TriNet Group, Inc. (TNET)
Market Cap | 4.67B |
Revenue (ttm) | 4.97B |
Net Income (ttm) | 263.00M |
Shares Out | 49.58M |
EPS (ttm) | 5.19 |
PE Ratio | 18.16 |
Forward PE | 18.93 |
Dividend | $1.00 (1.06%) |
Ex-Dividend Date | Oct 1, 2024 |
Volume | 347,238 |
Open | 89.98 |
Previous Close | 89.04 |
Day's Range | 89.27 - 94.77 |
52-Week Range | 74.32 - 134.67 |
Beta | 1.20 |
Analysts | Buy |
Price Target | 117.00 (+24.2%) |
Earnings Date | Oct 25, 2024 |
About 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 a... [Read more]
Financial Performance
In 2023, TriNet Group's revenue was $4.92 billion, an increase of 0.76% compared to the previous year's $4.89 billion. Earnings were $375.00 million, an increase of 5.63%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for TNET stock is "Buy." The 12-month stock price forecast is $117.0, which is an increase of 24.20% from the latest price.
News
TriNet Releases 2024 Environmental, Social and Governance Report
DUBLIN, Calif. , Nov. 13, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the relea...
TriNet to Participate in Upcoming Conferences
DUBLIN, Calif. , Nov. 4, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its P...
TriNet Group, Inc. (TNET) Q3 2024 Earnings Call Transcript
TriNet Group, Inc. (NYSE:TNET) Q3 2024 Earnings Conference Call October 25, 2024 8:30 AM ET Company Participants Alex Bauer - Head, Investor Relations Mike Simonds - Chief Executive Officer Kelly Tum...
TriNet Announces Third Quarter 2024 Results
DUBLIN, Calif. , Oct. 25, 2024 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses, today announced fina...
TriNet Announces Varsha Kakati as Vice President and Country Leader for Hyderabad, India Operations
DUBLIN, Calif. , Oct. 21, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Vars...
I Was Too Optimistic On TriNet, But Now It's Undervalued And Ready For A Return To Growth
TriNet Group is managing a challenging hiring environment with strong new sales and near-record retention rates, positioning it for future growth. Rising healthcare costs have pressured short-term pro...
TriNet Releases Resourceful HR Book From Hire to Retire: A Guide to the Employee Life Cycle
New Book Provides Guidance for SMBs to Create Positive Employee Experiences and Navigate HR Challenges with Ease DUBLIN, Calif. , Oct. 7, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider o...
TriNet to Report Third Quarter 2024 Financial Results on October 25
DUBLIN, Calif. , Oct. 4, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will re...
TriNet Announces Quarterly Dividend
DUBLIN, Calif. , Sept. 18, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced its Boar...
TriNet Appoints Sidney Majalya as Chief Legal Officer and Announces Departure of Samantha Wellington
DUBLIN, Calif. , Sept. 5, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), has announced the appoint...
TriNet Releases 2024 State of the Workplace Report on Emerging Trends for Small and Medium-Size Businesses
Highlights: 88% of SMB Employers Using AI for Various Functions; Only 52% of Workers Satisfied with Work-Life Balance; 85% of Employees Engaged at Work DUBLIN, Calif. , Aug. 20, 2024 /PRNewswire/ -- T...
TriNet to Inaugurate State-of-the-Art Facility in Hyderabad, India
HYDERABAD, India , Aug. 12, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses announced that it will be holdi...
TriNet Contends With Flat Revenue And Increasing Costs (Downgrade)
TriNet Group recently reported Q2 2024 financial results, exceeding revenue and earnings estimates. TriNet's revenue has essentially flatlined due to a challenging hiring environment and rising health...
TriNet Group, Inc. (TNET) Q2 2024 Earnings Call Transcript
TriNet Group, Inc. (NYSE:TNET) Q2 2024 Earnings Conference Call July 26, 2024 8:30 AM ET Company Participants Alex Bauer - Head, Investor Relations Mike Simonds - Chief Executive Officer Kelly Tumine...
TriNet Announces Second Quarter 2024 Results
1% Growth in Total Revenues to $1.2 Billion 5% Growth in Professional Service Revenues to $186 million Net Income per Diluted Share of $1.20 and Adjusted Net Income per Diluted Share $1.53 DUBLIN, Cal...
TriNet Appoints Shea Treadway as Chief Revenue Officer
DUBLIN, Calif. , July 17, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Shea...
TriNet Announces Appointment of Healthcare Industry Veteran Brian Evanko to Board of Directors
Strengthens Board with the Addition of Cigna Healthcare President and Chief Executive Officer and The Cigna Group Executive Vice President and Chief Financial Officer DUBLIN, Calif. , July 9, 2024 /PR...
TriNet to Report Second Quarter 2024 Financial Results on July 26
DUBLIN, Calif. , July 5, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will re...
TriNet Addresses the Evolving Needs of SMBs and Announces New Products and Partners Including Additional Solutions for Global Workforces and a Curated Marketplace
Updates Announced at the SHRM 2024 Annual Conference CHICAGO , June 25, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-siz...
TriNet Receives "Prime" Status in ISS ESG Corporate Rating
Recognized for its Commitment to Environmental, Social and Governance Initiatives DUBLIN, Calif., June 11, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resour...
TriNet Appoints Tim Nimmer as Senior Vice President, Insurance Services and Operations
Separately, the Company Also Announced the Departure of Chief Revenue Officer, Alex Warren DUBLIN, Calif. , June 5, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human...
TriNet Announces Five Days of Virtual Events for National PEO Week May 20-24
Sessions to Feature Insightful and Informative Discussions with Small Business Thought Leaders and Industry Experts DUBLIN, Calif. , May 16, 2024 /PRNewswire/ -- WHAT: TriNet's National PEO Week Virt...
TriNet Wins Five Stevie Awards for PeopleForce 2023 and People Matter Campaign
DUBLIN, Calif. , May 9, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it has won ...
TriNet to Participate at Upcoming Conferences
DUBLIN, Calif. , May 6, 2024 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that its Pr...
TriNet Group, Inc. (TNET) Q1 2024 Earnings Call Transcript
TriNet Group, Inc. (NYSE:TNET) Q1 2024 Earnings Conference Call April 26, 2024 8:30 AM ET Company Participants Alex Bauer - Head of IR Mike Simonds - CEO Kelly Tuminelli - CFO Conference Call Partici...