How to Buy Trinet Group Stock
Trinet Group Inc
Trinet Group is a staffing & employment service company located in California, United States, which is part of the Industrials sector, and is traded under the ticker TNET on the NYSE exchange.
Trinet Group stock last closed at $101.93, up 0.18% from the previous day, and has increased 9.44% in one year. It has overperformed other stocks in the Staffing & Employment Services industry by 0.09 percentage points. Trinet Group stock is currently +16.89% from its 52-week low of $87.20, and -24.31% from its 52-week high of $134.67.
There are currently 50.56M shares of TNET outstanding. The market capitalization of TNET is $5.15B. In the past 24 hours, 308,216 TNET shares were traded.
How to Buy Trinet Group Stock
Wondering how to invest in Trinet Group stock? Here's how.
- Choose where to buy Trinet Group stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Trinet Group stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Analyze Trinet Group stock: The Trinet Group ticker symbol is TNET. Is Trinet Group stock a good investment? Should you buy shares of TNET? How do TNET's underlying business fundamentals look? Do top analysts think Trinet Group is a good buy? Why has TNET's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if TNET is a good stock to buy).
- Make your TNET trade: Decide if you will purchase TNET shares at the current market price or use a limit order to buy TNET stock at a given price.
- Get the latest news on your investment in TNET: Create a watchlist to get live updates on your position in Trinet Group shares.
Step 1: Choose where to buy Trinet Group stock
You will need a brokerage account in order to access the NYSE market and buy TNET shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you are able to invest in TNET stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
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Step 3: Deposit funds into your investment account
Now that you have finished signing up on one of the best stock market apps, you need to deposit funds:
Check out the tutorial below for more details depositing funds into your new investment account.
Step 4: Analyze Trinet Group stock
After you have decided on the best place to buy Trinet Group stock, it's critical to analyze their stock before you invest, so you can comprehend the risk as well as the upside.
Overview of key TNET info
TNET Overview
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on TNET's stock page.
Is TNET stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TNET's fair value.
Using relative valuations methods:
- TNET could be undervalued based on its P/E ratio of 16.36x, relative to Staffing & Employment Services industry P/E ratio of 26.67x
- TNET could be overvalued based on its P/B ratio of 36.04x, relative to Staffing & Employment Services industry P/B ratio of 9.19x
You can do additional valuation research on TNET's stock here.
A quick look at TNET Financials
Passed Financial Due Diligence Checks:
- TNET earnings of $493.00M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the TNET balance sheet.
- TNET's operating cash flow of $500.00M allows it to safely service it's debt of $1.13B.
- There are more short-term assets than short-term liabilities on the TNET balance sheet.
Failed Financial Due Diligence Checks:
- TNET has a relatively high debt to equity ratio of 26.75.
- TNET profit margin has gone down from 6.9% to 6.8% in the past year.
- Total TNET debt is higher than 5 years ago, relative to shareholder equity.
Is Trinet Group stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 4 sell side analysts who give recommendations on TNET, the consensus analyst rating on Trinet Group is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Trinet Group stock forecast page.
TNET Momentum
TNET Earnings
Last year, TNET earnings were $335.00M. Over the past five year, TNET's earnings have increased by 16.85% per year. This was slower than the Staffing & Employment Services industry average of 49.5%.
Last year, TNET revenue was $4.94B. Over the past five year, TNET's revenue has increased by 6.68% per year. This was slower than the Staffing & Employment Services industry average of 8.46%.
You can analyze TNET's earnings and revenue performance here.
What are TNET insiders up to?
In the past year, executives and large shareholders at TNET have sold more shares than they have bought.
Burton M. Goldfield, Director of TNET, was the latest TNET insider to sell. They sold $240,510.19 worth of TNET shares on Feb 22, 2024.
Get more info about who owns TNET shares here.
Can I rely on TNET as an income stream?
Trinet Group pays a dividend of 0.25%, compared to the Staffing & Employment Services industry's average dividend yield of 2.41%. If you owned $1,000 of TNET stock, you would have been paid $2.45 in the past year.
Dig into more data about Trinet Group dividend yield and history here.
TNET Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your TNET trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price limit, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your investment in TNET
Now that you own some TNET stock, you'll want to stay up-to-date on your new shares.
Create a watchlist to keep track of your TNET stock.
TNET Feed
How to Buy Stock in Trinet Group
To summarize, here are the 6 steps you need to take to buy Trinet Group stock right now:
- Choose where to buy Trinet Group stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Analyze Trinet Group stock
- Make your TNET trade
- Get the latest news on your investment in TNET
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to watch your new investment in Trinet Group, click below.
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