NYSE:TNET - TriNet Group Stock Price, News, & Analysis

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

TriNet Group declared that its board has approved a share repurchase program on Wednesday, February 28th 2018, which allows the company to buyback $120,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) issued its quarterly earnings results on Thursday, February, 14th. The business services provider reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.16. The business services provider had revenue of $225 million for the quarter, compared to analyst estimates of $211.58 million. TriNet Group had a net margin of 6.67% and a return on equity of 63.58%. TriNet Group's revenue was up 10.3% on a year-over-year basis. During the same period last year, the business earned $0.46 EPS. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for TriNet Group.

5 Wall Street analysts have issued 1-year price objectives for TriNet Group's shares. Their forecasts range from $46.80 to $66.00. On average, they expect TriNet Group's share price to reach $56.36 in the next twelve months. This suggests that the stock has a possible downside of 8.3%. View Analyst Price Targets for TriNet Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TriNet Group.

News coverage about TNET stock has trended neutral recently, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TriNet Group earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near future.

Some companies that are related to TriNet Group include Total System Services (TSS), Mercadolibre (MELI), Msci (MSCI), CoStar Group (CSGP), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Nielsen (NLSN), CIELO S A/S (CIOXY), The Western Union (WU), Zillow Group (Z), GrubHub (GRUB), WEX (WEX), Zillow Group (ZG) and CDK Global (CDK).

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (6.05%), BlackRock Inc. (4.34%), Dimensional Fund Advisors LP (1.70%), Geode Capital Management LLC (0.86%), Northern Trust Corp (0.77%) and Emerald Advisers LLC (0.75%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, 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 Acadian Asset Management LLC, Millennium Management LLC, Two Sigma Advisers LP, Bank of New York Mellon Corp, First Trust Advisors LP, Gotham Asset Management LLC, Prana Capital Management LP and Barclays PLC. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, 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 Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, BlackRock Inc., Reinhart Partners Inc., Dimensional Fund Advisors LP, D. E. Shaw & Co. Inc., Prudential Financial Inc. and Geode Capital Management LLC. 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 $61.43.

TriNet Group has a market capitalization of $4.33 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.

The official website for TriNet Group is http://www.trinet.com.

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]