Q4 Earnings Estimate for TKO Group Issued By Seaport Res Ptn

TKO Group Holdings, Inc. (NYSE:TKO) – Equities research analysts at Seaport Res Ptn lifted their Q4 2024 earnings per share (EPS) estimates for shares of TKO Group in a report issued on Tuesday, February 11th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings per share of $0.38 for the quarter, up from their prior forecast of $0.36. Seaport Res Ptn currently 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.

A number of other research analysts have also recently issued reports on TKO. UBS Group lifted their price objective on TKO Group from $135.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. TD Cowen lifted their price objective on TKO Group from $140.00 to $143.00 and gave the company a “buy” rating in a research note on Tuesday, October 29th. Benchmark cut TKO Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. lifted their price objective on TKO Group from $137.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Finally, Citigroup lifted their target price on TKO Group from $137.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, December 17th. Three equities 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 currently has an average rating of “Moderate Buy” and an average target price of $148.08.

TKO Group Trading Down 1.2 %

TKO opened at $174.49 on Thursday. The stock has a market cap of $29.80 billion, a PE ratio of -415.45 and a beta of 1.06. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.34. The business has a 50 day moving average of $148.99 and a 200-day moving average of $131.18. TKO Group has a 52 week low of $78.69 and a 52 week high of $179.09.

Hedge Funds Weigh In On TKO Group

Large investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC lifted its position in shares of TKO Group by 559.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 178 shares of the company’s stock valued at $26,000 after acquiring an additional 151 shares in the last quarter. Blue Trust Inc. lifted its position in shares of TKO Group by 52.4% in the third quarter. Blue Trust Inc. now owns 259 shares of the company’s stock valued at $32,000 after acquiring an additional 89 shares in the last quarter. Geneos Wealth Management Inc. purchased a new stake in shares of TKO Group in the fourth quarter worth about $32,000. First Horizon Advisors Inc. boosted its stake in TKO Group by 491.5% during the third quarter. First Horizon Advisors Inc. now owns 278 shares of the company’s stock valued at $34,000 after buying an additional 231 shares during the last quarter. Finally, Game Plan Financial Advisors LLC grew its holdings in TKO Group by 172.2% during the 4th quarter. Game Plan Financial Advisors LLC now owns 245 shares of the company’s stock valued at $35,000 after buying an additional 155 shares in the last quarter. 89.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at TKO Group

In other TKO Group news, major shareholder Patrick Whitesell acquired 31,352 shares of the stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average cost of $142.03 per share, for a total transaction of $4,452,924.56. Following the completion of the transaction, the insider now directly owns 1,674,322 shares of the company’s stock, valued at approximately $237,803,953.66. The trade was a 1.91 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Shane Kapral sold 1,034 shares of the business’s stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $141.94, for a total value of $146,765.96. Following the completion of the transaction, the chief accounting officer now owns 2,225 shares in the company, valued at $315,816.50. The trade was a 31.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 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 currently owned by corporate insiders.

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.