TriNet Group (NYSE:TNET) Announces Earnings Results

TriNet Group (NYSE:TNET) announced its earnings results on Thursday. The business services provider reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02, Zacks reports. TriNet Group had a net margin of 5.29% and a return on equity of 248.94%. TriNet Group updated its FY 2025 guidance to 3.250-4.750 EPS.

TriNet Group Stock Down 14.7 %

TNET opened at $78.58 on Friday. The company has a debt-to-equity ratio of 7.70, a current ratio of 1.07 and a quick ratio of 1.07. TriNet Group has a 12 month low of $74.32 and a 12 month high of $134.67. The stock has a market capitalization of $3.90 billion, a P/E ratio of 15.14 and a beta of 1.21. The business has a 50 day simple moving average of $91.91 and a 200-day simple moving average of $94.02.

TriNet Group Dividend Announcement

The firm 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 1.27%. The ex-dividend date of this dividend was Thursday, January 2nd. TriNet Group’s payout ratio is 19.27%.

Analysts Set New Price Targets

TNET has been the subject of several analyst reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $103.00 price objective on shares of TriNet Group in a research note on Tuesday, October 22nd. TD Cowen upped their price target on TriNet Group from $92.00 to $104.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of TriNet Group in a research report on Friday. One 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. Based on data from MarketBeat, TriNet Group currently has an average rating of “Hold” and a consensus price target of $117.00.

Insider Buying and Selling

In related news, CTO Jeffery Jon Hayward sold 2,345 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $93.03, for a total transaction of $218,155.35. Following the sale, the chief technology officer now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 11,942 shares of company stock valued at $1,083,506 over the last quarter. 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.