Trinet Group (NYSE:TNET) Stock

Trinet Group

Trinet Group Inc outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.

Trinet Group Inc

<p>Needham  analyst Kyle Peterson   reiterates Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) from Hold to Hold.</p>


News

Reiteration

Analyst Ratings

TNET

Needham Reiterates Hold on Trinet Groupto Hold

<p><a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4377335-1&amp;h=2288953586&amp;u=https%3A%2F%2Fwww.trinet.com%2F&amp;a=TriNet">TriNet</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>),&nbsp;a leading provider of comprehensive human resources&nbsp;solutions&nbsp;for small and medium-size businesses (SMBs),&nbsp;today announced the completion of the sale of its wholly owned subsidiary, TriNet Clarus R+D to&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4377335-1&amp;h=3080269090&amp;u=https%3A%2F%2Farvotech.com%2F&amp;a=Arvo+Tech">Arvo Tech</a>, creator of the tax strategy solution for small businesses. Effective today, TriNet Clarus R+D's expert tax team, service model, and proprietary software for evaluating and preparing R&amp;D tax credits for SMB customers are now a part of Arvo Tech. Terms of the deal were not disclosed.</p>
<p>TriNet is divesting this business as part of its strategy to narrow its focus to high-value HR Solutions in the SMB market. Recognizing the dynamic nature of tax credits and the significant opportunities they present for SMBs, this move will allow the Clarus business to thrive within an organization dedicated to tax solutions, including managing a tax credit portfolio.&nbsp;</p>


TriNet Announces Sale Of Its Subsidiary Clarus R+D To Arvo Tech; Terms Of The Deal Were Not Disclosed

<h3>Gainers</h3>
<ul>
<li><strong>Dnow</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DNOW#NYSE">DNOW</a>) shares moved upwards by 25.7% to $17.77 during Thursday's pre-market session. The market value of their outstanding shares is at $1.8 billion. As per the press release, Q4 earnings came out today. </li>
<li><strong>Turbo Energy</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TURB#NASDAQ">TURB</a>) shares rose 16.51% to $2.54. The market value of their outstanding shares is at $27.9 million. </li>
<li><strong>Professional Diversity</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPDN#NASDAQ">IPDN</a>) shares moved upwards by 13.37% to $0.43. The market value of their outstanding shares is at $6.7 million. </li>
<li><strong>Eshallgo</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EHGO#NASDAQ">EHGO</a>) shares rose 11.8% to $1.21. The company's market cap stands at $30.7 million. </li>
<li><strong>ConnectM Technology</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNTM#NASDAQ">CNTM</a>) shares rose 9.17% to $1.07. The market value of their outstanding shares is at $31.1 million. </li>
<li><strong>FiscalNote Holdings</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOTE#NYSE">NOTE</a>) stock rose 8.58% to $2.02. The company's market cap stands at $292.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>GXO Logistics</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GXO#NYSE">GXO</a>) stock decreased by 18.1% to $35.02 during Thursday's pre-market session. The market value of their outstanding shares is at $4.1 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li><strong>Li Bang International</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBGJ#NASDAQ">LBGJ</a>) shares decreased by 16.67% to $1.75. The market value of their outstanding shares is at $32.8 million. </li>
<li><strong>GMS</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMS#NYSE">GMS</a>) stock fell 16.52% to $70.0. The market value of their outstanding shares is at $2.7 billion. </li>
<li><strong>Mynaric</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYNA#NASDAQ">MYNA</a>) shares decreased by 16.13% to $0.52. The market value of their outstanding shares is at $13.1 million. </li>
<li><strong>Trinet Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) shares fell 13.77% to $79.45. The company's market cap stands at $3.9 billion. The company's, Q4 earnings came out today. </li>
<li><strong>Antelope Ent Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHL#NASDAQ">AEHL</a>) stock declined by 13.11% to $0.13. The company's market cap stands at $4.2 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Movers

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TURB

12 Industrials Stocks Moving In Thursday's Pre-Market Session

WIIM

TriNet shares are trading lower after the company issued FY25 revenue and earnings guidance below estimates.

