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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:TNET

TriNet Group (TNET) Stock Price, News & Analysis

$124.60
+1.18 (+0.96%)
(As of 02/22/2024 ET)
Today's Range
$123.03
$125.65
50-Day Range
$111.71
$127.18
52-Week Range
$73.86
$130.72
Volume
270,630 shs
Average Volume
253,187 shs
Market Capitalization
$6.30 billion
P/E Ratio
19.20
Dividend Yield
N/A
Price Target
$116.67

TriNet Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
6.4% Downside
$116.67 Price Target
Short Interest
Healthy
2.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.69mentions of TriNet Group in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$1.91 M Sold Last Quarter
Proj. Earnings Growth
12.98%
From $5.70 to $6.44 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.

2.84 out of 5 stars

Business Services Sector

138th out of 301 stocks

Business Services, Not Elsewhere Classified Industry

49th out of 78 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 Ranked #1 in Newsweek's Excellence 1000 Index 2024
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
TriNet Group (NYSE:TNET) PT Raised to $121.00
TriNet Group Full Year 2023 Earnings: Beats Expectations
TriNet Group (NYSE:TNET) Reaches New 1-Year High on Analyst Upgrade
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
Recap: Trinet Group Q4 Earnings
TNET Feb 2024 110.000 call
TriNet Group (TNET) Set to Announce Quarterly Earnings on Thursday
Brokerages Set TriNet Group, Inc. (NYSE:TNET) PT at $107.86
See More Headlines
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Company Calendar

Last Earnings
10/24/2021
Today
2/22/2024
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
-6.9%
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
$10.56 per share
Book Value
$1.54 per share

Miscellaneous

Free Float
31,656,000
Market Cap
$6.34 billion
Optionable
Optionable
Beta
1.11
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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 equities research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities 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 target for 2024?

7 equities research analysts have issued 1-year price objectives for TriNet Group's stock. Their TNET share price targets range from $87.00 to $150.00. On average, they expect the company's stock price to reach $116.67 in the next year. This suggests that the stock has a possible downside of 6.4%.
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 beginning of the year. Since then, TNET shares have increased by 4.8% and is now trading at $124.60.
View the best growth stocks for 2024 here
.

Are investors shorting TriNet Group?

TriNet Group saw a decrease in short interest in January. As of January 31st, there was short interest totaling 1,390,000 shares, a decrease of 9.2% from the January 15th total of 1,530,000 shares. Based on an average trading volume of 239,200 shares, the days-to-cover ratio is currently 5.8 days. Approximately 2.8% of the company's shares 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) issued its quarterly earnings data 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 analyst estimates of $246.40 million. TriNet Group had a net margin of 7.62% and a trailing twelve-month return on equity of 87.97%. The business's revenue was up 12.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 EPS.

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 dividend on an annualized basis and a dividend yield of 0.80%. 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 EPS guidance of 2.100-2.850 for the period, compared to the consensus earnings per share 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 a variety of institutional and retail investors. Top institutional investors 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 2/23/2024 by MarketBeat.com Staff