Professional
Added to YB: 2024-09-13
Pitch date: 2024-06-30
THC [bullish]
Tenet Healthcare Corporation
+47.17%
current return
Author Info
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Company Info
Tenet Healthcare Corporation operates as a diversified healthcare services company in the United States.
Market Cap
$17.0B
Pitch Price
$134.08
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.19
P/E
13.24
EV/Sales
1.53
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)