Guidance

TriNet Expects Medium-Term Total Revenues Growth Of 4% - 6%, Adjusted EPS Growth Of 12% - 14%

TriNet Expects FY25 Total Revenues Of $4.90B - $5.10B (Est $5.229B), Adj EPS Of $3.25 - $4.75 (Est $5.52)

<p>Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) reported quarterly earnings of $0.44 per share which beat the analyst consensus estimate of $0.25 by 76 percent. This is a 72.5 percent decrease over earnings of $1.60 per share from the same period last year. The company reported quarterly sales of $1.28 billion which beat the analyst consensus estimate of $1.25 billion by 2.11 percent.&nbsp;</p>


Earnings

Earnings Beats

Trinet Group Q4 2024 Adj EPS $0.44 Beats $0.25 Estimate, Sales $1.28B Beat $1.25B Estimate

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Earnings Scheduled For February 13, 2025

<p>5 analysts have shared their evaluations of Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>The 12-month price targets, analyzed by analysts, offer insights with an average target of $115.8, a high estimate of $140.00, and a low estimate of $92.00. This current average has decreased by 1.03% from the previous average price target of $117.00. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1732118483_0.png" alt="price target chart" /></p>
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
<p>An in-depth analysis of recent analyst actions unveils how financial experts perceive Trinet Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jared Levine</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Buy</td>
<td>$104.00</td>
<td>$92.00</td>
</tr>
<tr>
<td>Jared Levine</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$92.00</td>
<td>$110.00</td>
</tr>
<tr>
<td>Kyle Peterson</td>
<td>Needham</td>
<td>Maintains</td>
<td>Hold</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Maintains</td>
<td>Underweight</td>
<td>$103.00</td>
<td>$103.00</td>
</tr>
<tr>
<td>Kyle Peterson</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Trinet Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Trinet Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Trinet Group's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>To gain a panoramic view of Trinet Group's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TNET/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Trinet Group analyst ratings.</strong></a></p>
<h2>Discovering Trinet Group: A Closer Look</h2>
<p>TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&amp;D tax credit services.</p>
<h3>Trinet Group: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Perspectives:</strong> The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.</p>
<p><strong>Revenue Growth:</strong> Trinet Group's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately <strong>1.23%</strong>. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> Trinet Group's net margin excels beyond industry benchmarks, reaching <strong>3.64%</strong>. This signifies efficient cost management and strong financial health.</p>
<p><strong>Return on Equity (ROE):</strong> Trinet Group's ROE stands out, surpassing industry averages. With an impressive ROE of <strong>39.3%</strong>, the company demonstrates effective use of equity capital and strong financial performance.</p>
<p><strong>Return on Assets (ROA):</strong> Trinet Group's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>1.21%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> Trinet Group's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>8.63</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Scoreboard: 5 Ratings For Trinet Group

<p>TD Cowen  analyst Jared Levine   maintains Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) with a Buy and raises the price target from $92 to $104.</p>


Price Target

TD Cowen Maintains Buy on Trinet Group, Raises Price Target to $104

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<p>TD Cowen  analyst Jared Levine   maintains Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) with a Buy and lowers the price target from $110 to $92.</p>


TD Cowen Maintains Buy on Trinet Group, Lowers Price Target to $92

<p>Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.</p>
<ul>
<li>Morgan Stanley analyst Meta Marshall downgraded the rating for <strong>Ciena Corporation</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) from Overweight to Equal-Weight and maintained the price target of $63. Ciena shares closed at $64.12 on Friday. <a href="https://www.benzinga.com/quote/ciwn/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley analyst Joseph Moore downgraded <strong>GLOBALFOUNDRIES Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) from Overweight to Equal-Weight and slashed the price target from $53 to $43. GLOBALFOUNDRIES shares closed at $40.40 on Friday. <a href="https://www.benzinga.com/quote/GFFS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Janney Montgomery Scott analyst Feddie Strickland downgraded the rating for <strong>WSFS Financial Corporation</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSFS#NASDAQ">WSFS</a>) from Buy to Neutral. WSFS Financial shares closed at $49.10 on Friday. <a href="https://www.benzinga.com/quote/WSFS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Needham analyst Kyle Peterson downgraded <strong>TriNet Group, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) from Buy to Hold and maintained the price target of $140. Trinet shares closed at $80.31 on Friday. <a href="https://www.benzinga.com/quote/TNET/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel analyst Mark Astrachan downgraded the rating for <strong>Colgate-Palmolive Company</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>) from Buy to Hold and lowered the price target from $105 to $101. Colgate-Palmolive shares closed at $95.61 on Friday. <a href="https://www.benzinga.com/quote/CL/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
<p>Considering buying CL stock? Here&#8217;s what analysts think: </p>
<p><figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="538" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/28092552/image-276-1024x538.png" alt="" class="wp-image-617112" style="width:643px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/28092552/image-276-1024x538.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/28092552/image-276-300x158.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/28092552/image-276-768x404.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/28092552/image-276.png 1221w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure></p>
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Downgrades

