TKO Group Holdings, Inc. (NYSE:TKO) Stock Now Rated “Moderate Buy” by Wall Street Analysts

TKO Group Holdings, Inc. (NYSE:TKO) has been assigned a consensus rating of “Moderate Buy” from the nineteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $229.29.

TKO has been the topic of a number of research reports. Morgan Stanley increased their price target on TKO Group from $225.00 to $230.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Arete Research raised TKO Group from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a report on Tuesday, October 20th. Citigroup restated a “market outperform” rating on shares of TKO Group in a research report on Tuesday, October 27th. BTIG Research restated a “buy” rating and set a $237.00 price objective on shares of TKO Group in a research report on Wednesday, October 21st. Finally, Robert W. Baird lowered their price objective on TKO Group from $275.00 to $250.00 and set an “outperform” rating for the company in a research note on Tuesday, August 18th.

TKO Group Stock Performance

TKO traded up $1.27 on Friday, hitting $195.35. 782,305 shares of the company’s stock were exchanged, compared to its average volume of 1,189,226. The firm has a market cap of $36.97 billion, a PE ratio of 52.66 and a beta of 0.66. TKO Group has a twelve month low of $170.14 and a twelve month high of $226.94. The stock has a fifty day moving average of $183.79 and a two-hundred day moving average of $192.97. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.58.

TKO Group (NYSE:TKO) last issued its earnings results on Wednesday, November 4th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.13. TKO Group had a net margin of 5.19% and a return on equity of 3.35%. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter last year, the company posted $0.47 earnings per share. TKO Group’s revenue was up 21.4% on a year-over-year basis. On average, research analysts anticipate that TKO Group will post 7.04 earnings per share for the current fiscal year.

TKO Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Tuesday, September 15th. TKO Group’s dividend payout ratio (DPR) is presently 85.18%.

Insider Activity

In other news, Director Nick Khan sold 9,589 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $194.77, for a total transaction of $1,867,649.53. Following the completion of the transaction, the director owned 29,751 shares of the company’s stock, valued at approximately $5,794,602.27. The trade was a 24.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Ariel Emanuel sold 24,702 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $194.39, for a total transaction of $4,801,821.78. Following the transaction, the chief executive officer owned 174,334 shares of the company’s stock, valued at $33,888,786.26. This represents a 12.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 87,736 shares of company stock worth $16,907,349. 64.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TKO. Asset Management One Co. Ltd. boosted its position in TKO Group by 2.5% during the 3rd quarter. Asset Management One Co. Ltd. now owns 2,665 shares of the company’s stock worth $479,000 after acquiring an additional 64 shares during the period. Allworth Financial LP grew its stake in TKO Group by 12.2% during the 2nd quarter. Allworth Financial LP now owns 615 shares of the company’s stock valued at $124,000 after acquiring an additional 67 shares in the last quarter. Westpac Banking Corp increased its holdings in shares of TKO Group by 17.4% in the 3rd quarter. Westpac Banking Corp now owns 458 shares of the company’s stock valued at $82,000 after purchasing an additional 68 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of TKO Group by 4.0% in the 1st quarter. Wealthfront Advisers LLC now owns 2,324 shares of the company’s stock valued at $469,000 after purchasing an additional 89 shares during the period. Finally, Cornerstone Planning Group LLC increased its holdings in shares of TKO Group by 543.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 148 shares of the company’s stock valued at $28,000 after purchasing an additional 125 shares during the period. 89.79% of the stock is owned by institutional investors and hedge funds.

About TKO Group

TKO Group Holdings, Inc. is a global sports and entertainment company whose principal properties are UFC, the mixed martial arts organization, and WWE, the professional wrestling and sports entertainment company. TKO was formed in 2023 when Endeavor combined UFC and WWE under a single publicly traded company. The company generates business through live events and ticket sales, media and streaming rights, sponsorships, licensing, and consumer products. UFC and WWE produce programming and events for audiences worldwide, alongside related digital content and merchandise.