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

128.13USD-1.37 (-1.06%)Delayed as of 19 Apr 2024, 02:55 pm ET

Market Summary

USD128.13-1.37

Delayedas of 19 Apr 2024, 02:55 pm

-1.06%

TNET Stock Price

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TNET RSI Chart

TNET Valuation

Market Cap

6.5B

Price/Earnings (Trailing)

17.46

Price/Sales (Trailing)

1.33

EV/EBITDA

13.79

Price/Free Cashflow

13.93

TNET Price/Sales (Trailing)

TNET Profitability

EBT Margin

10.17%

Return on Equity

480.77%

Return on Assets

10.15%

Free Cashflow Yield

7.18%

TNET Fundamentals

TNET Revenue

Revenue (TTM)

4.9B

Rev. Growth (Yr)

1.55%

Rev. Growth (Qtr)

1.88%

TNET Earnings

Earnings (TTM)

375.0M

Earnings Growth (Yr)

41.05%

Earnings Growth (Qtr)

-28.72%

Breaking Down TNET Revenue

52 Week Range

79.00130.46

(Low)(High)

Last 7 days

-1.3%

Last 30 days

0.4%

Last 90 days

11.3%

Trailing 12 Months

53.8%

How does TNET drawdown profile look like?

TNET Financial Health

Current Ratio

1.05

Debt/Equity

12.62

Debt/Cashflow

0.55

TNET Investor Care

Buy Backs (1Y)

15.70%

Diluted EPS (TTM)

6.55

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
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

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of TriNet Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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
Mar 15, 2024	warren alexander g.	acquired	-	-	7,959	svp, chief revenue officer
Mar 04, 2024	tuminelli kelly l	acquired	-	-	16,234	evp & chief financial officer

Which funds bought or sold TNET recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 16, 2024	Ausbil Investment Management Ltd	added	11.26	151,748	787,310	0.39%
Apr 16, 2024	SummerHaven Investment Management, LLC	added	1.01	119,198	1,070,520	0.67%
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	new	-	3,842	3,842	-%
Apr 15, 2024	Procyon Advisors, LLC	reduced	-23.37	-35,079	204,565	0.02%
Apr 12, 2024	HARBOR INVESTMENT ADVISORY, LLC	new	-	1,987	1,987	-%
Apr 12, 2024	TILIA FIDUCIARY PARTNERS, INC.	added	7.19	367,149	2,259,090	1.83%
Apr 12, 2024	Kaydan Wealth Management, Inc.	reduced	-0.33	55,816	561,625	0.19%
Apr 12, 2024	AdvisorNet Financial, Inc	sold off	-100	-1,784	-	-%
Apr 11, 2024	CONGRESS ASSET MANAGEMENT CO /MA	reduced	-2.61	637,399	8,137,010	0.06%
Apr 11, 2024	TEALWOOD ASSET MANAGEMENT INC	sold off	-100	-999,000	-	-%

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
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
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 06, 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	18.6B	-0.87%	11.50%	27.94	5.35	7.76%	13.08%
CTAS	67.3B	9.4B	5.62%	45.91%	44.74	7.15	9.34%	15.98%
CPRT	51.1B	4.1B	-5.47%	36.24%	37.7	12.6	10.52%	25.37%
EFX	27.0B	5.3B	-16.27%	11.63%	49.46	5.12	2.79%	-21.68%
BAH	18.1B	10.3B	-4.58%	41.94%	44.21	1.75	13.90%	-5.05%
ALLE	10.9B	3.7B	-6.17%	19.79%	20.22	2.99	11.58%	17.98%
MID-CAP
RHI	7.3B	6.4B	-11.48%	-7.93%	17.8	1.14	-11.68%	-37.51%
AL	5.4B	2.7B	5.09%	22.48%	8.8	2.02	15.87%	733.47%
SRCL	4.5B	2.7B	-8.32%	16.46%	-212.38	1.7	-1.68%	-137.70%
ABM	2.8B	8.2B	0.99%	2.29%	10.77	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	1.5B	-1.69%	90.27%	84.03	1.26	41.33%	169.51%
ALTG	381.9M	1.9B	-3.40%	-18.14%	42.9	0.2	19.40%	-4.30%
ARC	115.0M	281.2M	5.08%	-12.09%	13.97	0.41	-1.68%	-25.77%
AQMS	56.0M	1.1M	6.38%	-56.90%	-2.34	49.78	336.95%	-55.13%
AWX	8.7M	80.5M	-1.33%	-21.00%	-4.81	0.11	-0.82%	-207.00%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	1.9%	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	917
Costs and Expenses	4.7%	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	875
S&GA Expenses	-5.3%	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	50.00
R&D Expenses	6.7%	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	13.00
EBITDA Margin	4.8%	0.11*	0.10*	0.11*	0.11*	0.11*	0.12*	0.12*	0.12*	0.11*	0.10*	0.09*	0.11*	-	-	-	-	-	-	-	-	-
Interest Expenses	-55.6%	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	4.00
Income Taxes	-38.3%	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	13.00
Earnings Before Taxes	-31.0%	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	42.00
EBT Margin	4.2%	0.10*	0.10*	0.09*	0.09*	0.10*	0.10*	0.11*	0.11*	0.10*	0.09*	0.08*	0.09*	-	-	-	-	-	-	-	-	-
Net Income	-28.7%	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	29.00
Net Income Margin	5.1%	0.08*	0.07*	0.07*	0.07*	0.07*	0.08*	0.08*	0.08*	0.07*	0.07*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Free Cashflow	536.2%	567	-130	127	-94.00	469	-62.00	-104	203	223	162	-27.00	-180	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	24.5%	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	2,435
Current Assets	39.1%	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	1,646
Cash Equivalents	68.8%	287	170	482	707	354	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	1,349
Net PPE	6.3%	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	79.00
Goodwill	0%	462	462	462	462	462	462	136	433	294	294	294	294	294	294	289	289	289	289	289	289	289
Liabilities	22.3%	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	2,060
Current Liabilities	44.6%	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	1,425
Long Term Debt	-9.8%	984	1,091	496	496	496	496	495	495	495	495	495	494	348	353	358	364	369	375	380	385	391
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00	22.00
LT Debt, Non Current	-9.8%	984	1,091	496	496	496	496	495	495	495	495	495	494	348	353	358	364	369	375	380	385	391
Shareholder's Equity	680.0%	78.00	10.00	915	825	775	856	763	695	881	809	744	653	607	620	616	533	475	477	439	406	375
Retained Earnings	4.2%	-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	-266
Shares Outstanding	0.3%	51.00	51.00	60.00	60.00	61.00	62.00	62.00	62.00	66.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	634.5%	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	372
Share Based Compensation	6.7%	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	13.00
Cashflow From Investing	50.0%	-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	-31.00
Cashflow From Financing	94.6%	-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	-23.00
Buy Backs	-98.7%	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	14.00

