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 initiated a share buyback program on Wednesday, February 28th 2018, which allows the company to buyback $120,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) released its earnings results on Monday, April, 30th. The business services provider reported $0.80 EPS for the quarter, topping the Zacks' consensus estimate of $0.65 by $0.15. The business services provider had revenue of $220 million for the quarter, compared to analysts' expectations of $217.55 million. TriNet Group had a net margin of 6.09% and a return on equity of 83.91%. The company's revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the business 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 brokers have issued 1-year target prices for TriNet Group's stock. Their predictions range from $36.00 to $64.00. On average, they anticipate TriNet Group's share price to reach $49.3333 in the next year. View Analyst Ratings for TriNet Group.

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

Media stories about TNET stock have been trending somewhat positive on Tuesday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TriNet Group earned a daily sentiment score of 0.10 on Accern's scale. They also gave media coverage about the business services provider an impact score of 44.98 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Cantillon Capital Management LLC (5.89%), BlackRock Inc. (3.73%), Dimensional Fund Advisors LP (1.51%), Hennessy Advisors Inc. (1.10%), Millennium Management LLC (1.07%) and Summit Trail Advisors LLC (0.76%). 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 Barclays PLC, Mckinley Capital Management LLC Delaware, Hennessy Advisors Inc., Fiera Capital Corp, PNC Financial Services Group Inc., JPMorgan Chase & Co., Russell Investments Group Ltd. and Dimensional Fund Advisors LP. 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 Summit Trail Advisors LLC, Matarin Capital Management LLC, Cantillon Capital Management LLC, Mackay Shields LLC, BlackRock Inc., Citigroup Inc., Smith Asset Management Group LP and GSA Capital Partners LLP. 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 $56.65.

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]