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

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

TriNet Group announced that its board has authorized a share repurchase program on Wednesday, February 28th 2018, which authorizes the company to buyback $120,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) announced its earnings results on Monday, April, 30th. The business services provider reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.15. The business services provider earned $220 million during the quarter, compared to analysts' expectations of $217.55 million. TriNet Group had a return on equity of 83.91% and a net margin of 6.09%. The firm's revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the firm posted $0.45 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for TriNet Group.

3 analysts have issued 1-year target prices for TriNet Group's stock. Their predictions range from $36.00 to $64.00. On average, they expect TriNet Group's share price to reach $49.3333 in the next twelve months. This suggests that the stock has a possible downside of 11.8%. View Analyst Ratings 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."

Some companies that are related to TriNet Group include CoStar Group (CSGP), Worldpay (WP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), CIELO S A/S (CIOXY), Zillow Group Inc Class A (ZG), Zillow Group Inc Class C (Z), Nielsen (NLSN), GrubHub (GRUB), The Western Union (WU), CDK Global (CDK), WEX (WEX) and athenahealth (ATHN).

Headlines about TNET stock have trended somewhat positive on Friday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TriNet Group earned a media sentiment score of 0.11 on Accern's scale. They also gave media headlines about the business services provider an impact score of 49.67 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Boston Advisors LLC (0.60%), James Investment Research Inc. (0.10%), Empowered Funds LLC (0.04%), Bank of Montreal Can (0.03%), Xact Kapitalforvaltning AB (0.01%) and Amalgamated Bank (0.01%). 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.

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.

TNET stock was acquired by a variety of institutional investors in the last quarter, including Boston Advisors LLC, James Investment Research Inc., Empowered Funds LLC, Bank of Montreal Can, Xact Kapitalforvaltning AB and Amalgamated Bank. View Insider Buying and Selling for 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.

One share of TNET stock can currently be purchased for approximately $55.91.

TriNet Group has a market capitalization of $3.88 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.

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]