Trinet Group TNET
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Trinet Group (TNET) Business Model and Operations Summary
TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.
Key Insights
Trinet Group (TNET) Core Market Data and Business Metrics
Latest Closing Price
$79.54Market Cap
$3.94 BillionPrice-Earnings Ratio
23.19Total Outstanding Shares
49.58 Million SharesTotal Employees
5,400Dividend
$0.28 Per Share QuarterlyIPO Date
March 27, 2014SIC Description
Services-business Services, NecPrimary Exchange
New York Stock ExchangeHeadquarters
One Park Place., Suite 600, Dublin, CA, 94568
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Avg Daily Volume | Days to Cover | Settlement Date | Short Interest |
|---|---|---|---|
| 668,789 Shares | 1.98 | 3/14/2025 | 1,326,231 Shares |
| 785,680 Shares | 1.87 | 2/28/2025 | 1,471,060 Shares |
| 429,768 Shares | 4.17 | 2/14/2025 | 1,793,604 Shares |
| 268,018 Shares | 6.56 | 1/31/2025 | 1,758,854 Shares |
| 233,424 Shares | 7.65 | 1/15/2025 | 1,785,760 Shares |
| 277,970 Shares | 6.31 | 12/31/2024 | 1,753,931 Shares |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $279 Million |
| Net Cash Flow, Continuing | $225 Million |
| Net Cash Flow | $225 Million |
| Net Cash Flow From Investing Activities, Continuing | $153 Million |
| Exchange Gains/Losses | $0 |
| Net Cash Flow From Operating Activities, Continuing | $279 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Benefits Costs and Expenses | $4.83 Billion |
| Revenues | $5.05 Billion |
| Net Income/Loss Available To Common Stockholders, Basic | $173 Million |
| Diluted Average Shares | $50 Million |
| Net Income/Loss Attributable To Parent | $173 Million |
| Basic Earnings Per Share | $3.47 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $172 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-1 Million |
| Other Comprehensive Income/Loss | $172 Million |
| Comprehensive Income/Loss Attributable To Parent | $172 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Other Non-current Assets | $773 Million |
| Equity Attributable To Parent | $69 Million |
| Liabilities And Equity | $4.12 Billion |
| Assets | $4.12 Billion |
| Current Assets | $3.18 Billion |
| Current Liabilities | $2.98 Billion |
Historical Dividends
Current dividend: $0.28 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 20, 2025 | Apr 28, 2025 | Apr 1, 2025 | $0.275 | Quarterly |
| Dec 12, 2024 | Jan 27, 2025 | Jan 2, 2025 | $0.25 | Quarterly |
| Sep 18, 2024 | Oct 28, 2024 | Oct 1, 2024 | $0.25 | Quarterly |
| Jun 24, 2024 | Jul 22, 2024 | Jul 1, 2024 | $0.25 | Quarterly |
| Feb 15, 2024 | Apr 22, 2024 | Apr 1, 2024 | $0.25 | Quarterly |