TriNet Group Stock Price, News & Analysis (NYSE:TNET)

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

TriNet Group announced that its board has approved a share repurchase program on Wednesday, February 28th 2018, which authorizes the company to repurchase $120,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

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

TriNet Group is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for TriNet Group.

TriNet Group will be holding an earnings conference call on Thursday, October 24th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 brokerages have issued 12 month price objectives for TriNet Group's stock. Their forecasts range from $46.80 to $80.00. On average, they expect TriNet Group's stock price to reach $60.20 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for TriNet Group.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TriNet Group.

Media stories about TNET stock have been trending negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. TriNet Group earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned media stories about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for TriNet Group.

TriNet Group saw a decline in short interest during the month of September. As of September 30th, there was short interest totalling 1,430,000 shares, a decline of 10.6% from the August 30th total of 1,600,000 shares. Based on an average trading volume of 347,800 shares, the days-to-cover ratio is presently 4.1 days. Currently, 3.2% of the company's stock are sold short. View TriNet Group's Current Options Chain.

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

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), Twitter (TWTR), Applied Materials (AMAT), Comcast (CMCSA), Gilead Sciences (GILD), Boeing (BA) and Walt Disney (DIS).

TriNet Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Strs Ohio (0.03%), Envestnet Asset Management Inc. (0.02%), Campbell & CO Investment Adviser LLC (0.01%) and Fox Run Management L.L.C. (0.01%). 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, Paul Edward Chamberlain 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 Envestnet Asset Management Inc.. 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, Paul Edward Chamberlain 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 Fox Run Management L.L.C., Campbell & CO Investment Adviser LLC and Strs Ohio. 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, Robinhood, Fidelity and Charles Schwab.

One share of TNET stock can currently be purchased for approximately $58.22.

TriNet Group has a market capitalization of $4.07 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]