TKO Group Holdings Inc (TKO) kicked off at the price of $117.99: Venture capitalists have an exciting new opportunity

TKO Group Holdings Inc (NYSE: TKO) kicked off on Tuesday, up 0.64% from the previous trading day, before settling in for the closing price of $117.24. Over the past 52 weeks, TKO has traded in a range of $72.33-$120.70.

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During the last 5-year period, the sales growth of Communication Services Sector giant was 13.62%. While this was happening, its average annual earnings per share was recorded 150.74%. With a float of $70.87 million, this company’s outstanding shares have now reached $82.29 million.

Let’s determine the extent of company efficiency that accounts for 1250 employees. In terms of profitability, gross margin is 56.09%, operating margin of 25.0%, and the pretax margin is -2.15%.

TKO Group Holdings Inc (TKO) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of TKO Group Holdings Inc is 12.54%, while institutional ownership is 100.50%. The most recent insider transaction that took place on Jul 23 ’24, was worth 2,492,659. In this transaction Director of this company sold 23,509 shares at a rate of $106.03, taking the stock ownership to the 196,509 shares. Before that another transaction happened on Jul 22 ’24, when Company’s Director sold 22,693 for $105.53, making the entire transaction worth $2,394,792. This insider now owns 220,018 shares in total.

TKO Group Holdings Inc (TKO) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.81 earnings per share (EPS), higher than consensus estimate (set at 0.58) by 0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 150.74% per share during the next fiscal year.

TKO Group Holdings Inc (NYSE: TKO) Trading Performance Indicators

Take a look at TKO Group Holdings Inc’s (TKO) current performance indicators. Last quarter, stock had a quick ratio of 0.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.76. Likewise, its price to free cash flow for the trailing twelve months is 14.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.96, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 3.36 in one year’s time.

Technical Analysis of TKO Group Holdings Inc (TKO)

Looking closely at TKO Group Holdings Inc (NYSE: TKO), its last 5-days average volume was 0.72 million, which is a drop from its year-to-date volume of 1.11 million. As of the previous 9 days, the stock’s Stochastic %D was 50.39%. Additionally, its Average True Range was 2.64.

During the past 100 days, TKO Group Holdings Inc’s (TKO) raw stochastic average was set at 90.76%, which indicates a significant increase from 67.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.52% in the past 14 days, which was higher than the 21.20% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $110.79, while its 200-day Moving Average is $93.87. However, in the short run, TKO Group Holdings Inc’s stock first resistance to watch stands at $118.60. Second resistance stands at $119.21. The third major resistance level sits at $120.21. If the price goes on to break the first support level at $116.99, it is likely to go to the next support level at $115.99. Now, if the price goes above the second support level, the third support stands at $115.38.

TKO Group Holdings Inc (NYSE: TKO) Key Stats

The company with the Market Capitalisation of 9.56 billion has total of 170,307K Shares Outstanding. Its annual sales at the moment are 1,675 M in contrast with the sum of 208,180 K annual income. Company’s last quarter sales were recorded 851,160 K and last quarter income was 59,110 K.