Healthcare stock over its option's life.
The chart above shows Tenet Healthcare's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Tenet Healthcare's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Tenet Healthcare's option, there is no secondary market available for investors to trade.

Tenet Healthcare Maximum Pain Price across 2022-12-02 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Tenet Healthcare close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Tenet Healthcare's stock options are financial instruments that give investors the right to buy or sell shares of Tenet Healthcare common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Tenet stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Tenet Healthcare's stock price goes up or down, the stock options follow.
Additionally, take a look at Macroaxis Advice on Tenet Healthcare to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Tenet Healthcare In The Money Call Balance

When Tenet Healthcare's strike price is surpassing the current stock price, the option contract against Tenet Healthcare stock is said to be in the money. When it comes to buying Tenet Healthcare's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Tenet Healthcare are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Tenet Current Options Market Mood

Tenet Healthcare's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Tenet Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Tenet Healthcare's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Tenet Healthcare's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Tenet Healthcare's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Tenet Healthcare Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Tenet Healthcare is a key component of Tenet Healthcare valuation and have some predictive power on the future returns of a Tenet Healthcare.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tenet Healthcare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Tenet Healthcare in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
41.0746.4951.91
Details
Intrinsic
Valuation
LowReal ValueHigh
41.5655.6161.03
Details
Naive
Forecast
LowNext ValueHigh
42.1347.5452.96
Details
Earnings
Estimates (8)
LowProjected EPSHigh
6.056.457.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tenet Healthcare. Your research has to be compared to or analyzed against Tenet Healthcare's peers to derive any actionable benefits. When done correctly, Tenet Healthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tenet Healthcare.

Additional Tenet Healthcare Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Tenet Healthcare is a key component of Tenet Healthcare valuation and have some predictive power on the future returns of a Tenet Healthcare.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Tenet Healthcare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Tenet Healthcare in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
41.0746.4951.91
Details
Intrinsic
Valuation
LowReal ValueHigh
41.5655.6161.03
Details
Naive
Forecast
LowNext ValueHigh
42.1347.5452.96
Details
Earnings
Estimates (8)
LowProjected EPSHigh
6.056.457.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Tenet Healthcare. Your research has to be compared to or analyzed against Tenet Healthcare's peers to derive any actionable benefits. When done correctly, Tenet Healthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Tenet Healthcare.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested few shares
Additionally, take a look at Macroaxis Advice on Tenet Healthcare to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. Note that the Tenet Healthcare information on this page should be used as a complementary analysis to other Tenet Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Tenet Healthcare price analysis, check to measure Tenet Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenet Healthcare is operating at the current time. Most of Tenet Healthcare's value examination focuses on studying past and present price action to predict the probability of Tenet Healthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tenet Healthcare's price. Additionally, you may evaluate how the addition of Tenet Healthcare to your portfolios can decrease your overall portfolio volatility.
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The data published in Tenet Healthcare's official financial statements usually reflect Tenet Healthcare's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Tenet Healthcare. For example, before you start analyzing numbers published by Tenet accountants, it's critical to develop an understanding of what Tenet Healthcare's liquidity, profitability, and earnings quality are in the context of the Health Care Providers & Services space in which it operates.
Please note, the presentation of Tenet Healthcare's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Tenet Healthcare's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Tenet Healthcare's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Tenet Healthcare. Please utilize our Beneish M Score to check the likelihood of Tenet Healthcare's management to manipulate its earnings.