Roth Capital Research Analysts Lower Earnings Estimates for TKO Group Holdings, Inc. (NYSE:TKO)

TKO Group Holdings, Inc. (NYSE:TKO) – Stock analysts at Roth Capital reduced their Q4 2024 earnings per share (EPS) estimates for shares of TKO Group in a report issued on Wednesday, October 16th. Roth Capital analyst E. Handler now forecasts that the company will post earnings per share of $0.34 for the quarter, down from their prior forecast of $0.36. The consensus estimate for TKO Group’s current full-year earnings is $4.17 per share. Roth Capital also issued estimates for TKO Group’s Q4 2025 earnings at $0.58 EPS.

A number of other equities analysts have also weighed in on the stock. Roth Mkm boosted their price objective on shares of TKO Group from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday. Guggenheim upped their price target on TKO Group from $135.00 to $140.00 and gave the company a “buy” rating in a report on Monday, September 30th. Morgan Stanley lifted their price objective on TKO Group from $115.00 to $118.00 and gave the stock an “equal weight” rating in a report on Friday, August 9th. Redburn Atlantic assumed coverage on shares of TKO Group in a report on Thursday, July 18th. They issued a “buy” rating and a $129.00 target price on the stock. Finally, Pivotal Research assumed coverage on TKO Group in a research note on Friday, September 13th. They issued a “buy” rating and a $170.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $132.21.

TKO Group Stock Up 1.9 %

Shares of TKO Group stock opened at $127.74 on Thursday. The company has a 50-day simple moving average of $120.46 and a two-hundred day simple moving average of $109.59. TKO Group has a 52-week low of $72.33 and a 52-week high of $128.31. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market capitalization of $21.80 billion, a PE ratio of -133.06 and a beta of 1.04.

TKO Group (NYSE:TKO) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.72 earnings per share (EPS) 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 company had revenue of $851.20 million during the quarter, compared to analysts’ expectations of $771.54 million. During the same period in the prior year, the firm earned $0.91 EPS. TKO Group’s revenue for the quarter was up 178.9% compared to the same quarter last year.

Insider Buying and Selling

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

Institutional Investors Weigh In On TKO Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MFA Wealth Advisors LLC bought a new position in shares of TKO Group during the 2nd quarter valued at approximately $36,000. Quarry LP purchased a new position in TKO Group during the second quarter worth $51,000. GAMMA Investing LLC boosted its stake in TKO Group by 388.6% during the second quarter. GAMMA Investing LLC now owns 513 shares of the company’s stock worth $55,000 after buying an additional 408 shares during the period. CWM LLC increased its position in TKO Group by 92.3% during the third quarter. CWM LLC now owns 646 shares of the company’s stock valued at $80,000 after acquiring an additional 310 shares during the last quarter. Finally, Quent Capital LLC raised its stake in shares of TKO Group by 17.4% in the third quarter. Quent Capital LLC now owns 680 shares of the company’s stock valued at $84,000 after acquiring an additional 101 shares during the period. 89.79% of the stock is currently owned by hedge funds and other institutional investors.

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.