TNET - TriNet Group Inc Stock Price, Fair Value and News

103.30USD-1.71 (-1.63%)Market Closed

Market Summary

USD103.30-1.71

Market Closed

-1.63%

TNET Stock Price

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TNET RSI Chart

TNET Valuation

Market Cap

5.2B

Price/Earnings (Trailing)

15.59

Price/Sales (Trailing)

1.06

EV/EBITDA

12.2

Price/Free Cashflow

12.32

TNET Price/Sales (Trailing)

TNET Profitability

EBT Margin

9.00%

Return on Equity

234.27%

Return on Assets

8.44%

Free Cashflow Yield

8.12%

TNET Fundamentals

TNET Revenue

Revenue (TTM)

4.9B

Rev. Growth (Yr)

1.44%

Rev. Growth (Qtr)

1.53%

TNET Earnings

Earnings (TTM)

335.0M

Earnings Growth (Yr)

-30.53%

Earnings Growth (Qtr)

35.82%

Breaking Down TNET Revenue

Last 7 days

1.5%

Last 30 days

-20.3%

Last 90 days

-7.8%

Trailing 12 Months

14.2%

How does TNET drawdown profile look like?

TNET Financial Health

Current Ratio

1.06

Debt/Equity

6.88

Debt/Cashflow

0.51

TNET Investor Care

Buy Backs (1Y)

14.90%

Diluted EPS (TTM)

6.16

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	4.9B	0	0	0
2023	4.9B	4.9B	4.9B	4.9B
2022	4.7B	4.8B	4.9B	4.9B
2021	4.0B	4.2B	4.4B	4.5B
2020	4.0B	4.0B	4.0B	4.0B
2019	3.6B	3.7B	3.8B	3.9B
2018	3.3B	3.4B	3.4B	3.5B
2017	3.1B	3.2B	3.2B	3.3B
2016	2.8B	2.9B	3.0B	3.1B
2015	2.3B	2.4B	2.5B	2.7B
2014	1.8B	2.0B	2.1B	2.2B
2013	1.2B	1.3B	1.5B	1.6B
2012	0	0	0	1.0B
2011	0	0	0	840.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of TriNet Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	goldfield burton m.	gifted	-	-	-35,551	-
May 01, 2024	chamberlain paul edward	sold	-37,882	101	-375	-
Apr 11, 2024	goldfield burton m.	gifted	-	-	5,243	-
Apr 11, 2024	goldfield burton m.	gifted	-	-	-5,243	-
Apr 01, 2024	goldfield burton m.	gifted	-	-	1,196	-
Apr 01, 2024	goldfield burton m.	gifted	-	-	-1,196	-
Mar 15, 2024	simonds michael q	acquired	-	-	46,161	president & ceo
Mar 15, 2024	tuminelli kelly l	acquired	-	-	9,949	evp & chief financial officer
Mar 15, 2024	wellington samantha	acquired	-	-	9,949	evp, clo and secretary
Mar 15, 2024	venkataramani jayaraman	acquired	-	-	7,959	evp, chief digital & innov off

Which funds bought or sold TNET recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	Illinois Municipal Retirement Fund	unchanged	-	66,000	644,000	0.01%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-1.05	1,386,000	14,926,000	0.02%
May 07, 2024	Susquehanna Portfolio Strategies, LLC	sold off	-100	-2,080,800	-	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-65.7	-7,181,380	4,440,930	-%
May 07, 2024	ASSETMARK, INC	new	-	1,457	1,457	-%
May 07, 2024	Arizona State Retirement System	reduced	-1.65	104,393	1,195,460	0.01%
May 07, 2024	NDVR, Inc.	new	-	251,996	251,996	0.24%
May 07, 2024	Smithfield Trust Co	unchanged	-	2,000	15,000	-%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-4.44	140,146	2,312,880	0.03%
May 07, 2024	Swiss National Bank	unchanged	-	877,332	8,572,100	0.01%

Are Funds Buying or Selling TNET?

