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NYSE:TNETTriNet Group Stock Price, Forecast & News

+1.03 (+1.89 %)
(As of 06/2/2020 04:00 PM ET)
Today's Range
Now: $55.50
50-Day Range
MA: $47.71
52-Week Range
Now: $55.50
Volume259,333 shs
Average Volume489,703 shs
Market Capitalization$3.73 billion
P/E Ratio16.28
Dividend YieldN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 5.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.11 out of 5 stars

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
SectorBusiness Services



Sales & Book Value

Annual Sales$3.86 billion
Cash Flow$3.87 per share
Book Value$6.80 per share


Net Income$212 million


Market Cap$3.73 billion
Next Earnings Date7/23/2020 (Estimated)

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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 reached pandemic status according to the World Health Organization. Since then, TNET stock has increased by 10.8% and is now trading at $55.50. View which stocks have been most 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 Thursday, July 23rd 2020. View our earnings forecast for TriNet Group.

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) released its quarterly earnings results on Tuesday, April, 28th. The business services provider reported $1.41 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.58. The business services provider had revenue of $283 million for the quarter, compared to analysts' expectations of $245.95 million. TriNet Group had a return on equity of 48.47% and a net margin of 6.05%. TriNet Group's quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.98 earnings per share. View TriNet Group's earnings history.

What price target have analysts set for TNET?

3 Wall Street analysts have issued 12-month target prices for TriNet Group's stock. Their forecasts range from $44.00 to $80.00. On average, they expect TriNet Group's stock price to reach $62.00 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View analysts' price targets for TriNet Group.

Has TriNet Group been receiving favorable news coverage?

Media headlines about TNET stock have trended negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TriNet Group earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutTriNet Group.

Are investors shorting TriNet Group?

TriNet Group saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 3,210,000 shares, a drop of 7.0% from the April 30th total of 3,450,000 shares. Based on an average daily trading volume, of 620,500 shares, the days-to-cover ratio is currently 5.2 days. Currently, 7.8% of the shares of the company are sold short. View TriNet Group's Current Options Chain.

Who are some of TriNet Group's key competitors?

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), Gilead Sciences (GILD), Intel (INTC), Netflix (NFLX), Verizon Communications (VZ), Boeing (BA) and Alibaba Group (BABA).

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."

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (10.89%), ArrowMark Colorado Holdings LLC (7.66%), Cantillon Capital Management LLC (5.92%), BlackRock Inc. (4.90%), TimesSquare Capital Management LLC (2.07%) and Harbor Spring Capital LLC (1.52%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, Kenneth A Goldman, LP Agi-T, Martin Babinec, Michael P Murphy, Paul Edward Chamberlain and Wayne B Lowell. 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 TimesSquare Capital Management LLC, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, Cramer Rosenthal Mcglynn LLC, Janus Henderson Group PLC, BlackRock Inc., Morgan Stanley, and Mercer Global Advisors Inc. ADV. Company insiders that have sold TriNet Group company stock in the last year include Burton M Goldfield, Edward Griese, H Raymond Bingham, Kenneth A Goldman, Martin Babinec, Michael P Murphy, Paul Edward Chamberlain, and Wayne B Lowell. View insider buying and selling activity for TriNet Group.

Which institutional investors are buying TriNet Group stock?

TNET stock was acquired by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Harbor Spring Capital LLC, Wellington Management Group LLP, Russell Investments Group Ltd., Two Sigma Advisers LP, Reinhart Partners Inc., Bogle Investment Management L P DE, and Massachusetts Financial Services Co. MA. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $55.50.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $3.73 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.

What is TriNet Group's official website?

The official website for TriNet Group is 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 6/3/2020 by MarketBeat.com Staff

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