TNET Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Total revenues	$ 4,922	$ 4,885	$ 4,540
Costs and operating expenses:
Insurance costs	3,513	3,463	3,339
Cost of providing services	307	303	264
Sales and marketing	285	242	202
General and administrative	211	241	176
Systems development and programming	65	73	50
Depreciation and amortization of intangible assets	72	64	54
Total costs and operating expenses	4,453	4,386	4,085
Operating income	469	499	455
Other income (expense):
Interest expense, bank fees and other	(40)	(39)	(20)
Interest income	72	22	6
Income before provision for income taxes	501	482	441
Income taxes	126	127	103
Net income	375	355	338
Other comprehensive (loss) income, net of income taxes	3	(4)	(5)
Comprehensive income	$ 378	$ 351	$ 333
Net income per share:
Basic (in dollars per share)	$ 6.61	$ 5.66	$ 5.13
Diluted (in dollars per share)	$ 6.56	$ 5.61	$ 5.07
Weighted average shares:
Basic (in shares)	57	63	66
Diluted (in shares)	57	64	67
Professional service revenues
Total revenues	$ 756	$ 754	$ 639
Insurance service revenues
Total revenues	$ 4,166	$ 4,131	$ 3,901

TNET Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 287	$ 354
Investments	65	76
Restricted cash, cash equivalents and investments	1,269	1,263
Accounts receivable, net	18	19
Unbilled revenue, net	447	375
Prepaid expenses, net	67	71
Other payroll assets	381	122
Other current assets	44	46
Total current assets	2,578	2,326
Restricted cash, cash equivalents and investments, noncurrent	158	153
Investments, noncurrent	143	151
Property and equipment, net	17	24
Operating lease right-of-use asset	24	31
Goodwill	462	462
Software and other intangible assets, net	172	163
Other assets	139	133
Total assets	3,693	3,443
Current liabilities:
Accounts payable and other current liabilities	87	98
Revolving credit agreement borrowings	109	0
Client deposits and other client liabilities	65	106
Accrued wages	515	437
Accrued health insurance costs, net	175	174
Accrued workers' compensation costs, net	50	54
Payroll tax liabilities and other payroll withholdings	1,438	1,087
Operating lease liabilities	14	15
Insurance premiums and other payables	10	17
Total current liabilities	2,463	1,988
Long-term debt, noncurrent	984	496
Accrued workers' compensation costs, noncurrent, net	120	128
Deferred taxes	13	8
Operating lease liabilities, noncurrent	30	41
Other non current liabilities	5	7
Total liabilities	3,615	2,668
Commitments and contingencies (see Note 9)
Stockholders' equity:
Preferred stock, ($0.000025 par value per share; 20,000,000 shares authorized; no shares issued or outstanding at December 31, 2023 and 2022)	0	0
Common stock and additional paid-in capital, ($0.000025 par value per share; 750,000,000 shares authorized; 50,664,471 and 60,555,661 shares issued and outstanding at December 31, 2023 and 2022, respectively)	976	899
Retained earnings (Accumulated deficit)	(896)	(119)
Accumulated other comprehensive loss	(2)	(5)
Total stockholders' equity	78	775
Total liabilities & stockholders' equity	$ 3,693	$ 3,443

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 Thu Apr 18 2024, market cap of TriNet Group Inc is 6.55 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 Thu Apr 18 2024, TNET's PE ratio (Price to Earnings) is 17.46 and Price to Sales (PS) ratio is 1.33. 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 0.188 (multiply by 100 for percentage) rate of return.