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

TriNet Group (NYSE:TNET) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.250-4.750 for the period, compared to the consensus EPS 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 Price Performance

TNET stock 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. The company has a debt-to-equity ratio of 7.70, a quick ratio of 1.07 and a current ratio of 1.07. TriNet Group has a 52-week low of $74.32 and a 52-week high of $134.67. The business has a 50-day simple moving average of $91.91 and a two-hundred day simple moving average of $94.02.

TriNet Group (NYSE:TNET) last released its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, beating 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%. Research analysts expect that TriNet Group will post 4.14 EPS for the current fiscal year.

TriNet Group Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TNET. TD Cowen boosted their target price on shares of TriNet Group from $92.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Needham & Company LLC cut shares of 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, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $103.00 price target on shares of TriNet Group in a report on Tuesday, October 22nd. 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. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $117.00.

Insider Activity

In other news, CTO Jeffery Jon Hayward sold 2,345 shares of TriNet Group stock in a transaction on Friday, November 29th. The shares were sold at an average price of $93.03, for a total transaction of $218,155.35. Following the transaction, the chief technology officer now owns 34,606 shares in the company, valued at $3,219,396.18. This trade represents a 6.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold a total of 11,942 shares of company stock worth $1,083,506 over the last 90 days. 37.10% of the stock is currently owned by 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.