THC: Tenet Healthcare Corp.
About
Tenet Healthcare Corp. engages in the provision of healthcare services. It operates through the Hospital Operations and Other, and Ambulatory Care segments. The Hospital Operations and Other segment is composed of acute care hospitals, ancillary outpatient facilities, urgent care centers, micro hospitals and physician practices. The Ambulatory Care segment includes the operations of the USPI joint venture and the company's nine Aspen facilities in the United Kingdom. The company was founded in 1969 and is headquartered in Dallas, TX.
Current Value
$153.051 Year Return
Current Value
$153.051 Year Return
Key Details
Market Cap
$14.58B
P/E Ratio
4.91
1Y Stock Return
131.72%
1Y Revenue Growth
4.03%
Dividend Yield
0.00%
Price to Book
3.8
Strategies that include THC
Stock's related to THC
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HCA | 62.58% | $84.88B | +34.82% | 0.77% |
| UHS | 60.03% | $12.98B | +44.66% | 0.41% |
| EHC | 54.29% | $9.98B | +51.39% | 0.62% |
| SGRY | 48.11% | $2.89B | -28.97% | 0.00% |
| ESAB | 40.57% | $7.33B | +53.01% | 0.23% |
| FMS | 40.08% | $12.97B | +12.47% | 2.97% |
| LDOS | 39.38% | $21.12B | +49.80% | 0.96% |
| LTC | 39.05% | $1.75B | +19.49% | 5.93% |
| SEM | 39.03% | $4.79B | +59.80% | 1.35% |
| EVR | 37.87% | $11.45B | +108.92% | 1.04% |
| VFC | 37.65% | $7.51B | +16.70% | 1.89% |
| VCEL | 37.62% | $2.76B | +55.60% | 0.00% |
| OC | 37.61% | $16.65B | +48.56% | 1.23% |
| TKR | 37.60% | $5.15B | +0.82% | 1.84% |
| UFPI | 37.53% | $7.78B | +17.42% | 1.01% |
| MIDD | 37.49% | $7.33B | +10.42% | 0.00% |
| CVCO | 37.48% | $3.82B | +69.11% | 0.00% |
| ESTA | 37.45% | $968.33M | +54.98% | 0.00% |
| FR | 37.39% | $7.01B | +17.57% | 2.72% |
| ABCB | 37.34% | $4.75B | +62.51% | 0.88% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ZH | 0.10% | $333.09M | -40.59% | 0.00% |
| TBPH | -0.12% | $487.81M | -3.50% | 0.00% |
| AMC | 0.20% | $1.63B | -34.74% | 0.00% |
| IRWD | -0.28% | $609.71M | -59.34% | 0.00% |
| GIS | -0.41% | $34.85B | -2.91% | 3.78% |
| AIFU | -0.44% | $67.49M | -83.02% | 0.00% |
| AFL | 0.47% | $61.74B | +35.69% | 1.35% |
| SEAT | 0.64% | $478.73M | -52.29% | 0.00% |
| LFWD | 0.67% | $16.21M | -63.99% | 0.00% |
| KNDI | -0.69% | $96.53M | -60.11% | 0.00% |
| IMKTA | 0.80% | $1.30B | -13.30% | 0.96% |
| XNET | -0.92% | $123.61M | +26.62% | 0.00% |
| CHGG | -1.01% | $175.24M | -83.42% | 0.00% |
| MSI | 1.06% | $81.46B | +52.34% | 0.80% |
| MESO | -1.08% | $1.23B | +347.11% | 0.00% |
| THG | 1.11% | $5.88B | +36.24% | 2.08% |
| QNTM | 1.17% | $9.19M | -94.36% | 0.00% |
| API | -1.18% | $299.01M | +33.12% | 0.00% |
| BEST | -1.20% | $31.65M | +3.88% | 0.00% |
| HCI | 1.22% | $1.16B | +29.00% | 1.48% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CHKP | -21.70% | $19.20B | +20.74% | 0.00% |
| CVI | -20.51% | $1.89B | -40.56% | 7.98% |
| TPST | -19.45% | $37.75M | -77.59% | 0.00% |
| JBI | -18.79% | $1.00B | -31.76% | 0.00% |
| CECO | -17.26% | $1.04B | +48.90% | 0.00% |
| UNH | -13.34% | $531.00B | +6.93% | 1.37% |
| CBOE | -12.78% | $21.46B | +15.84% | 1.11% |
| IEP | -12.42% | $5.70B | -31.12% | 31.39% |
| RDY | -12.39% | $11.97B | +5.10% | 3.31% |
| EDSA | -12.27% | $7.11M | -21.79% | 0.00% |
| MSDL | -11.38% | $1.83B | +0.66% | 7.26% |
| CME | -11.26% | $82.76B | +9.21% | 1.98% |
| HUSA | -10.82% | $16.69M | -11.56% | 0.00% |
| CVS | -10.82% | $70.18B | -18.08% | 4.72% |
| OCSL | -10.70% | - | - | 14.23% |
| CYCN | -10.62% | $4.77M | -16.19% | 0.00% |
| MNR | -10.18% | $1.66B | -10.71% | 15.90% |
| RNR | -8.75% | $13.74B | +23.09% | 0.58% |
| DQ | -8.61% | $1.20B | -29.81% | 0.00% |
| JBLU | -8.37% | $2.07B | +41.57% | 0.00% |
ETF's related to THC
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| QVAL | 45.39% | $378.46M | 0.29% |
