Gaining Ground: TKO Group Holdings Inc (TKO) Closes Higher at 95.66, Up 0.17

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The price of TKO Group Holdings Inc (NYSE: TKO) closed at $95.66 in the last session, up 0.17% from day before closing price of $95.50. In other words, the price has increased by $0.17 from its previous closing price. On the day, 0.53 million shares were traded. TKO stock price reached its highest trading level at $96.48 during the session, while it also had its lowest trading level at $95.21.

Ratios:

We take a closer look at TKO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.73.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on March 15, 2024, initiated with a Buy rating and assigned the stock a target price of $100.

On March 07, 2024, Goldman started tracking the stock assigning a Buy rating and target price of $102.

On February 14, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $95.Morgan Stanley initiated its Equal-Weight rating on February 14, 2024, with a $95 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 10 ’24 when MCMAHON VINCENT K sold 1,853,724 shares for $89.01 per share. The transaction valued at 164,999,973 led to the insider holds 8,021,405 shares of the business.

Whitesell Patrick bought 1,642,970 shares of TKO for $146,240,760 on Apr 09 ’24. The 10% Owner now owns 1,642,970 shares after completing the transaction at $89.01 per share. On Apr 09 ’24, another insider, Emanuel Ariel, who serves as the Chief Executive Officer of the company, bought 1,642,970 shares for $89.01 each. As a result, the insider paid 146,240,760 and bolstered with 1,642,970 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TKO now has a Market Capitalization of 7716212736 and an Enterprise Value of 15407505408. As of this moment, TKO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 142.50, and their Forward P/E ratio for the next fiscal year is 27.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.45 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 9.199 whereas that against EBITDA is 25.205.

Stock Price History:

Over the past 52 weeks, TKO has reached a high of $113.69, while it has fallen to a 52-week low of $72.33. The 50-Day Moving Average of the stock is 9.30%, while the 200-Day Moving Average is calculated to be 8.39%.

Shares Statistics:

According to the various share statistics, TKO traded on average about 1.53M shares per day over the past 3-months and 873240 shares per day over the past 10 days. A total of 82.29M shares are outstanding, with a floating share count of 68.61M. Insiders hold about 16.66% of the company’s shares, while institutions hold 81.93% stake in the company. Shares short for TKO as of 1711584000 were 6200744 with a Short Ratio of 3.11, compared to 1709164800 on 8172609.

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