TriNet Net Income Per Share from 2010 to 2024
| TNET Stock | USD 107.87 1.11 1.04% |
Net Income Per Share | First Reported 2010-12-31 | Previous Quarter 6.57894737 | Current Value 6.91 | Quarterly Volatility 2.4903926 |
Check TriNet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriNet main balance sheet or income statement drivers, such as Depreciation And Amortization of 78.1 M, Interest Expense of 28.2 M or Selling General Administrative of 127.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.26 or PTB Ratio of 91.26. TriNet financial statements analysis is a perfect complement when working with TriNet Valuation or Volatility modules.
TriNet | Net Income Per Share |
Latest TriNet's Net Income Per Share Growth Pattern
Below is the plot of the Net Income Per Share of TriNet Group over the last few years. It is TriNet's Net Income Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriNet's overall financial position and show how it may be relating to other accounts over time.
| Net Income Per Share | 10 Years Trend |
|
Net Income Per Share |
| Timeline |
TriNet Net Income Per Share Regression Statistics
| Arithmetic Mean | 2.62 | |
| Geometric Mean | 1.31 | |
| Coefficient Of Variation | 94.89 | |
| Mean Deviation | 2.09 | |
| Median | 2.57 | |
| Standard Deviation | 2.49 | |
| Sample Variance | 6.20 | |
| Range | 6.7176 | |
| R-Value | 0.95 | |
| Mean Square Error | 0.60 | |
| R-Squared | 0.91 | |
| Slope | 0.53 | |
| Total Sum of Squares | 86.83 |
TriNet Net Income Per Share History
About TriNet Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include TriNet income statement, its balance sheet, and the statement of cash flows. TriNet investors use historical funamental indicators, such as TriNet's Net Income Per Share, to determine how well the company is positioned to perform in the future. Although TriNet investors may use each financial statement separately, they are all related. The changes in TriNet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TriNet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on TriNet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TriNet. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income Per Share | 6.58 | 6.91 |
Pair Trading with TriNet
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TriNet position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TriNet will appreciate offsetting losses from the drop in the long position's value.Moving together with TriNet Stock
| 0.66 | LZ | LegalZoom Earnings Call This Week | PairCorr |
Moving against TriNet Stock
| 0.94 | EXPO | Exponent | PairCorr |
| 0.85 | VLTO | Veralto | PairCorr |
| 0.7 | ARC | ARC Document Solutions | PairCorr |
| 0.67 | ESGL | ESGL Holdings Limited | PairCorr |
| 0.55 | VIRC | Virco Manufacturing Financial Report 10th of June 2024 | PairCorr |
The ability to find closely correlated positions to TriNet could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TriNet when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TriNet - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TriNet Group to buy it.
The correlation of TriNet is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TriNet moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TriNet Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TriNet can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of TriNet Correlation against competitors. Note that the TriNet Group information on this page should be used as a complementary analysis to other TriNet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for TriNet Stock analysis
When running TriNet's price analysis, check to measure TriNet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.
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Is TriNet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TriNet. If investors know TriNet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TriNet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 0.25 | Earnings Share 6.17 | Revenue Per Share 90.228 | Quarterly Revenue Growth 0.014 |
The market value of TriNet Group is measured differently than its book value, which is the value of TriNet that is recorded on the company's balance sheet. Investors also form their own opinion of TriNet's value that differs from its market value or its book value, called intrinsic value, which is TriNet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TriNet's market value can be influenced by many factors that don't directly affect TriNet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TriNet's value and its price as these two are different measures arrived at by different means. Investors typically determine if TriNet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriNet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.