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 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.

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.

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

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.

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.

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.

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.

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

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 $43.68.

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.

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]