Back to top
more

TriNet (TNET)

(Delayed Data from NYSE)

$105.72 USD

105.72
774,233

-21.06 (-16.61%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $105.54 -0.18 (-0.17%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 38% (156 out of 252)

Industry: Outsourcing

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Balance Sheet

Research for TNET

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

 

Fiscal Year End for TriNet Group, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 1,621 1,693 1,942 1,746 1,461
Receivables 465 394 339 264 294
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 492 239 158 150 116
Total Current Assets 2,578 2,326 2,439 2,160 1,871
Net Property & Equipment 17 24 79 79 85
Investments & Advances 143 304 334 348 337
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 634 625 300 312 304
Deposits & Other Assets 297 133 115 93 96
Total Assets 3,693 3,443 3,309 3,043 2,748
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 109 0 0 0 0
Accounts Payable 87 98 86 50 31
Current Portion Long-Term Debt 0 0 0 22 22
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 740 665 598 540 619
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,513 1,210 1,044 1,247 954
Total Current Liabilities 2,463 1,988 1,739 1,870 1,643
Mortgages 0 0 0 0 0
Deferred Taxes/Income 13 8 11 22 61
Convertible Debt 0 0 0 0 0
Long-Term Debt 984 496 495 348 369
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 125 135 142 147 152
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,615 2,668 2,428 2,436 2,273
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 976 899 808 747 694
Capital Surplus 0 0 0 0 0
Retained Earnings -896 -119 74 -144 -219
Other Equity -2 -5 -1 4 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 78 775 881 607 475
Total Liabilities & Shareholder's Equity 3,693 3,443 3,309 3,043 2,748
Total Common Equity 78 775 881 607 475
Shares Outstanding 50.50 62.20 65.70 66.60 69.80
Book Value Per Share 1.54 12.46 13.41 9.11 6.81

Fiscal Year End for TriNet Group, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,621 1,078 1,625 1,812
Receivables NA 465 425 381 386
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 492 350 171 431
Total Current Assets NA 2,578 1,853 2,177 2,629
Net Property & Equipment NA 17 16 29 31
Investments & Advances NA 143 297 146 297
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 634 631 618 617
Deposits & Other Assets NA 297 145 293 133
Total Assets NA 3,693 2,966 3,290 3,736
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 109 0 0 0
Accounts Payable NA 87 109 100 130
Current Portion Long-Term Debt NA 0 0 0 295
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 740 692 658 639
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 1,513 887 934 1,155
Total Current Liabilities NA 2,463 1,703 1,707 2,235
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 13 5 7 9
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 984 1,091 496 496
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 127 132 135
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,615 2,956 2,375 2,911
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 976 953 934 910
Capital Surplus NA 0 0 0 0
Retained Earnings NA -896 -935 -13 -83
Other Equity NA -2 -8 -6 -2
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 78 10 915 825
Total Liabilities & Shareholder's Equity NA 3,693 2,966 3,290 3,736
Total Common Equity 0 78 10 915 825
Shares Outstanding 50.50 50.50 50.50 59.60 59.40
Book Value Per Share 0.00 1.54 0.20 15.35 13.89