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

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$45.41 +0.42 (+0.93 %)
(As of 01/21/2019 01:19 PM ET)
Previous Close$44.99
Today's Range$45.04 - $45.68
52-Week Range$38.26 - $60.15
Volume184,216 shs
Average Volume232,986 shs
Market Capitalization$3.20 billion
P/E Ratio26.40
Dividend YieldN/A
Beta2.16
TriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada. 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 benefit law compliance; and other services. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality. The company markets its solutions through its sales representatives. TriNet Group, Inc. was founded in 1988 and is headquartered in San Leandro, California.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone510-352-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.28 billion
Cash Flow$2.2762 per share
Book Value$2.96 per share

Profitability

Net Income$178 million

Miscellaneous

Employees2,900
Market Cap$3.20 billion
OptionableOptionable

TriNet Group (NYSE:TNET) Frequently Asked Questions

What is TriNet Group's stock symbol?

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

How will TriNet Group's stock buyback program work?

TriNet Group declared that its board has authorized a share repurchase program on Wednesday, February 28th 2018, which allows the company to buyback $120,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were TriNet Group's earnings last quarter?

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

When is TriNet Group's next earnings date?

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

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

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

What price target have analysts set for TNET?

3 analysts have issued twelve-month price objectives for TriNet Group's stock. Their forecasts range from $54.00 to $66.00. On average, they expect TriNet Group's share price to reach $58.3333 in the next year. This suggests a possible upside of 28.5% from the stock's current price. View Analyst Price Targets for TriNet Group.

What is the consensus analysts' recommendation 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.

Has TriNet Group been receiving favorable news coverage?

Media stories about TNET stock have trended positive on Monday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TriNet Group earned a coverage optimism score of 2.7 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of TriNet Group's key competitors?

Who are TriNet Group's key executives?

TriNet Group's management team includes the folowing people:
  • Mr. Burton M. Goldfield, Pres, CEO & Director (Age 63)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 57)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 56)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 46)
  • Mr. William Porter, Advisor (Age 65)

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Boston Advisors LLC (0.12%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, Martin Babinec, Michael P Murphy, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

Which major investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC. 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.

How do I buy shares of 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.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $45.41.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $3.20 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 2,900 workers across the globe.

What is TriNet Group's official website?

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

How can I contact TriNet Group?

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]


MarketBeat Community Rating for TriNet Group (NYSE TNET)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  433
MarketBeat's community ratings are surveys of what our community members think about TriNet Group and other stocks. Vote "Outperform" if you believe TNET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

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