NYSE:TNET - TriNet Group Stock Price, News, & Analysis

TriNet Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNET."

TriNet Group announced that its board has authorized a stock buyback program on Wednesday, February 28th 2018, which permits the company to buyback $120,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

TriNet Group Inc (NYSE:TNET) released its quarterly earnings data on Monday, October, 29th. The business services provider reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.20. The business services provider had revenue of $228 million for the quarter, compared to analyst estimates of $202.65 million. TriNet Group had a net margin of 6.67% and a return on equity of 63.58%. The business's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for TriNet Group.

TriNet Group issued an update on its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $0.42-0.56 for the period, compared to the Thomson Reuters consensus estimate of $0.52. TriNet Group also updated its FY18 guidance to $2.85-2.99 EPS.

3 brokers have issued 1 year price targets for TriNet Group's shares. Their forecasts range from $54.00 to $66.00. On average, they expect TriNet Group's stock price to reach $58.3333 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price. View Analyst Price Targets for TriNet Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TriNet Group.

News stories about TNET stock have trended somewhat positive on Tuesday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. TriNet Group earned a news impact score of 1.4 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Some companies that are related to TriNet Group include Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Nielsen (NLSN), The Western Union (WU), GrubHub (GRUB), CIELO S A/S (CIOXY), WEX (WEX), Farfetch (FTCH), CDK Global (CDK), Etsy (ETSY), Zillow Group (ZG), Zillow Group (Z), Healthequity (HQY) and Fair Isaac (FICO).

TriNet Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Cantillon Capital Management LLC (6.01%), BlackRock Inc. (4.14%), Dimensional Fund Advisors LP (1.57%), Janus Henderson Group PLC (1.16%), Acadian Asset Management LLC (0.77%) and Bank of New York Mellon Corp (0.70%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, General Atlantic Llc, H Raymond Bingham, John W Turner, Martin Babinec, Michael P Murphy, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

TNET stock was sold by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC, BlackRock Inc., Acadian Asset Management LLC, Harbor Spring Capital LLC, James Investment Research Inc., PNC Financial Services Group Inc., Bank of New York Mellon Corp and Bank of Montreal Can. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

TNET stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, AXA, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, SG Americas Securities LLC, Dimensional Fund Advisors LP, GSA Capital Partners LLP and JPMorgan Chase & Co.. View Insider Buying and Selling for TriNet Group.

Shares of TNET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of TNET stock can currently be purchased for approximately $44.86.

TriNet Group has a market capitalization of $3.27 billion and generates $3.28 billion in revenue each year. The business services provider earns $178 million in net income (profit) each year or $1.72 on an earnings per share basis. TriNet Group employs 2,700 workers across the globe.

The official website for TriNet Group is http://www.trinet.com.

TriNet Group's mailing address is ONE PARK PLACE SUITE 600, DUBLIN CA, 94568. The business services provider can be reached via phone at 510-352-5000 or via email at [email protected]