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

$68.52
+1.28 (+1.90 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$67.06
Now: $68.52
$69.08
50-Day Range
$67.80
MA: $71.08
$76.78
52-Week Range
$38.74
Now: $68.52
$76.92
Volume225,100 shs
Average Volume331,147 shs
Market Capitalization$4.80 billion
P/E Ratio26.66
Dividend YieldN/A
Beta1.89
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. Read More…

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$3.1005 per share
Book Value$6.27 per share

Profitability

Net Income$192 million

Miscellaneous

Employees3,100
Market Cap$4.80 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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

How were TriNet Group's earnings last quarter?

TriNet Group Inc (NYSE:TNET) posted its quarterly earnings results on Thursday, July, 25th. The business services provider reported $0.70 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.70. The business services provider had revenue of $231 million for the quarter, compared to analyst estimates of $221.25 million. TriNet Group had a net margin of 5.16% and a return on equity of 46.35%. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.87 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, November 4th 2019. View Earnings Estimates for TriNet Group.

What price target have analysts set for TNET?

3 equities research analysts have issued 1-year target prices for TriNet Group's shares. Their predictions range from $46.80 to $60.00. On average, they anticipate TriNet Group's share price to reach $53.60 in the next year. This suggests that the stock has a possible downside of 21.8%. View Analyst Price Targets for TriNet Group.

What is the consensus analysts' recommendation for TriNet Group?

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

Has TriNet Group been receiving favorable news coverage?

Media stories about TNET stock have trended negative on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TriNet Group earned a news impact score of -2.3 on InfoTrie's scale. They also gave media stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for TriNet Group.

Are investors shorting TriNet Group?

TriNet Group saw a decrease in short interest during the month of July. As of July 31st, there was short interest totalling 801,100 shares, a decrease of 11.3% from the June 30th total of 902,900 shares. Based on an average daily volume of 304,500 shares, the days-to-cover ratio is currently 2.6 days. Approximately 1.9% of the company's stock are sold short. 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), NVIDIA (NVDA), Applied Materials (AMAT), Walt Disney (DIS), Home Depot (HD), Twitter (TWTR), Comcast (CMCSA) and Gilead Sciences (GILD).

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)
  • Ms. Samantha Wellington, Sr. VP, Chief Legal Officer & Sec. (Age 41)
  • Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 56)
  • Mr. Barrett Boston, Sr. VP & Chief Revenue Officer (Age 46)

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.51%), Cantillon Capital Management LLC (5.95%), BlackRock Inc. (5.30%), Janus Henderson Group PLC (2.82%), Janus Henderson Group PLC (2.82%) and TimesSquare Capital Management LLC (2.59%). 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.

Which major investors are selling TriNet Group stock?

TNET stock was sold by a variety of institutional investors in the last quarter, including Cramer Rosenthal Mcglynn LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, TimesSquare Capital Management LLC, Vanguard Group Inc., Cantillon Capital Management LLC, D. E. Shaw & Co. Inc. and HBK Investments L P. Company insiders that have sold TriNet Group company stock in the last year include Brady Mickelsen, Burton M Goldfield, Edward Griese, H Raymond Bingham, 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 purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Nuveen Asset Management LLC, Man Group plc, Panagora Asset Management Inc., Charles Schwab Investment Management Inc., First Trust Advisors LP, Renaissance Technologies LLC and North Peak Capital Management 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 $68.52.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $4.80 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.View Additional Information About TriNet Group.

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:  268 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  499
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 8/17/2019 by MarketBeat.com Staff

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