S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
NYSE:TNET

TriNet Group (TNET) Stock Forecast, Price & News

$81.79
+2.02 (+2.53%)
(As of 05/17/2022 12:00 AM ET)
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Today's Range
$80.05
$82.08
50-Day Range
$79.23
$102.77
52-Week Range
$69.43
$109.40
Volume
460,218 shs
Average Volume
505,137 shs
Market Capitalization
$5.09 billion
P/E Ratio
14.18
Dividend Yield
N/A
Beta
1.29
30 days | 90 days | 365 days | Advanced Chart
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TriNet Group logo

About TriNet Group

TriNet Group, Inc. provides human resources (HR) solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize businesses in the United States. 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 benefits law compliance; and other HR related services. It serves clients in various industries, including technology, professional services, financial services, life sciences, not-for-profit, property management, retail, manufacturing, and hospitality. The company sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.

Headlines

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Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
2,800
Year Founded
N/A

Sales & Book Value

Annual Sales
$4.54 billion
Cash Flow
$6.69 per share
Book Value
$13.40 per share

Profitability

Net Income
$338 million
Pretax Margin
10.77%

Debt

Price-To-Earnings

Miscellaneous

Free Float
36,981,000
Market Cap
$5.09 billion
Optionable
Optionable

Company Calendar

Last Earnings
4/26/2022
Today
5/18/2022
Next Earnings (Estimated)
7/25/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

2.51 out of 5 stars

Business Services Sector

104th out of 463 stocks

Business Services, Not Elsewhere Classified Industry

43rd out of 142 stocks

Analyst Opinion: 1.2Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 5.0Valuation: 1.9 5 -4 -3 -2 -1 -













TriNet Group (NYSE:TNET) Frequently Asked Questions

Is TriNet Group a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TriNet Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TNET, but not buy additional shares or sell existing shares.
View analyst ratings for TriNet Group
or view top-rated stocks.

Are investors shorting TriNet Group?

TriNet Group saw a decrease in short interest in April. As of April 30th, there was short interest totaling 1,790,000 shares, a decrease of 42.4% from the April 15th total of 3,110,000 shares. Based on an average trading volume of 620,600 shares, the short-interest ratio is currently 2.9 days. Currently, 3.1% of the shares of the stock are short sold.
View TriNet Group's Short Interest
.

When is TriNet Group's next earnings date?

TriNet Group is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for TriNet Group
.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) released its quarterly earnings data on Tuesday, April, 26th. The business services provider reported $2.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.90 by $0.65. TriNet Group had a trailing twelve-month return on equity of 50.20% and a net margin of 8.15%. During the same period in the previous year, the firm earned $1.52 EPS.
View TriNet Group's earnings history
.

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

TriNet Group issued an update on its FY22 earnings guidance on Tuesday, April, 26th. The company provided earnings per share guidance of $4.7-5.35 for the period, compared to the consensus estimate of $4.96.

What price target have analysts set for TNET?

3 Wall Street analysts have issued 12 month price targets for TriNet Group's shares. Their forecasts range from $71.92 to $100.00. On average, they expect TriNet Group's stock price to reach $87.31 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
View analysts' price targets for TriNet Group
or view top-rated stocks among Wall Street analysts.

Who are TriNet Group's key executives?
TriNet Group's management team includes the following people:
  • Mr. Burton M. Goldfield, Pres, CEO & Director (Age 66, Pay $2.86M) (LinkedIn Profile)
  • Ms. Kelly Lee Tuminelli, Exec. VP of Fin. & CFO (Age 53, Pay $1.85M)
  • Mr. Olivier H. Kohler, Exec. VP & COO (Age 59, Pay $1.79M) (LinkedIn Profile)
  • Ms. Samantha Wellington, Exec. VP of Bus. Affairs, Chief Legal Officer & Sec. (Age 44, Pay $928.38k) (LinkedIn Profile)
  • Mr. Jonathan Lee, Principal Accounting Officer, Chief Accounting Officer & Controller (Age 43)
  • Mr. Craig D. Flower, Chief Technology Officer (Age 63)
  • Mr. Alex Bauer, Exec. Director of Investor Relations
  • Mr. Michael Mendenhall, Sr. VP, Chief Marketing Officer & Chief Communications Officer (Age 60)
  • Mr. Jonathan Lecompte, Sr. VP & Chief Sales Officer
  • Ms. Catherine Mary Wragg, Sr. VP of HR (Age 51)
What is Burton M. Goldfield's approval rating as TriNet Group's CEO?

429 employees have rated TriNet Group CEO Burton M. Goldfield on Glassdoor.com. Burton M. Goldfield has an approval rating of 80% among TriNet Group's employees.

What other stocks do shareholders of TriNet Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include NVIDIA (NVDA), Home Depot (HD), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Square (SQ), Verizon Communications (VZ) and Applied Materials (AMAT).

What is TriNet Group's stock symbol?

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

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wellington Management Group LLP (6.73%), Vanguard Group Inc. (5.79%), Cantillon Capital Management LLC (5.77%), BlackRock Inc. (4.80%), Mawer Investment Management Ltd. (4.16%) and Dimensional Fund Advisors LP (2.03%). Company insiders that own TriNet Group stock include Barrett Boston, Burton M Goldfield, Burton M Goldfield, Edward Griese, H Raymond Bingham, Katherine August-Dewilde, Martin Babinec, Michael P Murphy, Olivier Kohler, Paul Edward Chamberlain, Ralph A Clark, Samantha Wellington, Stephen Davis and Wayne B Lowell.
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 BlackRock Inc., Massachusetts Financial Services Co. MA, Federated Hermes Inc., Vanguard Group Inc., Acadian Asset Management LLC, Jupiter Asset Management Ltd., Mercer Global Advisors Inc. ADV, and SG Americas Securities LLC. Company insiders that have sold TriNet Group company stock in the last year include Burton M Goldfield, H Raymond Bingham, Martin Babinec, Olivier Kohler, Paul Edward Chamberlain, Samantha Wellington, and Wayne B Lowell.
View insider buying and selling activity for TriNet Group
or view top insider-selling stocks.

Which institutional investors are buying TriNet Group stock?

TNET stock was purchased by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Hawk Ridge Capital Management LP, Francisco Partners Management LP, Emerald Advisers LLC, Cantillon Capital Management LLC, Picton Mahoney Asset Management, Nordea Investment Management AB, and Twin Tree Management LP.
View insider buying and selling activity for TriNet Group
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $81.79.

How much money does TriNet Group make?

TriNet Group has a market capitalization of $5.09 billion and generates $4.54 billion in revenue each year. The business services provider earns $338 million in net income (profit) each year or $5.769990 on an earnings per share basis.

How many employees does TriNet Group have?

TriNet Group employs 2,800 workers across the globe.

What is TriNet Group's official website?

The official website for TriNet Group is 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, via email at [email protected], or via fax at 510-352-6480.

This page was last updated on 5/18/2022 by MarketBeat.com Staff

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