Live Nation Entertainment, Inc. (NYSE:LYV)went up by 2.26% from its latest closing price when compared to the 1-year high value of $73.71 and move down -10.21%, while LYV stocks collected +3.74% of gains with the last five trading sessions. Press Release reported on 11/13/19 that Rakuten Partners with Live Nation Entertainment to Deliver Rewarding Music Experiences to Fans
Live Nation Entertainment, Inc. (NYSE:LYV) Worth an Investment?
Live Nation Entertainment, Inc. (NYSE: LYV) The 36 Months beta value for LYV stocks is at 1.17, while of the analysts out of 0 who provided ratings for Live Nation Entertainment, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $77.82 which is $10.95 above current price. LYV currently has a short float of 7.44% and public float of 140.41M with average trading volume of 1.18M shares.
LYV Market Performance
LYV stocks went up by 3.74% for the week, with the monthly drop of -0.19% and a quarterly performance of -6.40%, while its annual performance rate touched 22.72%. The simple moving average for the period of the last 20 days is 1.15% for LYV stocks with the simple moving average of 2.09% for the last 200 days.
Analysts’ Opinion on Live Nation Entertainment, Inc. (NYSE:LYV)
Many brokerage firms have already submitted their reports for LYV stocks, with Evercore ISI repeating the rating for LYV shares by setting it to “Outperform”. The predicted price for LYV socks in the upcoming period according to Evercore ISI is $37 based on the research report published on November 12, 2019.
Morgan Stanley, on the other hand, stated in their research note that they expect to see LYV stock at the price of $75. The rating they have provided for LYV stocks is “Equal-Weight” according to the report published on October 8, 2019.
Jefferies gave “Buy” rating to LYV stocks, setting the target price at $84 in the report published on October 2, 2019.
LYV Stocks -0.69% Far from 50 Day Moving Average
After a stumble in the market that brought LYV to its low price for the period of the last 52 weeks, Live Nation Entertainment, Inc. was unable to take a rebound, for now settling with -9.27% of loss for the given period.
The stock volatility was left at 2.32%, however, within the period of a single month, the volatility rate increased by 1.87%, while the shares sank at the distance of -1.23% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -3.53% lower at the present time.
In the course of the last 5 trading sessions, LYV went up by +3.74%, which changed the moving average for the period of 200 days to the total of +25.79% of gains for the stock in comparison to the 20-day moving average settled at $66.08. In addition, Live Nation Entertainment, Inc. saw 35.80% in overturn over the period of a single year with a tendency to cut further gains.
LYV Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Live Nation Entertainment, Inc. (LYV), starting from KAHAN JAMES S, who bought 4,500 shares at the price of $61.54 back on Nov 06. After this action, Rushing now owns 2,000 shares of Live Nation Entertainment, Inc., valued at $276,925 with the latest closing price.
Rowles Michael, the EVP & General Counsel of Live Nation Entertainment, Inc., sold 67,840 shares at the value of $71.71 during a trade that took place back on Aug 21, which means that Rowles Michael is holding 189,851 shares at the value of $4,864,806 based on the most recent closing price.
LYV Stock Fundamentals
The current profitability levels are settled at +2.62 for the present operating margin and +22.56 for gross margin. The net margin for Live Nation Entertainment, Inc. stands at -0.16. Total capital return value is set at 6.70, while invested capital returns managed to touch -0.51. Equity return holds the value 0.80%, with 0.10% for asset returns.
Based on Live Nation Entertainment, Inc. (LYV), the company’s capital structure generated 256.15 points for debt to equity in total, while total debt to capital is set at the value of 71.92. Total debt to assets is settled at the value of 33.13 with long-term debt to equity ratio rests at 2.04 and long-term debt to capital is 248.67.
EBITDA value lies at +405.90 M with total debt to EBITDA carrying the value of 3.76. The value for Enterprise to Sales is 1.28 with debt to enterprise value settled at 0.25. The receivables turnover for Live Nation Entertainment, Inc. is 13.74 with the total asset turnover at the value of 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.