LYV

Here's What You May Have Missed About Live Nation Entertainment (LYV)

Shares of Consumer Discretionary sector company Live Nation Entertainment moved -2.2% Friday, and are now trading at a price of $68.96. The large-cap stock's daily volume was 1,211,065 compared to its average volume of 1,880,558. The S&P 500 index returned a -0.0% performance.

Live Nation Entertainment, Inc. operates as a live entertainment company. The company is based in Beverly Hills and has 12,800 full time employees. Its market capitalization is $15,970,515,968.

16 analysts are following Live Nation Entertainment and have set target prices ranging from $70.0 to $120.0 per share. On average, they have given the company a rating of buy. At today's prices, LYV is trading -28.26% away from its average analyst target price of $96.13 per share.

Over the last year, LYV shares have gone down by -36.9%, which represents a difference of -31.0% when compared to the S&P 500. The stock's 52 week high is $114.84 per share and its 52 week low is $64.25. With average free cash flows of $474,555,000.0 that have been growing at an average rate of 94.2% over the last four years, Live Nation Entertainment declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) FreeCashFlow ($ k) YoY Growth (%)
2022-12-31 1,832,063 -353,286 1,478,777 -8.76
2021-12-31 1,780,568 -159,834 1,620,734 224.17
2020-12-31 -1,082,638 -222,609 -1,305,247 -1355.58
2019-12-31 469,783 -365,827 103,956 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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