TKO Group (NYSE:TKO) Posts Quarterly Earnings Results, Beats Estimates By $0.19 EPS

TKO Group (NYSE:TKO) announced its quarterly earnings results on Wednesday. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates 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 Price Performance

Shares of TKO stock traded up $3.95 during trading on Wednesday, hitting $159.97. The company had a trading volume of 1,152,237 shares, compared to its average volume of 1,114,490. The firm has a market capitalization of $27.32 billion, a P/E ratio of -380.88 and a beta of 1.06. TKO Group has a one year low of $78.69 and a one year high of $179.09. 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 stock’s 50-day moving average price is $152.65 and its 200 day moving average price is $134.60.

Insider Buying and Selling at TKO Group

In related news, major shareholder Patrick Whitesell bought 156,446 shares of the business’s stock in a transaction on Tuesday, February 11th. The shares were purchased at an average price 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 of the company’s stock, valued at approximately $432,268,900.80. This represents a 6.79 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Andrew M. Schleimer sold 5,419 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 value of $769,172.86. Following the sale, the chief financial officer now directly owns 6,995 shares in the company, valued at $992,870.30. The trade was a 43.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 2,498,297 shares of company stock valued at $387,671,461 and have sold 71,457 shares valued at $10,153,456. Insiders own 53.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TKO. 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 research note on Friday, January 24th. UBS Group raised their target price on shares of TKO Group from $135.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. JPMorgan Chase & Co. increased their target price on shares of TKO Group from $137.00 to $158.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Morgan Stanley boosted their price objective on TKO Group from $128.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Monday. Finally, Seaport Res Ptn cut shares of TKO Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $151.58.

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.