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<p>Needham  analyst Kyle Peterson   downgrades Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) from Buy to Hold and maintains the price target from $140 to $140.</p>


Needham Downgrades Trinet Group to Hold, Maintains Price Target to $140

<h3>Gainers</h3>
<ul>
<li><strong>AgEagle Aerial Sys</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/UAVS#AMEX">UAVS</a>) stock increased by 26.7% to $2.18 during Friday's regular session. The company's market cap stands at $1.8 million. </li>
<li><strong>Nocera</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCRA#NASDAQ">NCRA</a>) stock increased by 21.78% to $1.23. The market value of their outstanding shares is at $16.7 million. </li>
<li><strong>Spirit Airlines</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) shares moved upwards by 20.66% to $2.92. The company's market cap stands at $319.8 million. </li>
<li><strong>Expion360</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XPON#NASDAQ">XPON</a>) shares rose 20.31% to $4.24. The market value of their outstanding shares is at $2.3 million. </li>
<li><strong>Safe &amp; Green Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) stock moved upwards by 15.11% to $1.21. The company's market cap stands at $2.4 million. </li>
<li><strong>Primega Group Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGHL#NASDAQ">PGHL</a>) shares rose 10.28% to $19.64. The market value of their outstanding shares is at $471.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>1847 Holdings</strong> (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#AMEX">EFSH</a>) shares fell 41.8% to $1.97 during Friday's regular session. The market value of their outstanding shares is at $1.3 million. </li>
<li><strong>Pixie Dust Technologies</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PXDT#NASDAQ">PXDT</a>) shares declined by 41.74% to $0.6. The company's market cap stands at $8.9 million. </li>
<li><strong>Zoomcar Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) shares decreased by 22.65% to $6.17. The market value of their outstanding shares is at $4.6 million. </li>
<li><strong>Trinet Group</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) stock decreased by 17.24% to $75.84. The company's market cap stands at $3.7 billion. As per the press release, Q3 earnings came out today. </li>
<li><strong>Jet AI</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares declined by 16.14% to $0.07. The market value of their outstanding shares is at $5.7 million. </li>
<li><strong>Click Holdings</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLIK#NASDAQ">CLIK</a>) stock declined by 15.43% to $1.7. The market value of their outstanding shares is at $25.3 million.<br />
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</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


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12 Industrials Stocks Moving In Friday's Intraday Session

Trinet Group shares are trading lower after the company reported worse-than-expected Q3 financial results.

Earnings Misses

Trinet Group Q3 2024 Adj. EPS $1.17 Misses $1.31 Estimate, Sales $1.237B Miss $1.242B Estimate

