TriNet Group, Inc. (TNET) Sets 52-Week High on Apr, 16 at $48.33

April 16, 2018 - By Toni Killen

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

Today one-year high was broke into by TriNet Group, Inc. (NYSE:TNET) with $51.71 target or 7.00 % above today’s $48.33 share price. announced it on Apr, 16. The company has $3.40B MC. The valuation of NYSE:TNET can change by $238.14M if our $51.71 target is broke into.

Its shares touched $48.33 on during the last trading session after 0.02% change.Currently TriNet Group, Inc. is uptrending after 62.79% change in last April 16, 2017. TNET has also 50,750 shares volume. TNET outperformed by 51.24% the S&P500.

Analysts await TriNet Group, Inc. (NYSE:TNET) to report earnings on May, 1. They expect $0.55 earnings per share, up 41.03 % or $0.16 from last year’s $0.39 per share. TNET’s profit will be $38.72 million for 21.97 P/E if the $0.55 EPS becomes a reality. After $0.37 actual earnings per share reported by TriNet Group, Inc. for the previous quarter, Wall Street now forecasts 48.65 % EPS growth.

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

Total analysts of 2 have positions in TriNet Group (NYSE:TNET) as follows: 1 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 50%. Since November 3, 2017 according to StockzIntelligence Inc TriNet Group has 5 analyst reports. On Friday, November 3 the stock of TriNet Group, Inc. (NYSE:TNET) earned “Underweight” rating by Morgan Stanley. The stock rating was upgraded by Morgan Stanley to “Equal-Weight” on Wednesday, April 4. On Friday, November 3 Stifel Nicolaus maintained TriNet Group, Inc. (NYSE:TNET) rating. Stifel Nicolaus has “Buy” rating and $51.0 target. On Thursday, April 12 the firm has “Buy” rating given by Stifel Nicolaus. On Wednesday, February 28 the firm has “Buy” rating given by Stifel Nicolaus.

TriNet Group, Inc. provides human resources solutions for small and midsize businesses in the United States and Canada.The firm is worth $3.40 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.19.41 is the P/E ratio. 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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