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

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$44.90 -0.51 (-1.12 %)
(As of 01/22/2019 12:02 PM ET)
Previous Close$45.41
Today's Range$44.84 - $45.05
52-Week Range$38.26 - $60.15
Volume975 shs
Average Volume232,986 shs
Market Capitalization$3.20 billion
P/E Ratio26.40
Dividend YieldN/A
Beta2.16
TriNet 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
CUSIPN/A
Phone510-352-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.28 billion
Cash Flow$2.2506 per share
Book Value$2.96 per share

Profitability

Net Income$178 million

Miscellaneous

Employees2,700
Market Cap$3.20 billion
OptionableOptionable

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

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) released its quarterly earnings results on Monday, October, 29th. The business services provider reported $0.75 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.55 by $0.20. The business services provider had revenue of $228 million for the quarter, compared to the consensus estimate of $202.65 million. TriNet Group had a return on equity of 63.58% and a net margin of 6.67%. The company's revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 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 Tuesday, February 26th 2019. View Earnings Estimates for TriNet Group.

What guidance has TriNet Group issued on next quarter's earnings?

TriNet Group issued an update on its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $0.42-0.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.52. TriNet Group also updated its FY18 guidance to $2.85-2.99 EPS.

What price target have analysts set for TNET?

3 analysts have issued 12 month price objectives for TriNet Group's shares. Their forecasts range from $54.00 to $66.00. On average, they expect TriNet Group's stock price to reach $58.3333 in the next year. This suggests a possible upside of 29.9% from the stock's current price. View Analyst Price Targets for TriNet Group.

What is the consensus analysts' recommendation for TriNet Group?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TriNet Group.

Has TriNet Group been receiving favorable news coverage?

Media stories about TNET stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TriNet Group earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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 63)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 57)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 56)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 46)
  • Mr. William Porter, Advisor (Age 65)

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (0.13%) and Boston Advisors LLC (0.12%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, Martin Babinec, Michael P Murphy, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

Which institutional investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Boston Advisors LLC. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

Which institutional investors are buying TriNet Group stock?

TNET stock was acquired by a variety of institutional investors in the last quarter, including Reinhart Partners Inc.. 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 $44.90.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $3.20 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.

What is TriNet Group's official website?

The official website for TriNet Group is http://www.trinet.com.

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 (NYSE TNET)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  433
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 1/22/2019 by MarketBeat.com Staff

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