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NYSE:TNET

TriNet Group (TNET) Stock Price, News & Analysis

$110.99
+2.14 (+1.97%)
(As of 07/26/2024 ET)
Today's Range
$108.15
$116.26
50-Day Range
$97.09
$110.99
52-Week Range
$96.76
$134.67
Volume
593,059 shs
Average Volume
371,717 shs
Market Capitalization
$5.61 billion
P/E Ratio
18.20
Dividend Yield
0.90%
Price Target
$113.83

TriNet Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
7.4% Upside
$119.20 Price Target
Short Interest
Healthy
2.48% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.55mentions of TriNet Group in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$231,565 Sold Last Quarter
Proj. Earnings Growth
15.15%
From $4.82 to $5.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.58 out of 5 stars

Business Services Sector

81st out of 317 stocks

Business Services, Not Elsewhere Classified Industry

40th out of 93 stocks

TNET stock logo

About TriNet Group Stock (NYSE:TNET)

TriNet Group, Inc. provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. 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 benefits law compliance; and other HR related services. It also provides technology platform, an online and mobile tool that allows users to store, view, and manager HR information and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.

TNET Stock Price History

TNET Stock News Headlines

TriNet Group, Inc.: TriNet Announces Second Quarter 2024 Results
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
TriNet Announces Second Quarter 2024 Results
TriNet Q2 2024 Earnings Preview
TriNet Group (TNET) to Release Quarterly Earnings on Friday
TriNet Group Inc.
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
TriNet Announces Quarterly Dividend
See More Headlines
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Company Calendar

Last Earnings
10/24/2021
Ex-Dividend for 7/22 Dividend
7/01/2024
Dividend Payable
7/22/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$113.83
High Stock Price Target
$140.00
Low Stock Price Target
$87.00
Potential Upside/Downside
+2.6%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$375 million
Pretax Margin
9.01%

Debt

Sales & Book Value

Annual Sales
$4.92 billion
Cash Flow
$10.66 per share
Book Value
$1.54 per share

Miscellaneous

Free Float
31,805,000
Market Cap
$5.61 billion
Optionable
Optionable
Beta
1.19
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TNET Stock Analysis - Frequently Asked Questions

How have TNET shares performed this year?

TriNet Group's stock was trading at $118.93 at the start of the year. Since then, TNET stock has decreased by 6.7% and is now trading at $110.99.
View the best growth stocks for 2024 here
.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) issued its quarterly earnings data on Sunday, October, 24th. The business services provider reported $1.31 EPS for the quarter, topping the consensus estimate of $0.79 by $0.52. TriNet Group's revenue was up 12.8% on a year-over-year basis.

What is Burton M. Goldfield's approval rating as TriNet Group's CEO?

429 employees have rated TriNet Group Chief Executive Officer Burton M. Goldfield on Glassdoor.com. Burton M. Goldfield has an approval rating of 80% among the company's employees.

Who are TriNet Group's major shareholders?

Top institutional shareholders of TriNet Group include Reinhart Partners LLC. (0.42%), Wedge Capital Management L L P NC (0.32%), Bank of New York Mellon Corp (0.32%) and JLB & Associates Inc. (0.07%). Insiders that own company stock include LP Agi-T, Burton M Goldfield, H Raymond Bingham, Wayne B Lowell, Kelly L Tuminelli, Samantha Wellington, Paul Edward Chamberlain, Alexander G Warren, Jonathan D Lee, Ralph A Clark, Martin Babinec and Olivier Kohler.
View institutional ownership trends
.

How do I buy shares of TriNet Group?

Shares of TNET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TriNet Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TriNet Group investors own include NVIDIA (NVDA), Home Depot (HD), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU) and Netflix (NFLX).

This page (NYSE:TNET) was last updated on 7/27/2024 by MarketBeat.com Staff

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