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 buyback plan on Wednesday, February 28th 2018, which authorizes the company to repurchase $120,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its stock is undervalued.

TriNet Group Inc (NYSE:TNET) announced its quarterly earnings data on Monday, April, 30th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.15. The business services provider had revenue of $220 million for the quarter, compared to analyst estimates of $217.55 million. TriNet Group had a net margin of 6.09% and a return on equity of 83.91%. The firm's quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 EPS. 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 equities research analysts have issued 1-year price objectives for TriNet Group's shares. Their forecasts range from $36.00 to $64.00. On average, they expect TriNet Group's stock price to reach $49.3333 in the next year. View Analyst Ratings for TriNet Group.

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

Media headlines about TNET stock have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of 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 0.07 on Accern's scale. They also assigned news headlines about the business services provider an impact score of 46.18 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

TriNet Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Cantillon Capital Management LLC (5.89%), BlackRock Inc. (3.73%), Dimensional Fund Advisors LP (1.51%), Hennessy Advisors Inc. (1.10%), Millennium Management LLC (1.07%) and Summit Trail Advisors LLC (0.76%). 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 Barclays PLC, Mckinley Capital Management LLC Delaware, Hennessy Advisors Inc., Fiera Capital Corp, PNC Financial Services Group Inc., JPMorgan Chase & Co., Russell Investments Group Ltd. and Dimensional Fund Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Matarin Capital Management LLC, Cantillon Capital Management LLC, Mackay Shields LLC, BlackRock Inc., Citigroup Inc., Smith Asset Management Group LP and GSA Capital Partners LLP. 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 $55.62.

TriNet Group has a market capitalization of $3.99 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]