Live Nation Entertainment Inc. (LYV) PE Ratio stood at $103.51: Odds are Looking Good After Recent Activity

As on January 25, 2023, Live Nation Entertainment Inc. (NYSE: LYV) got off with the flyer as it spiked 0.69% to $77.53. During the day, the stock rose to $77.56 and sunk to $75.98 before settling in for the price of $77.00 at the close. Taking a more long-term approach, LYV posted a 52-week range of $65.05-$126.79.

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A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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The Communication Services Sector giants’ yearly sales growth during the last 5-year period was -5.60%. Meanwhile, its Annual Earning per share during the time was -67.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 62.00%. This publicly-traded company’s shares outstanding now amounts to $225.76 million, simultaneously with a float of $155.81 million. The organization now has a market capitalization sitting at $17.45 billion. At the time of writing, stock’s 50-day Moving Average stood at $71.84, while the 200-day Moving Average is $84.91.

While finding the extent of efficiency of the company that is accounted for 10200 employees. For the Profitability, stocks gross margin was +23.87, operating margin was -6.69 and Pretax Margin of -9.75.

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 2.30%, in contrast to 71.90% institutional ownership. According to the most recent insider trade that took place on Dec 01, this organization’s Director bought 13,740 shares at the rate of 73.28, making the entire transaction reach 1,006,867 in total value, affecting insider ownership by 13,740. Preceding that transaction, on Sep 23, Company’s President & CEO sold 78,000 for 74.41, making the whole transaction’s value amount to 5,804,024. This particular insider is now the holder of 3,799,273 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 9/29/2022, the company posted $1.39 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.03) by $0.36. This company achieved a net margin of -10.70. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.33 per share during the current fiscal year.

Live Nation Entertainment Inc.’s EPS increase for this current 12-month fiscal period is 62.00% and is forecasted to reach 1.34 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 2.15. Alongside those numbers, its PE Ratio stands at $103.51, and its Beta score is 1.27. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.16. Similarly, its price to free cash flow for trailing twelve months is now 9.39.

In the same vein, LYV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.75, a figure that is expected to reach -0.89 in the next quarter, and analysts are predicting that it will be 1.34 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 1.89 million was lower the volume of 2.32 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 88.30% While, its Average True Range was 2.10.

Raw Stochastic average of Live Nation Entertainment Inc. (LYV) in the period of the previous 100 days is set at 40.96%, which indicates a major fall in contrast to 97.63% 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 22.09% that was lower than 39.34% volatility it exhibited in the past 100-days period.


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