Q4 Earnings Forecast for TKO Group Issued By Seaport Res Ptn

TKO Group Holdings, Inc. (NYSE:TKO - Free Report) - Investment analysts at Seaport Res Ptn boosted their Q4 2024 earnings per share estimates for TKO Group in a research note issued on Tuesday, February 11th. Seaport Res Ptn analyst D. Joyce now anticipates 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.

TKO has been the topic of several other reports. Pivotal Research raised their target price on shares of TKO Group from $145.00 to $165.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th. Citigroup boosted their target price on shares of TKO Group from $137.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, December 17th. Benchmark downgraded shares of TKO Group from a "buy" rating to a "hold" rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of TKO Group from $137.00 to $158.00 and gave the company an "overweight" rating in a research report on Thursday, December 12th. Finally, TD Cowen lifted their target price on TKO Group from $140.00 to $143.00 and gave the stock a "buy" rating in a research report on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $148.08.

TKO Group Trading Up 0.6 %

TKO traded up $1.11 during midday trading on Thursday, hitting $175.60. The company's stock had a trading volume of 1,453,471 shares, compared to its average volume of 798,429. TKO Group has a 52-week low of $78.69 and a 52-week high of $179.09. The firm has a 50-day moving average price of $149.62 and a two-hundred day moving average price of $131.96. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.34. The firm has a market cap of $29.99 billion, a P/E ratio of -418.09 and a beta of 1.06.

Insider Activity at TKO Group

In other TKO Group news, CEO Ariel Emanuel purchased 60,208 shares of TKO Group stock in a transaction dated Thursday, December 12th. The shares were bought at an average cost of $143.73 per share, for a total transaction of $8,653,695.84. Following the transaction, the chief executive officer now owns 1,734,530 shares in the company, valued at $249,303,996.90. This represents a 3.60 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 $315,816.50. This trade represents a 31.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, 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.

Institutional Investors Weigh In On TKO Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC bought a new position in shares of TKO Group during the second quarter valued at approximately $232,000. Truist Financial Corp boosted its position in TKO Group by 4.9% during the 2nd quarter. Truist Financial Corp now owns 5,278 shares of the company's stock valued at $570,000 after purchasing an additional 248 shares during the period. Sanctuary Advisors LLC bought a new position in TKO Group during the 2nd quarter worth $524,000. CWM LLC increased its position in TKO Group by 92.3% in the third quarter. CWM LLC now owns 646 shares of the company's stock worth $80,000 after buying an additional 310 shares during the period. Finally, Sumitomo Life Insurance Co. lifted its stake in TKO Group by 2.7% in the third quarter. Sumitomo Life Insurance Co. now owns 9,351 shares of the company's stock valued at $1,157,000 after buying an additional 250 shares during the last quarter. Institutional investors and hedge funds 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.