Tenet Healthcare Corp (THC): Today's Featured Health Services Loser

Tenet Healthcare (THC) pushed the Health Services industry lower today making it today's featured Health Services loser. The industry as a whole closed the day up 1%. By the end of trading, Tenet Healthcare fell 6 cents (-1.3%) to $4.61 on average volume. Throughout the day, 6.2 million shares of Tenet Healthcare exchanged hands as compared to its average daily volume of 6.3 million shares. The stock ranged in price between $4.59-$4.72 after having opened the day at $4.71 as compared to the previous trading day's close of $4.67. Other company's within the Health Services industry that declined today were: Dynacq Healthcare (DYII), down 21.2%, Escalon Medical Corporation (ESMC), down 14.2%, Concord Medical Services Holdings (CCM), down 9.1%, and Alliance HealthCare Services (AIQ), down 8.5%.

Tenet Healthcare Corporation, an investor-owned health care services company, owns and operates acute care hospitals, ambulatory surgery centers, diagnostic imaging centers, and related health care facilities in the United States. Tenet Healthcare has a market cap of $1.91 billion and is part of the health care sector. The company has a P/E ratio of 46.1, above the average health services industry P/E ratio of 41.9 and above the S&P 500 P/E ratio of 17.7. Shares are down 13.3% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Tenet Healthcare a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Tenet Healthcare as a hold. Among the primary strengths of the company is its revenue growth. At the same time, however, we also find weaknesses including deteriorating net income, generally poor debt management and disappointing return on equity.

• You can view the full Tenet Healthcare Ratings Report.

On the positive front, CombiMatrix Corporation (CBMX), up 26.5%, IsoRay (ISR), up 12.3%, Gentiva Health Services (GTIV), up 9.9%, and Tengion (TNGN), up 9.2%, were all gainers within the health services industry with Intuitive Surgical (ISRG) being today's featured health services industry winner.

• Use our health services section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider Health Care Select Sector SPDR (XLV) while those bearish on the health services industry could consider ProShares Ultra Short Health Care (RXD).

• Find other investment ideas from our top rated ETFs lists.

For more information on Tenet Healthcare Corp click any of the following:

• Tenet Healthcare Corp Stock Price

• Tenet Healthcare Corp Analyst Ratings

• Tenet Healthcare Corp Key Stats & Profile

• Tenet Healthcare Corp Earnings

• Tenet Healthcare Corp Ratio Comparison

• Tenet Healthcare Corp Growth Rates

• Tenet Healthcare Corp Balance Sheet

• Tenet Healthcare Corp Cash Flow

• Tenet Healthcare Corp Income Statement