NYSE:TNET - TriNet Group Stock Price, News & Analysis

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 buyback plan on Wednesday, February 28th 2018, which allows the company to repurchase $120,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) released its 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 the consensus estimate of $221.25 million. TriNet Group had a net margin of 5.16% and a return on equity of 46.35%. The company's revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.87 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for TriNet Group.

4 brokerages have issued twelve-month price objectives for TriNet Group's shares. Their predictions range from $46.80 to $80.00. On average, they expect TriNet Group's share price to reach $60.20 in the next year. This suggests that the stock has a possible downside of 8.0%. 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.

Press coverage about TNET stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TriNet Group earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for TriNet Group.

TriNet Group saw a increase in short interest in August. As of August 31st, there was short interest totalling 1,123,600 shares, an increase of 40.3% from the July 31st total of 801,100 shares. Based on an average daily trading volume, of 301,600 shares, the short-interest ratio is presently 3.7 days. Currently, 2.6% of the shares of the stock are short sold. 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), Alliance Data Systems (ADS), Zillow Group (Z), Zillow Group (ZG), GrubHub (GRUB), CDK Global (CDK), CIELO S A/S (CIOXY) and MAXIMUS (MMS).

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), Applied Materials (AMAT), Walt Disney (DIS), Home Depot (HD), Twitter (TWTR), Comcast (CMCSA) and Gilead Sciences (GILD).

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.51%), Cantillon Capital Management LLC (5.95%), BlackRock Inc. (5.30%), BlackRock Inc. (5.30%), Janus Henderson Group PLC (2.82%) and Janus Henderson Group PLC (2.82%). 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 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 Cramer Rosenthal Mcglynn LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, TimesSquare Capital Management LLC, Vanguard Group Inc., Cantillon Capital Management LLC, D. E. Shaw & Co. Inc. and HBK Investments L P. 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 and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

TNET stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, Man Group plc, Panagora Asset Management Inc., Charles Schwab Investment Management Inc., First Trust Advisors LP and Renaissance Technologies LLC. 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 $65.47.

TriNet Group has a market capitalization of $4.58 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]