| AIRR | 44.69% | $2.51B | 0.7% |
| IWO | 44.63% | $12.56B | 0.24% |
| IWC | 44.41% | $933.99M | 0.6% |
| SMIG | 44.14% | $683.20M | 0.6% |
| FXH | 43.06% | $1.15B | 0.62% |
| DON | 42.99% | $3.90B | 0.38% |
| PSC | 42.90% | $702.17M | 0.38% |
| SPSM | 42.90% | $12.72B | 0.03% |
| PTH | 40.47% | $143.31M | 0.6% |
| EZM | 39.21% | $823.84M | 0.38% |
| PRFZ | 38.45% | $2.65B | 0.39% |
| VTWO | 38.40% | $12.38B | 0.1% |
| IWM | 38.37% | $75.73B | 0.19% |
| XMMO | 36.46% | $2.99B | 0.34% |
| IHE | 35.96% | $596.23M | 0.39% |
| CGDG | 35.96% | $1.35B | 0.47% |
| RSPH | 35.74% | $885.96M | 0.4% |
| REET | 35.63% | $3.83B | 0.14% |
| IJK | 35.60% | $9.56B | 0.17% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| WEAT | 0.11% | $120.27M | 0.28% |
| YEAR | 0.13% | $1.13B | 0.25% |
| SGOV | -0.24% | $27.53B | 0.09% |
| MINT | 0.27% | $11.62B | 0.35% |
| SMB | -0.36% | $266.77M | 0.07% |
| CSHI | -0.52% | $482.85M | 0.38% |
| THTA | 0.57% | $32.20M | 0.49% |
| CCOR | 0.59% | $109.04M | 1.18% |
| TBIL | 0.68% | $4.38B | 0.15% |
| ULST | 0.92% | $535.47M | 0.2% |
| XHLF | 1.60% | $874.27M | 0.03% |
| VNLA | 1.64% | $2.27B | 0.23% |
| AGZD | 1.98% | $142.76M | 0.23% |
| IBMM | -2.12% | $391.28M | 0.18% |
| SHV | 2.18% | $18.13B | 0.15% |
| DFSD | 2.31% | $3.63B | 0.16% |
| CANE | 2.49% | $17.72M | 0.29% |
| GBIL | 2.70% | $5.60B | 0.12% |
| SOYB | 3.10% | $27.32M | 0.22% |
| UNG | -3.13% | $908.80M | 1.06% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -23.02% | $388.04M | 1.43% |
| USDU | -21.10% | $201.97M | 0.5% |
| UUP | -19.22% | $309.25M | 0.77% |
| VIXY | -18.16% | $195.31M | 0.85% |
| EQLS | -11.42% | $76.08M | 1% |
| TAIL | -8.80% | $67.98M | 0.59% |
| BOXX | -7.64% | $4.43B | 0.1949% |
| FLTR | -7.61% | $1.79B | 0.14% |
| FLRN | -7.44% | $2.33B | 0.15% |
| BILZ | -7.25% | $563.02M | 0.14% |
| JUCY | -7.23% | $324.29M | 0.6% |
| BSCO | -7.12% | $2.35B | 0.1% |
| CTA | -6.72% | $350.27M | 0.78% |
| TPMN | -6.45% | $40.60M | 0.65% |
| CLOI | -6.10% | $715.40M | 0.4% |
| HDRO | -5.82% | $164.26M | 0.3% |
| XBIL | -5.30% | $637.70M | 0.15% |
| KMLM | -5.25% | $353.87M | 0.9% |
| DBA | -3.24% | $755.88M | 0.93% |
| UNG | -3.13% | $908.80M | 1.06% |
News
Yahoo
The prospect of Dr. Mehmet Oz atop the Centers for Medicare and Medicaid Services sparked enthusiasm among managed-care investors, sending up shares of UnitedHealth and Humana Wednesday. Hospital investors were on the opposite side, pushing down the stocks of HCA and Tenet. The TV personality has been a cheerleader for private Medicare plans in the past, fueling a rise among companies that focus on those products.
Yahoo
THC actively invests in selected AI-enabled technologies, which are expected to enhance the clinical and administrative workflow and efficiency.
Yahoo
The AI platform automates tasks such as data collection, documentation, and care delivery.
Yahoo
MOUNTAIN VIEW, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Commure, a leader in healthcare technology innovation, announced today that Tenet Healthcare Corporation (NYSE: THC), one of the nation’s largest healthcare providers, has selected Commure Scribe, an ambient AI platform, to be launched across its employed physician network, Tenet Physician Resources. This relationship solidifies Commure as the most comprehensive platform solution provider for AI within health systems. Its reach includes te
SeekingAlpha
November dashboard shows the healthcare sector is overvalued by 18% relative to 11-yr averages; pharma/biotech and healthcare equipment, the most overpriced.
Yahoo
BKD's Q3 results reflect higher marketing costs and lower interest income. Revenues and other operating income improve 3.5% year over year, driven by increased occupancy and RevPOR.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.