Live Nation Entertainment Inc. (NYSE:LYV) went up by 1.67% from its latest closing price compared to the recent 1-year high of $91.38. The company’s stock price has collected 6.26% of gains in the last five trading sessions. MarketWatch.com reported 6 hours ago that Live Nation Entertainment Inc. stock outperforms competitors on strong trading day
Is It Worth Investing in Live Nation Entertainment Inc. (NYSE :LYV) Right Now?
Plus, the 36-month beta value for LYV is at 1.45. Opinions of the stock are interesting as 4 analysts out of 13 who provided ratings for Live Nation Entertainment Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
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The average price from analysts is $76.70, which is -$20.15 below the current price. LYV currently public float of 158.98M and currently shorts hold a 8.32% ratio of that float. Today, the average trading volume of LYV was 2.36M shares.
LYV’s Market Performance
LYV stocks went up by 6.26% for the week, with a monthly jump of 24.97% and a quarterly performance of 35.00%, while its annual performance rate touched 32.33%. The volatility ratio for the week stands at 3.79% while the volatility levels for the past 30 days are set at 4.01% for Live Nation Entertainment Inc.. The simple moving average for the period of the last 20 days is 18.02% for LYV stocks with a simple moving average of 54.68% for the last 200 days.
Analysts’ Opinion of LYV
Macquarie, on the other hand, stated in their research note that they expect to see LYV reach a price target of $65. The rating they have provided for LYV stocks is “Neutral” according to the report published on November 30th, 2020.
Jefferies gave a rating of “Hold” to LYV, setting the target price at $57 in the report published on October 27th of the previous year.
LYV Trading at 21.55% from the 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, the company was unable to rebound, for now settling with -1.15% of loss for the given period.
Volatility was left at 4.01%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares surge +30.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.57% upper at present.
During the last 5 trading sessions, LYV rose by +6.26%, which changed the moving average for the period of 200-days by +129.44% in comparison to the 20-day moving average, which settled at $77.60. In addition, Live Nation Entertainment Inc. saw 22.93% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at LYV starting from HINSON JEFFREY T., who sale 3,000 shares at the price of $58.02 back on Jun 05. After this action, HINSON JEFFREY T. now owns 68,336 shares of Live Nation Entertainment Inc., valued at $174,060 using the latest closing price.
Willard Elizabeth Kathleen, the EVP & Chief Financial Officer of Live Nation Entertainment Inc., sale 68,040 shares at $53.53 during a trade that took place back on Jun 04, which means that Willard Elizabeth Kathleen is holding 258,359 shares at $3,642,181 based on the most recent closing price.
Stock Fundamentals for LYV
Current profitability levels for the company are sitting at:
- +2.79 for the present operating margin
- +22.83 for the gross margin
The net margin for Live Nation Entertainment Inc. stands at -0.04. The total capital return value is set at 5.76, while invested capital returns managed to touch -0.10. Equity return is now at value -262.00, with -13.00 for asset returns.
Based on Live Nation Entertainment Inc. (LYV), the company’s capital structure generated 419.39 points at debt to equity in total, while total debt to capital is 80.75. Total debt to assets is 43.78, with long-term debt to equity ratio resting at 405.45. Finally, the long-term debt to capital ratio is 78.06.
When we switch over and look at the enterprise to sales, we see a ratio of 1.57, with the company’s debt to enterprise value settled at 0.27. The receivables turnover for the company is 12.32 and the total asset turnover is 1.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.02.