NYSE:TNET TriNet Group (TNET) Stock Forecast, Price & News $91.62 +2.75 (+3.09%) (As of 06/1/2023 ET) Add Compare Share Share Today's Range$88.80▼$92.0250-Day Range$76.45▼$94.2552-Week Range$60.60▼$95.61Volume305,214 shsAverage Volume260,632 shsMarket Capitalization$5.44 billionP/E Ratio16.60Dividend YieldN/APrice Target$88.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media TriNet Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.0% Downside$88.00 Price TargetShort InterestBearish4.89% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.08Based on 6 Articles This WeekInsider TradingSelling Shares$1.27 M Sold Last QuarterProj. Earnings Growth4.25%From $4.71 to $4.91 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.1.81 out of 5 starsBusiness Services Sector523rd out of 684 stocksBusiness Services, Not Elsewhere Classified Industry145th out of 182 stocks 1.0 Analyst's Opinion Consensus RatingTriNet Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $88.00, TriNet Group has a forecasted downside of 4.0% from its current price of $91.62.Amount of Analyst CoverageTriNet Group has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.89% 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 7.3.Change versus previous monthShort interest in TriNet Group has recently increased by 3.05%, indicating that investor sentiment is decreasing. 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 3.4 News and Social Media Coverage News SentimentTriNet Group has a news sentiment score of 1.08. 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 0.41 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for TriNet Group this week, compared to 3 articles on an average week.Search Interest3 people have searched for TNET on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added TriNet Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% 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 $1,265,468.00 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 Institutions91.65% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for TriNet Group are expected to grow by 4.25% in the coming year, from $4.71 to $4.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TriNet Group is 16.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.43.Price to Earnings Ratio vs. SectorThe P/E ratio of TriNet Group is 16.60, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 272.66.Price to Book Value per Share RatioTriNet Group has a P/B Ratio of 6.60. 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 capital management (HCM) solutions to small and mid-sized businesses. Its services include HR expertise, benefit options, payroll services, risk mitigation, and a technology platform. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.Read More 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 Stock News HeadlinesMay 31, 2023 | finance.yahoo.comTriNet Wins Eight Telly Awards for its 'People Matter' CampaignMay 30, 2023 | finance.yahoo.comShould You Investigate TriNet Group, Inc. (NYSE:TNET) At US$89.78?June 2, 2023 | Edge On The Street (Ad)The Graphite Shortage Story You're Not Being ToldGraphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security. May 29, 2023 | americanbankingnews.comInsider Selling: TriNet Group, Inc. (NYSE:TNET) CEO Sells 6,250 Shares of StockMay 24, 2023 | americanbankingnews.comAlexander G. Warren Sells 2,442 Shares of TriNet Group, Inc. (NYSE:TNET) StockMay 23, 2023 | finance.yahoo.comTriNet to Participate at Upcoming Investor ConferencesMay 21, 2023 | americanbankingnews.comTriNet Group (NYSE:TNET) Coverage Initiated at StockNews.comMay 18, 2023 | finance.yahoo.comTriNet to Host Virtual Summit with SMB Experts on May 25 During National PEO WeekJune 2, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 17, 2023 | finance.yahoo.comTriNet Debuts New Episode of TriNet PeopleForce Podcast with Michael Mendenhall Featuring Dr. Brook Parker-Bello, More Too Life Founder and CEOMay 17, 2023 | americanbankingnews.comAnalysts Set TriNet Group, Inc. (NYSE:TNET) PT at $88.00May 15, 2023 | americanbankingnews.comNeedham & Company LLC Begins Coverage on TriNet Group (NYSE:TNET)May 12, 2023 | msn.comNeedham Initiates Coverage of TriNet Group (TNET) with Buy RecommendationMay 12, 2023 | msn.comTriNet stock drives up as Needham starts at Buy, citing discountMay 4, 2023 | finance.yahoo.comSmall businesses finding the 'hurdle rate is higher' in credit environment: TriNet CEOMay 2, 2023 | finance.yahoo.comTriNet Group, Inc. (TNET) Soars to 52-Week High, Time to Cash Out?May 1, 2023 | americanbankingnews.comTriNet Group (NYSE:TNET) Downgraded to Hold at StockNews.comApril 29, 2023 | americanbankingnews.comTriNet Group (NYSE:TNET) Trading Up 5.9%April 28, 2023 | finance.yahoo.comTriNet Wins Four Stevie Awards for TriNet PeopleForce 2022April 28, 2023 | msn.comCredit Suisse Maintains TriNet Group (TNET) Neutral RecommendationApril 28, 2023 | americanbankingnews.comTriNet Group (NYSE:TNET) Updates Q2 2023 Earnings GuidanceApril 27, 2023 | finanznachrichten.deTriNet Group, Inc.: TriNet Announces First Quarter 2023 ResultsApril 26, 2023 | finance.yahoo.comTriNet Announces First Quarter 2023 ResultsApril 26, 2023 | americanbankingnews.comTriNet Group (NYSE:TNET) Sees Unusually-High Trading VolumeApril 24, 2023 | americanbankingnews.comTriNet Group (TNET) to Release Quarterly Earnings on WednesdayApril 19, 2023 | finance.yahoo.comTriNet to Host Second Annual Small Business Week Summit May 1-4April 17, 2023 | finance.yahoo.comTriNet Redefining Itself as It ExpandsSee More Headlines TNET Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TNET Company Calendar Last Earnings4/26/2023Today6/02/2023Next Earnings (Estimated)7/25/2023Fiscal 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$88.00 High Stock Price Forecast$115.