TriNet Group, Inc. Common Stock (NYSE:TNET):
TriNet to Report Third Quarter 2016 Financial Results on November 1.
The company is so far trading down by -0.27 percent from yesterday’s close.
The stock last traded at $18.63 just a bit lower than $20.54, the stock’s 50 day moving average and a tad below the 200 day moving average of $20.11. The 50 day moving average moved down $-1.91 and the 200 day average went down by -7.34%.
TriNet Group, Inc. Common Stock’s P/E ratio is 32.68 and the market value is 1.31B. As of the latest earnings report the EPS was $0.57 and is estimated to be $1.16 for the current year with 70,248,000 shares currently outstanding. Next quarter’s EPS is forecasted at $0.35 with next year’s EPS anticipated to be $1.38.
A few brokerage analysts have weighed in on the company recently. November 3 investment analysts at Piper Jaffray maintained a company rating of “Neutral” and moved down the price target from $22.00 to $21.00. On August 4 Piper Jaffray held the stock rating at “Neutral” but moved down the price target to $22.00 from $33.00.
August 4 investment analysts at Stifel Nicolaus made no change to the company rating of “Buy” but lowered the price target from $39.00 to $26.00. On August 4 the stock rating was downgraded from “Outperform” to “Market Perform” in an announcement from William Blair.
Piper Jaffray began coverage by announcing an initial rating of “Neutral” and setting a price target of $33.00. May 6 investment analysts at Deutsche Bank maintained a stock rating of “Buy” but lowered the price expectation to $33.00 from $35.00.