In the past week, TKO stock has gone up by 0.73%, with a monthly gain of 0.25% and a quarterly surge of 13.91%. The volatility ratio for the week is 2.20%, and the volatility levels for the last 30 days are 2.02% for TKO Group Holdings Inc The simple moving average for the last 20 days is -0.48% for TKO stock, with a simple moving average of 19.23% for the last 200 days.
Is It Worth Investing in TKO Group Holdings Inc (NYSE: TKO) Right Now?
Additionally, the 36-month beta value for TKO is 1.05. 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.”
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The public float for TKO is 70.57M and currently, short sellers hold a 5.07% ratio of that float. The average trading volume of TKO on July 31, 2024 was 834.40K shares.
TKO) stock’s latest price update
The stock of TKO Group Holdings Inc (NYSE: TKO) has decreased by -1.73 when compared to last closing price of 109.74. Despite this, the company has experienced a 0.73% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-07-29 that VANCOUVER, BC , July 29, 2024 /PRNewswire/ – Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) (the “Company”) will release its second quarter 2024 financial results after market close on Wednesday, July 31, 2024. The Company will host a telephone conference call and live webcast on Thursday, August 1, 2024, at 11:00 a.m.
Analysts’ Opinion of TKO
Many brokerage firms have already submitted their reports for TKO stocks, with Redburn Atlantic repeating the rating for TKO by listing it as a “Buy.” The predicted price for TKO in the upcoming period, according to Redburn Atlantic is $129 based on the research report published on July 18, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see TKO reach a price target of $127, previously predicting the price at $92. The rating they have provided for TKO stocks is “Buy” according to the report published on May 15th, 2024.
BofA Securities gave a rating of “Buy” to TKO, setting the target price at $100 in the report published on March 15th of the current year.
TKO Trading at 0.16% 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 -5.15% of loss for the given period.
Volatility was left at 2.02%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -2.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.10% upper at present.
During the last 5 trading sessions, TKO rose by +0.48%, which changed the moving average for the period of 200-days by +34.57% in comparison to the 20-day moving average, which settled at $108.23. In addition, TKO Group Holdings Inc saw 32.18% 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 Khan Nick, who sale 23,509 shares at the price of $106.03 back on Jul 23 ’24. After this action, Khan Nick now owns 196,509 shares of TKO Group Holdings Inc, valued at $2,492,659 using the latest closing price.
Khan Nick, the Director of TKO Group Holdings Inc, sale 22,693 shares at $105.53 during a trade that took place back on Jul 22 ’24, which means that Khan Nick is holding 220,018 shares at $2,394,792 based on the most recent closing price.
Stock Fundamentals for TKO
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.58 for the gross margin
The net margin for TKO Group Holdings Inc stands at 0.0. The total capital return value is set at 0.04. Equity return is now at value -3.77, with -1.23 for asset returns.
Based on TKO Group Holdings Inc (TKO), the company’s capital structure generated 0.41 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 0.68. The interest coverage ratio of the stock is 1.93.
Currently, EBITDA for the company is 750.81 million with net debt to EBITDA at 3.78. When we switch over and look at the enterprise to sales, we see a ratio of 5.75. The receivables turnover for the company is 11.65for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
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.
