NYSE:TNET - TriNet Group Stock Price, News, Headlines & Rumors

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

TriNet Group declared that its board has approved a stock buyback plan on Wednesday, February 28th 2018, which allows the company to repurchase $120,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

TriNet Group Inc (NYSE:TNET) issued its earnings results on Monday, July, 30th. The business services provider reported $0.87 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.27. The business services provider had revenue of $220 million for the quarter, compared to the consensus estimate of $208.41 million. TriNet Group had a return on equity of 74.08% and a net margin of 6.54%. The business's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.52 EPS. 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.

4 brokers have issued twelve-month price objectives for TriNet Group's stock. Their predictions range from $36.00 to $66.00. On average, they anticipate TriNet Group's share price to reach $55.50 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for TriNet Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 1 sell rating, 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 CoStar Group (CSGP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), GrubHub (GRUB), CIELO S A/S (CIOXY), Zillow Group Inc Class A (ZG), Zillow Group Inc Class C (Z), The Western Union (WU), CDK Global (CDK), WEX (WEX), Nielsen (NLSN), Fair Isaac (FICO) and athenahealth (ATHN).

Media coverage about TNET stock has been trending positive on Thursday, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. TriNet Group earned a media and rumor sentiment score of 0.32 on Accern's scale. They also assigned news coverage about the business services provider an impact score of 47.40 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for TriNet Group.

TriNet Group's stock is owned by a variety 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 Bank of New York Mellon Corp (0.73%). 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 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 purchased 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 $58.00.

TriNet Group has a market capitalization of $4.00 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]