NYSE:TNET TriNet Group (TNET) Stock Forecast, Price & News $114.69 -1.43 (-1.23%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$114.63▼$116.5250-Day Range$95.66▼$118.0452-Week Range$60.60▼$118.63Volume250,265 shsAverage Volume989,477 shsMarket Capitalization$6.84 billionP/E Ratio20.66Dividend YieldN/APrice Target$99.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TriNet Group MarketRank™ ForecastAnalyst RatingHold2.20 Rating ScoreUpside/Downside13.1% Downside$99.67 Price TargetShort InterestBearish8.51% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.23Based on 4 Articles This WeekInsider TradingSelling Shares$366.92 M Sold Last QuarterProj. Earnings Growth-13.30%From $6.09 to $5.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.46 out of 5 starsBusiness Services Sector280th out of 309 stocksBusiness Services, Not Elsewhere Classified Industry80th out of 89 stocks 1.1 Analyst's Opinion Consensus RatingTriNet Group has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 2 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $99.67, TriNet Group has a forecasted downside of 13.1% from its current price of $114.69.Amount of Analyst CoverageTriNet Group has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.51% of the float of TriNet Group has been sold short.Short Interest Ratio / Days to CoverTriNet Group has a short interest ratio ("days to cover") of 7.8.Change versus previous monthShort interest in TriNet Group has recently increased by 330.91%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldTriNet Group does not currently pay a dividend.Dividend GrowthTriNet Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TNET. Previous Next 3.5 News and Social Media Coverage News SentimentTriNet Group has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 4 news articles for TriNet Group this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for TNET on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows3 people have added TriNet Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TriNet Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $366,922,222.00 in company stock.Percentage Held by Insiders37.40% of the stock of TriNet Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions93.58% of the stock of TriNet Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TriNet Group are expected to decrease by -13.30% in the coming year, from $6.09 to $5.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TriNet Group is 20.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.01.Price to Earnings Ratio vs. SectorThe P/E ratio of TriNet Group is 20.66, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 20.17.Price to Book Value per Share RatioTriNet Group has a P/B Ratio of 9.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TriNet Group (NYSE:TNET) StockTriNet Group, Inc. provides human resources (HR) consulting services, employee benefit options, payroll services, and employment risk mitigation services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services. It also provides technology platform, an online and mobile tool that allows users to store, view, and manager HR information and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. The company was incorporated in 1988 and is headquartered in Dublin, California.Read More TNET Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TNET Stock News HeadlinesSeptember 24, 2023 | finance.yahoo.comTriNet Group (NYSE:TNET) Looks To Prolong Its Impressive ReturnsSeptember 14, 2023 | americanbankingnews.comTriNet Group, Inc. (NYSE:TNET) Receives Average Rating of "Hold" from BrokeragesSeptember 24, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 12, 2023 | finance.yahoo.comTriNet Announces New Products and Partnerships Including Solutions for the Global Workforce and Independent ContractorsSeptember 12, 2023 | finance.yahoo.comTriNet President and Chief Executive Officer Burton M. Goldfield to Discuss Current State of Small and Medium-Size Businesses at TriNet PeopleForce 2023September 11, 2023 | markets.businessinsider.comTrinet's Tender Offering Creates A Path For Share Buyback & Dividend Boost: AnalystSeptember 11, 2023 | markets.businessinsider.com7 Analysts Have This to Say About Trinet GroupSeptember 7, 2023 | finance.yahoo.comTony Award-Winner Myles Frost, Country Music Artist Lauren Davidson, and South Africa's Mzansi Youth Choir to Perform at TriNet PeopleForce 2023September 24, 2023 | Chaikin Analytics (Ad)His system isolated NVIDIA - Here's His Next Buy.Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.September 6, 2023 | finance.yahoo.comTriNet Announces Additional Speakers for TriNet PeopleForce 2023 Including Six TriNet Customers More Too Life, JOAN Creative, Happiest Baby, Zap Surgical Systems, Mission Asset Fund, and TalkspaceSeptember 3, 2023 | finance.yahoo.comIs TriNet Group, Inc.'s (NYSE:TNET) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?August 31, 2023 | prnewswire.comTriNet Group, Inc. Announces Final Results of its Fixed Price Tender OfferAugust 31, 2023 | msn.comTriNet Group (TNET) Is Up 0.68% in One Week: What You Should KnowAugust 30, 2023 | msn.comTriNet Group (TNET) Price Target Increased by 6.86% to 111.18August 24, 2023 | finance.yahoo.comU.S. Small Business Administrator Isabella Casillas Guzman to Speak at TriNet PeopleForce 2023August 22, 2023 | msn.comJP Morgan Maintains TriNet Group (TNET) Underweight RecommendationAugust 22, 2023 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Trinet GroupAugust 17, 2023 | finance.yahoo.comTriNet Announces Speakers for TriNet PeopleForce 2023 Including Multi-Faceted Entrepreneur Ryan Reynolds and Global Humanitarian Ashley JuddAugust 16, 2023 | finance.yahoo.comInsider Sell: Trinet Group Inc CEO Burton Goldfield Sells 3,954 SharesAugust 10, 2023 | finance.yahoo.comTriNet Announces Additional Speakers for TriNet PeopleForce 2023 Including Award-Winning Actress Goldie Hawn and Pulitzer Prize-Winning Investigative Reporter Ronan FarrowAugust 10, 2023 | finance.yahoo.comInvesting in TriNet Group (NYSE:TNET) five years ago would have delivered you a 84% gainAugust 8, 2023 | msn.comTriNet upgraded to Buy at TD Cowen as fundamentals, execution clickAugust 8, 2023 | nasdaq.comTD Cowen Upgrades TriNet Group (TNET)August 3, 2023 | finance.yahoo.comTriNet Announces Pricing of Private Offering of $400 Million of Senior Notes due 2031August 3, 2023 | finance.yahoo.comTriNet Unveils First Wave of Speakers for TriNet PeopleForce 2023 Including World Champion and Mental Health Advocate Michael PhelpsAugust 2, 2023 | msn.comTriNet Group (TNET) Price Target Increased by 5.15% to 104.04August 1, 2023 | finance.yahoo.comTriNet Group, Inc. Commences a Fixed Price Tender Offer to Repurchase up to 5,981,308 Shares (Representing Approximately $640 million in Value of Shares)See More Headlines Receive TNET Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TriNet Group and its competitors with MarketBeat's FREE daily newsletter. Email Address TNET Company Calendar Last Earnings7/26/2023Today9/24/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:TNET CUSIPN/A CIK937098 Webwww.trinet.com Phone(510) 352-5000Fax510-352-6480Employees3,600Year FoundedN/APrice Target and Rating Average Stock Price Forecast$99.67 High Stock Price Forecast$135.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside-13.1%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$5.55 Trailing P/E Ratio20.66 Forward P/E Ratio18.83 P/E GrowthN/ANet Income$355 million Net Margins6.91% Pretax Margin9.28% Return on Equity45.40% Return on Assets11.30% Debt Debt-to-Equity Ratio0.54 Current Ratio1.28 Quick Ratio1.28 Sales & Book Value Annual Sales$4.89 billion Price / Sales1.40 Cash Flow$8.45 per share Price / Cash Flow13.57 Book Value$12.45 per share Price / Book9.21Miscellaneous Outstanding Shares59,680,000Free Float37,360,000Market Cap$6.84 billion OptionableOptionable Beta1.16 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Burton M. Goldfield (Age 67)Pres, CEO & Director Comp: $2.46MMs. Kelly Lee Tuminelli (Age 54)Exec. VP & CFO Comp: $1.32MMs. Samantha Wellington (Age 45)Exec. VP of Bus. Affairs, Chief Legal Officer & Sec. Comp: $1.19MMr. Alex Warren (Age 50)Sr. VP & Chief Revenue Officer Comp: $808.58kMr. Jay Venkat (Age 45)Exec. VP and Chief Digital & Innovation Officer Comp: $1.66MMr. Jeff HaywardChief Technology OfficerMr. Alex BauerExec. Director of Investor RelationsMr. Michael Mendenhall (Age 61)Sr. VP, Chief Marketing Officer & Chief Communications Officer Mr. Jonathan LecompteSr. VP & Chief Sales OfficerMs. Catherine Mary Wragg (Age 52)Sr. VP of HR More ExecutivesKey CompetitorsDLocalNASDAQ:DLOWEXNYSE:WEXExlServiceNASDAQ:EXLSWestern UnionNYSE:WUShift4 PaymentsNYSE:FOURView All CompetitorsInsiders & InstitutionsKelly L TuminelliSold 4,253 sharesTotal: $474,166.97 ($111.49/share)Samantha WellingtonSold 10,225 sharesTotal: $1.14 M ($111.19/share)Ralph A ClarkSold 1,000 sharesTotal: $110,870.00 ($110.87/share)Burton M GoldfieldSold 3,164 sharesTotal: $339,307.36 ($107.24/share)Burton M GoldfieldSold 8,972 sharesTotal: $953,185.28 ($106.24/share)View All Insider TransactionsView All Institutional Transactions TNET Stock - Frequently Asked Questions Should I buy or sell TriNet Group stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TNET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNET, but not buy additional shares or sell existing shares. View TNET analyst ratings or view top-rated stocks. What is TriNet Group's stock price forecast for 2023? 