While TriNet Group Inc has underperformed by -0.24%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TNET fell by -44.30%, with highs and lows ranging from $134.67 to $65.43, whereas the simple moving average fell by -25.32% in the last 200 days.
On February 18, 2025, TD Cowen Downgraded TriNet Group Inc (NYSE: TNET) to Hold. A report published by Needham on October 28, 2024, Downgraded its rating to ‘Hold’ for TNET. JP Morgan also rated TNET shares as ‘Underweight’, setting a target price of $103 on the company’s shares in an initiating report dated October 22, 2024. UBS Initiated an Neutral rating on November 07, 2023, and assigned a price target of $110. TD Cowen August 07, 2023d its ‘Market Perform’ rating to ‘Outperform’ for TNET, as published in its report on August 07, 2023. Needham’s report from May 12, 2023 suggests a price prediction of $115 for TNET shares, giving the stock a ‘Buy’ rating. Cowen also rated the stock as ‘Market Perform’.
Analysis of TriNet Group Inc (TNET)
A return on investment can be expected regardless of TNET’s performance over the next quarter with the dividend set at $1.00 per share. Further, the quarter-over-quarter increase in sales is 2.57%, showing a positive trend in the upcoming months.
To gain a thorough understanding of TriNet Group Inc’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 235.37% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.07, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and TNET is recording an average volume of 366.20K. On a monthly basis, the volatility of the stock is set at 4.39%, whereas on a weekly basis, it is put at 5.33%, with a loss of -1.49% over the past seven days. Furthermore, long-term investors anticipate a median target price of $82.75, showing growth from the present price of $71.50, which can serve as yet another indication of whether TNET is worth investing in or should be passed over.
How Do You Analyze TriNet Group Inc Shares?
A leading company in the Staffing & Employment Services sector, TriNet Group Inc (TNET) is based in the USA. When comparing TriNet Group Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 21.02, there is a growth in quarterly earnings of -135.02%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.69%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 97.81% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
