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

TriNet Group (NYSE:TNET - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 3.250-4.750 for the period, compared to the consensus earnings per share estimate of 4.000. The company issued revenue guidance of $5.0 billion-$5.1 billion, compared to the consensus revenue estimate of $1.1 billion.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on TNET. Needham & Company LLC reaffirmed a "hold" rating on shares of TriNet Group in a research report on Thursday, March 13th. JPMorgan Chase & Co. upped their price objective on shares of TriNet Group from $75.00 to $76.00 and gave the company an "underweight" rating in a report on Monday. Finally, TD Cowen downgraded shares of TriNet Group from a "buy" rating to a "hold" rating and dropped their target price for the stock from $104.00 to $74.00 in a research report on Tuesday, February 18th.

TriNet Group Stock Performance

Shares of TNET stock traded down $0.94 during trading hours on Wednesday, hitting $77.42. The company's stock had a trading volume of 91,155 shares, compared to its average volume of 382,557. The company has a 50 day moving average of $76.04 and a 200 day moving average of $85.60. The stock has a market cap of $3.75 billion, a PE ratio of 22.64 and a beta of 1.06. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 13.16. TriNet Group has a 12-month low of $65.43 and a 12-month high of $116.26.

TriNet Group (NYSE:TNET - Get Free Report) last released its quarterly earnings data on Friday, April 25th. The business services provider reported $1.99 EPS for the quarter, beating the consensus estimate of $1.67 by $0.32. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $319.36 million. TriNet Group had a net margin of 3.46% and a return on equity of 200.82%. During the same period in the prior year, the firm earned $2.18 EPS. On average, sell-side analysts forecast that TriNet Group will post 3.04 EPS for the current fiscal year.

TriNet Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 28th. Stockholders of record on Tuesday, April 1st were issued a $0.275 dividend. This is an increase from TriNet Group's previous quarterly dividend of $0.25. This represents a $1.10 annualized dividend and a dividend yield of 1.42%. The ex-dividend date was Tuesday, April 1st. TriNet Group's dividend payout ratio is 32.84%.

Insider Activity

In other news, Director Paul Edward Chamberlain sold 600 shares of TriNet Group stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $69.36, for a total value of $41,616.00. Following the sale, the director now owns 36,991 shares in the company, valued at $2,565,695.76. This trade represents a 1.60 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Jeffery Jon Hayward sold 1,364 shares of TriNet Group stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $69.36, for a total transaction of $94,607.04. Following the completion of the sale, the chief technology officer now owns 19,867 shares in the company, valued at approximately $1,377,975.12. This trade represents a 6.42 % decrease in their position. The disclosure for this sale can be found here. Insiders own 37.10% of the company's stock.

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.