Trinet Group Inc (NYSE: TNET) has recently experienced notable negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Trinet Group Inc (NYSE: TNET): its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TNET is expected to continue to be a major Value Builder.
Trinet Group has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Trinet Group has a slightly positive Appreciation Score of 62 but a poor Power Rating of 29, producing the Low Neutral Value Trend Rating.
Recent Price Action
On 6/4/24, Trinet Group Inc (NYSE: TNET) stock rose modestly by 0.3%, closing at $105.15. Trading volume in this advance was normal. Relative to the market the stock has been weak over the last nine months and has declined -2.2% during the last week.
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