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NYSE: THC
TENET HEALTHCARE CORP Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for THC

Based on 17 analysts offering 12 month price targets for TENET HEALTHCARE CORP.
Min Forecast
$77.00+15.39%
Avg Forecast
$100.88+51.18%
Max Forecast
$125.00+87.32%

Should I buy or sell THC stock?

Based on 18 analysts offering ratings for TENET HEALTHCARE CORP.
Strong Buy
Strong Buy
11 analysts 61.11%
Buy
6 analysts 33.33%
Hold
1 analysts 5.56%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

THC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Bottom 8%
8
Strong BuyMaintains$90.00+34.87%2022-04-25
Deutsche Bank
Bottom 21%
21
Strong BuyMaintains$110.00+64.84%2022-04-22
Citigroup
Top 47%
54
Strong BuyMaintains$110.00+64.84%2022-04-22
Barclays
Bottom 7%
7
Strong BuyMaintains$104.00+55.85%2022-04-22
SVB Leerink
Bottom 12%
12
BuyMaintains$110.00+64.84%2022-04-22
RBC Capital
Bottom 28%
28
BuyMaintains$104.00+55.85%2022-04-22
Jefferies
Top 26%
75
Strong BuyMaintains$125.00+87.32%2022-03-07Find out why
Mizuho
Top 17%
84
Strong BuyMaintains$103.00+54.35%2022-03-03Find out why
Goldman Sachs
Bottom 18%
18
Strong BuyReinstatesN/AN/A2022-03-01
UBS
Top 43%
58
Strong BuyUpgrades$111.00+66.34%2022-02-10

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Forecast return on equity

Is THC forecast to generate an efficient return?
Company
97.73%
Industry
-125.71%
Market
32.81%
THC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is THC forecast to generate an efficient return on assets?
Company
3.87%
Industry
8.41%
THC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

THC earnings per share forecast

What is THC's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$6.68-25.11%
Avg 2 year Forecast
$7.37-17.38%
Avg 3 year Forecast
$9.27+3.92%
THC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

THC revenue forecast

What is THC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$19.8B+1%
Avg 2 year Forecast
$20.8B+6.08%
Avg 3 year Forecast
$22.0B+11.93%
THC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

THC earnings growth forecast

How is THC forecast to perform vs Medical Care Facilities companies and vs the US market?
Company
-0.1%
Industry
4.99%
Market
15.78%
THC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
THC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
THC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

THC revenue growth forecast

How is THC forecast to perform vs Medical Care Facilities companies and vs the US market?
Company
3.77%
Industry
8.34%
Market
9.2%
THC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
THC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

THC vs Medical Care Facility Stocks

TickerPricePrice TargetUp/downsideConsensus
THC$66.73$100.88+51.18%Strong Buy
CHE$484.71$585.50+20.79%Buy
AGL$18.75$36.33+93.78%Strong Buy
EHC$63.79$91.67+43.70%Strong Buy
ACHC$69.48$80.33+15.62%Buy
View Top Medical Care Facility Stocks

TENET HEALTHCARE Stock Forecast FAQ

Is TENET HEALTHCARE Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 18 Wall Street analysts covering (NYSE: THC) stock is to Strong Buy THC stock.

Out of 18 analysts, 11 (61.11%) are recommending THC as a Strong Buy, 6 (33.33%) are recommending THC as a Buy, 1 (5.56%) are recommending THC as a Hold, 0 (0%) are recommending THC as a Sell, and 0 (0%) are recommending THC as a Strong Sell.

What is THC's earnings growth forecast for 2022-2024?

(NYSE: THC) TENET HEALTHCARE's forecast annual earnings growth rate of -0.1% is not forecast to beat the US Medical Care Facilities industry's average forecast earnings growth rate of 4.99%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 15.78%.

TENET HEALTHCARE's earnings in 2022 is $957,000,000.On average, 6 Wall Street analysts forecast THC's earnings for 2022 to be $719,586,313, with the lowest THC earnings forecast at $689,424,013, and the highest THC earnings forecast at $749,748,614. On average, 7 Wall Street analysts forecast THC's earnings for 2023 to be $793,914,840, with the lowest THC earnings forecast at $606,477,686, and the highest THC earnings forecast at $971,656,968.

In 2024, THC is forecast to generate $998,587,594 in earnings, with the lowest earnings forecast at $931,799,642 and the highest earnings forecast at $1,078,302,245.

What is THC's revenue growth forecast for 2022-2024?

(NYSE: THC) TENET HEALTHCARE's forecast annual revenue growth rate of 3.77% is not forecast to beat the US Medical Care Facilities industry's average forecast revenue growth rate of 8.34%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

TENET HEALTHCARE's revenue in 2022 is $19,615,000,000.On average, 5 Wall Street analysts forecast THC's revenue for 2022 to be $2,134,024,130,061, with the lowest THC revenue forecast at $2,131,181,979,568, and the highest THC revenue forecast at $2,139,584,334,724. On average, 5 Wall Street analysts forecast THC's revenue for 2023 to be $2,241,514,382,346, with the lowest THC revenue forecast at $2,225,243,113,864, and the highest THC revenue forecast at $2,256,032,359,386.

In 2024, THC is forecast to generate $2,365,036,759,160 in revenue, with the lowest revenue forecast at $2,328,605,008,983 and the highest revenue forecast at $2,396,717,946,998.

What is THC's forecast return on assets (ROA) for 2022-2025?

(NYSE: THC) forecast ROA is 3.87%, which is lower than the forecast US Medical Care Facilities industry average of 8.41%.

What is THC's Price Target?

According to 17 Wall Street analysts that have issued a 1 year THC price target, the average THC price target is $100.88, with the highest THC stock price forecast at $125.00 and the lowest THC stock price forecast at $77.00.

On average, Wall Street analysts predict that TENET HEALTHCARE's share price could reach $100.88 by Apr 25, 2023. The average TENET HEALTHCARE stock price prediction forecasts a potential upside of 51.18% from the current THC share price of $66.73.

What is THC's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: THC) TENET HEALTHCARE's current Earnings Per Share (EPS) is $8.92. On average, analysts forecast that THC's EPS will be $6.68 for 2022, with the lowest EPS forecast at $6.40, and the highest EPS forecast at $6.96. On average, analysts forecast that THC's EPS will be $7.37 for 2023, with the lowest EPS forecast at $5.63, and the highest EPS forecast at $9.02. In 2024, THC's EPS is forecast to hit $9.27 (min: $8.65, max: $10.01).

What is THC's forecast return on equity (ROE) for 2022-2025?

(NYSE: THC) forecast ROE is 97.73%, which is considered strong.
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