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NYSE:TNET

TriNet Group - TNET Stock Forecast, Price & News

$76.54
-0.07 (-0.09%)
(As of 03/24/2023 02:21 PM ET)
Add
Compare
Today's Range
$75.07
$76.80
50-Day Range
$73.08
$91.05
52-Week Range
$60.60
$103.36
Volume
118,220 shs
Average Volume
367,110 shs
Market Capitalization
$4.59 billion
P/E Ratio
13.77
Dividend Yield
N/A
Price Target
$81.25

TriNet Group MarketRank™ Forecast

Analyst Rating
Hold
1.75 Rating Score
Upside/​Downside
6.2% Upside
$81.25 Price Target
Short Interest
Healthy
2.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.89mentions of TriNet Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$1.48 M Sold Last Quarter
Proj. Earnings Growth
9.39%
From $4.26 to $4.66 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Business Services Sector

245th out of 323 stocks

Business Services, Not Elsewhere Classified Industry

72nd out of 90 stocks


TNET stock logo

About TriNet Group (NYSE:TNET) Stock

TriNet Group, Inc. provides human capital management (HCM) solutions to small and mid-sized businesses. Its services include HR expertise, benefit options, payroll services, risk mitigation, and a technology platform. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.

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TNET Stock News Headlines

StockNews.com Begins Coverage on TriNet Group (NYSE:TNET)
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
TriNet Group Full Year 2022 Earnings: Beats Expectations
Top TriNet Competitors (2022 Comparison)
TriNet Announces Two Key Executive Appointments
See More Headlines
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TNET Company Calendar

Last Earnings
2/15/2023
Today
3/24/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$81.25
High Stock Price Forecast
$96.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+6.1%
Consensus Rating
Hold
Rating Score (0-4)
1.75
Research Coverage
4 Analysts

Profitability

Net Income
$355 million
Pretax Margin
9.87%

Debt

Sales & Book Value

Annual Sales
$4.89 billion
Cash Flow
$8.23 per share
Book Value
$12.45 per share

Miscellaneous

Free Float
35,630,000
Market Cap
$4.60 billion
Optionable
Optionable
Beta
1.16

Key Executives

  • Burton M. GoldfieldBurton M. Goldfield
    President & Chief Executive Officer
  • Tom Rose
    Senior VP-Customer Success & Operations
  • Kelly Lee Groh
    Executive VP, Chief Financial & Accounting Officer
  • Jay Venkat
    Chief Digital & Innovation Officer
  • Jeffery Hayward
    Chief Technology Officer













TNET Stock - Frequently Asked Questions

Should I buy or sell TriNet Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TNET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNET, but not buy additional shares or sell existing shares.
View TNET analyst ratings
or view top-rated stocks.

What is TriNet Group's stock price forecast for 2023?

4 brokers have issued 1-year target prices for TriNet Group's stock. Their TNET share price forecasts range from $70.00 to $96.00. On average, they expect the company's stock price to reach $81.25 in the next year. This suggests a possible upside of 6.6% from the stock's current price.
View analysts price targets for TNET
or view top-rated stocks among Wall Street analysts.

How have TNET shares performed in 2023?

TriNet Group's stock was trading at $67.80 at the beginning of 2023. Since then, TNET shares have increased by 12.4% and is now trading at $76.19.
View the best growth stocks for 2023 here
.

When is TriNet Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our TNET earnings forecast
.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) announced its quarterly earnings results on Wednesday, February, 15th. The business services provider reported $0.91 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.78. The business services provider had revenue of $310 million for the quarter, compared to analyst estimates of $250.09 million. TriNet Group had a trailing twelve-month return on equity of 52.06% and a net margin of 7.31%.

What guidance has TriNet Group issued on next quarter's earnings?

TriNet Group issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of $1.70-$2.20 for the period, compared to the consensus estimate of $1.76. The company issued revenue guidance of $1.23 billion-$1.24 billion, compared to the consensus revenue estimate of $1.33 billion.

What is Burton M. Goldfield's approval rating as TriNet Group's CEO?

429 employees have rated TriNet Group Chief Executive Officer Burton M. Goldfield on Glassdoor.com. Burton M. Goldfield has an approval rating of 80% among the company's employees.

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 NVIDIA (NVDA), Home Depot (HD), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Block (SQ), Verizon Communications (VZ) and Applied Materials (AMAT).

What is TriNet Group's stock symbol?

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

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (5.59%), Mawer Investment Management Ltd. (4.25%), Dimensional Fund Advisors LP (2.18%), ArrowMark Colorado Holdings LLC (2.12%), Geode Capital Management LLC (1.18%) and Fuller & Thaler Asset Management Inc. (1.01%). Insiders that own company stock include Alexander G Warren, Barrett Boston, Burton M Goldfield, Burton M Goldfield, Edward Griese, H Raymond Bingham, Jonathan D Lee, Katherine August-Dewilde, Kenneth A Goldman, Martin Babinec, Michael P Murphy, Olivier Kohler, Paul Edward Chamberlain, Ralph A Clark, Samantha Wellington, Stephen Davis and Wayne B Lowell.
View institutional ownership trends
.

How do I buy shares of TriNet Group?

Shares of TNET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $76.19.

How much money does TriNet Group make?

TriNet Group (NYSE:TNET) has a market capitalization of $4.57 billion and generates $4.89 billion in revenue each year. The business services provider earns $355 million in net income (profit) each year or $5.56 on an earnings per share basis.

How many employees does TriNet Group have?

The company employs 3,600 workers across the globe.

How can I contact TriNet Group?

TriNet Group's mailing address is ONE PARK PLACE SUITE 600, DUBLIN CA, 94568. The official website for the company is www.trinet.com. The business services provider can be reached via phone at (510) 352-5000, via email at investorrelations@trinet.com, or via fax at 510-352-6480.

This page (NYSE:TNET) was last updated on 3/24/2023 by MarketBeat.com Staff