TKO Group Holdings Inc (TKO) Shares Plummet Below 1-Year High

CANO

TKO Group Holdings Inc (NYSE: TKO) has experienced a decline in its stock price by -0.55 compared to its previous closing price of 96.32. However, the company has seen a fall of -1.91% in its stock price over the last five trading days. InvestorPlace reported 2024-04-17 that It’s tough to puff your chest out and invest in the stock market lately. The stock market has slowed down in the past month, delivering negative returns.

Is It Worth Investing in TKO Group Holdings Inc (NYSE: TKO) Right Now?

The price-to-earnings ratio for TKO Group Holdings Inc (NYSE: TKO) is above average at 142.69x, Company’s 36-month beta value is 1.03.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for TKO is 70.25M, and currently, short sellers hold a 6.78% ratio of that floaft. The average trading volume of TKO on April 19, 2024 was 1.54M shares.

TKO’s Market Performance

The stock of TKO Group Holdings Inc (TKO) has seen a -1.91% decrease in the past week, with a 18.23% rise in the past month, and a 26.31% gain in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.75% for TKO.. The simple moving average for the past 20 days is 4.29% for TKO’s stock, with a 8.38% simple moving average for the past 200 days.

Analysts’ Opinion of TKO

Many brokerage firms have already submitted their reports for TKO stocks, with BofA Securities repeating the rating for TKO by listing it as a “Buy.” The predicted price for TKO in the upcoming period, according to BofA Securities is $100 based on the research report published on March 15, 2024 of the current year 2024.

Goldman, on the other hand, stated in their research note that they expect to see TKO reach a price target of $102. The rating they have provided for TKO stocks is “Buy” according to the report published on March 07th, 2024.

Morgan Stanley gave a rating of “Equal-Weight” to TKO, setting the target price at $95 in the report published on February 14th of the current year.

TKO Trading at 10.12% from the 50-Day Moving Average

After a stumble in the market that brought TKO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.74% of loss for the given period.

Volatility was left at 2.75%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares surge +9.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.89% upper at present.

During the last 5 trading sessions, TKO fell by -1.91%, in comparison to the 20-day moving average, which settled at $92.27. In addition, TKO Group Holdings Inc saw 17.42% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TKO starting from MCMAHON VINCENT K, who sale 1,853,724 shares at the price of $89.01 back on Apr 10 ’24. After this action, MCMAHON VINCENT K now owns 8,021,405 shares of TKO Group Holdings Inc, valued at $164,999,973 using the latest closing price.

Whitesell Patrick, the 10% Owner of TKO Group Holdings Inc, purchase 1,642,970 shares at $89.01 during a trade that took place back on Apr 09 ’24, which means that Whitesell Patrick is holding 1,642,970 shares at $146,240,760 based on the most recent closing price.

Stock Fundamentals for TKO

Current profitability levels for the company are sitting at:

  • 0.29 for the present operating margin
  • 0.63 for the gross margin

The net margin for TKO Group Holdings Inc stands at 0.12. The total capital return value is set at 0.04. Equity return is now at value 2.31, with 0.76 for asset returns.

Based on TKO Group Holdings Inc (TKO), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.67. The interest coverage ratio of the stock is 2.02.

Currently, EBITDA for the company is 750.81 million with net debt to EBITDA at 4.33. When we switch over and look at the enterprise to sales, we see a ratio of 6.37. The receivables turnover for the company is 12.37for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.04.

Conclusion

In a nutshell, TKO Group Holdings Inc (TKO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts