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.

TriNet Group Stock Down 12.3 %

Shares of NYSE:TNET traded down $11.37 on Thursday, reaching $80.77. The company had a trading volume of 305,628 shares, compared to its average volume of 266,959. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 7.70. The firm has a market capitalization of $4.00 billion, a PE ratio of 15.57 and a beta of 1.21. TriNet Group has a 52-week low of $74.32 and a 52-week high of $134.67. The firm’s 50 day simple moving average is $91.91 and its 200-day simple moving average is $94.02.

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 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%. As a group, analysts expect that TriNet Group will post 4.14 earnings per share for the current fiscal year.

TriNet Group Announces Dividend

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

Analysts Set New Price Targets

A number of research firms have weighed in on TNET. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $103.00 price objective on shares of TriNet Group in a research note on Tuesday, October 22nd. Needham & Company LLC downgraded TriNet Group from a “buy” rating to a “hold” rating and set a $140.00 price target for the company. in a report on Monday, October 28th. Finally, TD Cowen raised their price objective on shares of TriNet Group from $92.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. 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 company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $117.00.

Insider Buying and Selling

In other news, CTO Jeffery Jon Hayward sold 2,345 shares of the business’s stock in a transaction dated 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. The trade was a 6.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 11,942 shares of company stock valued at $1,083,506 in the last three months. 37.10% of the stock is owned by corporate 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.