TriNet Group (NYSE:TNET) Releases 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.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Needham & Company LLC lowered 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. TD Cowen boosted their target price on TriNet Group from $92.00 to $104.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a $103.00 price target on shares of TriNet Group in a research report on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, TriNet Group currently has a consensus rating of “Hold” and an average target price of $117.00.

TriNet Group Stock Performance

TriNet Group stock traded down $11.37 during mid-day trading on Thursday, reaching $80.77. 305,628 shares of the stock traded hands, compared to its average volume of 266,959. TriNet Group has a 12-month low of $74.32 and a 12-month high of $134.67. The business’s 50-day moving average is $91.91 and its 200-day moving average is $94.02. 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 stock has a market capitalization of $4.00 billion, a PE ratio of 15.57 and a beta of 1.21.

TriNet Group (NYSE:TNET) last released its quarterly earnings results on Thursday, February 13th. The business services provider reported $0.27 EPS for the quarter, beating 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%. As a group, sell-side analysts predict that TriNet Group will post 4.14 EPS for the current fiscal year.

TriNet Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 2nd were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Thursday, January 2nd. TriNet Group’s dividend payout ratio is presently 19.27%.

Insider Activity

In related news, CTO Jeffery Jon Hayward sold 1,813 shares of the stock in a transaction that occurred 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 sale, the chief technology officer now directly owns 36,951 shares of the company’s stock, valued at approximately $3,426,835.74. This represents a 4.68 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 11,942 shares of company stock valued at $1,083,506 in the last 90 days. Company insiders own 37.10% of the company’s stock.

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.