Trinet Group Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)
Portfolio Pulse from Benzinga Insights
In the last three months, 4 analysts have updated their ratings on Trinet Group (TNET), showing a shift from bullish to somewhat bullish. The average 12-month price target is now $140.25, up 10.43% from the previous $127.00. Trinet Group, specializing in outsourced payroll and HR solutions, has shown impressive financial performance with a notable revenue growth rate of 1.55% and a high ROE of 152.27%, despite a high debt-to-equity ratio of 14.58.
March 04, 2024 | 5:01 pm
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Trinet Group has received updated ratings from 4 analysts, with a new average 12-month price target of $140.25, indicating a positive outlook. The company's strong financial performance, including a 1.55% revenue growth and a high ROE of 152.27%, supports this optimistic view despite a high debt-to-equity ratio.
The updated analyst ratings and increased price target for TNET reflect a positive market sentiment towards the company's future performance. The strong financial indicators, such as revenue growth and ROE, despite a high debt-to-equity ratio, suggest that TNET is managing its resources effectively and is likely to continue its growth trajectory. This analysis is based on the recent analyst ratings and financial performance data provided.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100