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 declared that its board has authorized a stock repurchase plan on Wednesday, February 28th 2018, which permits the company to repurchase $120,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

TriNet Group Inc (NYSE:TNET) released its quarterly earnings data on Monday, April, 30th. The business services provider reported $0.80 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.65 by $0.15. The business services provider had revenue of $220 million for the quarter, compared to analyst estimates of $217.55 million. TriNet Group had a net margin of 6.09% and a return on equity of 83.91%. TriNet Group's revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $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 Wall Street analysts have issued 1 year price targets for TriNet Group's shares. Their forecasts range from $36.00 to $64.00. On average, they expect TriNet Group's stock price to reach $49.3333 in the next year. This suggests that the stock has a possible downside of 9.4%. 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).

News stories about TNET stock have trended somewhat positive on Monday, according to Accern. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TriNet Group earned a media sentiment score of 0.15 on Accern's scale. They also assigned media stories about the business services provider an impact score of 46.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

TriNet Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Empowered Funds LLC (0.04%), Bank of Montreal Can (0.03%), 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 bought by a variety of institutional investors in the last quarter, including Empowered Funds LLC, Bank of Montreal Can 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 $54.48.

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]