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NYSE:TNET

TriNet Group (TNET) Stock Price, News & Analysis

TriNet Group logo
$90.91 -0.62 (-0.68%)
(As of 12/17/2024 ET)

About TriNet Group Stock (NYSE:TNET)

Key Stats

Today's Range
$89.93
$92.31
50-Day Range
$80.29
$98.03
52-Week Range
$74.32
$134.67
Volume
276,219 shs
Average Volume
304,862 shs
Market Capitalization
$4.51 billion
P/E Ratio
17.52
Dividend Yield
1.10%
Price Target
$117.00
Consensus Rating
Hold

Company Overview

TriNet Group, Inc. provides comprehensive and flexible human capital management services for small and medium size 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 benefits law compliance; and other HR related services. It also provides technology platform, an online and mobile tool that allows users to store, view, and manager HR information and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.

TriNet Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
92nd Percentile Overall Score

TNET MarketRank™: 

TriNet Group scored higher than 92% of companies evaluated by MarketBeat, and ranked 34th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TriNet Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    TriNet Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about TriNet Group's stock forecast and price target.
  • Earnings Growth

    Earnings for TriNet Group are expected to grow by 12.80% in the coming year, from $4.14 to $4.67 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TriNet Group is 17.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.49.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TriNet Group is 17.52, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 45.85.

  • Price to Book Value per Share Ratio

    TriNet Group has a P/B Ratio of 59.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.92% of the float of TriNet Group has been sold short.
  • Short Interest Ratio / Days to Cover

    TriNet Group has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TriNet Group has recently decreased by 15.57%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    TriNet Group pays a meaningful dividend of 1.05%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    TriNet Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of TriNet Group is 19.27%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, TriNet Group will have a dividend payout ratio of 21.41% next year. This indicates that TriNet Group will be able to sustain or increase its dividend.

  • Read more about TriNet Group's dividend.
  • Percentage of Shares Shorted

    2.92% of the float of TriNet Group has been sold short.
  • Short Interest Ratio / Days to Cover

    TriNet Group has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TriNet Group has recently decreased by 15.57%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    TriNet Group has a news sentiment score of 1.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for TriNet Group this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 2 people have added TriNet Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • 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 $418,629.00 in company stock.

  • Percentage Held by Insiders

    37.10% 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

    96.81% of the stock of TriNet Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TriNet Group's insider trading history.
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TNET Stock News Headlines

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See More Headlines

TNET Stock Analysis - Frequently Asked Questions

TriNet Group's stock was trading at $118.93 at the beginning of the year. Since then, TNET stock has decreased by 23.6% and is now trading at $90.91.
View the best growth stocks for 2024 here
.

TriNet Group, Inc. (NYSE:TNET) posted its quarterly earnings data on Sunday, October, 24th. The business services provider reported $1.31 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.52. TriNet Group's revenue was up 12.8% compared to the same quarter last year.

Top institutional shareholders of TriNet Group include Mawer Investment Management Ltd. (7.37%), Massachusetts Financial Services Co. MA (3.25%), Wellington Management Group LLP (2.67%) and State Street Corp (1.56%). Insiders that own company stock include LP Agi-T, Burton M Goldfield, H Raymond Bingham, Wayne B Lowell, Kelly L Tuminelli, Samantha Wellington, Paul Edward Chamberlain, Jeffery Jon Hayward, Alexander G Warren, Jonathan D Lee, Ralph A Clark and Martin Babinec.
View institutional ownership trends
.

Shares of TNET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that TriNet Group investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), ServiceNow (NOW), General Electric (GE) and Adobe (ADBE).

Company Calendar

Last Earnings
10/24/2021
Ex-Dividend for 10/28 Dividend
10/01/2024
Dividend Payable
10/28/2024
Today
12/17/2024
Fiscal Year End
12/31/2024
Ex-Dividend for 1/27 Dividend
1/02/2025
Dividend Payable
1/27/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Business Services
Employees
3,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$117.00
High Stock Price Target
$140.00
Low Stock Price Target
$103.00
Potential Upside/Downside
+28.7%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$375 million
Pretax Margin
7.02%

Debt

Sales & Book Value

Annual Sales
$4.97 billion
Cash Flow
$9.89 per share
Book Value
$1.54 per share

Miscellaneous

Free Float
31,183,000
Market Cap
$4.51 billion
Optionable
Optionable
Beta
1.21

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This page (NYSE:TNET) was last updated on 12/18/2024 by MarketBeat.com Staff
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