TriNet Group, Inc. (TNET)

NYSE: TNET · IEX Real-Time Price · USD
71.43
-0.39 (-0.54%)
Sep 27, 2022 3:45 PM EDT - Market open
-0.54%
Market Cap 4.44B
Revenue (ttm) 4.80B
Net Income (ttm) 377.00M
Shares Out 62.12M
EPS (ttm) 5.67
PE Ratio 12.61
Forward PE 12.14
Dividend n/a
Ex-Dividend Date n/a
Volume 91,331
Open 72.50
Previous Close 71.82
Day's Range 71.13 - 73.20
52-Week Range 69.16 - 109.40
Beta 1.19
Analysts Buy
Price Target 98.94 (+38.4%)
Earnings Date Oct 24, 2022

About TNET

TriNet Group, Inc. provides human resources (HR) solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize 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 serves clients in various industries, including technology, professional servic... [Read more...]

Industry Professional Services
IPO Date Mar 27, 2014
CEO Burton Goldfield
Employees 3,500
Stock Exchange NYSE
Ticker Symbol TNET
Full Company Profile

Financial Performance

In 2021, TriNet Group's revenue was $4.54 billion, an increase of 12.54% compared to the previous year's $4.03 billion. Earnings were $338.00 million, an increase of 24.26%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for TNET stock is "Buy." The 12-month stock price forecast is 98.94, which is an increase of 38.37% from the latest price.

Price Target
$98.94
(38.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TriNet PeopleForce 2022 SessionsAvailable for On-Demand Viewing

DUBLIN, Calif. , Sept. 21, 2022 /PRNewswire/ -- WHAT: Watch free, on-demand sessions online from the recent TriNet PeopleForce 2022.

6 days ago - PRNewsWire

TriNet Announces Enrich Learn™, Tax Optimized Education Assistance Program for Small and Medium-Size Businesses

Latest In the Enrich Product Line That Expands Benefits TriNet Customers Can Offer Their Employees DUBLIN, Calif. , Sept. 14, 2022 /PRNewswire/ -- TriNet  (NYSE: TNET), a leading provider of comprehensi...

1 week ago - PRNewsWire

TriNet President and Chief Executive Officer Burton M. Goldfield to Reveal Current State of Small and Medium-Size Bus...

DUBLIN, Calif. , Sept. 13, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced that TriNet Presiden...

2 weeks ago - PRNewsWire

TriNet PeopleForce Returns to New York City September 13-15

Award-winning conference for small and medium-size businesses to feature esteemed leaders from theworlds of business, public policy, science, social justice, sports, entertainment, media and more   DUBL...

2 weeks ago - PRNewsWire

HR Company TriNet Buys Clarus R+D to Help SMBs Gain R&D Tax Credits

Human resources (HR) solutions provider TriNet has acquired Clarus R+D Solutions, saying this will expand the range of solutions it offers to include simplifying the research and development (R&D) tax c...

3 weeks ago - PYMNTS

TriNet Announces Acquisition of Clarus R+D Solutions LLC

Addition of Fintech Solutions Company Expands Solution Offering and Provides SMB Customers a Simplified R&D Tax Credit Process DUBLIN, Calif. , Sept. 6, 2022 /PRNewswire/ --  TriNet , (NYSE: TNET), a le...

3 weeks ago - PRNewsWire

TriNet Adds Additional Innovative Business Leaders to Roster of Esteemed Speakers at TriNet PeopleForce 2022

DUBLIN, Calif. , Sept. 1, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of seven...

3 weeks ago - PRNewsWire

Accomplished Vocalists Katharine McPhee, Lauren Davidson, Victoria Renée, and Loren Allred to Perform at TriNet Peopl...

DUBLIN, Calif., Aug. 29, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of four r...

4 weeks ago - PRNewsWire

Award-Winning Actor, Musician and Entrepreneur Riz Ahmed To Speak at TriNet PeopleForce 2022

DUBLIN, Calif. , Aug. 24, 2022 /PRNewswire/ -- TriNet  (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of awar...

1 month ago - PRNewsWire

TriNet Adds Ring Chief Inventor and Founder Jamie Siminoff, WeWork CEO and Chairman Sandeep Mathrani, and Van Leeuwen...

DUBLIN, Calif. , Aug. 15, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of three...

