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 of Directors has initiated a stock buyback plan on Wednesday, February 28th 2018, which allows the company to buyback $120,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its stock is undervalued.

TriNet Group Inc (NYSE:TNET) released its earnings results on Thursday, February, 14th. The business services provider reported $0.59 EPS for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.16. The business services provider earned $225 million during the quarter, compared to analysts' expectations of $211.58 million. TriNet Group had a return on equity of 56.98% and a net margin of 5.48%. The firm's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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 stock. Their predictions range from $46.80 to $66.00. On average, they expect TriNet Group's share price to reach $56.36 in the next year. This suggests that the stock has a possible downside of 6.0%. 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.

Media headlines about TNET stock have been trending positive on Friday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TriNet Group earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.

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

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), Bank of America (BAC), Walt Disney (DIS), Home Depot (HD), Twitter (TWTR) and Comcast (CMCSA).

TriNet Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Reinhart Partners Inc. (0.23%), Chartwell Investment Partners LLC (0.09%), Mercer Global Advisors Inc. ADV (0.07%), Strs Ohio (0.03%), Sciencast Management LP (0.01%) and Huntington National Bank (0.00%). 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 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 Strs Ohio and Huntington National Bank. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, Kenneth A Goldman, Martin Babinec, Michael P Murphy 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 Reinhart Partners Inc., Chartwell Investment Partners LLC, Mercer Global Advisors Inc. ADV and Sciencast Management LP. 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 $59.97.

TriNet Group has a market capitalization of $4.20 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.

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]