TKO Group Holdings Inc (NYSE: TKO) has seen a decline in its stock price by -0.54 in relation to its previous close of 98.80. However, the company has experienced a 2.67% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-08 that TKO Group Holdings (TKO) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.50 per share a year ago.
Is It Worth Investing in TKO Group Holdings Inc (NYSE: TKO) Right Now?
TKO Group Holdings Inc (NYSE: TKO) has a price-to-earnings ratio of 146.39x that is above its average ratio. Additionally, the 36-month beta value for TKO is 1.01. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for TKO is 67.25M and currently, short sellers hold a 7.68% ratio of that float. The average trading volume of TKO on May 09, 2024 was 1.23M shares.
TKO’s Market Performance
The stock of TKO Group Holdings Inc (TKO) has seen a 2.67% increase in the past week, with a 0.79% rise in the past month, and a 12.57% gain in the past quarter. The volatility ratio for the week is 2.08%, and the volatility levels for the past 30 days are at 2.06% for TKO. The simple moving average for the last 20 days is 1.64% for TKO stock, with a simple moving average of 11.86% for the last 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 9.44% 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 -13.56% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares surge +0.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.87% upper at present.
During the last 5 trading sessions, TKO rose by +2.67%, in comparison to the 20-day moving average, which settled at $96.72. In addition, TKO Group Holdings Inc saw 20.46% 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 6.4. 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 conclusion, TKO Group Holdings Inc (TKO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
