TriNet Group (NYSE:TNET) Announces Earnings Results, Beats Expectations By $0.02 EPS

TriNet Group (NYSE:TNET) posted its quarterly earnings data 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 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 Price Performance

Shares of NYSE TNET traded down $1.14 during mid-day trading on Friday, reaching $77.35. The company’s stock had a trading volume of 666,946 shares, compared to its average volume of 231,172. The firm has a market capitalization of $3.84 billion, a PE ratio of 14.90 and a beta of 1.21. The company has a debt-to-equity ratio of 7.70, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a fifty day moving average of $91.60 and a two-hundred day moving average of $93.91. TriNet Group has a 52 week low of $74.32 and a 52 week high of $134.67.

TriNet Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Stockholders of record on Thursday, January 2nd were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, January 2nd. TriNet Group’s dividend payout ratio (DPR) is 19.27%.

Insider Transactions at TriNet Group

In other news, CTO Jeffery Jon Hayward sold 2,345 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $93.03, for a total value of $218,155.35. Following the completion of the transaction, the chief technology officer now owns 34,606 shares of the company’s stock, valued at $3,219,396.18. This represents a 6.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold a total of 11,942 shares of company stock valued at $1,083,506 over the last 90 days. Company insiders own 37.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on TNET shares. TD Cowen boosted their price target on TriNet Group from $92.00 to $104.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Needham & Company LLC reissued a “hold” rating on shares of TriNet Group in a report on Friday. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a $103.00 price target on shares of TriNet Group in a 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. According to MarketBeat, TriNet Group has an average rating of “Hold” and a consensus 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.