NYSE:TNET - TriNet Group Stock Price, Price Target & More

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 stock repurchase program 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 purchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) released its quarterly earnings data on Monday, April, 30th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.15. The business services provider earned $220 million during the quarter, compared to the consensus estimate of $217.55 million. TriNet Group had a net margin of 6.09% and a return on equity of 83.91%. The business's revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.45 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for TriNet Group.

3 analysts have issued 12-month target prices for TriNet Group's shares. Their forecasts range from $36.00 to $64.00. On average, they anticipate TriNet Group's stock price to reach $49.3333 in the next twelve months. View Analyst Ratings for TriNet Group.

Some companies that are related to TriNet Group include Msci (MSCI), Worldpay (WP), CoStar Group (CSGP), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Mercadolibre (MELI), Zillow Group Inc Class A (ZG), Zillow Group Inc Class C (Z), CIELO S A/S (CIOXY), Nielsen (NLSN), The Western Union (WU), GrubHub (GRUB), CDK Global (CDK) and WEX (WEX).

News articles about TNET stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. TriNet Group earned a news sentiment score of 0.15 on Accern's scale. They also assigned media stories about the business services provider an impact score of 46.21 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (5.89%), BlackRock Inc. (3.73%), Dimensional Fund Advisors LP (1.51%), Hennessy Advisors Inc. (1.10%), Millennium Management LLC (1.07%) and Summit Trail Advisors LLC (0.76%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, General Atlantic Llc, H Raymond Bingham, John W Turner, Kenneth A Goldman, 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 Barclays PLC, Mckinley Capital Management LLC Delaware, Hennessy Advisors Inc., Fiera Capital Corp, PNC Financial Services Group Inc., JPMorgan Chase & Co., Russell Investments Group Ltd. and Dimensional Fund Advisors LP. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, 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 Summit Trail Advisors LLC, Matarin Capital Management LLC, Cantillon Capital Management LLC, Mackay Shields LLC, BlackRock Inc., Citigroup Inc., Smith Asset Management Group 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 $54.66.

TriNet Group has a market capitalization of $3.84 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.

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]