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TriNet Group (TNET)
NYSE:TNET
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TNET Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$74.32 - $134.67
Previous Close$96.29
Volume377.90K
Average Volume (3M)335.87K
Market Cap
$4.77B
Enterprise Value$5.59B
Total Cash (Recent Filing)$301.00M
Total Debt (Recent Filing)$1.11B
Price to Earnings (P/E)18.6
Beta0.92
Next Earnings
Feb 12, 2025EPS Estimate
$0.25Last Dividend Ex-Date
Oct 01, 2024Dividend Yield0.81%
Share Statistics
EPS (TTM)5.17
Shares Outstanding49,576,019
10 Day Avg. Volume493,622
30 Day Avg. Volume335,866
Standard Deviation0.10
R-Squared0.37
Alpha-0.00094
Financial Highlights & Ratios
Price to Book (P/B)36.85
Price to Sales (P/S)0.96
Price to Cash Flow (P/CF)-38.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.12
Enterprise Value/Gross Profit5.07
Enterprise Value/Ebitda10.25
Forecast
1Y Price Target
$97.33Price Target Upside1.58% Upside
Rating ConsensusHold
Number of Analyst Covering4
TriNet Group News
PremiumThe Fly
TriNet falls -17.8%
PremiumThe Fly
TriNet falls -17.2%Bulls Say, Bears Say
Bulls Say
Insurance ProfitabilityTNET's ongoing focus on insurance cost management through consistent repricing based on claims data will help keep insurance profitability at a healthy level.
Sales GrowthTNET is effectively working on bolstering sales efforts, which is expected to help top-line growth accelerate once client hiring improves.
ValuationShares of TNET are trading at a price-to-earnings multiple of 12.5x, a discount to both peers and historical averages.
Bears Say
Earnings GuidanceThe 4Q guide was sharply below consensus, highlighting that these challenges are unlikely to abate soon.
Financial PerformanceTNET's 3Q results missed both analyst and Street estimates on the top and bottom line, as weaker net client hiring and higher insurance costs remain sizable headwinds.
Healthcare CostsHealthcare costs are weighing heavily on 3Q results and 4Q guidance, with elevated cost trends persisting.
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Ownership Overview
38.56% Insiders
18.50% Mutual Funds
10.72% Other Institutional Investors
22.01% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TNET FAQ
What was TriNet Group’s price range in the past 12 months?
TriNet Group lowest stock price was $74.32 and its highest was $134.67 in the past 12 months.
What is TriNet Group’s market cap?
Currently, no data Available
When is TriNet Group’s upcoming earnings report date?
TriNet Group’s upcoming earnings report date is Feb 12, 2025 which is in 78 days.
How were TriNet Group’s earnings last quarter?
TriNet Group released its earnings results on Oct 25, 2024. The company reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.315 by -$0.145.
Is TriNet Group overvalued?
According to Wall Street analysts TriNet Group’s price is currently Undervalued.
Does TriNet Group pay dividends?
TriNet Group pays a Notavailable dividend of $0.25 which represents an annual dividend yield of 0.81%. See more information on TriNet Group dividends here
What is TriNet Group’s EPS estimate?
TriNet Group’s EPS estimate is $0.25.
How many shares outstanding does TriNet Group have?
TriNet Group has 49,576,020 shares outstanding.
What happened to TriNet Group’s price movement after its last earnings report?
TriNet Group reported an EPS of $1.17 in its last earnings report, missing expectations of $1.315. Following the earnings report the stock price went down -12.354%.
Which hedge fund is a major shareholder of TriNet Group?
Among the largest hedge funds holding TriNet Group’s share is Summit Street Capital Management, Llc. It holds TriNet Group’s shares valued at 6M.
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TriNet Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$97.33 (1.58% Upside)
$97.33 (1.58% Upside)
Blogger Sentiment
Bullish
TNET Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 71.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $482.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.03%
12-Months-Change
Fundamentals
Return on Equity
378.42%
Trailing 12-Months
Asset Growth
25.72%
Trailing 12-Months
Company Description
TriNet Group
TriNet Group, Inc. provides human resources solutions including industry solutions to small and mid sized businesses. Its services include payroll processing tax administration, employee benefits and a human resource technology platform with online and mobile tools and also employee onboarding and termination, compensation reporting, expense management, and benefits enrollment and administration. The company was founded by Martin Babinec in 1988 and is headquartered in Dublin, CA.
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TNET Earnings Call
Q3 2024
0:00 / 0:00
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TNET Stock 12 Month Forecast
Average Price Target
$97.33
▲(1.58% Upside)
Technical Analysis
Best Analysts Covering TNET
1 Year
1 Year Success Rate
18/21 ratings generated profit
1 Year Average Return
+30.47%
reiterated a buy rating 30 days ago
Copying David Grossman's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +30.47% per trade.
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