5 analysts have issued twelve-month price objectives for TriNet Group's stock. Their TNET share price forecasts range from $70.00 to $135.00. On average, they expect the company's stock price to reach $99.67 in the next year. This suggests that the stock has a possible downside of 13.1%. View analysts price targets for TNET or view top-rated stocks among Wall Street analysts. How have TNET shares performed in 2023? TriNet Group's stock was trading at $67.80 on January 1st, 2023. Since then, TNET shares have increased by 69.2% and is now trading at $114.69. View the best growth stocks for 2023 here. Are investors shorting TriNet Group? TriNet Group saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 4,740,000 shares, an increase of 330.9% from the August 15th total of 1,100,000 shares. Based on an average daily volume of 606,800 shares, the days-to-cover ratio is presently 7.8 days. Currently, 8.5% of the shares of the stock are sold short. View TriNet Group's Short Interest. When is TriNet Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023. View our TNET earnings forecast. How were TriNet Group's earnings last quarter? TriNet Group, Inc. (NYSE:TNET) announced its quarterly earnings results on Wednesday, July, 26th. The business services provider reported $1.52 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.45. The business services provider had revenue of $341 million for the quarter, compared to analysts' expectations of $310.34 million. TriNet Group had a trailing twelve-month return on equity of 45.40% and a net margin of 6.91%. What ETFs hold TriNet Group's stock? ETFs with the largest weight of TriNet Group (NYSE:TNET) stock in their portfolio include SRH U.S. Quality ETF (SRHQ), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Harbor Small Cap Explorer ETF (QWST), First Trust Active Factor Mid Cap ETF (AFMC) and RiverNorth Patriot ETF (FLDZ).Dimensional U.S. Small Cap ETF (DFAS). What guidance has TriNet Group issued on next quarter's earnings? TriNet Group updated its third quarter 2023 earnings guidance on Thursday, July, 27th. The company provided earnings per share guidance of $1.25-$1.50 for the period, compared to the consensus EPS estimate of $1.19. The company issued revenue guidance of $1.23 billion-$1.24 billion, compared to the consensus revenue estimate of $1.25 billion. What is Burton M. Goldfield's approval rating as TriNet Group's CEO? 429 employees have rated TriNet Group Chief Executive Officer Burton M. Goldfield on Glassdoor.com. Burton M. Goldfield has an approval rating of 80% among the company's employees. What other stocks do shareholders of TriNet Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include NVIDIA (NVDA), Home Depot (HD), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Block (SQ), Verizon Communications (VZ) and Applied Materials (AMAT). What is TriNet Group's stock symbol? TriNet Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNET." Who are TriNet Group's major shareholders? TriNet Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Cantillon Capital Management LLC (5.84%), BlackRock Inc. (4.37%), Dimensional Fund Advisors LP (2.35%), Earnest Partners LLC (1.87%), State Street Corp (1.33%) and Geode Capital Management LLC (1.17%). Insiders that own company stock include Alexander G Warren, Burton M Goldfield, Burton M Goldfield, Edward Griese, H Raymond Bingham, Jonathan D Lee, Kelly L Tuminelli, LP Agi-T, Martin Babinec, Olivier Kohler, Paul Edward Chamberlain, Ralph A Clark, Samantha Wellington, Stephen Davis and Wayne B Lowell. View institutional ownership trends. How do I buy shares of TriNet Group? Shares of TNET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TriNet Group's stock price today? One share of TNET stock can currently be purchased for approximately $114.69. How much money does TriNet Group make? TriNet Group (NYSE:TNET) has a market capitalization of $6.84 billion and generates $4.89 billion in revenue each year. The business services provider earns $355 million in net income (profit) each year or $5.55 on an earnings per share basis. How many employees does TriNet Group have? The company employs 3,600 workers across the globe. How can I contact TriNet Group? TriNet Group's mailing address is ONE PARK PLACE SUITE 600, DUBLIN CA, 94568. The official website for the company is www.trinet.com. The business services provider can be reached via phone at (510) 352-5000, via email at investorrelations@trinet.com, or via fax at 510-352-6480. This page (NYSE:TNET) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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