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NYSE:TNET

TriNet Group (TNET) Stock Price, News & Analysis

$94.07
-3.12 (-3.21%)
(As of 09/6/2024 ET)
Today's Range
$93.65
â–Ľ
$97.41
50-Day Range
$92.56
â–Ľ
$110.99
52-Week Range
$91.59
â–Ľ
$134.67
Volume
268,188 shs
Average Volume
226,587 shs
Market Capitalization
$4.76 billion
P/E Ratio
15.42
Dividend Yield
1.06%
Price Target
$118.40

TriNet Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
25.9% Upside
$118.40 Price Target
Short Interest
Bearish
2.87% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.63mentions of TriNet Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$522,099 Sold Last Quarter
Proj. Earnings Growth
10.53%
From $5.13 to $5.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.87 out of 5 stars

Business Services Sector

73rd out of 303 stocks

Business Services, Not Elsewhere Classified Industry

36th out of 91 stocks

TNET stock logo

About TriNet Group Stock (NYSE:TNET)

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.

TNET Stock Price History

TNET Stock News Headlines

TriNet Group, Inc. (NYSE:TNET) CFO Sells $482,161.68 in Stock
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
Returns On Capital Are A Standout For TriNet Group (NYSE:TNET)
Brokerages Set TriNet Group, Inc. (NYSE:TNET) PT at $118.40
TNET Jan 2025 140.000 call (TNET250117C00140000)
TNET Jan 2025 105.000 put (TNET250117P00105000)
Say Goodbye to the US Dollar
The warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late...
TRINET GROUP DL-,0001 (TN3.DU)
TNET Aug 2024 130.000 put (TNET240816P00130000)
See More Headlines
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Company Calendar

Ex-Dividend for 7/22 Dividend
7/01/2024
Dividend Payable
7/22/2024
Last Earnings
7/26/2024
Today
9/07/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

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
$118.40
High Stock Price Target
$140.00
Low Stock Price Target
$103.00
Potential Upside/Downside
+25.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$375 million
Pretax Margin
8.37%

Debt

Sales & Book Value

Annual Sales
$4.92 billion
Cash Flow
$9.79 per share
Book Value
$2.01 per share

Miscellaneous

Free Float
31,805,000
Market Cap
$4.67 billion
Optionable
Optionable
Beta
1.17
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Key Executives


TNET Stock Analysis - Frequently Asked Questions

How have TNET shares performed this year?

TriNet Group's stock was trading at $118.93 at the beginning of the year. Since then, TNET shares have decreased by 20.9% and is now trading at $94.07.
View the best growth stocks for 2024 here
.

How were TriNet Group's earnings last quarter?

TriNet Group, Inc. (NYSE:TNET) announced its earnings results on Friday, July, 26th. The business services provider reported $1.27 EPS for the quarter, beating the consensus estimate of $0.98 by $0.29. The business services provider earned $310 million during the quarter, compared to analyst estimates of $301.76 million. TriNet Group had a net margin of 6.29% and a trailing twelve-month return on equity of 397.90%.

What is Burton M. Goldfield's approval rating as TriNet Group's CEO?

429 employees have rated TriNet Group Chief Executive Officer Burton M. Goldfield on Glassdoor.com. Burton M. Goldfield has an approval rating of 80% among the company's employees.

Who are TriNet Group's major shareholders?

Top institutional shareholders of TriNet Group include Mawer Investment Management Ltd. (7.77%), Massachusetts Financial Services Co. MA (2.45%), Earnest Partners LLC (1.81%) and Dimensional Fund Advisors LP (1.66%). 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, Alexander G Warren, Jonathan D Lee, Ralph A Clark and Martin Babinec.
View institutional ownership trends
.

How do I buy shares of TriNet Group?

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.

What other stocks do shareholders of TriNet Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TriNet Group investors own include NVIDIA (NVDA), Home Depot (HD), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), Micron Technology (MU) and Netflix (NFLX).

This page (NYSE:TNET) was last updated on 9/7/2024 by MarketBeat.com Staff

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