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TriNet (TNET) Stock

Profile

Country:

United States

IPO:

27 March 2014

Indexes:

Not included

Description:

TriNet Group, Inc. is a company that provides services in the field of human resources, payroll, benefits, and taxes. It has been in operation since 1988 and was officially registered in the state of Delaware in 2000. The company offers services for managing all aspects of employee compensation, including payroll processing, benefits and other rewards calculation, tax administration services, including calculation, deduction, transfer, and reporting, as well as other services related to payroll calculation such as tracking work hours and overtime. Additionally, the company manages insurance benefits, including health, dental, vision, short and long-term disability, and life insurance.

Key Details

Price

$92.90

Annual Revenue

$4.92 B(+0.76% YoY)

Annual EPS

$6.56(+16.93% YoY)

PE Ratio

17.93(-6.52% YoY)

Beta

0.81

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Oct 25, 2024

Recent annual earnings:

Feb 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Oct 01, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

20 Nov '24 TD Cowen
Buy
28 Oct '24 TD Cowen
Buy
28 Oct '24 Needham
Hold
11 Sept '24 Needham
Buy
20 Aug '24 JP Morgan
Underweight
29 July '24 Needham
Buy
24 June '24 TD Cowen
Buy
26 Apr '24 Needham
Buy
04 Mar '24 TD Cowen
Outperform
01 Mar '24 Needham
Buy

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Institutional Ownership

TriNet Releases 2024 Environmental, Social and Governance Report
TriNet Releases 2024 Environmental, Social and Governance Report
TriNet Releases 2024 Environmental, Social and Governance Report
TNET
prnewswire.com13 November 2024

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 release of its 2024 TriNet Environmental, Social and Governance (ESG) report.

TriNet to Participate in Upcoming Conferences
TriNet to Participate in Upcoming Conferences
TriNet to Participate in Upcoming Conferences
TNET
prnewswire.com04 November 2024

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 President and CEO, Mike Simonds, and its CFO, Kelly Tuminelli, will present at the following four conferences: The J.P.

TriNet Group (TNET) Q3 Earnings and Revenues Lag Estimates
TriNet Group (TNET) Q3 Earnings and Revenues Lag Estimates
TriNet Group (TNET) Q3 Earnings and Revenues Lag Estimates
TNET
zacks.com25 October 2024

TriNet Group (TNET) came out with quarterly earnings of $1.17 per share, missing the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.91 per share a year ago.

TriNet Group, Inc. (TNET) Q3 2024 Earnings Call Transcript
TriNet Group, Inc. (TNET) Q3 2024 Earnings Call Transcript
TriNet Group, Inc. (TNET) Q3 2024 Earnings Call Transcript
TNET
seekingalpha.com25 October 2024

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 Tuminelli - Chief Financial Officer Conference Call Participants Andrew Berkowitz - JPMorgan Kyle Peterson - Needham Kevin McVeigh - UBS Andrew Nicholas - William Blair Jared Levine - TD Cowen David Grossman - Stifel Operator Good morning and welcome to the TriNet Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.

TriNet Announces Third Quarter 2024 Results
TriNet Announces Third Quarter 2024 Results
TriNet Announces Third Quarter 2024 Results
TNET
prnewswire.com25 October 2024

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 financial results for the third quarter ended September 30, 2024.

TriNet Announces Varsha Kakati as Vice President and Country Leader for Hyderabad, India Operations
TriNet Announces Varsha Kakati as Vice President and Country Leader for Hyderabad, India Operations
TriNet Announces Varsha Kakati as Vice President and Country Leader for Hyderabad, India Operations
TNET
prnewswire.com21 October 2024

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 Varsha Kakati has joined the company as Vice President and India Country Leader.

I Was Too Optimistic On TriNet, But Now It's Undervalued And Ready For A Return To Growth
I Was Too Optimistic On TriNet, But Now It's Undervalued And Ready For A Return To Growth
I Was Too Optimistic On TriNet, But Now It's Undervalued And Ready For A Return To Growth
TNET
seekingalpha.com20 October 2024

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 profitability, but strategic repricing, operational improvements, the Zenefits acquisition, and high ROIC offer long-term potential. Despite near-term volatility, TriNet's valuation is attractive, providing a healthy margin of safety for investors willing to weather current challenges.

TriNet Releases Resourceful HR Book From Hire to Retire: A Guide to the Employee Life Cycle
TriNet Releases Resourceful HR Book From Hire to Retire: A Guide to the Employee Life Cycle
TriNet Releases Resourceful HR Book From Hire to Retire: A Guide to the Employee Life Cycle
TNET
prnewswire.com07 October 2024

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 of comprehensive human resources solutions for small and medium-size businesses (SMBs), today announced the launch of a new book, From Hire to Retire: A Guide to the Employee Life Cycle.

TriNet to Report Third Quarter 2024 Financial Results on October 25
TriNet to Report Third Quarter 2024 Financial Results on October 25
TriNet to Report Third Quarter 2024 Financial Results on October 25
TNET
prnewswire.com04 October 2024

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 release financial results for the third quarter ended September 30, 2024, before U.S. market hours on Friday, October 25, 2024.

TriNet Announces Quarterly Dividend
TriNet Announces Quarterly Dividend
TriNet Announces Quarterly Dividend
TNET
prnewswire.com18 September 2024

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 Board of Directors approved a dividend of $0.25 per share of the Company's common stock with a record date and ex-dividend date of October 1, 2024 and a payout date of October 28, 2024.

FAQ

  • What is the primary business of TriNet?
  • What is the ticker symbol for TriNet?
  • Does TriNet pay dividends?
  • What sector is TriNet in?
  • What industry is TriNet in?
  • What country is TriNet based in?
  • When did TriNet go public?
  • Is TriNet in the S&P 500?
  • Is TriNet in the NASDAQ 100?
  • Is TriNet in the Dow Jones?
  • When was TriNet's last earnings report?
  • When does TriNet report earnings?
  • Should I buy TriNet stock now?

What is the primary business of TriNet?

TriNet Group, Inc. is a company that provides services in the field of human resources, payroll, benefits, and taxes. It has been in operation since 1988 and was officially registered in the state of Delaware in 2000. The company offers services for managing all aspects of employee compensation, including payroll processing, benefits and other rewards calculation, tax administration services, including calculation, deduction, transfer, and reporting, as well as other services related to payroll calculation such as tracking work hours and overtime. Additionally, the company manages insurance benefits, including health, dental, vision, short and long-term disability, and life insurance.

What is the ticker symbol for TriNet?

The ticker symbol for TriNet is NYSE:TNET

Does TriNet pay dividends?

Yes, TriNet pays dividends. The last payment was $0.25, with an ex-dividend date on 01 October 2024

What sector is TriNet in?

TriNet is in the Industrials sector

What industry is TriNet in?

TriNet is in the Staffing & Employment Services industry

What country is TriNet based in?

TriNet is headquartered in United States

When did TriNet go public?

TriNet's initial public offering (IPO) was on 27 March 2014

Is TriNet in the S&P 500?

No, TriNet is not included in the S&P 500 index

Is TriNet in the NASDAQ 100?

No, TriNet is not included in the NASDAQ 100 index

Is TriNet in the Dow Jones?

No, TriNet is not included in the Dow Jones index

When was TriNet's last earnings report?

TriNet's most recent earnings report was on 25 October 2024

When does TriNet report earnings?

The next expected earnings date for TriNet is 14 February 2025

Should I buy TriNet stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions