Notable negative changes in fundamentals have recently occurred for Trinet Group Inc (NYSE: TNET): 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.
Trinet Group Inc (NYSE: TNET) has recently experienced extremely important negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and its shorter 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 (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Trinet Group has a slightly positive Appreciation Score of 62 and a neutral Power Rating of 50, triggering the Neutral Value Trend Rating.
Recent Price Action
Trinet Group Inc (NYSE: TNET) stock closed at $101.13 on 5/3/24 after a slight decline of -0.8%. Trading volume in this decline was normal. The stock has been strong relative to the market over the last nine months but has declined -20.2% during the last week.
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