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Live Nation Entertainment (DE:3LN)
FRANKFURT:3LN
RESEARCH TOOLSreports
Live Nation Entertainment (3LN) Stock Price & Analysis
1 Followers
3LN Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€72.80 - €98.20
Previous Close€86.62
Volume0.00
Average Volume (3M)121.00
Market Cap
€20.06B
Enterprise Value€23.47B
Total Cash (Recent Filing)$6.23B
Total Debt (Recent Filing)$8.44B
Price to Earnings (P/E)―
Beta0.59
Next Earnings
Jul 30, 2024EPS Estimate
€0.98Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding231,442,568
10 Day Avg. Volume0
30 Day Avg. Volume121
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-5.07
Price to Sales (P/S)0.87
Price to Cash Flow (P/CF)8.80
P/FCF Ratio8.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.03
Enterprise Value/Gross Profit4.30
Enterprise Value/Ebitda15.15
Forecast
1Y Price Target
€109.68Price Target Upside26.18% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Live Nation Entertainment News
PremiumCompany Announcements
Live Nation Shareholders Confirm Directors and Incentive PlansBulls Say, Bears Say
Bulls Say
Financial PerformanceStrong results that beat consensus expectations across all key metrics, including fan count, fee-bearing ticket sales, Revenue, and AOI.
Growth PotentialA multitude of organic growth drivers (fan growth, onsite spend, venue expansion, new sponsors) and secular tailwinds inform the long-term growth outlook.
Market PositionLive Nation has a dominant position across the concert value chain, creating high barriers to entry.
Bears Say
Antitrust AllegationsThe DoJ's suit is largely comprised of concerns/allegations of Live Nation-Ticketmaster commanding a monopoly in the market, driving high prices faced by consumers.
Market ControlThe press release claims that LYV exercises its power to harm competition, and imposes barriers to entry that heavily limits its rivals.
Regulatory OverhangThe DOJ lawsuit introduces regulatory overhang, adding uncertainty to Live Nation's future.
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.04% Other Institutional Investors
98.96% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Live Nation Entertainment
Desktop Users
Mobile Users
3LN FAQ
What was Live Nation Entertainment’s price range in the past 12 months?
Live Nation Entertainment lowest stock price was €72.80 and its highest was €98.20 in the past 12 months.
What is Live Nation Entertainment’s market cap?
Currently, no data Available
When is Live Nation Entertainment’s upcoming earnings report date?
Live Nation Entertainment’s upcoming earnings report date is Jul 30, 2024 which is in 7 days.
How were Live Nation Entertainment’s earnings last quarter?
Live Nation Entertainment released its earnings results on May 02, 2024. The company reported -€0.487 earnings per share for the quarter, missing the consensus estimate of -€0.169 by -€0.318.
Is Live Nation Entertainment overvalued?
According to Wall Street analysts Live Nation Entertainment’s price is currently Undervalued.
Does Live Nation Entertainment pay dividends?
Live Nation Entertainment does not currently pay dividends.
What is Live Nation Entertainment’s EPS estimate?
Live Nation Entertainment’s EPS estimate is €0.98.
How many shares outstanding does Live Nation Entertainment have?
Currently, no data Available
What happened to Live Nation Entertainment’s price movement after its last earnings report?
Live Nation Entertainment reported an EPS of -€0.487 in its last earnings report, missing expectations of -€0.169. Following the earnings report the stock price went up 2.123%.
Which hedge fund is a major shareholder of Live Nation Entertainment?
Among the largest hedge funds holding Live Nation Entertainment’s share is Lone Pine Capital LLC. It holds Live Nation Entertainment’s shares valued at 340M.
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Live Nation Entertainment Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
€109.68 (26.18% Upside)
€109.68 (26.18% Upside)
Blogger Sentiment
Bullish
DE:3LN Sentiment 92%
Sector Average 67%
Sector Average 67%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.82%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
6.15%
Trailing 12-Months
Company Description
Live Nation Entertainment
Live Nation Entertainment, Inc. is an entertainment company, which engages in producing, marketing and selling live concerts for artists via global concert pipe. It operates through the following segments: Concerts, Sponsorship & Advertising and Ticketing. The Concerts segment involves in the promotion of live music events in owned or operated and in rented third-party venues. The Sponsorship and Advertising segment offers sales force that creates and maintains relationships with sponsors through a combination of international, national, and local opportunities that allow businesses to reach customers through concerts, venue, festivals and ticketing assets, including advertising on websites. The Ticketing segment includes selling of tickets for events on behalf of clients and retains a fee, or service charge for these services. The company was founded in 1996 and is headquartered in Beverly Hills, CA.
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3LN Earnings Call
Q1 2024
0:00 / 0:00
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3LN Revenue Breakdown
82.48% Concerts
13.01% Ticketing
4.81% Sponsorship & Advertising
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3LN Stock 12 Month Forecast
Average Price Target
€109.68
▲(26.18% Upside)
Technical Analysis
Best Analysts Covering 3LN
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+21.57%
reiterated a buy rating 2 months ago
Copying Jason Bazinet's trades and holding each position for 1 Year would result in 92.86% of your transactions generating a profit, with an average return of +21.57% per trade.
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