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

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

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

TriNet Group Inc (NYSE:TNET) issued its quarterly earnings data on Thursday, February, 14th. The business services provider reported $0.59 EPS for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.16. The business services provider earned $225 million during the quarter, compared to analyst estimates of $211.58 million. TriNet Group had a return on equity of 56.98% and a net margin of 5.48%. The company's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for TriNet Group.

TriNet Group will be holding an earnings conference call on Monday, April 29th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 4123175426.

5 analysts have issued twelve-month price objectives for TriNet Group's stock. Their predictions range from $46.80 to $66.00. On average, they anticipate TriNet Group's share price to reach $56.36 in the next year. This suggests that the stock has a possible downside of 7.0%. View Analyst Price Targets for TriNet Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TriNet Group.

News stories about TNET stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TriNet Group earned a daily sentiment score of 1.5 on InfoTrie's scale. They also assigned press coverage about the business services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.

Some companies that are related to TriNet Group include CoStar Group (CSGP), LYFT (LYFT), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Nielsen (NLSN), WEX (WEX), Alliance Data Systems (ADS), The Western Union (WU), Fair Isaac (FICO), Etsy (ETSY), CDK Global (CDK), Farfetch (FTCH), Zillow Group (Z), Zillow Group (ZG) and GrubHub (GRUB).

Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include Celgene (CELG), Tesla (TSLA), Intel (INTC), NVIDIA (NVDA), Applied Materials (AMAT), Boeing (BA), Twitter (TWTR), Comcast (CMCSA), QUALCOMM (QCOM) and Bank of America (BAC).

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (0.23%), Boston Advisors LLC (0.09%), Chartwell Investment Partners LLC (0.09%), Mercer Global Advisors Inc. ADV (0.07%), Mercer Global Advisors Inc. ADV (0.07%) and Strs Ohio (0.03%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, Kenneth A Goldman, LP Agi-T, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Institutional Ownership Trends for TriNet Group.

TNET stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC, First Quadrant L P CA, Strs Ohio and Huntington National Bank. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, Kenneth A Goldman, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

TNET stock was bought by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Chartwell Investment Partners LLC, Mercer Global Advisors Inc. ADV, Mercer Global Advisors Inc. ADV, Sciencast Management LP and Oppenheimer Asset Management Inc.. 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 $60.61.

TriNet Group has a market capitalization of $4.25 billion and generates $3.50 billion in revenue each year. The business services provider earns $192 million in net income (profit) each year or $2.57 on an earnings per share basis. TriNet Group employs 3,100 workers across the globe.

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

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]