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

TriNet Group (NYSE:TNET - Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 3.250-4.750 for the period, compared to the consensus EPS 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.

TriNet Group Trading Up 2.8 %

NYSE:TNET traded up $2.20 during mid-day trading on Monday, reaching $79.49. 553,782 shares of the company's stock traded hands, compared to its average volume of 383,736. The firm has a market capitalization of $3.85 billion, a price-to-earnings ratio of 23.24 and a beta of 1.06. TriNet Group has a 12-month low of $65.43 and a 12-month high of $116.26. The company has a 50 day moving average price of $75.73 and a 200-day moving average price of $85.77. The company has a debt-to-equity ratio of 13.16, a current ratio of 1.07 and a quick ratio of 1.07.

TriNet Group (NYSE:TNET - Get Free Report) last posted its earnings results on Friday, April 25th. The business services provider reported $1.99 EPS for the quarter, topping the consensus estimate of $1.67 by $0.32. TriNet Group had a net margin of 3.46% and a return on equity of 200.82%. The firm had revenue of $1.29 billion during the quarter, compared to analysts' expectations of $319.36 million. During the same period last year, the company posted $2.18 EPS. On average, sell-side analysts predict that TriNet Group will post 3.04 earnings per share for the current year.

TriNet Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 28th. Shareholders of record on Tuesday, April 1st will be issued a $0.275 dividend. This is an increase from TriNet Group's previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, April 1st. This represents a $1.10 dividend on an annualized basis and a yield of 1.38%. TriNet Group's dividend payout ratio is 32.84%.

Analyst Upgrades and Downgrades

Several research firms recently commented on TNET. Needham & Company LLC reissued a "hold" rating on shares of TriNet Group in a research note on Thursday, March 13th. JPMorgan Chase & Co. lifted their price objective on TriNet Group from $75.00 to $76.00 and gave the company an "underweight" rating in a research note on Monday. Finally, TD Cowen downgraded shares of TriNet Group from a "buy" rating to a "hold" rating and lowered their price objective for the company from $104.00 to $74.00 in a research report on Tuesday, February 18th.

Insider Buying and Selling at TriNet Group

In related news, CTO Jeffery Jon Hayward sold 1,364 shares of TriNet Group stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $69.36, for a total value of $94,607.04. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Paul Edward Chamberlain sold 600 shares of the company's stock in a transaction that occurred on 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 approximately $2,565,695.76. This trade represents a 1.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.