NYSE:TNET - TriNet Group Stock Price, News, & Analysis

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$58.34 +0.34 (+0.59 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$58.00
Today's Range$56.41 - $58.58
52-Week Range$31.98 - $60.15
Volume350,600 shs
Average Volume358,697 shs
Market Capitalization$4.00 billion
P/E Ratio33.60
Dividend YieldN/A
Beta2.38
TriNet Group logoTriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada. 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 benefit law compliance; and other services. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality. The company markets its solutions through its sales representatives. TriNet Group, Inc. was founded in 1988 and is headquartered in San Leandro, California.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:TNET
CUSIPN/A
Phone510-352-5000

Debt

Debt-to-Equity Ratio1.30
Current Ratio1.18
Quick Ratio1.18

Price-To-Earnings

Trailing P/E Ratio33.60
Forward P/E Ratio24.41
P/E GrowthN/A

Sales & Book Value

Annual Sales$3.28 billion
Price / Sales1.26
Cash Flow$2.3420 per share
Price / Cash24.91
Book Value$2.96 per share
Price / Book19.71

Profitability

EPS (Most Recent Fiscal Year)$1.72
Net Income$178 million
Net Margins6.54%
Return on Equity74.08%
Return on Assets7.93%

Miscellaneous

Employees2,700
Outstanding Shares70,550,000
Market Cap$4.00 billion

TriNet Group (NYSE:TNET) Frequently Asked Questions

What is TriNet Group's stock symbol?

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

How will TriNet Group's stock buyback program work?

TriNet Group announced that its board has initiated a share buyback plan 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 reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) released its earnings results on Monday, July, 30th. The business services provider reported $0.87 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.60 by $0.27. The business services provider had revenue of $220 million for the quarter, compared to analyst estimates of $208.41 million. TriNet Group had a net margin of 6.54% and a return on equity of 74.08%. The firm's quarterly revenue was up 9.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.52 EPS. View TriNet Group's Earnings History.

When is TriNet Group's next earnings date?

TriNet Group is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for TriNet Group.

What price target have analysts set for TNET?

4 brokers have issued 1-year target prices for TriNet Group's stock. Their forecasts range from $36.00 to $66.00. On average, they anticipate TriNet Group's share price to reach $55.50 in the next year. This suggests that the stock has a possible downside of 4.9%. View Analyst Price Targets for TriNet Group.

What is the consensus analysts' recommendation for TriNet Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for TriNet Group.

Who are some of TriNet Group's key competitors?

Who are TriNet Group's key executives?

TriNet Group's management team includes the folowing people:
  • Mr. Burton M. Goldfield, Pres, CEO & Director (Age 62)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 56)
  • Mr. Brady Mickelsen, Chief Legal Officer, Sr. VP & Sec. (Age 47)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 55)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 45)

Has TriNet Group been receiving favorable news coverage?

News articles about TNET stock have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TriNet Group earned a news impact score of 0.19 on Accern's scale. They also assigned press coverage about the business services provider an impact score of 48.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for TriNet Group.

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Cantillon Capital Management LLC (6.40%), BlackRock Inc. (4.33%), Dimensional Fund Advisors LP (1.52%), Hennessy Advisors Inc. (1.07%), Acadian Asset Management LLC (0.96%) and Bank of New York Mellon Corp (0.73%). 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.

Which major investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, American Century Companies Inc., Mackay Shields LLC, Engineers Gate Manager LP, Schwab Charles Investment Management Inc., Russell Investments Group Ltd., Golden Gate Private Equity Inc. and Convergence Investment Partners LLC. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, Martin Babinec, Michael P Murphy and Wayne B Lowell. View Insider Buying and Selling for TriNet Group.

Which major investors are buying TriNet Group stock?

TNET stock was acquired by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, BlackRock Inc., Boston Advisors LLC, Cantillon Capital Management LLC, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, Zacks Investment Management and Chicago Equity Partners LLC. View Insider Buying and Selling for TriNet Group.

How do I buy shares of 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.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $58.34.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $4.00 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.

How can I contact TriNet Group?

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]


MarketBeat Community Rating for TriNet Group (NYSE TNET)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  203 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about TriNet Group and other stocks. Vote "Outperform" if you believe TNET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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