TKO Group Holdings, Inc. (NYSE:TKO) Given Consensus Rating of “Moderate Buy” by Analysts

TKO Group Holdings, Inc. (NYSE:TKO) has been given a consensus recommendation of “Moderate Buy” by the eighteen analysts that are currently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $233.7333.

TKO has been the subject of a number of recent research reports. UBS Group lifted their price objective on shares of TKO Group from $235.00 to $238.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Pivotal Research lifted their price objective on shares of TKO Group from $235.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Zacks Research raised shares of TKO Group from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Wolfe Research reissued a “peer perform” rating on shares of TKO Group in a research note on Thursday, March 5th. Finally, Weiss Ratings raised shares of TKO Group from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th.

Insiders Place Their Bets

In other TKO Group news, insider Mark S. Shapiro acquired 10,807 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was acquired at an average cost of $185.05 per share, with a total value of $1,999,835.35. Following the purchase, the insider directly owned 129,207 shares of the company’s stock, valued at approximately $23,909,755.35. This represents a 9.13% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Shane Kapral sold 616 shares of TKO Group stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $221.91, for a total transaction of $136,696.56. Following the completion of the transaction, the chief financial officer directly owned 353 shares of the company’s stock, valued at $78,334.23. The trade was a 63.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders bought 24,308 shares of company stock worth $4,499,679 and sold 30,656 shares worth $6,201,927. Corporate insiders own 61.30% of the company’s stock.

Hedge Funds Weigh In On TKO Group

A number of large investors have recently made changes to their positions in TKO. Elyxium Wealth LLC purchased a new position in shares of TKO Group during the 4th quarter worth about $27,000. Cornerstone Planning Group LLC boosted its stake in shares of TKO Group by 543.5% during the 1st quarter. Cornerstone Planning Group LLC now owns 148 shares of the company’s stock worth $28,000 after purchasing an additional 125 shares during the period. Torren Management LLC purchased a new position in shares of TKO Group during the 4th quarter worth about $32,000. CYBER HORNET ETFs LLC purchased a new position in shares of TKO Group during the 2nd quarter worth about $34,000. Finally, Aventura Private Wealth LLC purchased a new position in shares of TKO Group during the 4th quarter worth about $35,000. 89.79% of the stock is owned by hedge funds and other institutional investors.

TKO Group Stock Performance

TKO opened at $189.88 on Friday. The stock has a market capitalization of $36.86 billion, a price-to-earnings ratio of 70.85 and a beta of 0.57. The company has a fifty day moving average of $193.36 and a 200 day moving average of $198.61. TKO Group has a fifty-two week low of $152.29 and a fifty-two week high of $226.94. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.34 and a current ratio of 1.34.

TKO Group (NYSE:TKO) last posted its earnings results on Wednesday, May 6th. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.01. The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. TKO Group had a net margin of 4.47% and a return on equity of 2.49%. TKO Group’s quarterly revenue was up 25.9% on a year-over-year basis. During the same period last year, the company posted $0.69 earnings per share. As a group, sell-side analysts forecast that TKO Group will post 5 earnings per share for the current fiscal year.

TKO Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 16th. TKO Group’s dividend payout ratio (DPR) is presently 116.42%.

About TKO Group

TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.

TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.