TriNet Group Stock Price, News & Analysis (NYSE:TNET)

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

TriNet Group declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 28th 2018, which permits the company to buyback $120,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) posted its quarterly earnings data on Thursday, July, 25th. The business services provider reported $0.70 EPS for the quarter, hitting the Zacks' consensus estimate of $0.70. The business services provider had revenue of $231 million for the quarter, compared to analyst estimates of $221.25 million. TriNet Group had a net margin of 5.16% and a return on equity of 46.35%. The firm's revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.87 EPS. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for TriNet Group.

TriNet Group will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 analysts have issued twelve-month price objectives for TriNet Group's shares. Their forecasts range from $46.80 to $80.00. On average, they expect TriNet Group's share price to reach $60.20 in the next year. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for TriNet Group.

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

Headlines about TNET stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TriNet Group earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned news stories 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 effect on the stock's share price in the next several days. View News Stories for TriNet Group.

TriNet Group saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 1,430,000 shares, a drop of 10.6% from the August 30th total of 1,600,000 shares. Based on an average trading volume of 347,800 shares, the days-to-cover ratio is presently 4.1 days. Currently, 3.2% of the shares of the stock are short sold. View TriNet Group's Current Options Chain.

Some companies that are related to TriNet Group include Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), LYFT (LYFT), The Western Union (WU), Fair Isaac (FICO), WEX (WEX), Nielsen (NLSN), Etsy (ETSY), Zillow Group (Z), Zillow Group (ZG), Alliance Data Systems (ADS), CDK Global (CDK), GrubHub (GRUB), CIELO S A/S (CIOXY) and MAXIMUS (MMS).

Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include Celgene (CELG), Tesla (TSLA), Intel (INTC), NVIDIA (NVDA), Applied Materials (AMAT), Walt Disney (DIS), Home Depot (HD), Twitter (TWTR), Comcast (CMCSA) and Gilead Sciences (GILD).

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.02%), Campbell & CO Investment Adviser LLC (0.01%) and Fox Run Management L.L.C. (0.01%). 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.

TNET stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, 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 for TriNet Group.

TNET stock was bought by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C. and Campbell & CO Investment Adviser 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, Robinhood, Fidelity and Charles Schwab.

One share of TNET stock can currently be purchased for approximately $61.23.

TriNet Group has a market capitalization of $4.29 billion and generates $3.50 billion in revenue each year. The business services provider earns $192 million in net income (profit) each year or $2.57 on an earnings per share basis. TriNet Group employs 3,100 workers across the globe.View Additional Information About TriNet Group.

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]