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

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

TriNet Group declared that its Board of Directors has initiated a stock buyback plan on Wednesday, February 28th 2018, which allows the company to buyback $120,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

TriNet Group Inc (NYSE:TNET) announced its earnings results on Monday, October, 29th. The business services provider reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.20. The business services provider had revenue of $228 million for the quarter, compared to the consensus estimate of $202.65 million. TriNet Group had a return on equity of 63.58% and a net margin of 6.67%. The company's revenue for the quarter was up 11.2% on a year-over-year basis. During the same quarter last year, the business posted $0.56 earnings per share. View TriNet Group's Earnings History.

TriNet Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for TriNet Group.

TriNet Group updated its fourth quarter earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of $0.42-0.56 for the period, compared to the Thomson Reuters consensus estimate of $0.52. TriNet Group also updated its FY18 guidance to $2.85-2.99 EPS.

3 brokerages have issued twelve-month price objectives for TriNet Group's shares. Their forecasts range from $54.00 to $66.00. On average, they expect TriNet Group's stock price to reach $58.3333 in the next twelve months. This suggests a possible upside of 29.5% from the stock's current price. View Analyst Price Targets 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.

Media headlines about TNET stock have trended somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. TriNet Group earned a news sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the business services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.

Some companies that are related to TriNet Group include Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Nielsen (NLSN), The Western Union (WU), GrubHub (GRUB), CIELO S A/S (CIOXY), WEX (WEX), Farfetch (FTCH), CDK Global (CDK), Etsy (ETSY), Zillow Group (ZG), Zillow Group (Z), Healthequity (HQY) and Fair Isaac (FICO).

TriNet Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Cantillon Capital Management LLC (6.01%), BlackRock Inc. (4.14%), Janus Henderson Group PLC (1.16%), Acadian Asset Management LLC (0.77%), Bank of New York Mellon Corp (0.70%) and Emerald Advisers Inc. PA (0.50%). Company insiders that own TriNet Group stock include Brady Mickelsen, Burton M Goldfield, Edward Griese, General Atlantic Llc, H Raymond Bingham, John W Turner, Martin Babinec, Michael P Murphy, Wayne B Lowell and William Porter. View Institutional Ownership Trends for TriNet Group.

TNET stock was sold by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC, BlackRock Inc., Acadian Asset Management LLC, James Investment Research Inc., PNC Financial Services Group Inc., Bank of New York Mellon Corp, Bank of Montreal Can and Russell Investments Group Ltd.. 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.

TNET stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, AXA, Emerald Advisers Inc. PA, Emerald Mutual Fund Advisers Trust, SG Americas Securities LLC, JPMorgan Chase & Co., State Board of Administration of Florida Retirement System and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for 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.

One share of TNET stock can currently be purchased for approximately $45.03.

TriNet Group has a market capitalization of $3.27 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.

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

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]