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.

Analysts Set New Price Targets

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

TriNet Group Price Performance

Shares of NYSE:TNET opened at $77.35 on Friday. The company has a market cap of $3.84 billion, a P/E ratio of 14.90 and a beta of 1.21. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 7.70. TriNet Group has a 52 week low of $74.32 and a 52 week high of $134.67. The business has a fifty day simple moving average of $91.60 and a 200-day simple moving average of $93.91.

TriNet Group (NYSE:TNET) last announced its quarterly earnings data 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%. Equities research analysts forecast that TriNet Group will post 4.14 EPS for the current year.

TriNet Group Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Thursday, January 2nd. TriNet Group’s payout ratio is currently 19.27%.

Insider Activity at TriNet Group

In related news, CTO Jeffery Jon Hayward sold 7,784 shares of TriNet Group stock in a transaction on Monday, January 13th. The stock was sold at an average price of $89.57, for a total value of $697,212.88. Following the transaction, the chief technology officer now owns 21,769 shares in the company, valued at approximately $1,949,849.33. This trade represents a 26.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders have sold 11,942 shares of company stock worth $1,083,506. 37.10% of the stock is 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.