Live Nation Entertainment Inc (NYSE: LYV)’s stock price has soared by 1.59 in relation to previous closing price of 131.28. Nevertheless, the company has seen a gain of 2.88% in its stock price over the last five trading days. zacks.com reported 2025-01-06 that Live Nation’s strategic focus on expanding premium offerings and penetrating high-growth international markets provides a solid foundation for sustained success.
Is It Worth Investing in Live Nation Entertainment Inc (NYSE: LYV) Right Now?
Live Nation Entertainment Inc (NYSE: LYV) has a price-to-earnings ratio of 142.81x that is above its average ratio. Additionally, the 36-month beta value for LYV is 1.37. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 5 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
The public float for LYV is 154.38M and currently, short sellers hold a 7.69% ratio of that float. The average trading volume of LYV on January 16, 2025 was 2.27M shares.
LYV’s Market Performance
LYV’s stock has seen a 2.88% increase for the week, with a -1.82% drop in the past month and a 15.13% gain in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.92% for Live Nation Entertainment Inc The simple moving average for the past 20 days is 1.15% for LYV’s stock, with a 24.80% simple moving average for the past 200 days.
Analysts’ Opinion of LYV
Many brokerage firms have already submitted their reports for LYV stocks, with BofA Securities repeating the rating for LYV by listing it as a “Buy.” The predicted price for LYV in the upcoming period, according to BofA Securities is $125 based on the research report published on September 04, 2024 of the previous year 2024.
Redburn Atlantic gave a rating of “Buy” to LYV, setting the target price at $115 in the report published on May 09th of the previous year.
LYV Trading at 1.05% 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 -5.53% of loss for the given period.
Volatility was left at 1.92%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -1.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.86% upper at present.
During the last 5 trading sessions, LYV rose by +2.88%, which changed the moving average for the period of 200-days by +26.09% in comparison to the 20-day moving average, which settled at $131.85. In addition, Live Nation Entertainment Inc saw 2.99% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LYV starting from Berchtold Joe, who sale 29,310 shares at the price of $97.50 back on Sep 12 ’24. After this action, Berchtold Joe now owns 566,722 shares of Live Nation Entertainment Inc, valued at $2,857,676 using the latest closing price.
Rapino Michael, the President & CEO of Live Nation Entertainment Inc, sale 98,849 shares at $97.50 during a trade that took place back on Sep 12 ’24, which means that Rapino Michael is holding 3,702,115 shares at $9,637,778 based on the most recent closing price.
Stock Fundamentals for LYV
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.24 for the gross margin
The net margin for Live Nation Entertainment Inc stands at 0.02. The total capital return value is set at 0.1. Equity return is now at value 90.38, with 1.18 for asset returns.
Based on Live Nation Entertainment Inc (LYV), the company’s capital structure generated 0.97 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 28.44. The interest coverage ratio of the stock is 2.89.
Currently, EBITDA for the company is 1.85 billion with net debt to EBITDA at 1.47. When we switch over and look at the enterprise to sales, we see a ratio of 1.43. The receivables turnover for the company is 8.65for trailing twelve months and the total asset turnover is 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
In conclusion, Live Nation Entertainment Inc (LYV) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
