NYSE:TNET - TriNet Group Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$43.68 +0.64 (+1.49 %)
(As of 01/16/2019 03:51 AM ET)
Previous Close$43.04
Today's Range$42.89 - $44.11
52-Week Range$38.26 - $60.15
Volume194,900 shs
Average Volume281,230 shs
Market Capitalization$3.04 billion
P/E Ratio25.40
Dividend YieldN/A
Beta2.16
TriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefit law compliance; and other services. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality. The company markets its solutions through its sales representatives. TriNet Group, Inc. was founded in 1988 and is headquartered in San Leandro, California.

Receive TNET News and Ratings via Email

Sign-up to receive the latest news and ratings for TNET and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone510-352-5000

Debt

Current Ratio1.20
Quick Ratio1.20

Price-To-Earnings

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales0.94
Cash Flow$2.3038 per share
Price / Cash Flow18.96
Book Value$2.96 per share
Price / Book14.76

Profitability

Net Income$178 million
Net Margins6.67%
Return on Assets8.18%

Miscellaneous

Employees2,700
Market Cap$3.04 billion
OptionableOptionable

TriNet Group (NYSE:TNET) Frequently Asked Questions

What is TriNet Group's stock symbol?

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

How will TriNet Group's stock buyback program work?

TriNet Group declared that its Board of Directors has authorized a share buyback program on Wednesday, February 28th 2018, which authorizes the company to repurchase $120,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its shares are undervalued.

How were TriNet Group's earnings last quarter?

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

When is TriNet Group's next earnings date?

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

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

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

What price target have analysts set for TNET?

3 analysts have issued 12-month target prices for TriNet Group's stock. Their predictions range from $54.00 to $66.00. On average, they anticipate TriNet Group's share price to reach $58.3333 in the next year. This suggests a possible upside of 33.5% from the stock's current price. View Analyst Price Targets for TriNet Group.

What is the consensus analysts' recommendation 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.

Has TriNet Group been receiving favorable news coverage?

News articles about TNET stock have been trending negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. TriNet Group earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the near future.

Who are some of TriNet Group's key competitors?

Who are TriNet Group's key executives?

TriNet Group's management team includes the folowing people:
  • Mr. Burton M. Goldfield, Pres, CEO & Director (Age 62)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 56)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 55)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 45)
  • Mr. Brady Mickelsen, VP (Age 47)

How do I buy shares of 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.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $43.68.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $3.04 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.

What is TriNet Group's official website?

The official website for TriNet Group is http://www.trinet.com.

How can I contact TriNet Group?

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]


MarketBeat Community Rating for TriNet Group (NYSE TNET)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  202 (Vote Underperform)
Total Votes:  432
MarketBeat's community ratings are surveys of what our community members think about TriNet Group and other stocks. Vote "Outperform" if you believe TNET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

Featured Article: Roth IRA

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel