NYSE:TNETTriNet Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding TriNet Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $40.58 +2.59 (+6.82 %) (As of 04/7/2020 02:09 PM ET) Add Compare Share Today's Range$39.19Now: $40.58▼$42.1250-Day Range$29.57MA: $47.31▼$62.0052-Week Range$27.79Now: $40.58▼$76.92Volume290,026 shsAverage Volume701,149 shsMarket Capitalization$2.79 billionP/E Ratio13.57Dividend YieldN/ABeta1.85 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 Dublin, California.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingTriNet Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $66.00, TriNet Group has a potential upside of 62.6% from its current price of $40.58.Amount of Analyst CoverageTriNet Group has received no research coverage in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesTriNet Group has received 306 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTriNet Group has received 275 “underperform” votes. (Add your “underperform” vote.)Community SentimentTriNet Group has received 52.67% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldTriNet Group does not currently pay a dividend.Dividend GrowthTriNet Group does not have a long track record of dividend growth. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TriNet Group insiders have bought 248.51% more of their company's stock than they have sold. Specifically, they have bought $18,764,507.00 in company stock and sold $5,384,284.00 in company stock.Percentage Held by Insiders37.00% of the stock of TriNet Group is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions91.52% of the stock of TriNet Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for TriNet Group are expected to grow by 12.81% in the coming year, from $3.20 to $3.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TriNet Group is 13.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.01.Price to Earnings Ratio vs. SectorThe P/E ratio of TriNet Group is 13.57, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 18.23.Price to Book Value per Share RatioTriNet Group has a P/B Ratio of 5.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 5.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.44 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:TNET Previous Symbol CUSIPN/A CIK937098 Webhttp://www.trinet.com/ Phone510-352-5000Debt Debt-to-Equity Ratio0.78 Current Ratio1.14 Quick Ratio1.14Price-To-Earnings Trailing P/E Ratio13.57 Forward P/E Ratio12.68 P/E GrowthN/A Sales & Book Value Annual Sales$3.86 billion Price / Sales0.72 Cash Flow$4.51 per share Price / Cash Flow8.99 Book Value$6.80 per share Price / Book5.97Profitability EPS (Most Recent Fiscal Year)$2.90 Net Income$212 million Net Margins5.50% Return on Equity45.67% Return on Assets8.50%Miscellaneous Employees2,900 Outstanding Shares68,750,000Market Cap$2.79 billion Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive TNET News and Ratings via Email Sign-up to receive the latest news and ratings for TNET and its competitors with MarketBeat's FREE daily newsletter. TNET Rates by TradingView TriNet Group (NYSE:TNET) Frequently Asked Questions How has TriNet Group's stock been impacted by COVID-19 (Coronavirus)? TriNet Group's stock was trading at $50.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TNET shares have decreased by 19.0% and is now trading at $40.58. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of TriNet Group? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TriNet Group. When is TriNet Group's next earnings date? TriNet Group is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for TriNet Group. How were TriNet Group's earnings last quarter? TriNet Group Inc (NYSE:TNET) posted its quarterly earnings results on Thursday, February, 13th. The business services provider reported $0.84 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.84. The business services provider earned $226 million during the quarter, compared to analyst estimates of $225.73 million. TriNet Group had a return on equity of 45.67% and a net margin of 5.50%. View TriNet Group's earnings history. What guidance has TriNet Group issued on next quarter's earnings? TriNet Group updated its first quarter earnings guidance on Thursday, February, 13th. The company provided earnings per share guidance of $0.86-$1.04 for the period, compared to the Thomson Reuters consensus estimate of $0.92. The company issued revenue guidance of $276-$278.6, compared to the consensus revenue estimate of $264.33 million. What price target have analysts set for TNET? 3 equities research analysts have issued 12 month target prices for TriNet Group's shares. Their forecasts range from $52.00 to $80.00. On average, they anticipate TriNet Group's stock price to reach $66.00 in the next year. This suggests a possible upside of 62.6% from the stock's current price. View analysts' price targets for TriNet Group. Has TriNet Group been receiving favorable news coverage? News articles about TNET stock have trended very negative recently, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TriNet Group earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutTriNet Group. Are investors shorting TriNet Group? TriNet Group saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,501,300 shares, an increase of 14.2% from the February 27th total of 2,190,000 shares. Based on an average daily volume of 421,900 shares, the short-interest ratio is currently 5.9 days. Currently, 4.0% of the company's shares are short sold. View TriNet Group's Current Options Chain. Who are some of TriNet Group's key competitors? Some companies that are related to TriNet Group include Fair Isaac (FICO), Zillow Group (ZG), The Western Union (WU), LYFT (LYFT), Zillow Group (Z), Etsy (ETSY), Nielsen (NLSN), WEX (WEX), Ritchie Bros. Auctioneers (RBA), CDK Global (CDK), GrubHub (GRUB), MAXIMUS (MMS), Healthequity (HQY), Envestnet (ENV) and Farfetch (FTCH). 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), Tesla (TSLA), Home Depot (HD), Twitter (TWTR), Comcast (CMCSA), Intel (INTC), Boeing (BA), Insperity (NSP), Gilead Sciences (GILD) and Walt Disney (DIS). Who are TriNet Group's key executives? TriNet Group's management team includes the following people: Mr. Burton M. Goldfield, Pres, CEO & Director (Age 63)Mr. Richard J. Beckert, CFO & Sr. VP (Age 57)Ms. Samantha Wellington, Sr. VP, Chief Legal Officer & Sec. (Age 41)Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 56)Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 46) What is TriNet Group's stock symbol? TriNet Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNET." 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, Robinhood, Fidelity, and Charles Schwab. What is TriNet Group's stock price today? One share of TNET stock can currently be purchased for approximately $40.58. How big of a company is TriNet Group? TriNet Group has a market capitalization of $2.79 billion and generates $3.86 billion in revenue each year. The business services provider earns $212 million in net income (profit) each year or $2.90 on an earnings per share basis. TriNet Group employs 2,900 workers across the globe. View additional information about TriNet Group. 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] This page was last updated on 4/7/2020 by MarketBeat.com StaffFeatured Article: Understanding the two types of arbitrage
