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

$68.43
+0.44 (+0.65 %)
(As of 08/21/2019 04:00 PM ET)
Today's Range
$68.33
Now: $68.43
$69.22
50-Day Range
$67.87
MA: $71.12
$76.78
52-Week Range
$38.74
Now: $68.43
$76.92
Volume18,028 shs
Average Volume389,710 shs
Market Capitalization$4.79 billion
P/E Ratio26.63
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$3.2836 per share
Book Value$5.32 per share

Profitability

Net Income$192 million

Miscellaneous

Employees3,100
Market Cap$4.79 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 authorized a stock buyback plan on Wednesday, February 28th 2018, which permits the company to buyback $120,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback plans are generally 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) announced its earnings results on Thursday, July, 25th. The business services provider reported $0.70 earnings per share for the quarter, meeting analysts' consensus estimates of $0.70. The business services provider earned $231 million during 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%. TriNet Group's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the company 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 price targets for TriNet Group's stock. Their forecasts range from $46.80 to $60.00. On average, they anticipate TriNet Group's share price to reach $53.60 in the next twelve months. This suggests that the stock has a possible downside of 21.7%. 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?

News headlines about TNET stock have been trending positive this week, according to InfoTrie. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 2.5 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for TriNet Group.

Are investors shorting TriNet Group?

TriNet Group saw a decline in short interest in July. As of July 31st, there was short interest totalling 801,100 shares, a decline 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. Currently, 1.9% of the company's shares 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), 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 variety 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 acquired 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 $68.43.

How big of a company is TriNet Group?

TriNet Group has a market capitalization of $4.79 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 8/21/2019 by MarketBeat.com Staff

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