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

TKO Group (NYSE:TKO) posted its earnings results on Wednesday. The company reported $0.35 earnings per share 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 stock traded up $3.95 during midday trading on Wednesday, reaching $159.97. 1,152,234 shares of the company were exchanged, compared to its average volume of 1,114,490. The company has a market cap 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 quick ratio of 1.17 and a current ratio of 1.17. TKO Group has a 1-year low of $78.69 and a 1-year high of $179.09. The stock’s 50-day simple moving average is $152.65 and its 200 day simple moving average is $134.60.

Insider Activity

In other news, CFO Andrew M. Schleimer sold 5,419 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $141.94, for a total transaction of $769,172.86. Following the transaction, the chief financial officer now directly owns 6,995 shares in the company, valued at approximately $992,870.30. This trade represents a 43.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Ariel Emanuel purchased 60,208 shares of TKO Group stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average price of $143.73 per share, with a total value 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. The trade was a 3.60 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, 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.

Analyst Ratings Changes

TKO has been the topic of a number of recent research reports. The Goldman Sachs Group boosted their price target on shares of TKO Group from $142.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 24th. 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 report on Thursday, December 12th. TD Cowen boosted their price target on shares of TKO Group from $140.00 to $143.00 and gave the stock a “buy” rating in a research note on Tuesday, October 29th. UBS Group increased 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. Finally, Pivotal Research boosted their target price on TKO Group from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Three investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $151.58.

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.