Are funds buying TNET calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TNET

No. of Funds

Unveiling TriNet Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	5.52%	2,786,107	SC 13G/A
Feb 09, 2024	cantillon capital management llc	6.62%	3,345,943	SC 13G/A
Feb 08, 2024	wellington management group llp	3.72%	1,879,303	SC 13G/A
Feb 05, 2024	mawer investment management ltd.	8.74%	4,416,927	SC 13G
Sep 15, 2023	atairos group, inc.	29.5%	14,916,419	SC 13D/A
Aug 01, 2023	atairos group, inc.	29.6%	17,691,312	SC 13D/A
Feb 16, 2023	atairos group, inc.	29.5%	17,691,312	SC 13D/A
Feb 10, 2023	cantillon capital management llc	5.59%	3,476,703	SC 13G/A
Feb 09, 2023	vanguard group inc	5.95%	3,700,831	SC 13G/A
Feb 06, 2023	wellington management group llp	6.11%	3,799,548	SC 13G/A

Recent SEC filings of TriNet Group Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	4	Insider Trading
May 03, 2024	4	Insider Trading
May 01, 2024	144	Notice of Insider Sale Intent
Apr 26, 2024	10-Q	Quarterly Report
Apr 26, 2024	8-K	Current Report
Apr 15, 2024	4	Insider Trading
Apr 11, 2024	DEF 14A	DEF 14A
Apr 11, 2024	DEFA14A	DEFA14A
Apr 03, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading

Peers (Alternatives to TriNet Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	99.4B	18.9B	-1.50%	13.70%	26.88	5.26	7.08%	13.46%
CTAS	70.1B	9.4B	1.93%	49.61%	46.6	7.45	9.34%	15.98%
CPRT	53.0B	4.1B	-2.01%	38.74%	39.09	13.06	10.52%	25.37%
EFX	29.0B	5.4B	-9.55%	17.56%	51.91	5.41	5.76%	-4.95%
BAH	19.6B	10.3B	2.56%	63.55%	47.89	1.9	13.90%	-5.05%
ALLE	10.8B	3.6B	-6.61%	15.05%	20.07	3	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	-7.22%	4.88%	20.86	1.2	-13.83%	-42.32%
AL	5.5B	2.7B	-2.78%	28.51%	9.35	2.01	15.08%	16.51%
SRCL	4.4B	2.6B	-8.93%	8.80%	-224.06	1.66	-3.11%	-123.81%
ABM	2.8B	8.2B	1.61%	5.47%	11.04	0.35	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-8.07%	111.87%	18.61	0.7	104.63%	188.16%
ALTG	384.8M	1.9B	-10.69%	-15.56%	43.24	0.2	15.20%	-4.30%
ARC	118.3M	283.1M	3.01%	-2.49%	13.52	0.42	-0.83%	-20.92%
AQMS	51.5M	1.1M	-25.81%	-58.18%	-2.15	49.78	336.95%	-55.13%
AWX	8.3M	81.0M	-9.36%	-18.66%	-7.54	0.1	-4.98%	-14.33%

