TKO Group (NYSE:TKO) Stock Price Target Cut by Susquehanna

TKO Group (NYSE:TKO) had its target price dropped by equities research analysts at Susquehanna from $224.00 to $223.00 in a report released on Thursday, Benzinga reports. The brokerage presently has a “positive” rating on the stock. Susquehanna‘s target price points to a potential upside of 17.24% from the stock’s current price.

Several other research firms have also issued reports on TKO. Roth Capital reiterated a “buy” rating and issued a $230.00 target price (up from $228.00) on shares of TKO Group in a research note on Tuesday, August 4th. Robert W. Baird dropped their price target on shares of TKO Group from $275.00 to $250.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 18th. Arete Research upgraded shares of TKO Group from a “neutral” rating to a “buy” rating and set a $208.00 price target on the stock in a report on Tuesday, October 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TKO Group in a research report on Monday. Finally, JPMorgan Chase & Co. decreased their price objective on shares of TKO Group from $225.00 to $222.00 and set an “overweight” rating for the company in a research note on Tuesday, July 21st. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $229.29.

TKO Group Stock Up 0.6%

Shares of TKO stock traded up $1.06 during trading hours on Thursday, reaching $190.20. The company had a trading volume of 1,670,246 shares, compared to its average volume of 920,042. TKO Group has a 12 month low of $170.14 and a 12 month high of $226.94. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.28 and a quick ratio of 1.28. The business has a fifty day simple moving average of $182.63 and a 200-day simple moving average of $193.10. The company has a market cap of $36.00 billion, a price-to-earnings ratio of 51.27 and a beta of 0.66.

TKO Group (NYSE:TKO) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.13. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.38 billion. TKO Group had a return on equity of 2.67% and a net margin of 4.33%. TKO Group’s revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.47 earnings per share. On average, research analysts expect that TKO Group will post 4.51 earnings per share for the current fiscal year.

Insider Transactions at TKO Group

In other TKO Group news, CEO Ariel Emanuel sold 24,702 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $194.39, for a total transaction of $4,801,821.78. Following the completion of the transaction, the chief executive officer directly owned 174,334 shares of the company’s stock, valued at approximately $33,888,786.26. This represents a 12.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Nick Khan sold 9,589 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $197.17, for a total value of $1,890,663.13. Following the completion of the sale, the director directly owned 39,344 shares of the company’s stock, valued at $7,757,456.48. This represents a 19.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 97,325 shares of company stock worth $18,798,012 in the last ninety days. Company insiders own 64.30% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TKO. Aberdeen Group plc increased its stake in shares of TKO Group by 14,653.4% in the third quarter. Aberdeen Group plc now owns 421,800 shares of the company’s stock worth $75,806,000 after purchasing an additional 418,941 shares in the last quarter. Maryland State Retirement & Pension System lifted its stake in shares of TKO Group by 11.4% during the 3rd quarter. Maryland State Retirement & Pension System now owns 3,721 shares of the company’s stock valued at $669,000 after buying an additional 380 shares in the last quarter. Machina Capital S.A.S. purchased a new stake in shares of TKO Group during the 3rd quarter valued at approximately $773,000. Bahl & Gaynor LLC boosted its holdings in TKO Group by 36.1% in the 3rd quarter. Bahl & Gaynor LLC now owns 508,038 shares of the company’s stock worth $91,305,000 after buying an additional 134,647 shares during the period. Finally, Lido Advisors LLC boosted its holdings in TKO Group by 76.3% in the 3rd quarter. Lido Advisors LLC now owns 2,587 shares of the company’s stock worth $465,000 after buying an additional 1,120 shares during the period. Institutional investors own 89.79% of the company’s stock.

TKO Group News Summary

Here are the key news stories impacting TKO Group this week:

• Positive Sentiment: TKO reported third-quarter adjusted earnings of $1.33 per share, above the $1.20 consensus estimate, while revenue rose 21.4% year over year. The company also increased its projections, supporting the growth outlook. TKO reports over $1.3 billion in Q3 revenue
• Positive Sentiment: Management is discussing ways to expand distribution beyond Paramount+, with HBO mentioned as a possible outlet for UFC content. Additional platforms could broaden audience reach and create new media revenue opportunities, though no deal was announced. TKO discusses expanding distribution
• Positive Sentiment: Susquehanna lowered its price target slightly, from $224 to $223, but retained a positive rating, signaling continued analyst confidence in potential upside. Susquehanna price-target update
• Neutral Sentiment: TKO says WWE and UFC events in the Middle East, including WWE’s Saudi Arabia event, remain planned despite the Iran war. The events could support revenue if they proceed, but regional uncertainty creates execution risk. TKO executive on WWE Crown Jewel in Saudi Arabia
• Negative Sentiment: Third-quarter revenue of $1.36 billion fell short of the $1.38 billion analyst estimate, and reports noted a dip in WWE revenue. These results temper the strong earnings-per-share and year-over-year growth figures. TKO Q3 results and WWE revenue
• Negative Sentiment: TKO priced a $1 billion offering of 6.5% senior secured notes due 2031. The financing provides capital but adds debt and interest costs. TKO announces senior secured notes offering

About TKO Group

TKO Group Holdings, Inc is a global sports and entertainment company whose principal properties are UFC, the mixed martial arts organization, and WWE, the professional wrestling and sports entertainment company. TKO was formed in 2023 when Endeavor combined UFC and WWE under a single publicly traded company.

The company generates business through live events and ticket sales, media and streaming rights, sponsorships, licensing, and consumer products. UFC and WWE produce programming and events for audiences worldwide, alongside related digital content and merchandise.

TKO serves markets around the world through its events, broadcast and streaming partnerships, and commercial activities.