Q4 2024 EPS Estimates for TKO Group Holdings, Inc. (NYSE:TKO) Increased by Seaport Res Ptn

TKO Group Holdings, Inc. (NYSE:TKO) – Stock analysts at Seaport Res Ptn boosted their Q4 2024 EPS estimates for TKO Group in a research note issued on Wednesday, October 9th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings per share of $0.36 for the quarter, up from their previous forecast of $0.30. The consensus estimate for TKO Group’s current full-year earnings is $4.17 per share. Seaport Res Ptn also issued estimates for TKO Group’s Q3 2025 earnings at $0.85 EPS, Q4 2025 earnings at $0.66 EPS and FY2025 earnings at $3.61 EPS.

Several other brokerages have also recently weighed in on TKO. Guggenheim boosted their price target on shares of TKO Group from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. UBS Group lifted their price objective on shares of TKO Group from $115.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, August 9th. The Goldman Sachs Group lifted their price objective on shares of TKO Group from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. Roth Mkm increased their price objective on shares of TKO Group from $121.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Finally, Pivotal Research began coverage on TKO Group in a research report on Friday, September 13th. They set a “buy” rating and a $170.00 target price for the company. Two research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, TKO Group currently has an average rating of “Moderate Buy” and an average target price of $130.93.

TKO Group Trading Down 1.0 %

Shares of TKO opened at $126.24 on Monday. The company’s fifty day moving average is $119.77 and its 200 day moving average is $109.19. TKO Group has a fifty-two week low of $72.33 and a fifty-two week high of $128.31. The stock has a market capitalization of $21.54 billion, a PE ratio of -131.50 and a beta of 1.04. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.99 and a current ratio of 0.99.

TKO Group (NYSE:TKO) last announced its quarterly earnings results on Thursday, August 8th. The company reported $0.72 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.10). TKO Group had a positive return on equity of 3.10% and a negative net margin of 3.14%. The business had revenue of $851.20 million during the quarter, compared to the consensus estimate of $771.54 million. During the same quarter in the prior year, the firm posted $0.91 EPS. The company’s revenue for the quarter was up 178.9% on a year-over-year basis.

Institutional Investors Weigh In On TKO Group

A number of institutional investors and hedge funds have recently modified their holdings of the company. Stablepoint Partners LLC purchased a new position in TKO Group during the 3rd quarter worth approximately $232,000. Compagnie Lombard Odier SCmA boosted its holdings in TKO Group by 7.6% in the third quarter. Compagnie Lombard Odier SCmA now owns 16,440 shares of the company’s stock valued at $2,034,000 after purchasing an additional 1,160 shares during the last quarter. Annex Advisory Services LLC grew its holdings in TKO Group by 14.1% during the third quarter. Annex Advisory Services LLC now owns 234,398 shares of the company’s stock worth $28,997,000 after acquiring an additional 28,929 shares during the period. CWM LLC increased its holdings in shares of TKO Group by 92.3% during the 3rd quarter. CWM LLC now owns 646 shares of the company’s stock valued at $80,000 after purchasing an additional 310 shares in the last quarter. Finally, Barlow Wealth Partners Inc. increased its holdings in TKO Group by 1.8% in the third quarter. Barlow Wealth Partners Inc. now owns 119,179 shares of the company’s stock valued at $15,032,000 after buying an additional 2,078 shares in the last quarter. Institutional investors and hedge funds own 89.79% of the company’s stock.

Insider Activity at TKO Group

In related news, insider Mark S. Shapiro sold 31,026 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $114.76, for a total value of $3,560,543.76. Following the completion of the transaction, the insider now owns 42,156 shares of the company’s stock, valued at $4,837,822.56. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other TKO Group news, insider Mark S. Shapiro sold 31,026 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $114.76, for a total value of $3,560,543.76. Following the completion of the sale, the insider now directly owns 42,156 shares in the company, valued at approximately $4,837,822.56. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Nick Khan sold 22,693 shares of the business’s stock in a transaction that occurred on Monday, July 22nd. The stock was sold at an average price of $105.53, for a total transaction of $2,394,792.29. Following the sale, the director now directly owns 220,018 shares in the company, valued at approximately $23,218,499.54. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 53.80% of the stock is owned by company insiders.

TKO Group Company Profile

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.