<p>Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.</p>
<p>Analysts are estimating that Trinet Group will report an <strong>earnings per share</strong> (EPS) of $1.31.</p>
<p>Investors in Trinet Group are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.</p>
<p>It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.</p>
<h3>Earnings History Snapshot</h3>
<p>The company's EPS beat by $0.25 in the last quarter, leading to a 0.0% drop in the share price on the following day.</p>
<p>Here's a look at Trinet Group's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>1.28</td>
<td>2.46</td>
<td>1.19</td>
<td>1.39</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>1.53</td>
<td>2.16</td>
<td>1.60</td>
<td>1.91</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>2.0%</td>
<td>-17.0%</td>
<td>8.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729778492_0.png" alt="eps graph" /></p>
<h3>Trinet Group Share Price Analysis</h3>
<p>Shares of Trinet Group were trading at $93.31 as of October 23. Over the last 52-week period, shares are down 10.92%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. </p>
<h3>Insights Shared by Analysts on Trinet Group</h3>
<p>For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Trinet Group.</p>
<p>A total of 4 analyst ratings have been received for Trinet Group, with the consensus rating being Buy. The average one-year price target stands at $121.5, suggesting a potential 30.21% upside.</p>
<h3>Comparing Ratings with Peers</h3>
<p>In this comparison, we explore the analyst ratings and average 1-year price targets of Alight, Insperity and ManpowerGroup, three prominent industry players, offering insights into their relative performance expectations and market positioning.</p>
<ul>
<li>The prevailing sentiment among analysts is an Buy trajectory for Alight, with an average 1-year price target of $9.4, implying a potential 89.93% downside.</li>
<li>For Insperity, analysts project an Underperform trajectory, with an average 1-year price target of $90.0, indicating a potential 3.55% downside.</li>
<li>ManpowerGroup is maintaining an Neutral status according to analysts, with an average 1-year price target of $72.0, indicating a potential 22.84% downside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
<p>In the peer analysis summary, key metrics for Alight, Insperity and ManpowerGroup are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Trinet Group</td>
<td>Buy</td>
<td>1.41%</td>
<td>$235M</td>
<td>49.38%</td>
</tr>
<tr>
<td>Alight</td>
<td>Buy</td>
<td>-4.10%</td>
<td>$167M</td>
<td>0.51%</td>
</tr>
<tr>
<td>Insperity</td>
<td>Underperform</td>
<td>1.26%</td>
<td>$260M</td>
<td>12.77%</td>
</tr>
<tr>
<td>ManpowerGroup</td>
<td>Neutral</td>
<td>0.21%</td>
<td>$785.90M</td>
<td>1.06%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>Trinet Group ranks highest in Gross Profit and Return on Equity among its peers. It is in the middle for Revenue Growth.</p>
<h3>Delving into Trinet Group's Background</h3>
<p>TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&amp;D tax credit services.</p>
<h3>Financial Milestones: Trinet Group's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> Trinet Group's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately <strong>1.41%</strong>. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector.</p>
<p><strong>Net Margin:</strong> Trinet Group's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>4.89%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> Trinet Group's ROE excels beyond industry benchmarks, reaching <strong>49.38%</strong>. This signifies robust financial management and efficient use of shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Trinet Group's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.56%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> Trinet Group's debt-to-equity ratio is notably higher than the industry average. With a ratio of <b>11.05</b>, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.</p>
<p><a href="https://www.benzinga.com/quote/TNET/earnings"><strong>To track all earnings releases for Trinet Group visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Outlook For Trinet Group

<p>Trinet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TNET#NYSE">TNET</a>) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Insights from analysts' 12-month price targets are revealed, presenting an average target of $121.5, a high estimate of $140.00, and a low estimate of $103.00. Observing a downward trend, the current average is 0.82% lower than the prior average price target of $122.50. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1729602008_0.png" alt="price target chart" /></p>
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
<p>In examining recent analyst actions, we gain insights into how financial experts perceive Trinet Group. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Maintains</td>
<td>Underweight</td>
<td>$103.00</td>
<td>$103.00</td>
</tr>
<tr>
<td>Kyle Peterson</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Tien-Tsin Huang</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$103.00</td>
<td>$107.00</td>
</tr>
<tr>
<td>Kyle Peterson</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$140.00</td>
<td>$140.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Trinet Group. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Trinet Group compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts gauge the dynamics of price targets, providing estimates for the future value of Trinet Group's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Trinet Group's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/TNET/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on Trinet Group analyst ratings.</strong></a></p>
<h2>All You Need to Know About Trinet Group</h2>
<p>TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&amp;D tax credit services.</p>
<h3>Financial Milestones: Trinet Group's Journey</h3>
<p><strong>Market Capitalization:</strong> With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.</p>
<p><strong>Revenue Growth:</strong> Trinet Group displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>1.41%</strong>. This indicates a notable increase in the company's top-line earnings. When compared to others in the Industrials sector, the company excelled with a growth rate higher than the average among peers.</p>
<p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>4.89%,</strong> the company showcases strong profitability and effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>49.38%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> Trinet Group's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>1.56%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of <strong>11.05</strong>, caution is advised due to increased financial risk.</p>
<h2>Analyst Ratings: Simplified</h2>
<p>Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. </p>
<p>Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.</p>
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<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Analyst Expectations For Trinet Group's Future

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