NYSE:TNET

TriNet Group - TNET Stock Forecast, Price & News

$71.22

-0.43 (-0.60%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $71.15
▼
$73.90
50-Day Range: $71.22
▼
$91.97
52-Week Range: $69.16
▼
$109.40

Volume: 227,821 shs
Average Volume: 180,895 shs
Market Capitalization: $4.42 billion

P/E Ratio: 12.39
Dividend Yield: N/A
Price Target: $88.00

TriNet Group MarketRank™ Forecast

Analyst Rating: Hold
1.75 Rating Score
Upside/Downside: 23.6% Upside
$88.00 Price Target
Short Interest: Healthy
3.45% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.46
Based on 3 Articles This Week
Insider Trading: Selling Shares
$1.61 M Sold Last Quarter
Proj. Earnings Growth: -10.55%
From $5.31 to $4.75 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.91 out of 5 stars

Business Services Sector

262nd out of 336 stocks

Business Services, Not Elsewhere Classified Industry

81st out of 102 stocks

1.9

Analyst's Opinion

Consensus Rating
TriNet Group has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $88.00, TriNet Group has a forecasted upside of 23.6% from its current price of $71.22.
Amount of Analyst Coverage
TriNet Group has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.45% of the float of TriNet Group has been sold short.
Short Interest Ratio / Days to Cover
TriNet Group has a short interest ratio ("days to cover") of 9.4.
Change versus previous month
Short interest in TriNet Group has recently decreased by 1.48%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
TriNet Group does not currently pay a dividend.
Dividend Growth
TriNet Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TNET.

1.9

News and Social Media Coverage

News Sentiment
TriNet Group has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for TriNet Group this week, compared to 1 article on an average week.
MarketBeat Follows
Only 2 people have added TriNet Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TriNet Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,605,462.00 in company stock.
Percentage Held by Insiders
40.60% of the stock of TriNet Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
92.09% of the stock of TriNet Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for TriNet Group are expected to decrease by -10.55% in the coming year, from $5.31 to $4.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TriNet Group is 12.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of TriNet Group is 12.39, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 232.89.
Price to Book Value per Share Ratio
TriNet Group has a P/B Ratio of 5.31. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About TriNet Group (NYSE:TNET) Stock

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.

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TNET Stock News Headlines

September 23, 2022 | benzinga.com

Trinet Group Stock (NYSE:TNET), Analyst Ratings, Price Targets, Predictions

September 21, 2022 | finance.yahoo.com

TriNet PeopleForce 2022 SessionsAvailable for On-Demand Viewing

September 15, 2022 | nasdaq.com

TriNet Group, Inc. (NYSE:TNET) Shares Could Be 34% Above Their Intrinsic Value Estimate

September 13, 2022 | finance.yahoo.com

Investing in TriNet Group (NYSE:TNET) five years ago would have delivered you a 141% gain

September 13, 2022 | finance.yahoo.com

TriNet President and Chief Executive Officer Burton M. Goldfield to Reveal Current State of Small and Medium-Size Businesses at TriNet PeopleForce 2022

September 8, 2022 | finance.yahoo.com

TriNet PeopleForce Returns to New York City September 13-15

September 1, 2022 | seekingalpha.com

TNET TriNet Group, Inc.

September 1, 2022 | finance.yahoo.com

TriNet Adds Additional Innovative Business Leaders to Roster of Esteemed Speakers at TriNet PeopleForce 2022

August 29, 2022 | finance.yahoo.com

Accomplished Vocalists Katharine McPhee, Lauren Davidson, Victoria Renée, and Loren Allred to Perform at TriNet PeopleForce 2022

August 24, 2022 | finance.yahoo.com

Award-Winning Actor, Musician and Entrepreneur Riz Ahmed To Speak at TriNet PeopleForce 2022

August 22, 2022 | nasdaq.com

If EPS Growth Is Important To You, TriNet Group (NYSE:TNET) Presents An Opportunity

August 16, 2022 | finance.yahoo.com

TriNet Adds Ring Chief Inventor and Founder Jamie Siminoff, WeWork CEO and Chairman Sandeep Mathrani, and Van Leeuwen Ice Cream Co-founder and CEO Ben Van Leeuwen to Roster of Distinguished Speakers at TriNet PeopleForce 2022

August 10, 2022 | nasdaq.com

Trinet Group (TNET) Shares Cross Above 200 DMA

August 9, 2022 | finance.yahoo.com

TriNet Webinar: Navigating SMB Employee Benefits in a Post-Dobbs World

August 4, 2022 | finance.yahoo.com

TriNet PeopleForceX Event For Austin's Small And Medium-Size Business Leaders Tuesday, August 16

July 29, 2022 | finance.yahoo.com

Are TriNet Group, Inc. (NYSE:TNET) Investors Paying Above The Intrinsic Value?

