NYSE:TNET

TriNet Group Stock Forecast, Price & News

$80.37

-2.88 (-3.46 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$79.96

Now: $80.37▼

$82.23

50-Day Range

$75.00

MA: $80.21▼

$84.36

52-Week Range

$27.79

Now: $80.37▼

$85.08

Volume169,403 shs

Average Volume217,973 shs

Market Capitalization$5.36 billion

P/E Ratio17.32

Dividend YieldN/A

Beta1.7

TriNet Group, Inc. provides human resources (HR) solutions for small and midsize 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 benefit law compliance; and other HR related services. It serves clients in various industries, including technology, professional services, financial services, life sciences, not-for-profit, property management, retail, manufacturing, and hospitality. The company sells its solutions through its direct sales organization. TriNet Group, Inc. was founded in 1988 and is headquartered in Dublin, California.

MarketRank^™

Overall MarketRank^™

1.52 out of 5 stars

Business Services Sector

92nd out of 359 stocks

Business Services, Not Elsewhere Classified Industry

48th out of 148 stocks

1.3 Analyst's Opinion

Consensus Rating
TriNet Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $75.67, TriNet Group has a forecasted downside of 5.9% from its current price of $80.37.
Amount of Analyst Coverage
TriNet Group has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
TriNet Group has received 313 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TriNet Group has received 285 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TriNet Group has received 52.34% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
TriNet Group does not currently pay a dividend.
Dividend Growth
TriNet Group does not have a long track record of dividend growth.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TriNet Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,518,996.00 in company stock.
Percentage Held by Insiders
39.70% of the stock of TriNet Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
92.66% of the stock of TriNet Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for TriNet Group are expected to decrease by -8.33% in the coming year, from $3.24 to $2.97 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TriNet Group is 17.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of TriNet Group is 17.32, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 31.49.
Price to Book Value per Share Ratio
TriNet Group has a P/B Ratio of 11.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Business services, not elsewhere classified

Sub-IndustryN/A

SectorBusiness Services

Current SymbolNYSE:TNET

Previous Symbol

CUSIPN/A

CIK937098

Webwww.trinet.com

Phone510-352-5000

Employees2,800

Debt

Debt-to-Equity Ratio0.58

Current Ratio1.23

Quick Ratio1.23

Price-To-Earnings

Trailing P/E Ratio17.32

Forward P/E Ratio24.81

P/E GrowthN/A

Sales & Book Value

Annual Sales$3.86 billion

Price / Sales1.39

Cash Flow$4.31 per share

Price / Cash Flow18.65

Book Value$6.80 per share

Price / Book11.82

Profitability

EPS (Most Recent Fiscal Year)$2.90

Net Income$212 million

Net Margins8.03%

Return on Equity60.66%

Return on Assets12.07%

Miscellaneous

Outstanding Shares66,634,000

Market Cap$5.36 billion

Next Earnings Date2/11/2021 (Estimated)

OptionableOptionable

$80.37

-2.88 (-3.46 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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TriNet Group (NYSE:TNET) Frequently Asked Questions

How has TriNet Group's stock been impacted by Coronavirus (COVID-19)?

TriNet Group's stock was trading at $50.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TNET shares have increased by 60.5% and is now trading at $80.37.
View which stocks have been most impacted by COVID-19.

Is TriNet Group a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for TriNet Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TriNet Group stock.
View analyst ratings for TriNet Group or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than TriNet Group?

Wall Street analysts have given TriNet Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but TriNet Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is TriNet Group's next earnings date?

TriNet Group is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021.
View our earnings forecast for TriNet Group.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) issued its quarterly earnings results on Monday, October, 26th. The business services provider reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.40. The business services provider had revenue of $216 million for the quarter, compared to the consensus estimate of $179.43 million. TriNet Group had a return on equity of 60.66% and a net margin of 8.03%. TriNet Group's revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.81 EPS.
View TriNet Group's earnings history.

What guidance has TriNet Group issued on next quarter's earnings?

TriNet Group issued an update on its fourth quarter earnings guidance on Monday, October, 26th. The company provided earnings per share guidance of $0.00-0.32 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.05. The company issued revenue guidance of $226-231 million, compared to the consensus revenue estimate of $173.24 million.

What price target have analysts set for TNET?

4 brokerages have issued twelve-month price targets for TriNet Group's stock. Their forecasts range from $66.00 to $82.00. On average, they expect TriNet Group's share price to reach $75.67 in the next twelve months. This suggests that the stock has a possible downside of 5.9%.
View analysts' price targets for TriNet Group or view Wall Street analyst' top-rated stocks.

Who are some of TriNet Group's key competitors?

Some companies that are related to TriNet Group include Farfetch (FTCH), Trip.com Group (TCOM), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Lyft (LYFT), Fair Isaac (FICO), The Western Union (WU), WEX (WEX), Fiverr International (FVRR), Nielsen (NLSN), Grubhub (GRUB), American Well (AMWL), Ritchie Bros. Auctioneers (RBA), CDK Global (CDK) and Concentrix (CNXC).
View all of TNET's 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 NVIDIA (NVDA), The Home Depot (HD), Tesla (TSLA), Advanced Micro Devices (AMD), The Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Square (SQ), Verizon Communications (VZ) and Applied Materials (AMAT).

Who are TriNet Group's key executives?

TriNet Group's management team includes the following people:

Mr. Burton M. Goldfield, Pres, CEO & Director (Age 64, Pay $1.63M)
Mr. Olivier H. Kohler, Sr. VP & COO (Age 57, Pay $1.3M)
Mr. Edward Ray Griese, Sr. VP of Insurance Services (Age 57, Pay $524.52k)
Ms. Kelly Lee Tuminelli, Exec. VP of Fin., CFO & Principal Accounting Officer (Age 51)
Mr. Craig D. Flower, Chief Technology Officer (Age 61)
Mr. Alex Bauer, Exec. Director of Investor Relations
Ms. Samantha Wellington, Sr. VP, Chief Legal Officer & Sec. (Age 42)
Mr. Michael Mendenhall, Sr. VP, Chief Marketing Officer & Chief Communications Officer (Age 58)
Ms. Catherine Mary Wragg, Sr. VP of HR (Age 49)
Mr. James Franzone, Sr. VP of Strategy (Age 45)

What is TriNet Group's stock symbol?

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

Who are TriNet Group's major shareholders?

TriNet Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include Prairiewood Capital LLC (0.02%). Company insiders that own TriNet Group stock include Barrett Boston, Burton M Goldfield, Edward Griese, H Raymond Bingham, Katherine August-Dewilde, Kenneth A Goldman, LP Agi-T, Martin Babinec, Michael P Murphy, Paul Edward Chamberlain, Samantha Wellington and Wayne B Lowell.
View institutional ownership trends for TriNet Group.

Which institutional investors are buying TriNet Group stock?

TNET stock was purchased by a variety of institutional investors in the last quarter, including Prairiewood Capital LLC.
View insider buying and selling activity for TriNet Group or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is TriNet Group's stock price today?

One share of TNET stock can currently be purchased for approximately $80.37.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $5.36 billion and generates $3.86 billion in revenue each year. The business services provider earns $212 million in net income (profit) each year or $2.90 on an earnings per share basis. TriNet Group employs 2,800 workers across the globe.

What is TriNet Group's official website?

The official website for TriNet Group is 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]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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