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S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
Critical asset just had biggest fall on record (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
Critical asset just had biggest fall on record (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
S&P 500   5,078.18
DOW   38,972.41
QQQ   437.60
bluebird bio stock is ripe for a 400% institutional short squeeze
Critical asset just had biggest fall on record (Ad)
3 lithium stocks to ride a multi-year cycle
Goldman upgraded Nvidia stock, one metric says it could go higher
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Salesforce stock got a boost. Is it growing off the Nvidia boom?
Autozone stock price is still in the rally zone
Critical asset just had biggest fall on record (Ad)
Closing prices for crude oil, gold and other commodities
New highs are coming for Lowe’s stock despite mixed results
NYSE:TNET

TriNet Group (TNET) Stock Price, News & Analysis

$131.21
+1.71 (+1.32%)
(As of 02/27/2024 ET)
Today's Range
$129.43
$131.21
50-Day Range
$111.71
$131.21
52-Week Range
$73.86
$131.25
Volume
232,009 shs
Average Volume
291,857 shs
Market Capitalization
$6.64 billion
P/E Ratio
20.22
Dividend Yield
N/A
Price Target
$116.67

TriNet Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
11.1% Downside
$116.67 Price Target
Short Interest
Healthy
2.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.17mentions of TriNet Group in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$5.14 M Sold Last Quarter
Proj. Earnings Growth
8.64%
From $5.79 to $6.29 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.88 out of 5 stars

Business Services Sector

133rd out of 296 stocks

Business Services, Not Elsewhere Classified Industry

48th out of 83 stocks


TNET stock logo

About TriNet Group Stock (NYSE:TNET)

TriNet 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.

TNET Stock Price History

TNET Stock News Headlines

TriNet Group, Inc. (NYSE:TNET) EVP Sells $1,782,162.48 in Stock
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
TriNet Ranked #1 in Newsweek's Excellence 1000 Index 2024
TriNet Group (NYSE:TNET) PT Raised to $121.00
TriNet Group Full Year 2023 Earnings: Beats Expectations
Recap: Trinet Group Q4 Earnings
TNET Feb 2024 110.000 call
See More Headlines
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Company Calendar

Last Earnings
10/24/2021
Today
2/27/2024
Ex-Dividend for 4/22 Dividend
3/28/2024
Dividend Payable
4/22/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$116.67
High Stock Price Target
$150.00
Low Stock Price Target
$87.00
Potential Upside/Downside
-11.1%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$375 million
Pretax Margin
10.18%

Debt

Sales & Book Value

Annual Sales
$4.92 billion
Cash Flow
$10.61 per share
Book Value
$1.54 per share

Miscellaneous

Free Float
30,037,000
Market Cap
$6.64 billion
Optionable
Optionable
Beta
1.11
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives















TNET Stock Analysis - Frequently Asked Questions

Should I buy or sell TriNet Group stock right now?

7 Wall Street 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 4 buy ratings 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 target for 2024?

7 brokers have issued 1 year target prices for TriNet Group's shares. Their TNET share price targets range from $87.00 to $150.00. On average, they predict the company's stock price to reach $116.67 in the next year. This suggests that the stock has a possible downside of 11.1%.
View analysts price targets for TNET
or view top-rated stocks among Wall Street analysts.

How have TNET shares performed in 2024?

TriNet Group's stock was trading at $118.93 at the start of the year. Since then, TNET stock has increased by 10.3% and is now trading at $131.21.
View the best growth stocks for 2024 here
.

Are investors shorting TriNet Group?

TriNet Group saw a decline in short interest in the month of January. As of January 31st, there was short interest totaling 1,390,000 shares, a decline of 9.2% from the January 15th total of 1,530,000 shares. Based on an average daily volume of 239,200 shares, the short-interest ratio is currently 5.8 days. Currently, 2.8% 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 Wednesday, April 24th 2024.
View our TNET earnings forecast
.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) released its quarterly earnings results on Sunday, October, 24th. The business services provider reported $1.31 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.52. The business services provider had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $246.40 million. TriNet Group had a net margin of 7.62% and a trailing twelve-month return on equity of 87.97%. TriNet Group's quarterly revenue was up 12.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share.

How often does TriNet Group pay dividends? What is the dividend yield for TriNet Group?

TriNet Group declared a quarterly dividend on Thursday, February 15th. Investors of record on Monday, April 1st will be paid a dividend of $0.25 per share on Monday, April 22nd. This represents a $1.00 annualized dividend and a dividend yield of 0.76%. The ex-dividend date is Thursday, March 28th.
Read our dividend analysis for TNET
.

What guidance has TriNet Group issued on next quarter's earnings?

TriNet Group updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided earnings per share guidance of 2.100-2.850 for the period, compared to the consensus estimate of 2.430. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 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).

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mawer Investment Management Ltd. (8.34%), Cantillon Capital Management LLC (6.62%), Vanguard Group Inc. (5.52%), Massachusetts Financial Services Co. MA (1.78%), Dimensional Fund Advisors LP (1.61%) and Charles Schwab Investment Management Inc. (0.90%). Insiders that own company stock include Alexander G Warren, Burton M Goldfield, Burton M Goldfield, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TNET) was last updated on 2/28/2024 by MarketBeat.com Staff