Key Insights into Live Nation Entertainment

By Emilio Sanchez • Thursday, October 02 15:29 • Permanent Link

Live Nation Entertainment logged a -1.2% change during today's afternoon session, and is now trading at a price of $156.93 per share. The S&P 500 index moved 0.0%. LYV's trading volume is 1,439,788 compared to the stock's average volume of 2,227,873.

Live Nation Entertainment trades -10.02% away from its average analyst target price of $174.4 per share. The 20 analysts following the stock have set target prices ranging from $130.0 to $195.0, and on average have given Live Nation Entertainment a rating of buy.

If you are considering an investment in LYV, you'll want to know the following:

Live Nation Entertainment's current price is 2235.2% above its Graham number of $6.72, which implies that at its current valuation it does not offer a margin of safety
Live Nation Entertainment has moved 45.7% over the last year, and the S&P 500 logged a change of 17.7%
Based on its trailing earnings per share of 2.35, Live Nation Entertainment has a trailing 12 month Price to Earnings (P/E) ratio of 66.8 while the S&P 500 average is 29.3
LYV has a forward P/E ratio of 64.8 based on its forward 12 month price to earnings (EPS) of $2.42 per share
Its Price to Book (P/B) ratio is 100.27 compared to its sector average of 2.93
Live Nation Entertainment, Inc. operates as a live entertainment company worldwide.
Based in Beverly Hills, the company has 16,200 full time employees and a market cap of $36.4 Billion.

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.