NYSE:TNET - TriNet Group Stock Price, Price Target & More

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$54.48 -0.96 (-1.73 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$55.44
Today's Range$54.24 - $55.69
52-Week Range$31.52 - $57.76
Volume271,200 shs
Average Volume363,356 shs
Market Capitalization$3.90 billion
P/E Ratio27.45
Dividend YieldN/A
Beta2.48
TriNet Group logoTriNet 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

Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:TNET
CUSIPN/A
Phone510-352-5000

Debt

Debt-to-Equity Ratio1.41
Current Ratio1.21
Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio27.45
Forward P/E Ratio23.08
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales1.17
Cash Flow$2.2365 per share
Price / Cash24.36
Book Value$2.96 per share
Price / Book18.41

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$178 million
Net Margins6.09%
Return on Equity83.91%
Return on Assets7.04%

Miscellaneous

Employees2,700
Outstanding Shares70,290,000
Market Cap$3,897.10

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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 stock repurchase plan on Wednesday, February 28th 2018, which permits the company to repurchase $120,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) released its quarterly earnings data on Monday, April, 30th. The business services provider reported $0.80 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.65 by $0.15. The business services provider had revenue of $220 million for the quarter, compared to analyst estimates of $217.55 million. TriNet Group had a net margin of 6.09% and a return on equity of 83.91%. TriNet Group's revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.45 EPS. 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 Monday, July, 30th 2018. View Earnings Estimates for TriNet Group.

What price target have analysts set for TNET?

3 Wall Street analysts have issued 1 year price targets for TriNet Group's shares. Their forecasts range from $36.00 to $64.00. On average, they expect TriNet Group's stock price to reach $49.3333 in the next year. This suggests that the stock has a possible downside of 9.4%. View Analyst Ratings 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 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

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 62)
  • Brady Mickelsen, Chief Legal Officer, Sr. VP and Sec. (Age 47)
  • Mr. Edward R. Griese, Sr. VP of Insurance Services (Age 55)
  • Mr. William Porter, Advisor (Age 64)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 56)

Has TriNet Group been receiving favorable news coverage?

News stories about TNET stock have trended somewhat positive on Monday, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TriNet Group earned a media sentiment score of 0.15 on Accern's scale. They also assigned media stories about the business services provider an impact score of 46.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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 Empowered Funds LLC (0.04%), Bank of Montreal Can (0.03%), Xact Kapitalforvaltning AB (0.01%) and Mckinley Capital Management LLC Delaware (0.00%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, General Atlantic Llc, H Raymond Bingham, John W Turner, Kenneth A Goldman, Martin Babinec, Michael P Murphy, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

Which institutional investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Mckinley Capital Management LLC Delaware. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

Which institutional investors are buying TriNet Group stock?

TNET stock was bought by a variety of institutional investors in the last quarter, including Empowered Funds LLC, Bank of Montreal Can and Xact Kapitalforvaltning AB. 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 $54.48.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $3.90 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 2,700 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 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:  2.6 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  360
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 7/16/2018 by MarketBeat.com Staff

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