1 month ago - PRNewsWire

TriNet Webinar: Navigating SMB Employee Benefits in a Post-Dobbs World

TriNet HR Experts to discuss the latest on fast-changing state laws and benefit offerings that provide choice and protect privacy DUBLIN, Calif., Aug. 9, 2022 /PRNewswire/ -- WHAT: TriNet Webinar: Navig...

1 month ago - PRNewsWire

TriNet PeopleForceX Event For Austin's Small And Medium-Size Business Leaders Tuesday, August 16

Panel Discussion Centered Around Harvard Business Review Analytic Services Survey in Association with TriNet: How To Make Your Business More Resilient DUBLIN, Calif. , Aug. 4, 2022 /PRNewswire/ -- WHAT:...

1 month ago - PRNewsWire

TriNet Group (TNET) Tops Q2 Earnings and Revenue Estimates

TriNet (TNET) delivered earnings and revenue surprises of 47.01% and 16.12%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

TriNet Announces Enrich™ 

 First-Of-Its-Kind Product Line for Small and Medium-Size Businesses - Enrich Access to Provide Travel Reimbursement to Employees Receiving Medical Care Not Available to Them Locally    - Enrich Adopt t...

2 months ago - PRNewsWire

TriNet Announces Second Quarter 2022 Results

9% Growth in Total Revenues to $1.2 Billion 17% Growth in Professional Service Revenues to $182 million Net Income per Diluted Share of $1.35 and Adjusted Net Income per Diluted Share $1.72 DUBLIN, Cali...

2 months ago - PRNewsWire

TriNet Adds New York Times Best-Selling Author and Feminist Activist Gloria Steinem, World-Renowned Chef and Humanita...

DUBLIN, Calif. , July 22, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), today announced the addition of three...

2 months ago - PRNewsWire

TriNet to Report Second Quarter 2022 Financial Results on July 26

DUBLIN, Calif. , July 12, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced it will rel...

2 months ago - PRNewsWire

TriNet Webinar: The Complexity of a Post-Dobbs Workplace-- What SMBs Need to Know

TriNet Legal and HR Experts to discuss critical considerations for taking control of your business in an unpredictable environment DUBLIN, Calif. , June 30, 2022 /PRNewswire/ -- TriNet Webinar: The Comp...

2 months ago - PRNewsWire

TriNet Announces Third Annual TriNet PeopleForce, Set for September 13-15 in New York

Award-Winning Conference to Focus on Passion, Purpose and Perseverance with Renowned Speakers Including Former Walt Disney Company CEO and Chairman Bob Iger, Legendary Primatologist Dr. Jane Goodall, an...

2 months ago - PRNewsWire

TriNet Webinar: California Employment Law Challenges to Keep Top of Mind and What's New in 2022

A helpful discussion with Doug Riegelhuth, Vice President & AGC, Employment Law, TriNet and Von Boyenger, Senior Deputy Labor Commissioner, State of California  DUBLIN, Calif. , June 23, 2022 /PRNewswir...

3 months ago - PRNewsWire

TriNet Announces Two Key Executive Appointments: Chief Digital and Innovation Officer Jay Venkat and Chief Technology...

Venkat and Hayward to join TriNet June 30   DUBLIN, Calif. , June 15, 2022 /PRNewswire/ -- TriNet, (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size b...

3 months ago - PRNewsWire

TriNet Announces Harvard Business Review Analytic Services Webinar Thursday, June 16: How to Make Your Business More ...

A live, interactive discussion about the challenges and opportunities faced by small and medium-size businesses in the wake of the pandemic TriNet Announces Harvard Business Review Analytic Services Web...

3 months ago - PRNewsWire

TriNet Supports LGBTQ+ Entrepreneurs with Donation to StartOut

Donation Aimed to Help Drive Economic Empowerment of LGBTQ+ Community DUBLIN, Calif. , June 1, 2022 /PRNewswire/ --  TriNet , a leading provider of comprehensive human resources for small and medium-siz...

3 months ago - PRNewsWire

TriNet to Participate at the Stifel 2022 Cross Sector Insight Conference

DUBLIN, Calif. , May 26, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced Burton M.

4 months ago - PRNewsWire

TriNet to Participate at the Baird 2022 Global Consumer, Technology & Services Conference

DUBLIN, Calif. , May 25, 2022 /PRNewswire/ -- TriNet (NYSE: TNET), a leading provider of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced that Burton M.

4 months ago - PRNewsWire