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

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$53.17 -1.49 (-2.73 %)
(As of 06/25/2018 03:19 PM ET)
Previous Close$54.11
Today's Range$53.03 - $54.77
52-Week Range$31.52 - $57.13
Volume10,447 shs
Average Volume278,954 shs
Market Capitalization$3.84 billion
P/E Ratio30.90
Dividend YieldN/A
Beta2.48
TriNet Group logoTriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada. 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 benefit law compliance; and other services. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality. The company markets its solutions through its sales representatives. TriNet Group, Inc. was founded in 1988 and is headquartered in San Leandro, California.

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Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:TNET
CUSIPN/A
Phone510-352-5000

Debt

Debt-to-Equity Ratio1.41
Current Ratio1.21
Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio30.90
Forward P/E Ratio22.53
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales1.14
Cash Flow$2.2136 per share
Price / Cash24.02
Book Value$2.96 per share
Price / Book17.96

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$178 million
Net Margins6.09%
Return on Equity83.91%
Return on Assets7.04%

Miscellaneous

Employees2,700
Outstanding Shares70,290,000

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TriNet Group (NYSE:TNET) Frequently Asked Questions

What is TriNet Group's stock symbol?

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

How will TriNet Group's stock buyback program work?

TriNet Group announced that its board has authorized a stock repurchase plan 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 purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its stock is undervalued.

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) issued its quarterly earnings data on Monday, April, 30th. The business services provider reported $0.80 EPS for the quarter, topping the consensus estimate 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 net margin of 6.09% and a return on equity of 83.91%. The firm's quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.45 EPS. View TriNet Group's Earnings History.

When is TriNet Group's next earnings date?

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

What price target have analysts set for TNET?

3 Wall Street analysts have issued 12-month target prices for TriNet Group's shares. Their predictions range from $36.00 to $64.00. On average, they expect TriNet Group's stock price to reach $49.3333 in the next year. View Analyst Ratings for TriNet Group.

Who are some of TriNet Group's key competitors?

Who are TriNet Group's key executives?

TriNet Group's management team includes the folowing people:
  • Mr. Burton M. Goldfield, Pres, CEO & Director (Age 62)
  • Brady Mickelsen, Chief Legal Officer, Sr. VP and Sec. (Age 47)
  • Mr. Edward R. Griese, Sr. VP of Insurance Services (Age 55)
  • Mr. William Porter, Advisor (Age 64)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 56)

Has TriNet Group been receiving favorable news coverage?

Headlines about TNET stock have trended somewhat positive on Monday, Accern reports. Accern ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TriNet Group earned a news sentiment score of 0.08 on Accern's scale. They also assigned news stories about the business services provider an impact score of 45.95 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (5.89%), BlackRock Inc. (3.73%), Dimensional Fund Advisors LP (1.51%), Hennessy Advisors Inc. (1.10%), Millennium Management LLC (1.07%) and Summit Trail Advisors LLC (0.76%). 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.

Which major investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Mckinley Capital Management LLC Delaware, Hennessy Advisors Inc., Fiera Capital Corp, PNC Financial Services Group Inc., JPMorgan Chase & Co., Russell Investments Group Ltd. and Dimensional Fund Advisors LP. 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.

Which major investors are buying TriNet Group stock?

TNET stock was bought by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Matarin Capital Management LLC, Cantillon Capital Management LLC, Mackay Shields LLC, BlackRock Inc., Citigroup Inc., Smith Asset Management Group LP and GSA Capital Partners LLP. View Insider Buying and Selling for TriNet Group.

How do I buy shares of 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.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $53.17.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $3.84 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.

How can I contact TriNet Group?

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]


MarketBeat Community Rating for TriNet Group (TNET)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  179 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  344
MarketBeat's community ratings are surveys of what our community members think about TriNet Group and other stocks. Vote "Outperform" if you believe TNET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/25/2018 by MarketBeat.com Staff

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