TriNet Group, Inc. (TNET) Sets 1-Year High at $51.05

April 22, 2018 - By Rebecca Betts

TriNet Group, Inc. (NYSE:TNET) Corporate Logo

Today TriNet Group, Inc. (NYSE:TNET) with $51.05 price per share, reached 1-year high with $53.60 PT or 5.00 % above. On Apr, 22 the 1-year high was reported by Barchart.com. The company has $3.59B MC. The valuation of NYSE:TNET can change by $179.65M if our $53.60 PT is reached.

The stock decreased 0.33% or $0.17 during the last trading session, touching $51.05.TriNet Group, Inc. has volume of 337,560 shares. Since April 22, 2017 TNET has risen 62.79% and is uptrending. TNET outperformed by 51.24% the S&P500.

Investors wait TriNet Group, Inc. (NYSE:TNET)’s quarterly earnings on May, 1., according to Faxor. Analysts predict 41.03 % diference or $0.55 from the $0.39 EPS from 2017. This could reach $38.71 million profit for TNET assuming the current $0.55 earnings per share will become reality. After $0.37 EPS report last quarter, Wall Street now predicts 48.65 % EPS growth of TriNet Group, Inc..

TriNet Group, Inc. (NYSE:TNET) Ratings Coverage

In total 2 analysts cover TriNet Group (NYSE:TNET). “Buy” rating has 1, “Sell” are 0, while 1 are “Hold”. 50% are bullish. With $59 highest and $32 lowest price target TriNet Group has $45.50 average price target or -10.87% below the current ($51.05) price. 5 are the (NYSE:TNET)’s analyst reports since November 3, 2017 according to StockzIntelligence Inc. On Friday, November 3 Morgan Stanley maintained TriNet Group, Inc. (NYSE:TNET) rating. Morgan Stanley has “Underweight” rating and $32 target. On Wednesday, February 28 the firm has “Buy” rating given by Stifel Nicolaus. On Thursday, April 12 the company was maintained by Stifel Nicolaus. On Friday, November 3 Stifel Nicolaus maintained TriNet Group, Inc. (NYSE:TNET) with “Buy” rating. On Wednesday, April 4 the stock has “Equal-Weight” rating by Morgan Stanley.

TriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada.The firm is valued at $3.59 billion. The firm offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; local, state, and federal employment and benefit laws; and other services.The P/E ratio is 20.5. It serves clients in various industries, including technology, life sciences, not-for-profit, professional services, financial services, property management, retail, manufacturing, and hospitality.

TriNet Group, Inc. (NYSE:TNET) Analyst Ratings Chart

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