As on June 25, 2020, Live Nation Entertainment Inc. (NYSE: LYV) started slowly as it slid -0.02% to $44.17. During the day, the stock rose to $44.58 and sunk to $43.16 before settling in for the price of $44.18 at the close. Taking a more long-term approach, LYV posted a 52-week range of $21.70-$76.60.
The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 11.00%. Meanwhile, its Annual Earning per share during the time was 45.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 72.70%. This publicly-traded company’s shares outstanding now amounts to $211.05 million, simultaneously with a float of $157.07 million. The organization now has a market capitalization sitting at $9.88 billion. At the time of writing, stock’s 50-day Moving Average stood at $45.11, while the 200-day Moving Average is $58.77.
Let’s gauge the efficiency of the firm, which has a total of 10500 employees. It has generated 1,099,807 per worker during the last fiscal year. Meanwhile, its income per employee was -465. The stock had 12.32 Receivables turnover and 1.19 Total Asset turnover. For the Profitability, stocks gross margin was +22.83, operating margin was +2.79 and Pretax Margin of +1.60.
Live Nation Entertainment Inc. (LYV) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Entertainment industry. Live Nation Entertainment Inc.’s current insider ownership accounts for 2.40%, in contrast to 79.10% institutional ownership. According to the most recent insider trade that took place on Jun 05, this organization’s Director sold 3,000 shares at the rate of 58.02, making the entire transaction reach 174,060 in total value, affecting insider ownership by 68,336. Preceding that transaction, on Jun 04, Company’s EVP & Chief Financial Officer sold 68,040 for 53.53, making the whole transaction’s value amount to 3,642,181. This particular insider is now the holder of 258,359 in total.
Live Nation Entertainment Inc. (LYV) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 3/30/2020, the company posted -$0.94 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$0.97) by $0.03. This company achieved a net margin of -0.04 while generating a return on equity of -0.43. Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.65 per share during the current fiscal year.
Live Nation Entertainment Inc.’s EPS increase for this current 12-month fiscal period is 72.70% and is forecasted to reach -0.68 in the upcoming year.
Live Nation Entertainment Inc. (NYSE: LYV) Trading Performance Indicators
Let’s observe the current performance indicators for Live Nation Entertainment Inc. (LYV). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 3.03. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.88. Similarly, its price to free cash flow for trailing twelve months is now 35.10.
In the same vein, LYV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.71, a figure that is expected to reach -2.15 in the next quarter, and analysts are predicting that it will be -0.68 at the market close of one year from today.
Technical Analysis of Live Nation Entertainment Inc. (LYV)
Through scrutinizing the latest numbers posted by the [Live Nation Entertainment Inc., LYV], it can be observed that its last 5-days Average volume of 3.78 million was lower the volume of 4.73 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 21.39% While, its Average True Range was 2.91.
Raw Stochastic average of Live Nation Entertainment Inc. (LYV) in the period of the previous 100 days is set at 40.93%, which indicates a major rise in contrast to 7.99% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 53.07% that was lower than 107.92% volatility it exhibited in the past 100-days period.