Q4 2024 EPS Estimates for TKO Group Holdings, Inc. Lowered by Roth Capital (NYSE:TKO)

TKO Group Holdings, Inc. (NYSE:TKO) – Stock analysts at Roth Capital cut their Q4 2024 earnings per share estimates for TKO Group in a research report issued to clients and investors on Wednesday, October 16th. Roth Capital analyst E. Handler now anticipates that the company will earn $0.34 per share for the quarter, down from their previous estimate of $0.36. The consensus estimate for TKO Group’s current full-year earnings is $4.17 per share. Roth Capital also issued estimates for TKO Group’s Q4 2025 earnings at $0.58 EPS.

TKO Group (NYSE:TKO) last announced its earnings results on Thursday, August 8th. The company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.10). TKO Group had a negative net margin of 3.14% and a positive return on equity of 3.10%. The firm had revenue of $851.20 million during the quarter, compared to analysts’ expectations of $771.54 million. During the same quarter in the prior year, the company earned $0.91 EPS. The business’s revenue for the quarter was up 178.9% on a year-over-year basis.

A number of other brokerages also recently commented on TKO. TD Cowen increased their price target on TKO Group from $127.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, August 12th. The Goldman Sachs Group lifted their target price on TKO Group from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. increased their price target on shares of TKO Group from $126.00 to $132.00 and gave the company an “overweight” rating in a research report on Friday, August 9th. Guggenheim lifted their price objective on shares of TKO Group from $135.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. Finally, Bank of America started coverage on shares of TKO Group in a research report on Tuesday, August 20th. They set a “buy” rating and a $140.00 target price for the company. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $132.21.

TKO Group Trading Up 1.9 %

NYSE:TKO opened at $127.74 on Thursday. TKO Group has a 52 week low of $72.33 and a 52 week high of $128.31. The firm has a 50-day moving average price of $120.46 and a two-hundred day moving average price of $109.59. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market cap of $21.80 billion, a price-to-earnings ratio of -133.06 and a beta of 1.04.

Insider Activity at TKO Group

In other TKO Group news, insider Mark S. Shapiro sold 31,026 shares of TKO Group stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $114.76, for a total transaction of $3,560,543.76. Following the completion of the transaction, the insider now owns 42,156 shares of the company’s stock, valued at $4,837,822.56. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Nick Khan sold 22,693 shares of the firm’s stock in a transaction that occurred on Monday, July 22nd. The shares were sold at an average price of $105.53, for a total value of $2,394,792.29. Following the sale, the director now directly owns 220,018 shares of the company’s stock, valued at $23,218,499.54. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Mark S. Shapiro sold 31,026 shares of TKO Group stock in a transaction on Monday, September 16th. The stock was sold at an average price of $114.76, for a total transaction of $3,560,543.76. Following the sale, the insider now directly owns 42,156 shares of the company’s stock, valued at $4,837,822.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 53.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On TKO Group

Large investors have recently added to or reduced their stakes in the company. MFA Wealth Advisors LLC bought a new stake in TKO Group in the 2nd quarter worth approximately $36,000. Quarry LP bought a new position in shares of TKO Group in the second quarter worth approximately $51,000. GAMMA Investing LLC raised its holdings in TKO Group by 388.6% during the 2nd quarter. GAMMA Investing LLC now owns 513 shares of the company’s stock valued at $55,000 after buying an additional 408 shares during the last quarter. CWM LLC raised its stake in shares of TKO Group by 92.3% during the third quarter. CWM LLC now owns 646 shares of the company’s stock valued at $80,000 after acquiring an additional 310 shares during the last quarter. Finally, Quent Capital LLC boosted its holdings in shares of TKO Group by 17.4% during the third quarter. Quent Capital LLC now owns 680 shares of the company’s stock worth $84,000 after purchasing an additional 101 shares during the period. Hedge funds and other institutional investors own 89.79% of the company’s stock.

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.