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

TriNet Group (NYSE:TNET) issued an update on its FY 2025 earnings guidance on Thursday morning. 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.

TriNet Group Trading Down 14.7 %

Shares of NYSE:TNET opened at $78.58 on Friday. The company has a market capitalization of $3.90 billion, a P/E ratio of 15.14 and a beta of 1.21. TriNet Group has a 1 year low of $74.32 and a 1 year high of $134.67. The company has a debt-to-equity ratio of 7.70, a current ratio of 1.07 and a quick ratio of 1.07. The business’s 50 day simple moving average is $91.91 and its 200 day simple moving average is $94.02.

TriNet Group (NYSE:TNET) last issued its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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, research analysts anticipate that TriNet Group will post 4.14 EPS for the current fiscal year.

TriNet Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Thursday, January 2nd were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Thursday, January 2nd. TriNet Group’s dividend payout ratio is currently 19.27%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. 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. Needham & Company LLC downgraded TriNet Group from a “buy” rating to a “hold” rating and set a $140.00 target price on the stock. in a report on Monday, October 28th. Finally, TD Cowen raised their target price on TriNet Group from $92.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $117.00.

Insider Buying and Selling 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 stock was sold at an average price of $92.74, for a total transaction of $168,137.62. Following the sale, the chief technology officer now owns 36,951 shares of the company’s stock, valued at $3,426,835.74. This trade represents a 4.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last quarter, insiders have sold 11,942 shares of company stock valued at $1,083,506. 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.