TriNet Group (NYSE:TNET) Releases Earnings Results, Beats Estimates By $0.02 EPS

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

TriNet Group Trading Down 14.7 %

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

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 given a dividend of $0.25 per share. The ex-dividend date was Thursday, January 2nd. This represents a $1.00 annualized dividend and a dividend yield of 1.27%. TriNet Group’s dividend payout ratio is presently 19.27%.

Insiders Place Their Bets

In other TriNet Group news, CTO Jeffery Jon Hayward sold 7,784 shares of the stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $89.57, for a total value of $697,212.88. Following the sale, the chief technology officer now owns 21,769 shares of the company’s stock, valued at $1,949,849.33. This trade represents a 26.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 11,942 shares of company stock worth $1,083,506 in the last ninety days. 37.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TNET. TD Cowen increased their target price 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. Needham & Company LLC reaffirmed a “hold” rating on shares of TriNet Group in a research report on Friday. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and issued a $103.00 target price on shares of TriNet Group in a research report on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $117.00.

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.