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside-4.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$5.52 Trailing P/E Ratio16.60 Forward P/E Ratio19.45 P/E GrowthN/ANet Income$355 million Net Margins6.96% Pretax Margin9.40% Return on Equity47.82% Return on Assets11.57% Debt Debt-to-Equity Ratio0.60 Current Ratio1.18 Quick Ratio1.18 Sales & Book Value Annual Sales$4.89 billion Price / Sales1.11 Cash Flow$8.77 per share Price / Cash Flow10.45 Book Value$13.89 per share Price / Book6.60Miscellaneous Outstanding Shares59,420,000Free Float37,194,000Market Cap$5.44 billion OptionableOptionable Beta1.16 Key ExecutivesBurton M. GoldfieldPresident & Chief Executive OfficerTom RoseSenior VP-Customer Success & OperationsKelly Lee GrohExecutive VP, Chief Financial & Accounting OfficerJay VenkatChief Digital & Innovation OfficerJeffery HaywardChief Technology OfficerKey CompetitorsShift4 PaymentsNYSE:FOURExlServiceNASDAQ:EXLSMaximusNYSE:MMSConcentrixNASDAQ:CNXCNuveiNASDAQ:NVEIView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 538 shares on 5/26/2023Ownership: 0.007%Brandywine Global Investment Management LLCBought 16,001 shares on 5/25/2023Ownership: 0.027%Burton M GoldfieldSold 6,250 sharesTotal: $570,812.50 ($91.33/share)Toroso Investments LLCBought 7,159 shares on 5/23/2023Ownership: 0.012%Putnam Investments LLCSold 1,089 shares on 5/22/2023Ownership: 0.043%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 analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 Wall Street research analysts have issued 12-month price objectives for TriNet Group's shares. Their TNET share price forecasts range from $70.00 to $115.00. On average, they anticipate the company's stock price to reach $88.00 in the next year. This suggests that the stock has a possible downside of 4.0%. 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 35.1% and is now trading at $91.62. View the best growth stocks for 2023 here. Are investors shorting TriNet Group? TriNet Group saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,620,000 shares, an increase of 17.5% from the April 15th total of 2,230,000 shares. Based on an average daily volume of 408,900 shares, the short-interest ratio is currently 6.4 days. Approximately 4.8% of the company's stock are short sold. 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, July 25th 2023. View our TNET earnings forecast. How were TriNet Group's earnings last quarter? TriNet Group, Inc. (NYSE:TNET) issued its quarterly earnings data on Wednesday, April, 26th. The business services provider reported $2.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.77 by $0.58. The business services provider earned $394 million during the quarter, compared to the consensus estimate of $364.55 million. TriNet Group had a trailing twelve-month return on equity of 47.82% and a net margin of 6.96%. 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), Janus Henderson Small Cap Growth Alpha ETF (JSML), Distillate Small/Mid Cash Flow ETF (DSMC), First Trust Active Factor Mid Cap ETF (AFMC), Nuveen ESG Small-Cap ETF (NUSC), Gotham 1000 Value ETF (GVLU), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and Principal U.S. Small-Cap Multi-Factor ETF (PSC). What guidance has TriNet Group issued on next quarter's earnings? TriNet Group issued an update on its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $5.40-$6.35 for the period, compared to the consensus estimate of $5.30. The company issued revenue guidance of $4.93 billion-$4.98 billion, compared to the consensus revenue estimate of $4.93 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 a variety of retail and institutional investors. Top institutional shareholders include Mawer Investment Management Ltd. (7.40%), Wellington Management Group LLP (6.41%), Cantillon Capital Management LLC (5.75%), BlackRock Inc. (4.28%), Dimensional Fund Advisors LP (2.36%) and FIL Ltd (1.39%). Insiders that own company stock include Alexander G Warren, Barrett Boston, Burton M Goldfield, Burton M Goldfield, Edward Griese, H Raymond Bingham, Jonathan D Lee, Katherine August-Dewilde, Martin Babinec, Michael P Murphy, 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 $91.62. How much money does TriNet Group make? TriNet Group (NYSE:TNET) has a market capitalization of $5.44 billion and generates $4.89 billion in revenue each year. The business services provider earns $355 million in net income (profit) each year or $5.52 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 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TriNet Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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