NYSE:TNET - TriNet Group Stock Price, News, & Analysis

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$60.84 -1.15 (-1.86 %)
(As of 04/25/2019 12:10 PM ET)
Previous Close$61.99
Today's Range$60.09 - $61.52
52-Week Range$38.74 - $63.65
Volume49,571 shs
Average Volume249,666 shs
Market Capitalization$4.26 billion
P/E Ratio23.67
Dividend YieldN/A
Beta2.15
TriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefit law compliance; and other services. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality. The company markets its solutions through its sales representatives. TriNet Group, Inc. was founded in 1988 and is headquartered in Dublin, California.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone510-352-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.50 billion
Cash Flow$3.2173 per share
Book Value$5.32 per share

Profitability

Net Income$192 million

Miscellaneous

Employees3,100
Market Cap$4.26 billion
Next Earnings Date4/29/2019 (Confirmed)
OptionableOptionable

TriNet Group (NYSE:TNET) Frequently Asked Questions

What is TriNet Group's stock symbol?

TriNet Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNET."

How will TriNet Group's stock buyback program work?

TriNet Group declared that its board has initiated a share 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. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) issued its quarterly earnings data 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 analyst estimates of $211.58 million. TriNet Group had a return on equity of 56.98% and a net margin of 5.48%. The company's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 earnings per share. View TriNet Group's Earnings History.

When is TriNet Group's next earnings date?

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for TriNet Group.

How can I listen to TriNet Group's earnings call?

TriNet Group will be holding an earnings conference call on Monday, April 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 4123175426.

What price target have analysts set for TNET?

5 analysts have issued twelve-month price objectives for TriNet Group's stock. Their predictions range from $46.80 to $66.00. On average, they anticipate TriNet Group's share price to reach $56.36 in the next year. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for TriNet Group.

What is the consensus analysts' recommendation 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.

Has TriNet Group been receiving favorable news coverage?

News stories about TNET stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TriNet Group earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage 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 effect on the company's share price in the near future.

Who are some of TriNet Group's key competitors?

What other stocks do shareholders of TriNet Group own?

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), Boeing (BA), Twitter (TWTR), Comcast (CMCSA), QUALCOMM (QCOM) and Bank of America (BAC).

Who are TriNet Group's key executives?

TriNet Group's management team includes the folowing people:
  • Mr. Burton M. Goldfield, Pres, CEO & Director (Age 63)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 57)
  • Ms. Samantha Wellington, Sr. VP, Chief Legal Officer & Sec. (Age 41)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 56)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 46)

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (0.23%), Boston Advisors LLC (0.09%), Chartwell Investment Partners LLC (0.09%), Mercer Global Advisors Inc. ADV (0.07%), Mercer Global Advisors Inc. ADV (0.07%) and Strs Ohio (0.03%). 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.

Which major investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC, First Quadrant L P CA, 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.

Which major investors are buying TriNet Group stock?

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, Mercer Global Advisors Inc. ADV, Sciencast Management LP and Oppenheimer Asset Management Inc.. View Insider Buying and Selling for TriNet Group.

How do I buy shares of 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.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $60.61.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $4.25 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.

What is TriNet Group's official website?

The official website for TriNet Group is http://www.trinet.com.

How can I contact TriNet Group?

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]


MarketBeat Community Rating for TriNet Group (NYSE TNET)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  248 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  467
MarketBeat's community ratings are surveys of what our community members think about TriNet Group and other stocks. Vote "Outperform" if you believe TNET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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