Tenet Healthcare Corporation - September 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Tenet Healthcare Corporation: Update to credit analysis following upgr...

Our credit view of this issuer reflects its considerable scale and its very good liquidity and favorable debt maturity profile, offset by its moderately high financial leverage.

Tenet Healthcare Corp: 1 director

A director at Tenet Healthcare Corp sold 4,000 shares at 155.936USD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...

Healthcare Update

Vermilion Compass: Weekly Equity Strategy

SPX Testing Resistance as Rate Cut Cycle Begins The S&P 500 (SPX) is back to test YTD highs and important resistance in the 5670-5783 range. This is an important target/resistance area we have discussed for weeks; using the 2007 SPX topping analog which has tracked the current market almost perfectly, it would suggest a 2% or less move above the prior all-time high set in July at 5670 before topping, which is where we get the 5783 number. As long as the SPX does not have a weekly close above 57...

Vermilion Compass: Weekly Equity Strategy

Upgrading Consumer Staples, Real Estate, and Health Care to Overweight; List of Concerns Continues to Grow Our long-term outlook remains neutral on the S&P 500 (SPX) as of our 8/6/24 Compass, after being bullish since early-November 2023. In late-July (7/30/24 Compass) we discussed expectations for a 1- to 4-month pullback/consolidation period on the SPX and Nasdaq 100 (QQQ), and at this point it seems likely to last closer to four months, and potentially 4- to 6-months from our selected 7/17/2...

Tenet Healthcare Corporation - June 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Vermilion Compass: Weekly Equity Strategy

Upgrading Health Care to Market Weight Breadth continues to improve and Russell 2000 (IWM) small-caps and the Dow remain bullish, all while the S&P 500 and Nasdaq 100 (QQQ) are going through a pullback/consolidation phase. Considering the Russell 2000 vs. S&P 500 ratio is reversing a 3.5-year downtrend, we expect this trend of small-cap outperformance to continue for months or longer. We will maintain our bullish view on small-caps (IWM) and the Dow as long as they remain above $210 and 39,800,...

Tenet Healthcare Corporation - March 2024 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Tenet Healthcare Corporation: Update to credit analysis

Our credit view of this issuer reflects its considerable scale and its very good liquidity and favorable debt maturity profile, offset by its moderately high financial leverage.

Moody's announces completion of a periodic review of ratings of Tenet ...

Moody's Ratings has completed a periodic review of the ratings of Tenet Healthcare Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 March 2024 in which Moody's reassessed the appropriateness of the ratings in the cont...

Tenet Healthcare Corporation - December 2023 (LTM): Peer Snapshot 

Compares key performance metrics against industry peers.

Vermilion Compass: Weekly Equity Strategy

Small Caps Outperform Despite "Hot" Inflation Reports In spite of last week's hotter-than-expected inflation reports (CPI and PPI), the S&P 500 remains above its 20-day MA, and, more notably, the Russell 2000 (IWM) outperformed relative to the SPX and QQQ, and ended the week at YTD weekly closing highs. Small-caps are supposed to fall and/or underperform if inflation is on the rise. When stocks do the opposite of what is expected of them, that is valuable information. The fact that small- and m...

Vermilion Compass: Weekly Equity Strategy

Monitoring Rising Treasury Yields & U.S. Dollar (DXY) The Fed wanting "greater confidence" that inflation is sustainably moving toward its 2% target signals a patient approach with respect to rate cuts, meaning a more restrictive policy than the market expected. This is disproportionately hitting small- and mid-caps which are more sensitive to higher interest rates. This suggests we could see further consolidation for small- and mid-caps, while large-cap indexes (S&P 500, Nasdaq 100, DJI) remai...

Tenet Healthcare Corporation - September 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Tenet Healthcare Corporation - June 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Tenet Healthcare Corporation: Covenant Quality Post-Sale Snapshot: $1,...

Tenet Healthcare Corporation's covenant package provides upper-tier HY-Lite protection, reflecting a covenant quality score of 5.00.

Tenet Healthcare Corporation - March 2023 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Moody's assigns B1 rating to Tenet Healthcare's senior secured notes

Moody's Investors Service ("Moody's") assigned a B1 rating to Tenet Healthcare Corporation's ("Tenet") proposed offering of $1.35 billion of senior secured first lien notes due 2031. There is no change to the company's B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating, B3 senior ...

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.