TriNet Group Inc News

Latest updates

TriNet Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.5%	1,264	1,245	1,222	1,209	1,246	1,226	1,241	1,200	1,218	1,232	1,148	1,100	1,060	1,063	975	948	1,048	1,018	969	935	934
Costs and Expenses	-1.4%	1,142	1,158	1,106	1,112	1,077	1,170	1,121	1,081	1,014	1,141	1,043	979	922	1,033	930	775	928	955	901	880	852
S&GA Expenses	1.4%	72.00	71.00	75.00	70.00	69.00	63.00	72.00	62.00	45.00	55.00	56.00	45.00	46.00	50.00	45.00	45.00	46.00	45.00	47.00	52.00	46.00
R&D Expenses	12.5%	18.00	16.00	15.00	17.00	17.00	19.00	18.00	20.00	16.00	14.00	12.00	11.00	13.00	13.00	9.00	9.00	9.00	9.00	9.00	13.00	12.00
EBITDA Margin	-8.1%	0.10*	0.11*	0.11*	0.11*	0.11*	0.11*	0.12*	0.12*	0.12*	0.11*	0.10*	0.09*	-	-	-	-	-	-	-	-	-
Interest Expenses	550.0%	26.00	4.00	9.00	1.00	11.00	-	9.00	-	9.00	1.00	9.00	-	2.00	5.00	4.00	4.00	3.00	4.00	6.00	5.00	4.00
Income Taxes	78.4%	33.00	19.00	30.00	28.00	49.00	16.00	26.00	31.00	54.00	17.00	26.00	26.00	34.00	4.00	6.00	45.00	30.00	16.00	12.00	10.00	20.00
Earnings Before Taxes	45.0%	124	86.00	124	111	180	64.00	103	116	200	86.00	103	117	135	26.00	39.00	171	121	64.00	67.00	56.00	83.00
EBT Margin	-11.5%	0.09*	0.10*	0.10*	0.09*	0.09*	0.10*	0.10*	0.11*	0.11*	0.10*	0.09*	0.08*	-	-	-	-	-	-	-	-	-
Net Income	35.8%	91.00	67.00	94.00	83.00	131	48.00	77.00	85.00	146	69.00	77.00	91.00	101	22.00	33.00	126	91.00	48.00	55.00	46.00	63.00
Net Income Margin	-11.0%	0.07*	0.08*	0.07*	0.07*	0.07*	0.07*	0.08*	0.08*	0.08*	0.07*	0.07*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-124.7%	-140	567	-130	127	-94.00	469	-62.00	-104	203	223	162	-27.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	7.4%	3,968	3,693	2,966	3,290	3,736	3,443	3,079	3,044	3,204	3,309	3,069	2,978	3,005	3,043	2,867	2,802	2,765	2,748	2,245	2,318	2,345
Current Assets	10.2%	2,840	2,578	1,853	2,177	2,629	2,326	1,965	1,957	2,093	2,439	2,201	2,084	2,160	2,160	1,979	1,935	1,892	1,871	1,375	1,455	1,494
Cash Equivalents	3.8%	298	287	170	482	1,637	1,537	1,217	1,287	1,386	1,738	1,502	1,361	1,521	1,643	1,342	1,327	1,265	1,456	999	1,085	1,149
Net PPE	-11.8%	15.00	17.00	16.00	29.00	31.00	24.00	90.00	84.00	82.00	24.00	78.00	76.00	75.00	79.00	80.00	82.00	82.00	85.00	86.00	89.00	82.00
Goodwill	0%	462	462	462	462	462	462	462	136	433	294	294	294	294	294	294	289	289	289	289	289	289
Liabilities	5.8%	3,825	3,615	2,956	2,375	2,911	2,668	2,223	2,281	2,509	2,428	2,260	2,234	2,352	2,436	2,247	2,186	2,232	2,273	1,768	1,879	1,939
Current Liabilities	8.4%	2,669	2,463	1,703	1,707	2,235	1,988	1,521	1,583	1,788	1,739	1,556	1,530	1,640	1,870	1,637	1,571	1,608	1,643	1,122	1,219	1,268
Long Term Debt	0%	984	984	1,091	496	496	496	496	495	495	495	495	495	494	348	353	358	364	369	375	380	385
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00
LT Debt, Non Current	0%	984	984	1,091	496	496	496	496	495	495	495	495	495	494	348	353	358	364	369	375	380	385
Shareholder's Equity	83.3%	143	78.00	10.00	915	825	775	856	763	695	881	809	744	653	607	620	616	533	475	477	439	406
Retained Earnings	5.4%	-848	-896	-935	-13.00	-83.00	-119	-17.00	-86.00	-133	74.00	18.00	-35.00	-108	-144	-115	-108	-172	-219	-200	-229	-245
Shares Outstanding	-0.2%	51.00	51.00	51.00	60.00	60.00	61.00	62.00	62.00	62.00	66.00	66.00	66.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,600	-	-	-	3,100	-	-	-	2,900	-	-	-	2,500	-	-	-	3,000	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-120.7%	-122	588	-110	144	-77.00	486	-49.00	-89.00	214	234	174	-15.00	-175	586	90.00	152	-282	682	-49.00	-20.00	-142
Share Based Compensation	25.0%	20.00	16.00	15.00	17.00	11.00	16.00	16.00	18.00	12.00	13.00	13.00	13.00	11.00	12.00	11.00	11.00	9.00	12.00	9.00	11.00	9.00
Cashflow From Investing	-261.5%	-47.00	-13.00	-26.00	-8.00	-23.00	-21.00	-14.00	22.00	-213	10.00	-10.00	-132	-3.00	-	-30.00	-27.00	-94.00	-158	-5.00	-14.00	-11.00
Cashflow From Financing	-30.4%	-30.00	-23.00	-423	-300	200	-144	-7.00	-32.00	-353	-8.00	-23.00	-13.00	56.00	-285	-45.00	-63.00	185	-67.00	-32.00	-30.00	-47.00
Buy Backs	76.9%	23.00	13.00	1,004	8.00	91.00	-	1.00	33.00	350	-	20.00	14.00	60.00	43.00	35.00	60.00	40.00	56.00	22.00	24.00	38.00

