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

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$45.03 -1.40 (-3.02 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$46.43
Today's Range$44.93 - $46.59
52-Week Range$38.26 - $60.15
Volume172,800 shs
Average Volume351,590 shs
Market Capitalization$3.27 billion
P/E Ratio26.18
Dividend YieldN/A
Beta2.4
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNYSE:TNET
Previous Symbol
CUSIPN/A
Phone510-352-5000

Debt

Debt-to-Equity Ratio1.13
Current Ratio1.20
Quick Ratio1.20

Price-To-Earnings

Trailing P/E Ratio26.18
Forward P/E Ratio17.73
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales0.97
Cash Flow$2.2074 per share
Price / Cash20.40
Book Value$4.97 per share
Price / Book9.06

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$178 million
Net Margins6.67%
Return on Equity63.58%
Return on Assets8.18%

Miscellaneous

Employees2,700
Outstanding Shares70,440,000
Market Cap$3.27 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 initiated a stock buyback plan on Wednesday, February 28th 2018, which allows the company to buyback $120,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) announced its earnings results on Monday, October, 29th. The business services provider reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.20. The business services provider had revenue of $228 million for the quarter, compared to the consensus estimate of $202.65 million. TriNet Group had a return on equity of 63.58% and a net margin of 6.67%. The company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the business 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 updated its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $0.42-0.56 for the period, compared to the Thomson Reuters consensus 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 brokerages have issued twelve-month price objectives for TriNet Group's shares. Their forecasts range from $54.00 to $66.00. On average, they expect TriNet Group's stock price to reach $58.3333 in the next twelve months. This suggests a possible upside of 29.5% 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?

Media headlines about TNET stock have trended somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TriNet Group earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock'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. Brady Mickelsen, Chief Legal Officer, Sr. VP & Sec. (Age 47)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 55)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 45)

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Cantillon Capital Management LLC (6.01%), BlackRock Inc. (4.14%), Janus Henderson Group PLC (1.16%), Acadian Asset Management LLC (0.77%), Bank of New York Mellon Corp (0.70%) and Emerald Advisers Inc. PA (0.50%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, General Atlantic Llc, H Raymond Bingham, John W Turner, Martin Babinec, Michael P Murphy, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

Which institutional investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC, BlackRock Inc., Acadian Asset Management LLC, James Investment Research Inc., PNC Financial Services Group Inc., Bank of New York Mellon Corp, Bank of Montreal Can and Russell Investments Group Ltd.. 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.

Which institutional investors are buying TriNet Group stock?

TNET stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, AXA, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, SG Americas Securities LLC, JPMorgan Chase & Co., State Board of Administration of Florida Retirement System and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for TriNet Group.

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 $45.03.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $3.27 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:  2.6 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  417
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 11/12/2018 by MarketBeat.com Staff

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