|Over a month ago|
TriNet price target raised to $100 from $89 at JPMorgan » 08:3008/1708/17/21
JPMorgan analyst Tien-tsin Huang raised the firm's price target on TriNet to $100 from $89 and keeps a Neutral rating on the shares. The analyst established December 2022 price targets for the Payments and Processors sector. Modern players have outperformed, says the analyst, who expects some mean reversion in performance as legacy providers return to pre-pandemic growth in the second half of 2021.
Fly Intel: After-Hours Movers » 18:5807/2607/26/21
UHS, TNET, HSII, FFIV, AMKR, TSLA, HLX, ADC, AMP, PCH, TBI
UP AFTER EARNINGS …
TriNet says emerging from COVID-19 in very strong position » 17:3107/2607/26/21
Says very pleased with…
Says very pleased with Q2. Says nearly tripled financial services customer base since 2013. Says expects to see continued recovery in second half. Says during pandemic new business generation pivoted to channels where viewership and engagement increased. Says exceeded volume projections in Q2. Says full-year guidance raise was due in part to strong first half performance and strong growth to date. Says expects to build sales momentum throughout the second half. Comments taken from Q2 earnings conference call.
TriNet sees FY21 adjusted EPS $4.25-$4.70, consensus $3.85 » 16:2407/2607/26/21
Sees FY21 revenue up…
Sees FY21 revenue up 10%-12% from FY20.
TriNet sees Q3 adjusted EPS 62c-87c, consensus 71c » 16:2307/2607/26/21
Sees Q3 revenue up…
Sees Q3 revenue up 15%-17% from last year.
TriNet reports Q2 adjusted EPS $1.56, consensus 81c » 16:2107/2607/26/21
Reports Q2 revenue $1.1B,…
Reports Q2 revenue $1.1B, consensus $236.27M. "During the Q2, TriNet once again prioritized the needs of all of our stakeholders," said Burton M. Goldfield, TriNet's President and CEO. "As a result, we delivered strong financial and operational results. Through our customer selection process, we have a vibrant and durable customer base. We support them with traditional HR functions as well as strategic HR questions as they navigate the economic reopening. Our customers continue to grow with us by hiring new employees at record rates. As we look to the second half of 2021, we are encouraged by the business environment, we will continue to support our customers, and we expect to continue to grow."
TriNet initiated with an Outperform at William Blair » 07:0707/1307/13/21
William Blair analyst…
William Blair analyst Andrew Nicholas initiated coverage of TriNet Group with an Outperform rating and no price target. The analyst has a base case fair value estimate of $83 and a bull case estimate of $103. He's encouraged by the resiliency of the company's installed base and remains confident in the long-term value proposition of the professional employer organization model. TriNet is well positioned to capitalize on the scale benefits of being one of the nation's largest PEOs, Nicholas tells investors in a research note.
TriNet names Lisa Reeves as Chief Product Officer » 09:1006/2206/22/21
TriNet announced that…
TriNet announced that Lisa Reeves has joined the company as Chief Product Officer, reporting to TriNet Executive Vice President and COO, Olivier Kohler. Reeves comes to TriNet with extensive leadership experience in product management for human capital management solutions providers. She most recently served as Chief Product Officer for Zenefits, where she led the company's product management, design, strategy and program management functions.
|Over a quarter ago|
TriNet CEO sells 17.1K shares of common stock » 20:5705/1805/18/21
In a regulatory filing,…
In a regulatory filing, TriNet disclosed that its CEO Burton Goldfield sold 17.1K shares of common stock on May 17th in a total transaction size of $1.35M, reducing his stake by about 3%.
TriNet names Jonathan LeCompte as Chief Sales Officer » 09:2305/1705/17/21
TriNet appointed Jonathan…
TriNet appointed Jonathan LeCompte as the new Senior VP and Chief Sales Officer. LeCompte joins TriNet from Verizon, where he served more than 27 years working in executive sales roles with increasing levels of responsibility, most recently as Senior VP and President of the West Area for Verizon. LeCompte will be based in TriNet's headquarters in Dublin, California.