TKO Group (NYSE:TKO) Releases Quarterly Earnings Results, Beats Expectations By $0.19 EPS

TKO Group (NYSE:TKO) released its earnings results on Wednesday. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Stock Up 2.5 %

TKO Group stock traded up $3.95 during mid-day trading on Wednesday, reaching $159.97. The stock had a trading volume of 1,152,237 shares, compared to its average volume of 1,114,490. The company has a market capitalization of $27.32 billion, a price-to-earnings ratio of -380.88 and a beta of 1.06. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.17 and a quick ratio of 1.17. The company has a 50-day moving average price of $152.65 and a two-hundred day moving average price of $134.60. TKO Group has a one year low of $78.69 and a one year high of $179.09.

Insider Transactions at TKO Group

In related news, major shareholder Patrick Whitesell bought 156,446 shares of the stock in a transaction dated Tuesday, February 11th. The stock was purchased at an average cost of $175.60 per share, with a total value of $27,471,917.60. Following the completion of the purchase, the insider now owns 2,461,668 shares of the company’s stock, valued at $432,268,900.80. This trade represents a 6.79 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Andrew M. Schleimer sold 5,419 shares of the company’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $141.94, for a total transaction of $769,172.86. Following the completion of the sale, the chief financial officer now directly owns 6,995 shares of the company’s stock, valued at approximately $992,870.30. This trade represents a 43.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders purchased 2,498,297 shares of company stock worth $387,671,461 and sold 71,457 shares worth $10,153,456. Company insiders own 53.80% of the company’s stock.

Wall Street Analyst Weigh In

TKO has been the topic of a number of research reports. TD Cowen upped their price target on TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, October 29th. Pivotal Research boosted their price target on shares of TKO Group from $145.00 to $165.00 and gave the company a “buy” rating in a research note 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. The Goldman Sachs Group raised their price target on shares of TKO Group from $142.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Finally, Morgan Stanley increased 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. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average 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.