Professional
Added to YB: 2024-09-13
Pitch date: 2024-06-30
THC [bullish]
Tenet Healthcare Corporation
+70.11%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States.
Market Cap
$20.6B
Pitch Price
$134.08
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.80
P/E
15.12
EV/Sales
1.67
Sector
Health Care Providers and Services
Category
turnaround
Show full summary:
Meridian Contrarian Fund Portfolio Holding: Tenet Healthcare Corporation
THC: Top-10 US healthcare operator pivoting to high-margin outpatient surgery centers. Divesting hospitals to focus on this strategy. 26% return since late 2022 entry. Remains top 5 holding due to growth potential in surgery centers and attractive valuation despite market's short-term COVID concerns.
Read full article (1 min)