Quantcast

Tenet Healthcare (THC) Catches Eye: Stock Up 14.6%


Shutterstock photo

Tenet Healthcare CorpTHC was a big mover last session, as the company saw its shares rise nearly 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company-as the stock is now down 21.6% in the past one-month time frame .

The company has seen eight negative estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Tenet Healthcare currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Tenet Healthcare Corporation Price and Consensus

Tenet Healthcare Corporation Price and Consensus | Tenet Healthcare Corporation Quote



A better-ranked stock in the Medical - Hospitalindustry is VCA, Inc . WOOF , which currently carries a Zacks Rank #2 (Buy). You can see  the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Is THC going up? Or down? Predict to see what others think: Up or Down

Zacks' 10-Minute Stock-Picking Secret

Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.

But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month.

Learn the secret >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Tenet Healthcare Corporation (THC): Free Stock Analysis Report

VCA Inc. (WOOF): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: THC ,


More from Zacks.com

Subscribe






Zacks.com
Contributor:

Zacks.com

Equity Research








Research Brokers before you trade

Want to trade FX?