TriNet Group Company Profile (NYSE:TNET)

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

TriNet Group, Inc. (NYSE:TNET) posted its earnings results on Monday, July, 31st. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.18. The business had revenue of $201.01 million for the quarter, compared to analyst estimates of $168.27 million. TriNet Group had a net margin of 3.33% and a return on equity of 201.15%. The company's revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.27 EPS. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for TriNet Group.

4 brokerages have issued 12-month price objectives for TriNet Group's shares. Their forecasts range from $31.00 to $44.00. On average, they expect TriNet Group's share price to reach $35.50 in the next year. View Analyst Ratings for TriNet Group.

Here are some recent quotes from research analysts about TriNet Group stock:

• 1. According to Zacks Investment Research, "TriNet Group, Inc. is a provider of a comprehensive human resources solution for small to medium-sized businesses. It offers payroll, tax administration, risk protection, performance management, compensation consulting, and employee benefit plans. The Company serves banking and financial services, biotech and life sciences, technology, non-profits, professional services, venture capital, and advertising and marketing industries. TriNet Group, Inc. is headquartered in San Leandro, California. " (8/5/2017)
• 2. Stifel Nicolaus analysts commented, "TNET reported 4Q after the close, exceeding both consensus and the high end of guidance. While not unexpected, volume growth (WSEs) continues to decelerate (4% growth y/y down from 12% in Q1), reflecting the three major transitions occurring in TNET's business. (1) The company continues to reprice its insurance book to the corresponding risk in response to elevated claims in 2014/2015. (2) The company began migrating to a vertical solution strategy in 2H16 to differentiate themselves from other PEOs. (3) The company is consolidating all of its business units onto one technology platform to enhance operating leverage and facilitate the introduction of its vertical solutions. For more details on these initiatives see this note. Better than expected net revenue and margins are partially being driven by lower admin fees paid health insurance carriers (historically 15% of insurance revenue and down ~100bps in 2016 and 2017) with the MLR remaining relatively flat at 87-88%." (3/1/2017)

Some companies that are related to TriNet Group include WEX (WEX), HAVAS ORD (HAVSF), Dun & Bradstreet Corporation (The) (DNB), Brink's Company (The) (BCO), Maximus (MMS), CoreLogic (CLGX), Healthcare Services Group (HCSG), Morningstar (MORN), Deluxe Corporation (DLX), Ritchie Bros. Auctioneers Incorporated (RBA), Stantec (STN), Clean Harbors (CLH), Avis Budget Group (CAR), On Assignment (ASGN), Green Dot Corporation (GDOT), Sotheby's (BID), Verifone Systems (PAY) and WageWorks (WAGE).

TriNet Group's management team includes the folowing people:

• H. Raymond Bingham, Independent Chairman of the Board
• Burton M. Goldfield, President, Chief Executive Officer, Director
• William Porter, Chief Financial Officer, Vice President
• Brady Mickelsen, Senior Vice President, Chief Legal Officer, Secretary
• Edward Griese, Senior Vice President - Insurance Services
• Michael J. Angelakis, Independent Director
• Katherine August-deWilde, Independent Director
• Martin Babinec, Independent Director
• Paul E. Chamberlain, Independent Director
• Kenneth A. Goldman, Independent Director

TriNet Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.59%), Cantillon Capital Management LLC (6.31%), TimesSquare Capital Management LLC (2.18%), Dimensional Fund Advisors LP (1.48%), FMR LLC (1.31%) and State Street Corp (1.20%). 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.

TriNet Group's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Macquarie Group Ltd., Cantillon Capital Management LLC, TimesSquare Capital Management LLC, Fiera Capital Corp, Schwab Charles Investment Management Inc., Bank of Montreal Can and JPMorgan Chase & Co.. Company insiders that have sold TriNet Group stock in the last year 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 Insider Buying and Selling for TriNet Group.

TriNet Group's stock was acquired by a variety of institutional investors in the last quarter, including Cramer Rosenthal Mcglynn LLC, Vanguard Group Inc., FMR LLC, Mckinley Capital Management LLC Delaware, Carleon Capital Partners LLC, Goldman Sachs Group Inc., Acadian Asset Management LLC and Dimensional Fund Advisors LP. View Insider Buying and Selling for TriNet Group.

Shares of TriNet Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of TriNet Group stock can currently be purchased for approximately $33.88.