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

TriNet Group Inc (NYSE:TNET) released its quarterly earnings results on Thursday, February, 14th. The business services provider reported $0.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.16. The business services provider had revenue of $225 million for the quarter, compared to the consensus estimate of $211.58 million. TriNet Group had a net margin of 5.48% and a return on equity of 56.98%. TriNet Group's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for TriNet Group.

5 analysts have issued 1 year price targets for TriNet Group's shares. Their predictions range from $46.80 to $66.00. On average, they expect TriNet Group's share price to reach $56.36 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for TriNet Group.

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

News coverage about TNET stock has been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -1.5 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

TriNet Group saw a increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,067,325 shares, an increase of 53.6% from the January 31st total of 695,052 shares. Based on an average trading volume of 545,996 shares, the short-interest ratio is presently 2.0 days. Currently, 2.4% 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 CoStar Group (CSGP), Total System Services (TSS), Msci (MSCI), Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Nielsen (NLSN), Alliance Data Systems (ADS), WEX (WEX), The Western Union (WU), Farfetch (FTCH), Etsy (ETSY), Fair Isaac (FICO), Zillow Group (Z), Zillow Group (ZG) and CDK Global (CDK).

Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include Celgene (CELG), Tesla (TSLA), Intel (INTC), Applied Materials (AMAT), Twitter (TWTR), Home Depot (HD), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (6.05%), BlackRock Inc. (4.34%), Dimensional Fund Advisors LP (1.70%), Norges Bank (1.09%), Geode Capital Management LLC (0.86%) and Geode Capital Management LLC (0.87%). 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, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

TNET stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Millennium Management LLC, Two Sigma Advisers LP, FMR LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Gotham Asset Management LLC and Prana Capital Management LP. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, Kenneth A Goldman, Martin Babinec, Michael P Murphy 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 Norges Bank, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, BlackRock Inc., Reinhart Partners Inc., Dimensional Fund Advisors LP, D. E. Shaw & Co. Inc. and Prudential Financial Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of TNET stock can currently be purchased for approximately $59.00.

TriNet Group has a market capitalization of $4.14 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.

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]