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

Sign in or create an account to add this stock to your watchlist.
$59.00 -2.80 (-4.53 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$59.00
Today's Range$58.79 - $61.59
52-Week Range$38.74 - $63.65
Volume310,791 shs
Average Volume390,608 shs
Market Capitalization$4.14 billion
P/E Ratio22.96
Dividend YieldN/A
Beta2.16
TriNet 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 Dublin, California.

Receive TNET News and Ratings via Email

Sign-up to receive the latest news and ratings for TNET and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone510-352-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.50 billion
Cash Flow$3.1383 per share
Book Value$5.32 per share

Profitability

Net Income$192 million

Miscellaneous

Employees3,100
Market Cap$4.14 billion
Next Earnings Date4/29/2019 (Estimated)
OptionableOptionable

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 declared that its board has approved a share buyback plan on Wednesday, February 28th 2018, which authorizes the company to buyback $120,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) released its quarterly earnings results on Thursday, February, 14th. The business services provider reported $0.59 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.16. The business services provider had revenue of $225 million for the quarter, compared to the consensus estimate of $211.58 million. TriNet Group had a net margin of 5.48% and a return on equity of 56.98%. TriNet Group's quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 earnings per share. 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 Monday, April 29th 2019. View Earnings Estimates for TriNet Group.

What price target have analysts set for TNET?

5 analysts have issued 1 year price targets for TriNet Group's shares. Their predictions range from $46.80 to $66.00. On average, they expect TriNet Group's share price to reach $56.36 in the next year. This suggests that the stock has a possible downside of 4.5%. View Analyst Price Targets for TriNet Group.

What is the consensus analysts' recommendation 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.

Has TriNet Group been receiving favorable news coverage?

News coverage about TNET stock has been trending somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TriNet Group earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Are investors shorting TriNet Group?

TriNet Group saw a increase in short interest during the month of February. As of February 15th, there was short interest totalling 1,067,325 shares, an increase of 53.6% from the January 31st total of 695,052 shares. Based on an average trading volume of 545,996 shares, the short-interest ratio is presently 2.0 days. Currently, 2.4% of the shares of the stock are short sold. View TriNet Group's Current Options Chain.

Who are some of TriNet Group's key competitors?

What other stocks do shareholders of TriNet Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TriNet Group investors own include Celgene (CELG), Tesla (TSLA), Intel (INTC), Applied Materials (AMAT), Twitter (TWTR), Home Depot (HD), NVIDIA (NVDA), Walt Disney (DIS), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

Who are TriNet Group's key executives?

TriNet Group's management team includes the folowing people:
  • Mr. Burton M. Goldfield, Pres, CEO & Director (Age 63)
  • Mr. Richard J. Beckert, CFO & Sr. VP (Age 57)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 56)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 46)
  • Mr. William Porter, Advisor (Age 65)

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (6.05%), BlackRock Inc. (4.34%), Dimensional Fund Advisors LP (1.70%), Norges Bank (1.09%), Geode Capital Management LLC (0.86%) and Geode Capital Management LLC (0.87%). 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, 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 Acadian Asset Management LLC, Millennium Management LLC, Two Sigma Advisers LP, FMR LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Gotham Asset Management LLC and Prana Capital Management LP. 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.

Which major investors are buying TriNet Group stock?

TNET stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Emerald Mutual Fund Advisers Trust, Emerald Advisers LLC, BlackRock Inc., Reinhart Partners Inc., Dimensional Fund Advisors LP, D. E. Shaw & Co. Inc. and Prudential Financial Inc.. 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 $59.00.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $4.14 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.

What is TriNet Group's official website?

The official website for TriNet Group is http://www.trinet.com.

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:  2.7 out of 5 (star star)
Outperform Votes:  244 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  459
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 3/23/2019 by MarketBeat.com Staff

Featured Article: What is cost of equity?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel