Live Nation Entertainment Inc [LYV] stock is trading at $130.58, up 4.44%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LYV shares have gain 2.80% over the last week, with a monthly amount drifted -8.91%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Live Nation Entertainment Inc [NYSE: LYV] stock has seen the most recent analyst activity on September 04, 2024, when BofA Securities initiated its Buy rating and assigned the stock a price target of $125. Previously, Northcoast downgraded its rating to Neutral on May 28, 2024. On May 09, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $115 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $120 on April 30, 2024. ROTH MKM upgraded its rating to a Buy and raised its price target to $114 on January 12, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on December 14, 2023, and upped its price target to $110. In a note dated October 26, 2023, Evercore ISI upgraded an Outperform rating on this stock but restated the target price of $100.
Live Nation Entertainment Inc [LYV] stock has fluctuated between $86.81 and $157.75 over the past year. Currently, Wall Street analysts expect the stock to reach $137 within the next 12 months. Live Nation Entertainment Inc [NYSE: LYV] shares were valued at $130.58 at the most recent close of the market. An investor can expect a potential return of 4.92% based on the average LYV price forecast.
Analyzing the LYV fundamentals
Live Nation Entertainment Inc [NYSE:LYV] reported sales of 23.16B for the trailing twelve months, which represents a drop of -2.69%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 11.93 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of12.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 125.92 points at the first support level, and at 121.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 133.42, and for the 2nd resistance point, it is at 136.26.
Ratios To Look Out For
For context, Live Nation Entertainment Inc’s Current Ratio is 0.99. In addition, the Quick Ratio stands at 0.99 and the Cash Ratio stands at 0.65. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 176.63 and price to earnings (TTM) ratio is 48.12.
Transactions by insiders
Recent insider trading involved HINSON JEFFREY T., Director, that happened on Mar 12 ’25 when 500.0 shares were sold. Chief Accounting Officer, Capo Brian completed a deal on Mar 11 ’25 to sell 5066.0 shares. Meanwhile, Director HINSON JEFFREY T. bought 1000.0 shares on Mar 12 ’25.
