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

TriNet Group (NYSE:TNET) released its quarterly earnings results on Thursday. The business services provider reported $0.27 earnings per share for the quarter, beating the consensus estimate 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 Stock Down 1.4 %

Shares of TNET stock traded down $1.14 during mid-day trading on Friday, hitting $77.35. The company’s stock had a trading volume of 666,946 shares, compared to its average volume of 231,172. TriNet Group has a 52-week low of $74.32 and a 52-week high of $134.67. The business has a 50-day moving average price of $91.60 and a 200 day moving average price of $93.91. The company has a debt-to-equity ratio of 7.70, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a market cap of $3.84 billion, a price-to-earnings ratio of 14.90 and a beta of 1.21.

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 paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend was Thursday, January 2nd. TriNet Group’s dividend payout ratio is currently 19.27%.

Insider Transactions at TriNet Group

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

Analyst Upgrades and Downgrades

TNET has been the subject of a number of recent research reports. Needham & Company LLC reiterated a “hold” rating on shares of TriNet Group in a research note on Friday. TD Cowen lifted their price objective on TriNet Group from $92.00 to $104.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and set a $103.00 price objective on shares of TriNet Group in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target 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.