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

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

TriNet Group announced that its board has authorized a share repurchase program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

TriNet Group Inc (NYSE:TNET) announced its earnings results on Monday, April, 30th. The business services provider reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 83.91% and a net margin of 6.09%. TriNet Group's revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the company earned $0.45 earnings per share. View TriNet Group's Earnings History.

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

3 Wall Street analysts have issued twelve-month target prices for TriNet Group's stock. Their forecasts range from $36.00 to $64.00. On average, they expect TriNet Group's share price to reach $49.3333 in the next year. This suggests that the stock has a possible downside of 12.0%. View Analyst Ratings for TriNet Group.

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

Some companies that are related to TriNet Group include Worldpay (WP), CoStar Group (CSGP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), CIELO S A/S (CIOXY), Zillow Group Inc Class A (ZG), Zillow Group Inc Class C (Z), Nielsen (NLSN), GrubHub (GRUB), The Western Union (WU), CDK Global (CDK), WEX (WEX) and athenahealth (ATHN).

News headlines about TNET stock have trended positive recently, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. TriNet Group earned a coverage optimism score of 0.35 on Accern's scale. They also gave media stories about the business services provider an impact score of 45.33 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (1.07%), Boston Advisors LLC (0.60%), James Investment Research Inc. (0.10%), Empowered Funds LLC (0.04%), Bank of Montreal Can (0.03%) and Cornerstone Wealth Management LLC (0.02%). 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.

TNET stock was sold by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc. and Mckinley Capital Management LLC Delaware. 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.

TNET stock was bought by a variety of institutional investors in the last quarter, including Boston Advisors LLC, James Investment Research Inc., Empowered Funds LLC, Bank of Montreal Can, Cornerstone Wealth Management LLC, Xact Kapitalforvaltning AB and Amalgamated Bank. 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 $56.05.

TriNet Group has a market capitalization of $3.94 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.

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]