Favorable Media Coverage Somewhat Unlikely to Affect TriNet Group (TNET) Share Price
Headlines about TriNet Group (NYSE:TNET) have been trending positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TriNet Group earned a daily sentiment score of 0.29 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 47.1456329978666 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
TriNet Group (NYSE:TNET) opened at $41.36 on Thursday. TriNet Group has a twelve month low of $24.93 and a twelve month high of $45.25. The company has a market capitalization of $2,870.00, a PE ratio of 21.88 and a beta of 2.78. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 3.00.
A number of equities analysts recently commented on TNET shares. BidaskClub upgraded TriNet Group from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Zacks Investment Research upgraded TriNet Group from a “sell” rating to a “hold” rating in a report on Wednesday, February 7th. Finally, Morgan Stanley raised their target price on TriNet Group from $31.00 to $32.00 and gave the company an “underweight” rating in a report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company’s stock. TriNet Group has an average rating of “Hold” and a consensus price target of $38.00.
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TriNet Group Company Profile
TriNet Group, Inc is a provider of human resources (HR) solutions for small to medium-sized businesses (SMBs). The Company’s HR solutions include services, such as multi-state payroll processing and tax administration, employee benefits programs, including health insurance and retirement plans, workers’ compensation insurance and claims management, employment and benefit law compliance, and other services.
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