NYSE:TNET - TriNet Group Stock Price, Price Target & More

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 stock repurchase 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 buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) posted its quarterly earnings results on Monday, April, 30th. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.15. The business services provider earned $220 million during the quarter, compared to analysts' expectations of $217.55 million. TriNet Group had a return on equity of 83.91% and a net margin of 6.09%. The firm's revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 EPS. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for TriNet Group.

3 brokers have issued 12-month price objectives for TriNet Group's shares. Their forecasts range from $36.00 to $64.00. On average, they anticipate TriNet Group's stock price to reach $49.3333 in the next year. This suggests that the stock has a possible downside of 11.0%. View Analyst Ratings for TriNet Group.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to TriNet Group include CoStar Group (CSGP), Worldpay (WP), Msci (MSCI), Mercadolibre (MELI), Broadridge Financial Solutions (BR), Alliance Data Systems (ADS), Akamai Technologies (AKAM), Zillow Group Inc Class A (ZG), Zillow Group Inc Class C (Z), CIELO S A/S (CIOXY), Nielsen (NLSN), GrubHub (GRUB), The Western Union (WU), CDK Global (CDK) and WEX (WEX).

Media headlines about TNET stock have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TriNet Group earned a media sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the business services provider an impact score of 45.17 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Empowered Funds LLC (0.04%), Xact Kapitalforvaltning AB (0.01%) and Mckinley Capital Management LLC Delaware (0.00%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, General Atlantic Llc, H Raymond Bingham, John W Turner, Kenneth A Goldman, Martin Babinec, Michael P Murphy, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

TNET stock was sold by a variety of institutional investors in the last quarter, including Mckinley Capital Management LLC Delaware. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

TNET stock was acquired by a variety of institutional investors in the last quarter, including Empowered Funds LLC and Xact Kapitalforvaltning AB. 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 $55.44.

TriNet Group has a market capitalization of $3.90 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.

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]