TriNet Group (NYSE:TNET) Releases FY 2025 Earnings Guidance

TriNet Group (NYSE:TNET) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.250-4.750 for the period, compared to the consensus estimate of 5.520. The company issued revenue guidance of $4.9 billion-$5.1 billion, compared to the consensus revenue estimate of $5.2 billion.

Analysts Set New Price Targets

TNET has been the topic of a number of research analyst reports. TD Cowen increased 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. JPMorgan Chase & Co. reissued an “underweight” rating and set a $103.00 price objective on shares of TriNet Group in a report on Tuesday, October 22nd. Finally, Needham & Company LLC lowered shares of TriNet Group from a “buy” rating to a “hold” rating and set a $140.00 price objective on the stock. in a report on Monday, October 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, TriNet Group has a consensus rating of “Hold” and an average target price of $117.00.

TriNet Group Trading Down 13.0 %

Shares of NYSE:TNET traded down $12.00 during mid-day trading on Thursday, reaching $80.14. The stock had a trading volume of 654,270 shares, compared to its average volume of 280,559. The firm has a market cap of $3.97 billion, a PE ratio of 15.44 and a beta of 1.21. The firm has a 50 day simple moving average of $91.91 and a two-hundred day simple moving average of $94.02. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 7.70. TriNet Group has a twelve month low of $74.32 and a twelve month high of $134.67.

TriNet Group (NYSE:TNET) last announced its earnings results on Thursday, February 13th. The business services provider reported $0.27 EPS for the quarter, topping the consensus estimate of $0.25 by $0.02. TriNet Group had a net margin of 5.29% and a return on equity of 248.94%. On average, research analysts predict that TriNet Group will post 4.14 EPS for the current fiscal year.

TriNet Group Dividend Announcement

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

Insider Transactions at TriNet Group

In related news, CTO Jeffery Jon Hayward sold 1,813 shares of the firm’s stock in a transaction on Friday, November 22nd. The shares were 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 of the company’s stock, valued at approximately $3,426,835.74. This trade represents a 4.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 11,942 shares of company stock valued at $1,083,506 in the last ninety days. 37.10% of the stock is currently owned by corporate insiders.

TriNet Group Company Profile

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.