TKO Group Holdings, Inc. (NYSE:TKO) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of TKO Group Holdings, Inc. (NYSE:TKO) have earned a consensus rating of “Moderate Buy” from the twenty analysts that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and fourteen have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $227.7333.

Several equities analysts have weighed in on TKO shares. Arete Research upgraded TKO Group to a “hold” rating in a research note on Wednesday, October 15th. TD Cowen restated a “buy” rating on shares of TKO Group in a research note on Monday, December 8th. Wolfe Research reaffirmed an “outperform” rating and issued a $227.00 price objective on shares of TKO Group in a report on Monday, December 15th. Seaport Research Partners upgraded shares of TKO Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of TKO Group in a research report on Monday, December 29th.

TKO Group Stock Up 0.6%

Shares of NYSE:TKO opened at $207.85 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.46 and a current ratio of 1.46. TKO Group has a 52-week low of $133.07 and a 52-week high of $218.11. The business’s 50 day simple moving average is $205.19 and its two-hundred day simple moving average is $192.91. The firm has a market cap of $40.55 billion, a P/E ratio of 79.64 and a beta of 0.65.

TKO Group (NYSE:TKO) last issued its earnings results on Wednesday, November 5th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.11). TKO Group had a return on equity of 2.57% and a net margin of 5.27%.The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the business earned $0.28 earnings per share. TKO Group’s revenue for the quarter was down 27.3% on a year-over-year basis. As a group, research analysts forecast that TKO Group will post 3.88 EPS for the current fiscal year.

TKO Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were paid a dividend of $0.78 per share. This represents a $3.12 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, December 15th. This is a positive change from TKO Group’s previous quarterly dividend of $0.76. TKO Group’s dividend payout ratio is presently 119.54%.

Insider Buying and Selling

In other TKO Group news, CFO Andrew M. Schleimer sold 11,978 shares of TKO Group stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $201.98, for a total transaction of $2,419,316.44. Following the completion of the transaction, the chief financial officer owned 27,544 shares of the company’s stock, valued at $5,563,337.12. The trade was a 30.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Nick Khan sold 37,425 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $204.01, for a total transaction of $7,635,074.25. Following the completion of the transaction, the director owned 122,868 shares of the company’s stock, valued at $25,066,300.68. This trade represents a 23.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 167,862 shares of company stock worth $34,020,148 in the last 90 days. 61.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TKO. Massachusetts Financial Services Co. MA boosted its stake in TKO Group by 54.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,185,769 shares of the company’s stock valued at $665,826,000 after buying an additional 1,128,749 shares during the period. State Street Corp raised its holdings in shares of TKO Group by 20.3% in the 3rd quarter. State Street Corp now owns 5,249,091 shares of the company’s stock valued at $1,060,106,000 after acquiring an additional 887,401 shares in the last quarter. Norges Bank bought a new stake in shares of TKO Group during the 2nd quarter valued at about $132,441,000. Alliancebernstein L.P. grew its holdings in shares of TKO Group by 551.8% during the second quarter. Alliancebernstein L.P. now owns 494,964 shares of the company’s stock worth $90,059,000 after purchasing an additional 419,021 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of TKO Group by 26.9% during the second quarter. Invesco Ltd. now owns 1,806,377 shares of the company’s stock worth $328,670,000 after purchasing an additional 383,325 shares in the last quarter. Institutional investors own 89.79% of the company’s stock.

About TKO Group

TKO Group Holdings (NYSE: TKO) is a global sports and entertainment company formed in 2023 through the combination of two major combat-sports businesses. The company brings together the mixed martial arts organization UFC and the sports entertainment business WWE under a single publicly traded holding company. TKO owns and manages a portfolio of live-event franchises, intellectual property, and media rights centered on combat and sports-entertainment content.

TKO’s core activities include the promotion and production of live events, the licensing and sale of broadcasting and streaming rights, and the development and commercialization of branded consumer products.