TriNet Group trades as part of the industrials sector and business services industry. The company CEO is Burton M. Goldfield. Trinet Group Inc provides human resources solution for small to medium-sized businesses. Its HR solution includes multi-state payroll processing and tax administration, employee benefits programs, workers’ compensation insurance, and claims management.



Previous Intraday Performance:

The TNET shares had a previous change of 0.34% which opened at 61.27 and closed at 61.40. It moved to an intraday high of 62.03 and a low of 61.05.

PR Newswire:  TriNet Names Dilshad Simons Senior Vice President, Products

Historical Performance:

Over the last five trading days, TNET shares returned 2.74% and in the past 30 trading days it returned 34.47%. Over three months, it changed 45.05%. In one year it has changed 30.50% and within that year its 52-week high was 63.65 and its 52-week low was 38.74. TNET stock is 58.49% above its 52 Week Low.

Our calculations result in a 200 day moving average of 51.69 and a 50 day moving average of 51.07. Right now, TNET stock is trading 18.78% above its 200 day moving average.

PR Newswire:  TriNet Names Dilshad Simons Senior Vice President, Products

Liquidity:

The company has a market cap of $4.3b with 70.2m shares outstanding and a float of 68.6m shares. Trading volume was 218,440 shares and has experienced an average volume of 484,983 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for TriNet Group was 2.66 which ended on 31st of December 2018, which according to the previous close, that is a PE of 23.08. Based on 2 analyst estimates, the consensus EPS for the next quarter is 0.43. The trailing twelve month EPS is 2.54, which comes to a trailing twelve month PE of 24.17. Historically, the PE high was 193.00 and the PE low was 15.40. If the stock reached its PE low, that would represent a price of 39.12, which is a decrease of -36.28%.

Below was the last reported quarterly earnings per share:
12-31-2018:  0.44
09-30-2018:  0.63
06-30-2018:  0.76
03-31-2018:  0.71

Base on our calculations, the intrinsic value per share is 64.49, which means it might be undervalued and has a margin of safety of 4.79%

The next earnings report will be: 03-21-2019



The growth of the EPS is critical in understanding the current valuation of TriNet Group; it is typically displayed as a percentage and called the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 5.60% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 2.20% of insider ownership and 108.80% of institutional ownership. Short-interest was 1,282,527, which was 1.83% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.69. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be 2.15

SeekingAlpha:  Tracking Chase Coleman’s Tiger Global Portfolio – Q4 2018 Update

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 66.09%, return on assets is 7.64%, profit margin is 5.48%, price-to-sales is 1.23 and price-to-book is 11.45.

Company Score Card:

Results are out of six:
 2  : Growth Expectations Result
 4  : Financial Safety Result
 3  : Past Performance Result
 1  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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