Seaport Res Ptn Predicts TKO Group’s Q4 Earnings (NYSE:TKO)

TKO Group Holdings, Inc. (NYSE:TKO) – Investment analysts at Seaport Res Ptn boosted their Q4 2024 EPS estimates for shares of TKO Group in a research note issued to investors on Tuesday, February 11th. Seaport Res Ptn analyst D. Joyce now expects that the company will earn $0.38 per share for the quarter, up from their previous estimate of $0.36. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for TKO Group’s current full-year earnings is $3.88 per share. Seaport Res Ptn also issued estimates for TKO Group’s Q1 2025 earnings at $0.84 EPS, Q2 2025 earnings at $1.40 EPS, Q3 2025 earnings at $0.83 EPS, Q4 2025 earnings at $0.79 EPS, FY2025 earnings at $3.83 EPS and FY2026 earnings at $5.46 EPS.

Several other brokerages also recently weighed in on TKO. TD Cowen upped their target price on shares of TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a report on Tuesday, October 29th. Citigroup upped their price objective on TKO Group from $137.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, December 17th. Roth Mkm lifted their target price on TKO Group from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Pivotal Research boosted their price target on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, The Goldman Sachs Group increased their price objective on shares of TKO Group from $142.00 to $165.00 and gave the company a “buy” rating in a report on Friday, January 24th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $148.08.

TKO Group Stock Performance

TKO opened at $176.82 on Thursday. The firm has a market cap of $30.20 billion, a P/E ratio of -421.00 and a beta of 1.06. TKO Group has a 1-year low of $78.69 and a 1-year high of $178.13. The company has a 50 day simple moving average of $148.39 and a two-hundred day simple moving average of $130.87. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17.

Insider Activity

In related news, CAO Shane Kapral sold 1,034 shares of TKO Group stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $141.94, for a total transaction of $146,765.96. Following the completion of the transaction, the chief accounting officer now directly owns 2,225 shares of the company’s stock, valued at approximately $315,816.50. The trade was a 31.73 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Patrick Whitesell acquired 156,446 shares of TKO Group stock in a transaction that occurred on Tuesday, February 11th. The stock was purchased at an average cost of $175.60 per share, for a total transaction of $27,471,917.60. Following the completion of the transaction, the insider now directly owns 2,461,668 shares in the company, valued at $432,268,900.80. This trade represents a 6.79 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 2,498,297 shares of company stock valued at $387,671,461 and have sold 71,457 shares valued at $10,153,456. Corporate insiders own 53.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of TKO Group by 1.7% during the 4th quarter. Vanguard Group Inc. now owns 6,681,087 shares of the company’s stock worth $949,449,000 after acquiring an additional 114,096 shares during the last quarter. Ninety One UK Ltd lifted its position in shares of TKO Group by 4.1% during the fourth quarter. Ninety One UK Ltd now owns 4,151,608 shares of the company’s stock worth $589,985,000 after purchasing an additional 163,980 shares during the last quarter. State Street Corp boosted its stake in shares of TKO Group by 10.4% during the third quarter. State Street Corp now owns 2,052,916 shares of the company’s stock valued at $253,966,000 after purchasing an additional 192,602 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of TKO Group by 2.8% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 1,752,496 shares of the company’s stock worth $249,047,000 after purchasing an additional 47,768 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of TKO Group by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,255,099 shares of the company’s stock worth $178,777,000 after purchasing an additional 13,181 shares during the last quarter. Institutional investors own 89.79% of the company’s stock.

About TKO Group

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.