TKO Group (NYSE:TKO) Releases Earnings Results, Beats Expectations By $0.19 EPS

TKO Group (NYSE:TKO) announced its quarterly earnings data on Wednesday. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.16 by $0.19, Zacks reports. TKO Group had a negative net margin of 1.26% and a positive return on equity of 3.39%. TKO Group updated its FY 2025 guidance to EPS.

TKO Group Stock Performance

NYSE TKO traded up $3.95 during mid-day trading on Wednesday, reaching $159.97. 1,152,234 shares of the stock were exchanged, compared to its average volume of 1,114,490. The company has a market capitalization of $27.32 billion, a P/E ratio of -380.88 and a beta of 1.06. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.17 and a current ratio of 1.17. The business’s 50 day moving average is $152.65 and its 200-day moving average is $134.60. TKO Group has a 1 year low of $78.69 and a 1 year high of $179.09.

Insider Buying and Selling at TKO Group

In other TKO Group news, major shareholder Patrick Whitesell bought 245,887 shares of TKO Group stock in a transaction dated Friday, December 13th. The stock was acquired at an average cost of $142.45 per share, with a total value of $35,026,603.15. Following the purchase, the insider now directly owns 1,825,030 shares in the company, valued at $259,975,523.50. This represents a 15.57 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Mark S. Shapiro sold 31,666 shares of the business’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $141.94, for a total transaction of $4,494,672.04. Following the completion of the sale, the insider now directly owns 73,677 shares of the company’s stock, valued at approximately $10,457,713.38. The trade was a 30.06 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders bought 2,498,297 shares of company stock valued at $387,671,461 and sold 71,457 shares valued at $10,153,456. 53.80% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on TKO. The Goldman Sachs Group raised their price target on shares of TKO Group from $142.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Pivotal Research lifted their price target on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Morgan Stanley increased their price objective on TKO Group from $128.00 to $160.00 and gave the company an “equal weight” rating in a report on Monday. JPMorgan Chase & Co. lifted their target price on TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 12th. Finally, TD Cowen increased their price target 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. Three research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $151.58.

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.