Tenet Healthcare Stock Fair Value – Polar Capital Holdings Plc Decreases Tenet Healthcare Co. Stake
December 9, 2023
🌥️Trending News
Tenet Healthcare ($NYSE:THC) Co. has been dealt a blow recently, as Polar Capital Holdings Plc have reduced their stake in the company. This has caused a noticeable decrease in the stock position of Tenet Healthcare Co. Tenet Healthcare Co. is a publicly traded healthcare services and hospital management company headquartered in Dallas, Texas. In addition to its healthcare services, Tenet also provides an array of other services such as hospice care, home health care, and managed care services. The reduction in stock position of Tenet Healthcare Co. by Polar Capital Holdings Plc is significant, and is bound to have an impact on both Tenet’s short-term and long-term success.
Although the exact details of the decrease are unclear, it is clear that this is not a positive sign for the future of the company. While there is no way to predict how this will affect the company in the future, investors should be cautious when considering investing in Tenet Healthcare Co.
Stock Price
Polar Capital Holdings Plc recently announced that they had decreased their stake in Tenet Healthcare Co., closing Wednesday at a 1.0% decrease from the previous closing price of 70.2. This decrease illustrates the waning confidence that Polar Capital Holdings Plc has in Tenet Healthcare Co., as they had previously held a strong stake in the company. Though the stock had initially opened strong, it soon took a turn for the worse and ultimately remained almost exactly the same as the day before. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Tenet Healthcare. More…
| Total Revenues | Net Income | Net Margin |
| 20.16k | 469 | 3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Tenet Healthcare. More…
| Operations | Investing | Financing |
| 1.97k | -942 | -1.18k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Tenet Healthcare. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 27.59k | 22.41k | 14.42 |
Key Ratios Snapshot
Some of the financial key ratios for Tenet Healthcare are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.8% | 25.4% | 11.5% |
| FCF Margin | ROE | ROA |
| 5.6% | 103.0% | 5.2% |
Analysis – Tenet Healthcare Stock Fair Value
At GoodWhale, we have conducted an analysis of the financials of TENET HEALTHCARE. After our research, we have calculated that the fair value of TENET HEALTHCARE’s share is around $69.7. This assessment was made using our proprietary Valuation Line. Currently, the share is trading at $69.5, which reflects a fair price and is very close to our estimated valuation. More…
Peers
Tenet Healthcare Corp is one of the leading healthcare services providers in the United States. The company offers a wide range of services including hospitals, clinics, and other health care facilities. The company has a strong presence in the US with over 80 hospitals and more than 500 outpatient centers. The company also has a strong international presence with operations in over 30 countries. The company’s main competitors are Medicover AB, Aashka Hospitals Ltd, and Life Healthcare Group Holdings Ltd.
– Medicover AB ($LTS:0RPS)
Medicover AB is a Swedish company that provides healthcare and medical services. It has a market cap of 20.62B as of 2022 and a Return on Equity of 13.71%. The company has a wide range of services including primary care, specialist care, medical examinations, and home care. It also offers a variety of insurance plans.
– Aashka Hospitals Ltd ($BSE:543346)
Aashka Hospitals Ltd is a healthcare company based in India. The company is engaged in the business of hospital operations, diagnostic services, and healthcare IT services. As of March 31, 2019, the company operated a network of 22 hospitals with a total capacity of 2,941 beds.
– Life Healthcare Group Holdings Ltd ($OTCPK:LTGHY)
The company has a market cap of 1.48B as of 2022 and a Return on Equity of 10.41%. The company focuses on providing healthcare services to patients in China. The company operates hospitals, clinics, and medical centers in China. The company offers a wide range of healthcare services, including general surgery, cardiology, oncology, and obstetrics and gynecology. The company has a strong focus on providing high-quality healthcare services to its patients. The company is headquartered in Shenzhen, China.
Summary
Polar Capital Holdings Plc recently reduced its stock position in Tenet Healthcare Co., a major diversified healthcare services company. The reduction in position indicates that Polar Capital is re-assessing its investment strategy for Tenet. Investors should take note of the change in Polar Capital’s position and consider the potential implications for their own investments in Tenet. Analysts are closely monitoring Tenet’s performance and financials, including its revenue, operating income, cash flows, debt levels, and competitive position.
Investors should assess these metrics and consider how the company’s strategic decisions may affect its performance and financials going forward. Tenet’s stock price movements should also be monitored as it could give insight into the company’s direction. Investors should also research Tenet’s competitors to better understand the competitive landscape and potential risks for Tenet.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
