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 authorized a share 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 buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

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

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for TriNet Group.

3 brokers have issued 12 month price objectives for TriNet Group's stock. Their predictions range from $46.80 to $60.00. On average, they expect TriNet Group's share price to reach $53.60 in the next twelve months. This suggests that the stock has a possible downside of 20.7%. View Analyst Price Targets for TriNet Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TriNet Group.

News headlines about TNET stock have been trending positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive 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 -5 to 5, with scores nearest to five being the most favorable. TriNet Group earned a news impact score of 2.5 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for TriNet Group.

TriNet Group saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 801,100 shares, a decrease of 11.3% from the June 30th total of 902,900 shares. Based on an average daily volume of 304,500 shares, the short-interest ratio is presently 2.6 days. Currently, 1.9% of the shares of the company are sold short. View TriNet Group's Current Options Chain.

Some companies that are related to TriNet Group include Ctrip.Com International (CTRP), LYFT (LYFT), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Fair Isaac (FICO), The Western Union (WU), WEX (WEX), Zillow Group (Z), Nielsen (NLSN), Zillow Group (ZG), Alliance Data Systems (ADS), Etsy (ETSY), GrubHub (GRUB), CDK Global (CDK) 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 a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.51%), Cantillon Capital Management LLC (5.95%), BlackRock Inc. (5.30%), Janus Henderson Group PLC (2.82%), Janus Henderson Group PLC (2.82%) and TimesSquare Capital Management LLC (2.59%). 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 Cramer Rosenthal Mcglynn LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, TimesSquare Capital Management LLC, Vanguard Group Inc., Cantillon Capital Management LLC, D. E. Shaw & Co. Inc. and HBK Investments L P. 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 and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

TNET stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Man Group plc, Panagora Asset Management Inc., Charles Schwab Investment Management Inc., First Trust Advisors LP, Renaissance Technologies LLC and North Peak 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 $67.60.

TriNet Group has a market capitalization of $4.73 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]