S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
The Small Biotech Scaring Big Pharma (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
The Small Biotech Scaring Big Pharma (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
The Small Biotech Scaring Big Pharma (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
The Small Biotech Scaring Big Pharma (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
NYSE:TNET

TriNet Group - TNET Stock Forecast, Price & News

$71.74
-0.18 (-0.25%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$71.50
$72.18
50-Day Range
$61.31
$76.56
52-Week Range
$60.60
$103.36
Volume
377,534 shs
Average Volume
336,349 shs
Market Capitalization
$4.46 billion
P/E Ratio
12.35
Dividend Yield
N/A
Price Target
$80.25

TriNet Group MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
11.9% Upside
$80.25 Price Target
Short Interest
Healthy
2.48% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.53mentions of TriNet Group in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.32 M Sold Last Quarter
Proj. Earnings Growth
-24.64%
From $5.52 to $4.16 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.09 out of 5 stars

Business Services Sector

202nd out of 328 stocks

Business Services, Not Elsewhere Classified Industry

63rd out of 95 stocks

TNET stock logo

About TriNet Group (NYSE:TNET) Stock

TriNet Group, Inc. provides human resources (HR) solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize 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 serves clients in various industries, including technology, professional services, financial services, life sciences, not-for-profit, property management, retail, manufacturing, and hospitality. The company sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.

Receive TNET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TriNet Group and its competitors with MarketBeat's FREE daily newsletter.

TNET Stock News Headlines

TriNet Group, Inc. (NYSE:TNET) Short Interest Update
Tailor an Options Trading Strategy to Fit Your Needs
This guide will help you identify and execute an options trading strategy that fits your specific needs and risk profile. Take your trading to the next level with the Options Strategy Guide. pixel
TriNet Group (NYSE:TNET) & Nuvei (NASDAQ:NVEI) Head to Head Review
Top TriNet Competitors (2022 Comparison)
TriNet Announces Two Key Executive Appointments
🚨 [Strong Buy Alert] Is this laser stock in your portfolio?
There are very few opportunities like this in today's bear market... But our analysts identified a tiny defense company landing billions of dollars in contracts every year.
TriNet Announces Third Quarter 2022 Results
Trinet Group's Earnings Outlook
TriNet Group, Inc. (TNET)
See More Headlines
Receive TNET Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for TriNet Group and its competitors with MarketBeat's FREE daily newsletter.

TNET Company Calendar

Last Earnings
10/25/2022
Today
12/03/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/13/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
2,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$80.25
High Stock Price Forecast
$96.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+11.9%
Consensus Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$338 million
Pretax Margin
10.32%

Debt

Sales & Book Value

Annual Sales
$4.54 billion
Cash Flow
$6.58 per share
Book Value
$13.76 per share

Miscellaneous

Free Float
36,965,000
Market Cap
$4.46 billion
Optionable
Optionable
Beta
1.12

Key Executives

  • Mr. Burton M. GoldfieldMr. Burton M. Goldfield (Age 66)
    Pres, CEO & Director
    Comp: $2.66M
  • Ms. Kelly Lee Tuminelli (Age 53)
    Exec. VP of Fin., CFO & Principal Accounting Officer
    Comp: $1.48M
  • Ms. Samantha  WellingtonMs. Samantha Wellington (Age 44)
    Exec. VP of Bus. Affairs, Chief Legal Officer & Sec.
    Comp: $1.02M
  • Mr. Jeff Hayward
    Chief Technology Officer
  • Mr. Alex Bauer
    Exec. Director of Investor Relations
  • Mr. Michael Mendenhall (Age 60)
    Sr. VP, Chief Marketing Officer & Chief Communications Officer
  • Mr. Jonathan Lecompte
    Sr. VP & Chief Sales Officer
  • Ms. Catherine Mary Wragg (Age 51)
    Sr. VP of HR
  • Mr. James Franzone (Age 47)
    Sr. VP of Strategy
  • Ms. Dilshad Simons
    Sr. VP of Products













TNET Stock - Frequently Asked Questions

Should I buy or sell TriNet Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last twelve months. There are currently 1 sell rating and 3 hold 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 forecast for 2023?

4 brokerages have issued 1-year price objectives for TriNet Group's stock. Their TNET share price forecasts range from $70.00 to $96.00. On average, they predict the company's share price to reach $80.25 in the next year. This suggests a possible upside of 11.9% from the stock's current price.
View analysts price targets for TNET
or view top-rated stocks among Wall Street analysts.

How have TNET shares performed in 2022?

TriNet Group's stock was trading at $95.26 on January 1st, 2022. Since then, TNET stock has decreased by 24.7% and is now trading at $71.74.
View the best growth stocks for 2022 here
.

Are investors shorting TriNet Group?

TriNet Group saw a decline in short interest in November. As of November 15th, there was short interest totaling 1,440,000 shares, a decline of 20.0% from the October 31st total of 1,800,000 shares. Based on an average trading volume of 262,500 shares, the short-interest ratio is currently 5.5 days. Approximately 2.5% of the shares of the stock 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 Monday, February 13th 2023.
View our TNET earnings forecast
.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) announced its earnings results on Tuesday, October, 25th. The business services provider reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.63. The business services provider had revenue of $369 million for the quarter, compared to analyst estimates of $302.92 million. TriNet Group had a trailing twelve-month return on equity of 51.00% and a net margin of 7.71%.

What guidance has TriNet Group issued on next quarter's earnings?

TriNet Group issued an update on its fourth quarter 2022 earnings guidance on Tuesday, November, 1st. The company provided EPS guidance of 0-$0.50 for the period, compared to the consensus estimate of $0.72. The company issued revenue guidance of $1.21 billion-$1.23 billion, compared to the consensus revenue estimate of $1.29 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).

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 variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.80%), Cantillon Capital Management LLC (5.70%), BlackRock Inc. (4.20%), Dimensional Fund Advisors LP (2.08%), State Street Corp (1.27%) and Reinhart Partners Inc. (0.63%). Insiders that own company stock include Barrett Boston, Burton M Goldfield, Burton M Goldfield, Edward Griese, H Raymond Bingham, Jonathan D Lee, Katherine August-Dewilde, Kenneth A Goldman, LP Agi-T, Martin Babinec, Michael P Murphy, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $71.74.

How much money does TriNet Group make?

TriNet Group (NYSE:TNET) has a market capitalization of $4.46 billion and generates $4.54 billion in revenue each year. The business services provider earns $338 million in net income (profit) each year or $5.81 on an earnings per share basis.

How many employees does TriNet Group have?

The company employs 2,800 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 official website for the company is www.trinet.com. The business services provider can be reached via phone at (510) 352-5000, via email at investorrelations@trinet.com, or via fax at 510-352-6480.

This page (NYSE:TNET) was last updated on 12/3/2022 by MarketBeat.com Staff