TriNet Group (TNET)
NYSE:TNET
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TNET Stock Chart & Stats
$38.77
-$0.03(-0.04%)
At close: 4:00 PM EST
$38.77
-$0.03(-0.04%)
Day’s Range― - ―
52-Week Range$33.61 - $84.08
Previous CloseN/A
Volume44.38K
Average Volume (3M)353.37K
Market Cap
$2.21B
Enterprise Value$2.70B
Total Cash (Recent Filing)$340.00M
Total Debt (Recent Filing)$946.00M
Price to Earnings (P/E)14.2
Beta0.99
Next Earnings
Jul 24, 2026EPS Estimate
0.93Next Dividend Ex-DateN/A
Dividend Yield1.81%
Share Statistics
EPS (TTM)3.35
Shares Outstanding45,944,640
10 Day Avg. Volume333,211
30 Day Avg. Volume353,373
Financial Highlights & Ratios
PEG Ratio-2.35
Price to Book (P/B)52.56
Price to Sales (P/S)0.57
P/FCF Ratio9.28
Enterprise Value/Market Cap1.22
Enterprise Value/Revenue0.55
Enterprise Value/Gross Profit3.09
Enterprise Value/Ebitda7.03
Forecast
1Y Price Target
$51.80Price Target Upside33.61% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)4.53
Revenue Forecast (FY)$4.83B
Bulls Say, Bears Say
Bulls Say
Cash Generation / FCF ConversionTriNet's materially improved free cash flow conversion (66% in Q1) signals durable cash-generation capability that funds dividends, buybacks and strategic investments. Strong FCF underpins capital returns and operational resilience even with cyclical revenue pressure.
Insurance Performance / ICR ImprovementA >4-point improvement in the insurance cost ratio (ICR to 84%) reflects effective repricing and claims management, reducing a historically volatile cost component. Sustained ICR improvement strengthens underwriting economics and stabilizes PEO margin drivers over time.
Revenue Diversification & Productivity (ASO, AI, M&A)Doubling ASO ARR plus AI-driven productivity and targeted M&A (Cocoon) diversify revenue and improve service economics. These structural moves expand higher-margin offerings, boost retention, and create scalable cost efficiencies that support longer-term margin recovery.
Bears Say
Elevated Leverage / Thin EquityTriNet's very high debt-to-equity and thin equity base materially reduce balance-sheet flexibility. Elevated leverage increases refinancing and liquidity risk, constrains capital allocation choices, and leaves the company more exposed if cash flows weaken or insurance volatility re-emerges.
Worksite Employee (WSE) Volume DeclinesA sustained ~12% decline in WSEs trims TriNet's core recurring revenue base and scale advantages. Volume losses from repricing and renewal attrition pressure top-line growth, reduce unit economics, and require sustained successful sales and retention initiatives to restore growth.
Margin Compression & Lower ProfitabilityA pronounced drop in gross and net margins versus prior years indicates structural pressure on earnings power. Lower margins reduce the firm's ability to absorb shocks, fund growth organically or pay down leverage, making future profitability and return stability more uncertain.
TriNet Group News
TNET FAQ
What was TriNet Group’s price range in the past 12 months?
TriNet Group lowest stock price was $33.60 and its highest was $84.08 in the past 12 months.
What is TriNet Group’s market cap?
TriNet Group’s market cap is $2.21B.
When is TriNet Group’s upcoming earnings report date?
TriNet Group’s upcoming earnings report date is Jul 24, 2026 which is in 51 days.
How were TriNet Group’s earnings last quarter?
TriNet Group released its earnings results on Apr 30, 2026. The company reported $2.48 earnings per share for the quarter, beating the consensus estimate of $1.841 by $0.639.
Is TriNet Group overvalued?
According to Wall Street analysts TriNet Group’s price is currently Undervalued.
Does TriNet Group pay dividends?
TriNet Group pays a Quarterly dividend of $0.275 which represents an annual dividend yield of 1.81%. See more information on TriNet Group dividends here
What is TriNet Group’s EPS estimate?
TriNet Group’s EPS estimate is 0.93.
How many shares outstanding does TriNet Group have?
TriNet Group has 45,944,640 shares outstanding.
What happened to TriNet Group’s price movement after its last earnings report?
TriNet Group reported an EPS of $2.48 in its last earnings report, beating expectations of $1.841. Following the earnings report the stock price went up 6.838%.
Which hedge fund is a major shareholder of TriNet Group?
Currently, no hedge funds are holding shares in TNET
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
TriNet Group Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$51.80 (33.61% Upside)
$51.80 (33.61% Upside)
Blogger Sentiment
Bullish
TNET Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 46.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $188.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-22.99%
12-Months-Change
Fundamentals
Return on Equity
179.66%
Trailing 12-Months
Asset Growth
-9.40%
Trailing 12-Months
Company Description
TriNet Group
TriNet Group, Inc. provides human resources (HR) solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize 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 serves clients in various industries, including technology, professional services, financial services, life sciences, not-for-profit, property management, retail, manufacturing, and hospitality. The company sells its solutions through its direct sales organization. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California.
TNET Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented a mix of significant operational and financial improvements alongside notable volume declines driven by prior repricing actions. Key positives included a 25% increase in adjusted EPS, a >4-point improvement in ICR to 84%, strong adjusted EBITDA and cash generation (free cash flow conversion up to 66%), doubling of ASO ARR, progress on AI-driven productivity (6% reduction in inbound contacts during tax season), and active capital return and M&A activity (Cocoon). Offsetting these were meaningful declines in revenue (-5% YoY), co‑employee and total WSE counts (-12% YoY), a 10% decline in professional services revenue, and near-term sales cadence pressure (longer time-to-close and March softness). Management reiterated full-year guidance and positioned the business to track to the top half of earnings guidance, noting the Q1 insurance favorability included a one-time prior-period benefit. Overall, the company emphasized that repricing actions and investments (AI, product, sales, Cocoon) are creating a foundation for stabilization and future sustainable growth, while acknowledging short-term headwinds from volumes and repricing.View all TNET earnings summariesTNET Stock 12 Month Forecast
Average Price Target
$51.80
▲(33.61% Upside)
Technical Analysis
Automatic Data Processing
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Barrett Business Services
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Insperity
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Paychex
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Robert Half
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Ownership Overview
2.20% Insiders
17.57% Mutual Funds
50.48% Other Institutional Investors
18.13% Public Companies and
Individual Investors