P/E Ratio Insights for Tenet Healthcare
Portfolio Pulse from Benzinga Insights
Tenet Healthcare Inc. (NYSE:THC) shares are currently priced at $141.00, with a recent 0.88% increase. Despite a 13.30% drop over the past month, the stock has risen by 162.96% over the past year. The company's P/E ratio is lower than the industry average, suggesting potential undervaluation or weak growth prospects.
October 28, 2024 | 2:17 pm
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Tenet Healthcare's stock is currently priced at $141.00, with a recent increase of 0.88%. Despite a monthly decline, the stock has seen significant growth over the past year. Its P/E ratio is lower than the industry average, indicating potential undervaluation or weak growth prospects.
The article discusses Tenet Healthcare's current stock price and its P/E ratio compared to the industry average. The lower P/E ratio could indicate that the stock is undervalued or that it has weak growth prospects. This information is crucial for investors considering the stock's potential performance.
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