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 share buyback program 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 repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) announced its quarterly earnings results on Monday, October, 29th. The business services provider reported $0.75 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.20. The business services provider earned $228 million during the quarter, compared to the consensus estimate of $202.65 million. TriNet Group had a net margin of 6.67% and a return on equity of 63.58%. The firm's quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.56 EPS. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for TriNet Group.

TriNet Group updated its fourth quarter earnings guidance on Monday, October, 29th. The company provided EPS guidance of $0.42-0.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.52. TriNet Group also updated its FY18 guidance to $2.85-2.99 EPS.

3 equities research analysts have issued 12 month target prices for TriNet Group's shares. Their predictions range from $54.00 to $66.00. On average, they expect TriNet Group's share price to reach $58.3333 in the next year. This suggests a possible upside of 30.3% 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.

Press coverage about TNET stock has trended somewhat positive on Monday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TriNet Group earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future.

Some companies that are related to TriNet Group include Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Nielsen (NLSN), The Western Union (WU), GrubHub (GRUB), WEX (WEX), CIELO S A/S (CIOXY), Farfetch (FTCH), CDK Global (CDK), Zillow Group (Z), Zillow Group (ZG), Etsy (ETSY), Fair Isaac (FICO) and athenahealth (ATHN).

TriNet Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Cantillon Capital Management LLC (6.01%), BlackRock Inc. (4.14%), Dimensional Fund Advisors LP (1.57%), Janus Henderson Group PLC (1.16%), Acadian Asset Management LLC (0.77%) and Bank of New York Mellon Corp (0.70%). 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 Cantillon Capital Management LLC, Teachers Advisors LLC, BlackRock Inc., Acadian Asset Management LLC, Deutsche Bank AG, Renaissance Technologies LLC, Harbor Spring Capital LLC and James Investment Research Inc.. 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 Janus Henderson Group PLC, Matarin Capital Management LLC, AXA, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, SG Americas Securities LLC, Dimensional Fund Advisors 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 $44.76.

TriNet Group has a market capitalization of $3.15 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]