News articles about TriNet Group (NYSE:TNET) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. TriNet Group earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 45.4010811842749 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
TriNet Group (NYSE TNET) opened at $44.38 on Friday. TriNet Group has a twelve month low of $24.09 and a twelve month high of $45.25. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 3.00. The company has a market capitalization of $3,020.00, a P/E ratio of 23.48 and a beta of 3.01.
TriNet Group (NYSE:TNET) last announced its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.56 EPS for the quarter, beating the consensus estimate of $0.26 by $0.30. TriNet Group had a return on equity of 156.96% and a net margin of 4.15%. The company had revenue of $205.90 million for the quarter, compared to the consensus estimate of $174.89 million. During the same quarter last year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 27.9% compared to the same quarter last year. equities research analysts forecast that TriNet Group will post 1.77 EPS for the current year.
In other news, CEO Burton M. Goldfield sold 13,317 shares of the firm’s stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $33.98, for a total value of $452,511.66. Following the sale, the chief executive officer now owns 31,225 shares in the company, valued at $1,061,025.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Burton M. Goldfield sold 4,292 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $35.05, for a total transaction of $150,434.60. Following the completion of the sale, the chief executive officer now owns 29,282 shares in the company, valued at approximately $1,026,334.10. The disclosure for this sale can be found here. In the last quarter, insiders have sold 142,163 shares of company stock worth $5,925,247. Corporate insiders own 42.40% of the company’s stock.
ILLEGAL ACTIVITY WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect TriNet Group (TNET) Share Price” was originally published by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.tickerreport.com/banking-finance/3127948/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-trinet-group-tnet-share-price.html.
About TriNet Group
TriNet Group, Inc is a provider of human resources (HR) solutions for small to medium-sized businesses (SMBs). The Company’s HR solutions include services, such as multi-state payroll processing and tax administration, employee benefits programs, including health insurance and retirement plans, workers’ compensation insurance and claims management, employment and benefit law compliance, and other services.
Receive News & Ratings for TriNet Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TriNet Group and related companies with MarketBeat.com's FREE daily email newsletter.