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 announced that its Board of Directors has approved a share buyback program on Wednesday, February 28th 2018, which permits the company to repurchase $120,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) posted its quarterly earnings results on Thursday, July, 25th. The business services provider reported $0.70 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.70. The business services provider had revenue of $231 million for the quarter, compared to analyst estimates of $221.25 million. TriNet Group had a net margin of 5.16% and a return on equity of 46.35%. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.87 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for TriNet Group.

3 equities research analysts have issued 1-year target prices for TriNet Group's shares. Their predictions range from $46.80 to $60.00. On average, they anticipate TriNet Group's share price to reach $53.60 in the next year. This suggests that the stock has a possible downside of 21.8%. 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.

Media stories about TNET stock have trended negative on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TriNet Group earned a news impact score of -2.3 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for TriNet Group.

TriNet Group saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 801,100 shares, a decrease of 11.3% from the June 30th total of 902,900 shares. Based on an average daily volume of 304,500 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.9% of the company's stock are sold short. View TriNet Group's Current Options Chain.

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

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), Walt Disney (DIS), Home Depot (HD), Twitter (TWTR), Comcast (CMCSA) and Gilead Sciences (GILD).

TriNet Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.51%), Cantillon Capital Management LLC (5.95%), BlackRock Inc. (5.30%), Janus Henderson Group PLC (2.82%), Janus Henderson Group PLC (2.82%) and TimesSquare Capital Management LLC (2.59%). 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 Cramer Rosenthal Mcglynn LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, TimesSquare Capital Management LLC, Vanguard Group Inc., Cantillon Capital Management LLC, D. E. Shaw & Co. Inc. and HBK Investments L P. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, Kenneth A Goldman, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

TNET stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Man Group plc, Panagora Asset Management Inc., Charles Schwab Investment Management Inc., First Trust Advisors LP, Renaissance Technologies LLC and North Peak Capital Management LLC. 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 $68.52.

TriNet Group has a market capitalization of $4.80 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.View Additional Information About TriNet Group.

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]