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 approved a share repurchase plan on Wednesday, February 28th 2018, which permits the company to repurchase $120,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

TriNet Group Inc (NYSE:TNET) announced its quarterly earnings results on Thursday, February, 14th. The business services provider reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.16. The business services provider earned $225 million during the quarter, compared to the consensus estimate of $211.58 million. TriNet Group had a return on equity of 56.98% and a net margin of 5.48%. The business's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.46 earnings per share. 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 12-month target prices for TriNet Group's stock. Their forecasts range from $46.80 to $66.00. On average, they expect TriNet Group's stock price to reach $56.36 in the next year. This suggests that the stock has a possible downside of 8.8%. 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.

Press coverage about TNET stock has trended neutral this week, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. 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 0.2 on InfoTrie's scale. They also gave news headlines about the business services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days.

TriNet Group saw a increase in short interest in February. As of February 15th, there was short interest totalling 1,067,325 shares, an increase of 53.6% from the January 31st total of 695,052 shares. Based on an average trading volume of 545,996 shares, the short-interest ratio is presently 2.0 days. Currently, 2.4% 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 CoStar Group (CSGP), Total System Services (TSS), Msci (MSCI), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Nielsen (NLSN), Alliance Data Systems (ADS), Etsy (ETSY), WEX (WEX), Farfetch (FTCH), The Western Union (WU), CIELO S A/S (CIOXY), Fair Isaac (FICO), Zillow Group (Z) and Zillow Group (ZG).

Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include Celgene (CELG), Tesla (TSLA), Intel (INTC), Applied Materials (AMAT), Twitter (TWTR), Home Depot (HD), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Cantillon Capital Management LLC (6.05%), BlackRock Inc. (4.34%), Dimensional Fund Advisors LP (1.70%), Norges Bank (1.09%), Geode Capital Management LLC (0.86%) and Geode Capital Management LLC (0.87%). 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, 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, FMR LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Gotham Asset Management LLC and Prana Capital Management LP. 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 Norges Bank, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, BlackRock Inc., Reinhart Partners Inc., Dimensional Fund Advisors LP, D. E. Shaw & Co. Inc. and Prudential Financial Inc.. 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 $61.80.

TriNet Group has a market capitalization of $4.34 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]