TKO Group Holdings Inc (NYSE: TKO) is 67.80% higher on its value in year-to-date trading and has touched a low of $72.33 and a high of $134.11 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TKO stock was last observed hovering at around $132.79 in the last trading session, with the day’s gains setting it 4.1%.
Currently trading at $136.89, the stock is 13.55% and 11.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing 3.09% at the moment leaves the stock 28.29% off its SMA200. TKO registered 74.81% gain for a year compared to 6-month gain of 29.46%. The firm has a 50-day simple moving average (SMA 50) of $122.3924 and a 200-day simple moving average (SMA200) of $106.455.
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The stock witnessed a 8.64% loss in the last 1 month and extending the period to 3 months gives it a 15.98%, and is 16.24% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.09% over the week and 2.97% over the month.
TKO Group Holdings Inc (TKO) has around 1250 employees, a market worth around $23.38B and $2.78B in sales. Fwd P/E is 41.75. Profit margin for the company is -1.26%. Distance from 52-week low is 89.24% and 2.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.50%).
TKO Group Holdings Inc quarterly earnings per share for the current quarter are estimated at 0.11 with sales reaching $602.1M over the same period.The EPS is expected to grow by 87.08% this year, but quarterly earnings will post 65.14% year-over-year. Quarterly sales are estimated to shrink -1.94% in year-over-year returns.
524.0 institutions hold shares in TKO Group Holdings Inc (TKO), with institutional investors hold 110.01% of the company’s shares. The shares outstanding are 82.29M, and float is at 70.70M with Short Float at 6.40%. Institutions hold 94.27% of the Float.
TKO Group Holdings Inc (TKO) Insider Activity
The most recent transaction is an insider purchase by Silver Lake West HoldCo, L.P., the company’s 10% Owner. SEC filings show that Silver Lake West HoldCo, L.P. bought 1,642,970 shares of the company’s common stock on Apr 09 ’24 at a price of $89.01 per share for a total of $146.24 million. Following the purchase, the insider now owns 1.64 million shares.
TKO Group Holdings Inc disclosed in a document filed with the SEC on Sep 16 ’24 that SHAPIRO MARK S (See Remarks) sold a total of 31,026 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $114.76 per share for $3.56 million. Following the transaction, the insider now directly holds 42156.0 shares of the TKO stock.
Still, SEC filings show that on Sep 16 ’24, MARK SHAPIRO (Officer) Proposed Sale 60,651 shares at an average price of $116.84 for $7.09 million. The insider now directly holds shares of TKO Group Holdings Inc (TKO).