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TNET Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Total revenues	$ 1,264	$ 1,246
Costs and operating expenses:
Insurance costs	907	852
Cost of providing services	79	78
Sales and marketing	72	69
General and administrative	48	43
Systems development and programming	18	17
Depreciation and amortization of intangible assets	18	18
Total costs and operating expenses	1,142	1,077
Operating income	122	169
Other income (expense):
Interest expense, bank fees and other	(16)	(7)
Interest income	18	18
Income before provision for income taxes	124	180
Income taxes	33	49
Net income	91	131
Other comprehensive income (loss), net of income taxes	(3)	3
Comprehensive income	$ 88	$ 134
Net income per share:
Basic (in dollars per share)	$ 1.80	$ 2.18
Diluted (in dollars per share)	$ 1.78	$ 2.17
Weighted average shares:
Basic (in shares)	51	60
Diluted (in shares)	51	60
Professional service revenues
Total revenues	$ 214	$ 205
Insurance service revenues
Total revenues	$ 1,050	$ 1,041

TNET Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 298	$ 287
Investments	85	65
Restricted cash, cash equivalents and investments	1,059	1,269
Accounts receivable, net	11	18
Unbilled revenue, net	467	447
Prepaid expenses, net	79	67
Other payroll assets	791	381
Other current assets	50	44
Total current assets	2,840	2,578
Restricted cash, cash equivalents and investments, noncurrent	152	158
Investments, noncurrent	161	143
Property and equipment, net	15	17
Operating lease right-of-use asset	22	24
Goodwill	462	462
Software and other intangible assets, net	174	172
Other assets	142	139
Total assets	3,968	3,693
Current liabilities:
Accounts payable and other current liabilities	122	87
Revolving credit agreement borrowings	109	109
Client deposits and other client liabilities	51	65
Accrued wages	537	515
Accrued health insurance costs, net	167	175
Accrued workers' compensation costs, net	51	50
Payroll tax liabilities and other payroll withholdings	1,611	1,438
Operating lease liabilities	14	14
Insurance premiums and other payables	7	10
Total current liabilities	2,669	2,463
Long-term debt, noncurrent	984	984
Accrued workers' compensation costs, noncurrent, net	120	120
Deferred taxes	13	13
Operating lease liabilities, noncurrent	27	30
Other non-current liabilities	12	5
Total liabilities	3,825	3,615
Commitments and contingencies (see Note 5)
Stockholders' equity:
Preferred stock, ($0.000025 par value per share; 20,000,000 shares authorized; no shares issued or outstanding at March 31, 2024 and December 31, 2023)	0	0
Common stock and additional paid-in capital, ($0.000025 par value per share; 750,000,000 shares authorized; 50,573,176 and 50,664,471 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively)	996	976
Accumulated deficit	(848)	(896)
Accumulated other comprehensive loss	(5)	(2)
Total stockholders' equity	143	78
Total liabilities & stockholders' equity	$ 3,968	$ 3,693

About TriNet Group Inc

TriNet Group, Inc. provides human resources (HR) consulting services, employee benefit options, payroll services, and employment risk mitigation 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 and administer various HR transactions, such as payroll processing, tax administration and credits, employee onboarding and termination, employee performance, time and attendance, compensation reporting, expense management, and benefits enrollment and administration, as well as incorporated workforce analytics and allows professional employer organization clients to generate HR data, payroll, compensation, and other custom reports. The company serves clients in various industries, including technology, professional services, financial services, life sciences, and not-for-profit. It sells its solutions through its direct sales organization. The company was incorporated in 1988 and is headquartered in Dublin, California.

CEO	Mr. Burton M. Goldfield
WEBSITE	trinet.com
INDUSTRY	Information Technology Services
EMPLOYEES	65535

TriNet Group Inc Frequently Asked Questions

What is the ticker symbol for TriNet Group Inc? What does TNET stand for in stocks?

TNET is the stock ticker symbol of TriNet Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TriNet Group Inc (TNET)?

As of Wed May 08 2024, market cap of TriNet Group Inc is 5.22 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TNET stock?

You can check TNET's fair value in chart for subscribers.

What is the fair value of TNET stock?

You can check TNET's fair value in chart for subscribers. The fair value of TriNet Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of TriNet Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TNET so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is TriNet Group Inc a good stock to buy?

The fair value guage provides a quick view whether TNET is over valued or under valued. Whether TriNet Group Inc is cheap or expensive depends on the assumptions which impact TriNet Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TNET.

What is TriNet Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, TNET's PE ratio (Price to Earnings) is 15.59 and Price to Sales (PS) ratio is 1.06. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TNET PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on TriNet Group Inc's stock?

In the past 10 years, TriNet Group Inc has provided 0.164 (multiply by 100 for percentage) rate of return.