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 announced that its board has approved a stock repurchase 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 reacquire shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) posted its quarterly earnings data on Monday, July, 30th. The business services provider reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.27. The business services provider earned $220 million during the quarter, compared to analyst estimates of $208.41 million. TriNet Group had a net margin of 6.54% and a return on equity of 74.08%. The company's quarterly revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.52 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for TriNet Group.

3 analysts have issued 12-month price targets for TriNet Group's stock. Their forecasts range from $55.00 to $66.00. On average, they anticipate TriNet Group's stock price to reach $62.00 in the next year. This suggests a possible upside of 14.3% from the stock's current price. 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.

Some companies that are related to TriNet Group include Mercadolibre (MELI), Alliance Data Systems (ADS), Akamai Technologies (AKAM), GrubHub (GRUB), Nielsen (NLSN), Zillow Group Inc Class C (Z), CIELO S A/S (CIOXY), Zillow Group Inc Class A (ZG), The Western Union (WU), WEX (WEX), CDK Global (CDK), Fair Isaac (FICO), Healthequity (HQY), Etsy (ETSY) and athenahealth (ATHN).

TriNet Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Cantillon Capital Management LLC (6.40%), BlackRock Inc. (4.33%), Dimensional Fund Advisors LP (1.52%), Hennessy Advisors Inc. (1.07%), Acadian Asset Management LLC (0.96%) and Northern Trust Corp (0.77%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, General Atlantic Llc, H Raymond Bingham, John W Turner, 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 Millennium Management LLC, American Century Companies Inc., Mackay Shields LLC, Engineers Gate Manager LP, Schwab Charles Investment Management Inc., Russell Investments Group Ltd., Golden Gate Private Equity Inc. and Convergence Investment Partners LLC. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

TNET stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, BlackRock Inc., Boston Advisors LLC, Cantillon Capital Management LLC, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, Zacks Investment Management and Chicago Equity Partners 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 $54.23.

TriNet Group has a market capitalization of $3.72 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.

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]