TriNet Group (NYSE:TNET) Announces Earnings Results, Beats Expectations By $0.02 EPS

TriNet Group (NYSE:TNET) posted its earnings results on Thursday. The business services provider reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02, Zacks reports. TriNet Group had a return on equity of 248.94% and a net margin of 5.29%. TriNet Group updated its FY 2025 guidance to 3.250-4.750 EPS.

TriNet Group Price Performance

NYSE:TNET traded down $12.07 on Thursday, reaching $80.06. 809,885 shares of the company’s stock traded hands, compared to its average volume of 285,780. The stock has a 50-day simple moving average of $91.91 and a 200-day simple moving average of $94.02. TriNet Group has a 12 month low of $74.32 and a 12 month high of $134.67. The firm has a market cap of $3.97 billion, a PE ratio of 15.39 and a beta of 1.21. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 7.70.

TriNet Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 2nd were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.25%. The ex-dividend date was Thursday, January 2nd. TriNet Group’s dividend payout ratio is currently 19.27%.

Analysts Set New Price Targets

A number of research firms recently issued reports on TNET. TD Cowen raised their price objective on shares of TriNet Group from $92.00 to $104.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. Needham & Company LLC downgraded shares of TriNet Group from a “buy” rating to a “hold” rating and set a $140.00 price objective for the company. in a research report on Monday, October 28th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $103.00 target price on shares of TriNet Group in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, TriNet Group currently has a consensus rating of “Hold” and a consensus price target of $117.00.

Insider Activity at TriNet Group

In other TriNet Group news, CTO Jeffery Jon Hayward sold 1,813 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $92.74, for a total value of $168,137.62. Following the completion of the transaction, the chief technology officer now directly owns 36,951 shares in the company, valued at $3,426,835.74. This represents a 4.68 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last 90 days, insiders have sold 11,942 shares of company stock valued at $1,083,506. 37.10% of the stock is owned by company insiders.

About TriNet Group

TriNet Group, Inc provides comprehensive and flexible human capital management services for small and medium size businesses in the United States. The company offers multi-state payroll processing and tax administration; employee benefits programs, including health insurance and retirement plans; workers compensation insurance and claims management; employment and benefits law compliance; and other HR related services.