Live Nation Entertainment Inc (LYV) Performance and Fundamentals Dashboard tells a completely different story

With 3.45 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.37 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $91.88 whereas the lowest price it dropped to was $89.62. The 52-week range on LYV shows that it touched its highest point at $107.24 and its lowest point at $64.96 during that stretch. It currently has a 1-year price target of $118.38. Beta for the stock currently stands at 1.33.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LYV was down-trending over the past week, with a drop of -12.75%, but this was down by -13.82% over a month. Three-month performance dropped to -1.11% while six-month performance rose 6.11%. The stock gained 32.39% in the past year, while it has lost -4.23% so far this year. A look at the trailing 12-month EPS for LYV yields 1.31 with Next year EPS estimates of 2.27. For the next quarter, that number is -0.19. This implies an EPS growth rate of 34.07% for this year and 23.85% for next year.

Float and Shares Shorts:

At present, 233.30 million LYV shares are outstanding with a float of 143.80 million shares on hand for trading. On 2024-03-28, short shares totaled 13.77 million, which was 596.99997 higher than short shares on 1709164800. In addition to Mr. Michael Rapino as the firm’s President, CEO & Director, Mr. Joe Berchtold serves as its President & CFO.

Institutional Ownership:

Through their ownership of 0.75499 of LYV’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, LYV reported revenue of $5838941000.0 and operating income of -$87311000.0. The EBITDA in the recently reported quarter was $78880000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LYV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.