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

TriNet Group (NYSE:TNET) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.250-4.750 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TNET. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $103.00 target price on shares of TriNet Group in a research report on Tuesday, October 22nd. TD Cowen lifted their target price on TriNet Group from $92.00 to $104.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of TriNet Group in a research report on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, TriNet Group presently has an average rating of “Hold” and an average target price of $117.00.

TriNet Group Stock Down 1.4 %

Shares of TriNet Group stock opened at $77.35 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 7.70. The firm has a market cap of $3.84 billion, a P/E ratio of 14.90 and a beta of 1.21. TriNet Group has a fifty-two week low of $74.32 and a fifty-two week high of $134.67. The business has a 50-day moving average price of $91.60 and a 200 day moving average price of $93.91.

TriNet Group (NYSE:TNET) last announced its quarterly earnings data on Thursday, February 13th. The business services provider reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.02. TriNet Group had a return on equity of 248.94% and a net margin of 5.29%. On average, sell-side analysts forecast that TriNet Group will post 4.14 earnings per share for the current fiscal year.

TriNet Group Announces Dividend

The company also recently disclosed 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 1.29%. The ex-dividend date of this dividend was Thursday, January 2nd. TriNet Group’s dividend payout ratio is currently 19.27%.

Insider Activity

In other news, CTO Jeffery Jon Hayward sold 2,345 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $93.03, for a total transaction of $218,155.35. Following the completion of the transaction, the chief technology officer now directly owns 34,606 shares of the company’s stock, valued at approximately $3,219,396.18. This represents a 6.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 11,942 shares of company stock valued at $1,083,506. 37.10% of the stock is currently owned by 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.