TKO Group Holdings, Inc. (NYSE:TKO) Stock Has Consensus Target Price of $237.50 According to Analysts

TKO Group Holdings, Inc. (NYSE:TKO) has received a consensus rating of “Moderate Buy” from the sixteen analysts that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $237.50.

Several equities analysts have weighed in on the company. Seaport Research Partners reaffirmed a “buy” rating on shares of TKO Group in a research note on Friday. Sanford C. Bernstein increased their price target on shares of TKO Group from $235.00 to $240.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 16th. BTIG Research reissued a “buy” rating and issued a $237.00 price target on shares of TKO Group in a research report on Tuesday, August 4th. Guggenheim raised their price target on shares of TKO Group from $230.00 to $235.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Finally, Roth Capital reaffirmed a “buy” rating and set a $230.00 price objective on shares of TKO Group in a research report on Tuesday, August 4th.

TKO Group Stock Performance

Shares of TKO stock opened at $173.62 on Wednesday. The company has a market capitalization of $32.86 billion, a price-to-earnings ratio of 60.92 and a beta of 0.67. TKO Group has a 1-year low of $171.19 and a 1-year high of $226.94. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.58. The stock’s fifty day simple moving average is $187.31 and its 200-day simple moving average is $191.00.

TKO Group (NYSE:TKO) last announced its quarterly earnings data on Monday, August 3rd. The company reported $1.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.41 by ($0.07). The business had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.54 billion. TKO Group had a return on equity of 2.67% and a net margin of 4.33%. The firm’s revenue was up 18.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.17 earnings per share. On average, sell-side analysts predict that TKO Group will post 4.42 earnings per share for the current fiscal year.

TKO Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.79 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $3.16 dividend on an annualized basis and a yield of 1.8%. TKO Group’s dividend payout ratio is presently 110.88%.

Insider Activity at TKO Group

In other news, Director Nick Khan sold 9,589 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $194.77, for a total value of $1,867,649.53. Following the transaction, the director directly owned 29,751 shares of the company’s stock, valued at approximately $5,794,602.27. This represents a 24.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ariel Emanuel sold 24,702 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $194.39, for a total transaction of $4,801,821.78. Following the completion of the transaction, the chief executive officer directly owned 174,334 shares in the company, valued at $33,888,786.26. This trade represents a 12.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 110,815 shares of company stock worth $21,322,699. Corporate insiders own 64.30% of the company’s stock.

Institutional Trading of TKO Group

A number of institutional investors have recently bought and sold shares of TKO. QRG Capital Management Inc. grew its stake in TKO Group by 5.8% in the second quarter. QRG Capital Management Inc. now owns 2,812 shares of the company’s stock valued at $566,000 after purchasing an additional 155 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of TKO Group by 26.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,797 shares of the company’s stock worth $563,000 after purchasing an additional 590 shares in the last quarter. Integrated Wealth Concepts LLC raised its stake in shares of TKO Group by 19.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,983 shares of the company’s stock worth $399,000 after purchasing an additional 324 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of TKO Group by 12.5% during the 2nd quarter. NewEdge Advisors LLC now owns 2,390 shares of the company’s stock worth $481,000 after purchasing an additional 265 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of TKO Group by 1.9% during the 2nd quarter. IFP Advisors Inc now owns 8,699 shares of the company’s stock valued at $1,751,000 after buying an additional 163 shares during the last quarter. Institutional investors and hedge funds own 89.79% of the company’s stock.

About TKO Group

TKO Group Holdings, Inc is a sports and entertainment company that owns and operates Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE). The company was formed in 2023 through the combination of UFC and WWE under Endeavor Group Holdings, creating a platform focused on live sports and entertainment properties.

UFC organizes and promotes mixed martial arts events, distributes related media content, and manages sponsorship, licensing, and consumer products. WWE produces professional wrestling programming and live events, including its flagship brands and premium events, while also generating revenue through media rights, sponsorships, licensing, merchandise, and digital content.

TKO serves audiences and commercial partners internationally through televised and streaming programming, live events, and licensed products.