Trinet Group Stock Today
| TNET Stock | USD 129.12 2.31 1.82% |
Performance8 of 100
| Odds Of DistressLess than 5
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TriNet is selling for under 129.12 as of the 18th of April 2024; that is 1.82% increase since the beginning of the trading day. The stock's last reported lowest price was 126.76. TriNet has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for TriNet Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of January 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain Commercial & Professional Services | IPO Date 27th of March 2014 | Category Industrials |
TriNet Group, Inc. provides human resources solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize businesses in the United States. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California. The company has 50.57 M outstanding shares of which 970.11 K shares are at this time shorted by private and institutional investors with about 4.95 trading days to cover. More on TriNet Group
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Follow Valuation Options Odds of Bankruptcy
Financial Report 24th of April 2024
TriNet Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TriNet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TriNet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Burton Goldfield | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Telenet Group Holding NV | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Human Resource & Employment Services, Commercial & Professional Services, Industrials, NYSE Composite, Industrials, Professional Services, Staffing & Employment Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering TriNet report their recommendations after researching TriNet's financial statements, talking to executives and customers, or listening in on TriNet's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TriNet Group. The TriNet consensus assessment is calculated by taking the average forecast from all of the analysts covering TriNet. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to TriNet's liquidity, profitability, solvency, and operating efficiency, TriNet Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of TriNet Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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TriNet's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TriNet's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. TriNet's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of TriNet's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TriNet's financial leverage. It provides some insight into what part of TriNet's total assets is financed by creditors.
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TriNet Group (TNET) is traded on New York Stock Exchange in USA. It is located in One Park Place, Dublin, CA, United States, 94568 and employs 351,142 people. TriNet is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TriNet's market, we take the total number of its shares issued and multiply it by TriNet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TriNet Group conducts business under Professional Services sector and is part of Industrials industry. The entity has 50.57 M outstanding shares of which 970.11 K shares are at this time shorted by private and institutional investors with about 4.95 trading days to cover.
TriNet Group currently holds about 549 M in cash with 545 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.82.
Check TriNet Probability Of Bankruptcy
Ownership AllocationTriNet maintains a total of 50.57 Million outstanding shares. The majority of TriNet Group outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in TriNet to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in TriNet Group. Please pay attention to any change in the institutional holdings of TriNet Group as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check TriNet Ownership Details
TriNet Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of TriNet jumping above the current price in 90 days from now is about 20.21%. The TriNet Group probability density function shows the probability of TriNet stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.0139. This usually implies TriNet Group market returns are related to returns on the market. As the market goes up or down, TriNet is expected to follow. Additionally, triNet Group has an alpha of 0.1381, implying that it can generate a 0.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of TriNet to move above the current price in 90 days from now is about 20.21 (This TriNet Group probability density function shows the probability of TriNet Stock to fall within a particular range of prices over 90 days) .
TriNet Stock Institutional Holders
Institutional Holdings refers to the ownership stake in TriNet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TriNet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TriNet's value.| Instituion | Recorded On | Shares | |
| Fuller & Thaler Asset Management Inc | 2023-12-31 | 703 K | |
| Jane Street Group, Llc | 2023-12-31 | 685.6 K | |
| Geode Capital Management, Llc | 2023-12-31 | 666.8 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 460.9 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 452.9 K | |
| Mercer Global Advisors Inc. | 2023-12-31 | 390.7 K | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 380 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 306.3 K | |
| Northern Trust Corp | 2023-12-31 | 300.7 K | |
| Atairos Group, Inc | 2023-09-30 | 18.1 M | |
| Mawer Investment Management Ltd | 2023-12-31 | 4.2 M |
TriNet Historical Income Statement
TriNet Group Income Statement is one of the three primary financial statements used for reporting TriNet's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TriNet Group revenue and expense. TriNet Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, TriNet's Income Before Tax is comparatively stable compared to the past year. Total Other Income Expense Net is likely to gain to about 33.6 M in 2024, whereas Selling General Administrative is likely to drop slightly above 127.8 M in 2024. View More FundamentalsTriNet Stock Against Markets
Picking the right benchmark for TriNet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TriNet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TriNet is critical whether you are bullish or bearish towards TriNet Group at a given time. Please also check how TriNet's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TriNet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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TriNet Corporate Directors
TriNet corporate directors refer to members of a TriNet board of directors. The board of directors generally takes responsibility for the TriNet's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TriNet's board members must vote for the resolution. The TriNet board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Katherine AugustdeWilde | Independent Director | Profile | |
| Wayne Lowell | Independent Director | Profile | |
| Kenneth Goldman | Independent Director | Profile | |
| Martin Babinec | Independent Director | Profile |
How to buy TriNet Stock?
Before investing in TriNet, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TriNet. To buy TriNet stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TriNet. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TriNet stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TriNet Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TriNet Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TriNet Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy TriNet Stock please use our How to Invest in TriNet guide.
Already Invested in TriNet Group?
The danger of trading TriNet Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TriNet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TriNet. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TriNet Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether TriNet Group is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TriNet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trinet Group Stock. Highlighted below are key reports to facilitate an investment decision about Trinet Group Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriNet Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the TriNet Group information on this page should be used as a complementary analysis to other TriNet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for TriNet Stock analysis
When running TriNet's price analysis, check to measure TriNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.
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Is TriNet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TriNet. If investors know TriNet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TriNet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.697 | Earnings Share 6.56 | Revenue Per Share 86.351 | Quarterly Revenue Growth 0.016 | Return On Assets 0.0851 |
The market value of TriNet Group is measured differently than its book value, which is the value of TriNet that is recorded on the company's balance sheet. Investors also form their own opinion of TriNet's value that differs from its market value or its book value, called intrinsic value, which is TriNet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TriNet's market value can be influenced by many factors that don't directly affect TriNet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TriNet's value and its price as these two are different measures arrived at by different means. Investors typically determine if TriNet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriNet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.