Analyzing Live Nation Entertainment (LYV) Stock Fundamentals

By Emilio Sanchez • Thursday, October 09 10:06 • Permanent Link

More and more people are talking about Live Nation Entertainment over the last few weeks. Is it worth buying the Leisure stock at a price of $150.27? Only time will tell. The information below will give you a basic idea of what this investment may entail:

Live Nation Entertainment has moved 33.1% over the last year, and the S&P 500 logged a change of 16.8%
LYV has an average analyst rating of buy and is -13.9% away from its mean target price of $174.53 per share
Its trailing earnings per share (EPS) is $2.35
Live Nation Entertainment has a trailing 12 month Price to Earnings (P/E) ratio of 63.9 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $2.42 and its forward P/E ratio is 62.1
The company has a Price to Book (P/B) ratio of 96.02 in contrast to the S&P 500's average ratio of 4.74
Live Nation Entertainment is part of the Consumer Discretionary sector, which has an average P/E ratio of 20.93 and an average P/B of 2.93
LYV has reported YOY quarterly earnings growth of -60.0% and gross profit margins of 0.3%
The company has a free cash flow of $1.8 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to consumers with marketplace for tickets and event information through mobile apps, other websites, and retail outlets, as well as its websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, online advertising, and promotional programs; rich media offering, including advertising related with live streaming and music-related content; and ads through distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is based in Beverly Hills, California.

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.