The 36-month beta value for TKO is also noteworthy at 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.”
The public float for TKO is 70.87M, and at present, short sellers hold a 4.82% of that float. The average trading volume of TKO on August 23, 2024 was 828.88K shares.
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TKO) stock’s latest price update
TKO Group Holdings Inc (NYSE: TKO) has seen a decline in its stock price by -0.51 in relation to its previous close of 117.76. However, the company has experienced a 0.32% gain in its stock price over the last five trading sessions. gurufocus.com reported 2024-08-09 that Out of all the companies available on the market, TKO Group Holdings Inc. (TKO, Financial) can be considered a truly unique and thrilling stock. To those unfamiliar with the company, it was born out of a merger between Endeavor-owned (EDR, Financial) UFC and WWE.
TKO’s Market Performance
TKO Group Holdings Inc (TKO) has seen a 0.32% rise in stock performance for the week, with a 8.79% gain in the past month and a 10.80% surge in the past quarter. The volatility ratio for the week is 1.97%, and the volatility levels for the past 30 days are at 2.70% for TKO. The simple moving average for the past 20 days is 2.84% for TKO’s stock, with a 25.47% 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 $140 based on the research report published on August 20, 2024 of the current year 2024.
Redburn Atlantic, on the other hand, stated in their research note that they expect to see TKO reach a price target of $129. The rating they have provided for TKO stocks is “Buy” according to the report published on July 18th, 2024.
TD Cowen gave a rating of “Buy” to TKO, setting the target price at $127 in the report published on May 15th of the current year.
TKO Trading at 6.39% 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 -2.93% of loss for the given period.
Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 1.97%, as shares surge +8.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.69% upper at present.
During the last 5 trading sessions, TKO rose by +0.45%, which changed the moving average for the period of 200-days by +38.65% in comparison to the 20-day moving average, which settled at $114.41. In addition, TKO Group Holdings Inc saw 43.62% 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:
- 0.25 for the present operating margin
- 0.56 for the gross margin
The net margin for TKO Group Holdings Inc stands at -0.01. The total capital return value is set at 0.05. Equity return is now at value -3.26, with -1.12 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 0.21. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 3.32.
Currently, EBITDA for the company is 750.81 million with net debt to EBITDA at 2.77. When we switch over and look at the enterprise to sales, we see a ratio of 4.82. The receivables turnover for the company is 8.63for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
In summary, TKO Group Holdings Inc (TKO) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
