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 of Directors has approved a stock repurchase program on Wednesday, February 28th 2018, which allows the company to buyback $120,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) released its earnings results on Thursday, February, 14th. The business services provider reported $0.59 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.16. The business services provider earned $225 million during the quarter, compared to analysts' expectations of $211.58 million. TriNet Group had a return on equity of 56.98% and a net margin of 5.48%. The company's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business 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 brokers have issued 12 month target prices for TriNet Group's shares. Their forecasts range from $46.80 to $66.00. On average, they anticipate TriNet Group's share price to reach $56.36 in the next year. This suggests that the stock has a possible downside of 6.0%. 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.

Media stories about TNET stock have trended very positive on Friday, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand blog and news sources. 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 coverage optimism score of 3.6 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term.

Some companies that are related to TriNet Group include LYFT (LYFT), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Nielsen (NLSN), WEX (WEX), Alliance Data Systems (ADS), The Western Union (WU), Fair Isaac (FICO), Etsy (ETSY), CDK Global (CDK), Zillow Group (Z), Zillow Group (ZG), Farfetch (FTCH), GrubHub (GRUB) and CIELO S A/S (CIOXY).

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), Bank of America (BAC), Walt Disney (DIS), Home Depot (HD), Twitter (TWTR) and Comcast (CMCSA).

TriNet Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Reinhart Partners Inc. (0.23%), Chartwell Investment Partners LLC (0.09%), Mercer Global Advisors Inc. ADV (0.07%), Strs Ohio (0.03%), Sciencast Management LP (0.01%) and Huntington National Bank (0.00%). 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 Strs Ohio and Huntington National Bank. 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 acquired by a variety of institutional investors in the last quarter, including Reinhart Partners Inc., Chartwell Investment Partners LLC, Mercer Global Advisors Inc. ADV and Sciencast Management LP. 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 $59.97.

TriNet Group has a market capitalization of $4.20 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]