S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Laser breakthrough could send stock soaring 2,467% (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
Tentative deal reached to end the Hollywood writers strike. No deal yet for actors
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Canadian autoworkers ratify new labor agreement with Ford
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
A coal mine fire in southern China's Guizhou province kills 16 people
NYSE:TNET

TriNet Group (TNET) Stock Forecast, Price & News

$114.69
-1.43 (-1.23%)
(As of 09/22/2023 ET)
Compare
Today's Range
$114.63
$116.52
50-Day Range
$95.66
$118.04
52-Week Range
$60.60
$118.63
Volume
250,265 shs
Average Volume
989,477 shs
Market Capitalization
$6.84 billion
P/E Ratio
20.66
Dividend Yield
N/A
Price Target
$99.67

TriNet Group MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
13.1% Downside
$99.67 Price Target
Short Interest
Bearish
8.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.23mentions of TriNet Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$366.92 M Sold Last Quarter
Proj. Earnings Growth
-13.30%
From $6.09 to $5.28 Per Share

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 stars

Business Services Sector

280th out of 309 stocks

Business Services, Not Elsewhere Classified Industry

80th out of 89 stocks


TNET stock logo

About TriNet Group (NYSE:TNET) Stock

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 Price History

TNET Stock News Headlines

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.
7 Analysts Have This to Say About Trinet Group
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.
What 6 Analyst Ratings Have To Say About Trinet Group
TD Cowen Upgrades TriNet Group (TNET)
See More Headlines
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TNET Company Calendar

Last Earnings
7/26/2023
Today
9/24/2023
Next Earnings (Estimated)
10/24/2023
Fiscal Year End
12/31/2023

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 Forecast
$99.67
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
-13.1%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$355 million
Pretax Margin
9.28%

Debt

Sales & Book Value

Annual Sales
$4.89 billion
Cash Flow
$8.45 per share
Book Value
$12.45 per share

Miscellaneous

Free Float
37,360,000
Market Cap
$6.84 billion
Optionable
Optionable
Beta
1.16
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Key Executives

  • Mr. Burton M. GoldfieldMr. Burton M. Goldfield (Age 67)
    Pres, CEO & Director
    Comp: $2.46M
  • Ms. Kelly Lee TuminelliMs. Kelly Lee Tuminelli (Age 54)
    Exec. VP & CFO
    Comp: $1.32M
  • Ms. Samantha WellingtonMs. Samantha Wellington (Age 45)
    Exec. VP of Bus. Affairs, Chief Legal Officer & Sec.
    Comp: $1.19M
  • Mr. Alex Warren (Age 50)
    Sr. VP & Chief Revenue Officer
    Comp: $808.58k
  • Mr. Jay Venkat (Age 45)
    Exec. VP and Chief Digital & Innovation Officer
    Comp: $1.66M
  • Mr. Jeff Hayward
    Chief Technology Officer
  • Mr. Alex Bauer
    Exec. Director of Investor Relations
  • Mr. Michael Mendenhall (Age 61)
    Sr. VP, Chief Marketing Officer & Chief Communications Officer
  • Mr. Jonathan Lecompte
    Sr. VP & Chief Sales Officer
  • Ms. Catherine Mary Wragg (Age 52)
    Sr. VP of HR













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 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

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