July 26, 2022 | finance.yahoo.com

TriNet Announces Second Quarter 2022 Results

July 26, 2022 | finance.yahoo.com

TriNet Announces Enrich™

July 25, 2022 | msn.com

Earnings Preview For Trinet Group

July 22, 2022 | finance.yahoo.com

TriNet Adds New York Times Best-Selling Author and Feminist Activist Gloria Steinem, World-Renowned Chef and Humanitarian José Andrés, and Former Ukrainian Press Secretary Iuliia Mendel to Roster of Esteemed Speakers at TriNet PeopleForce

July 12, 2022 | finance.yahoo.com

TriNet to Report Second Quarter 2022 Financial Results on July 26

July 7, 2022 | finance.yahoo.com

TRINET ADDS FORMER PEPSICO CHAIRMAN AND CEO INDRA NOOYI, GLOBAL SUPERSTAR AND ENTERTAINER LILLY SINGH, EDITOR AND AUTHOR TINA BROWN, AND FORMER NASA ASTRONAUT MIKE MASSIMINO TO ROSTER OF DISTINGUISHED SPEAKERS FOR TRINET PEOPLEFORCE 2022

June 30, 2022 | finance.yahoo.com

TriNet Webinar: The Complexity of a Post-Dobbs Workplace-- What SMBs Need to Know

June 29, 2022 | finance.yahoo.com

TriNet Announces Third Annual TriNet PeopleForce, Set for September 13-15 in New York

June 15, 2022 | seekingalpha.com

TriNet appoints CTO, Chief Digital and Innovation Officer

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TNET Company Calendar

Last Earnings: 7/26/2022
Today: 10/02/2022
Next Earnings (Estimated): 10/24/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NYSE:TNET
CUSIP: N/A
CIK: 937098
Web: www.trinet.com
Phone: (510) 352-5000
Fax: 510-352-6480
Employees: 2,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $88.00
High Stock Price Forecast: $96.00
Low Stock Price Forecast: $83.00
Forecasted Upside/Downside: +23.6%
Consensus Rating: Hold
Rating Score (0-4): 1.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $5.75
Trailing P/E Ratio: 12.39
Forward P/E Ratio: 13.41
P/E Growth: N/A
Net Income: $338 million
Net Margins: 7.86%
Pretax Margin: 10.52%
Return on Equity: 49.91%
Return on Assets: 12.44%

Debt

Debt-to-Equity Ratio: 0.65
Current Ratio: 1.24
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $4.54 billion
Price / Sales: 0.97
Cash Flow: $6.55 per share
Price / Cash Flow: 10.87
Book Value: $13.40 per share
Price / Book: 5.31

Miscellaneous

Outstanding Shares: 62,120,000
Free Float: 36,900,000
Market Cap: $4.42 billion
Optionable: Optionable
Beta: 1.19

Key Executives

Mr. Burton M. Goldfield (Age 66)
Pres, CEO & Director
Comp: $2.66M

Ms. Kelly Lee Tuminelli (Age 53)
Exec. VP of Fin. & CFO
Comp: $1.48M

Ms. Samantha Wellington (Age 44)
Exec. VP of Bus. Affairs, Chief Legal Officer & Sec.
Comp: $1.02M

Mr. Jonathan Lee (Age 43)
Principal Accounting Officer, Chief Accounting Officer & Controller

Mr. Jeff Hayward
Chief Technology Officer

Mr. Alex Bauer
Exec. Director of Investor Relations

Mr. Michael Mendenhall (Age 60)
Sr. VP, Chief Marketing Officer & Chief Communications Officer

Mr. Jonathan Lecompte
Sr. VP & Chief Sales Officer

Ms. Catherine Mary Wragg (Age 51)
Sr. VP of HR

Mr. James Franzone (Age 47)
Sr. VP of Strategy

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TNET Stock - Frequently Asked Questions

Should I buy or sell TriNet Group stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TNET shares. 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 TNET analyst ratings or view top-rated stocks.
What is TriNet Group's stock price forecast for 2022?: 4 Wall Street research analysts have issued twelve-month price targets for TriNet Group's shares. Their TNET share price forecasts range from $83.00 to $96.00. On average, they expect the company's share price to reach $88.00 in the next twelve months. This suggests a possible upside of 23.6% from the stock's current price.
View analysts price targets for TNET or view top-rated stocks among Wall Street analysts.
How have TNET shares performed in 2022?: TriNet Group's stock was trading at $95.26 on January 1st, 2022. Since then, TNET shares have decreased by 25.2% and is now trading at $71.22.
View the best growth stocks for 2022 here.
When is TriNet Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our TNET earnings forecast.
How were TriNet Group's earnings last quarter?: TriNet Group, Inc. (NYSE:TNET) posted its quarterly earnings results on Tuesday, July, 26th. The business services provider reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.95 by $0.54. The business services provider earned $348 million during the quarter, compared to the consensus estimate of $299.68 million. TriNet Group had a trailing twelve-month return on equity of 49.91% and a net margin of 7.86%.
What guidance has TriNet Group issued on next quarter's earnings?: TriNet Group updated its third quarter 2022 earnings guidance on Tuesday, August, 2nd. The company provided earnings per share guidance of $0.87-$1.08 for the period, compared to the consensus estimate of $0.75. The company issued revenue guidance of -.

What is Burton M. Goldfield's approval rating as TriNet Group's CEO?: 429 employees have rated TriNet Group Chief Executive Officer Burton M. Goldfield on Glassdoor.com. Burton M. Goldfield has an approval rating of 80% among the company'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), Block (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."
How do I buy shares of TriNet Group?: Shares of TNET stock 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 $71.22.
How much money does TriNet Group make?: TriNet Group (NYSE:TNET) has a market capitalization of $4.42 billion and generates $4.54 billion in revenue each year. The business services provider earns $338 million in net income (profit) each year or $5.75 on an earnings per share basis.
How many employees does TriNet Group have?: The company employs 2,800 workers across the globe.
How can I contact TriNet Group?: TriNet Group's mailing address is ONE PARK PLACE SUITE 600, DUBLIN CA, 94568. The official website for the company is www.trinet.com. The business services provider can be reached via phone at (510) 352-5000, via email at investorrelations@trinet.com, or via fax at 510-352-6480.

This page (NYSE:TNET) was last updated on 10/2/2022 by MarketBeat.com Staff

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TriNet Group - TNET Stock Forecast, Price & News

TriNet Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month