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Live Nation Entertainment (LYV)
NYSE:LYV
Live Nation Entertainment (LYV) Stock Price & Analysis
1,143 Followers
LYV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$76.48 - $107.24
Previous Close$96.38
Volume1.50M
Average Volume (3M)2.35M
Market Cap
$22.14B
Enterprise Value$24.74B
Total Cash (Recent Filing)$7.13B
Total Debt (Recent Filing)$8.41B
Price to Earnings (P/E)92.9
Beta1.34
Next Earnings
Jul 31, 2024EPS Estimate
$1.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.04
Shares Outstanding231,442,568
10 Day Avg. Volume2,299,126
30 Day Avg. Volume2,351,350
Standard Deviation0.11
R-Squared0.39
Alpha-0.00264
Financial Highlights & Ratios
Price to Book (P/B)-5.22
Price to Sales (P/S)1.34
Price to Cash Flow (P/CF)9.10
P/FCF Ratio7.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.29
Enterprise Value/Gross Profit5.70
Enterprise Value/Ebitda18.31
Forecast
1Y Price Target
$120.64Price Target Upside25.17% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Live Nation Entertainment News
Bulls Say, Bears Say
Bulls Say
Company PerformanceLive Nation delivered another resounding earnings beat, with revenue and AOI above consensus estimates.
Consumer DemandConcert ticket sales are pacing up significantly, indicating strong consumer demand and a healthy pipeline for future events.
Growth ProspectsVenue expansion plans are in place with the aim to reach millions of additional fans, showcasing Live Nation's commitment to growth.
Bears Say
Conflict Of InterestInvestors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this report.
Financial PerformanceTicketing reported lower than expected Adjusted Operating Income (AOI) with a margin below estimates.
Regulatory RisksThe current regulatory environment is likely to continue affecting the stock, creating potential challenges.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Live Nation Entertainment
Desktop Users
Mobile Users
LYV FAQ
What was Live Nation Entertainment’s price range in the past 12 months?
Live Nation Entertainment lowest stock price was $76.48 and its highest was $107.24 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 31, 2024 which is in 75 days.
How were Live Nation Entertainment’s earnings last quarter?
Live Nation Entertainment released its earnings results on May 02, 2024. The company reported -$0.53 earnings per share for the quarter, missing the consensus estimate of -$0.184 by -$0.346.
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 $1.1.
How many shares outstanding does Live Nation Entertainment have?
Live Nation Entertainment has 229,743,770 shares outstanding.
What happened to Live Nation Entertainment’s price movement after its last earnings report?
Live Nation Entertainment reported an EPS of -$0.53 in its last earnings report, missing expectations of -$0.184. Following the earnings report the stock price went up 7.239%.
Which hedge fund is a major shareholder of Live Nation Entertainment?
Among the largest hedge funds holding Live Nation Entertainment’s share is Public Investment Fund. It holds Live Nation Entertainment’s shares valued at 1B.
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Live Nation Entertainment Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$120.64 (25.17% Upside)
$120.64 (25.17% Upside)
Blogger Sentiment
Bullish
LYV Sentiment 92%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 43.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $241.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 5.6%
Last 30 Days ▲ 5.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.35%
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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LYV Earnings Call
Q1 2024
0:00 / 0:00
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LYV Revenue Breakdown
82.48% Concerts
13.01% Ticketing
4.81% Sponsorship & Advertising
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LYV Stock 12 Month Forecast
Average Price Target
$120.64
▲(25.17% Upside)
Technical Analysis
Best Analysts Covering LYV
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+23.68%
reiterated a buy rating last month
Copying Jason Bazinet's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +23.68% per trade.
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