Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Live Nation Entertainment (LYV)
NYSE:LYV
Live Nation Entertainment (LYV) Stock Price & Analysis
1,170 Followers
LYV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$76.48 - $107.24
Previous Close$94.77
Volume1.59M
Average Volume (3M)2.33M
Market Cap
$21.77B
Enterprise Value$25.48B
Total Cash (Recent Filing)$6.23B
Total Debt (Recent Filing)$8.44B
Price to Earnings (P/E)91.4
Beta1.47
Next Earnings
Jul 31, 2024EPS Estimate
$1.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.04
Shares Outstanding231,442,568
10 Day Avg. Volume2,167,258
30 Day Avg. Volume2,331,489
Standard Deviation0.11
R-Squared0.39
Alpha-0.00323
Financial Highlights & Ratios
Price to Book (P/B)-5.07
Price to Sales (P/S)0.95
Price to Cash Flow (P/CF)8.80
P/FCF Ratio8.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.12
Enterprise Value/Gross Profit4.67
Enterprise Value/Ebitda16.44
Forecast
1Y Price Target
$118.71Price Target Upside22.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Live Nation Entertainment News
PremiumCompany Announcements
Live Nation Shareholders Confirm Directors and Incentive Plans
Bulls Say, Bears Say
Bulls Say
Financial PerformanceStrong 1Q24 results that beat consensus expectations across all key metrics, including fan count, fee-bearing ticket sales, Revenue, and AOI.
Market PositionLive Nation has a dominant position across the concert value chain, creating high barriers to entry.
Operational StabilityLive Nation's management has notable organic opportunities to execute on, with no anticipated disruption to operations.
Bears Say
Market Monopoly 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.
Potential RemediesThis suit is expected to be filed in the Southern District of New York, and is expected to seek remedies, including a breakup of Live Nation.
Regulatory OverhangThe DOJ lawsuit introduces regulatory overhang, adding uncertainty to Live Nation's future.
---
Ownership Overview
40.08% Insiders
23.64% Mutual Funds
15.31% Other Institutional Investors
20.97% Public Companies and Individual Investors
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 28 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 $1.09.
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 Lone Pine Capital LLC. It holds Live Nation Entertainment’s shares valued at 340M.
---
Live Nation Entertainment Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$118.71 (22.76% Upside)
$118.71 (22.76% Upside)
Blogger Sentiment
Bullish
LYV Sentiment 93%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 8.3M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.01%
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.
---
LYV Earnings Call
Q1 2024
0:00 / 0:00
---
LYV Revenue Breakdown
82.48% Concerts
13.01% Ticketing
4.81% Sponsorship & Advertising
---
LYV Stock 12 Month Forecast
Average Price Target
$118.71
▲(22.76% Upside)
Technical Analysis
Best Analysts Covering LYV
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+21.15%
reiterated a buy rating last month
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 +21.15% per trade.
---