As on Thursday, Live Nation Entertainment Inc (NYSE: LYV) got off with the flyer as it spiked 1.30% to $102.74, before settling in for the price of $101.42 at the close. Taking a more long-term approach, LYV posted a 52-week range of $64.96-$107.24.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 72.49%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 33.08%. This publicly-traded company’s shares outstanding now amounts to $233.30 million, simultaneously with a float of $143.80 million. The organization now has a market capitalization sitting at $23.71 billion. At the time of writing, stock’s 50-day Moving Average stood at $97.90, while the 200-day Moving Average is $89.82.
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 37.70%, in contrast to 69.61% institutional ownership. According to the most recent insider trade that took place on Mar 08 ’24, this organization’s Director sold 1,001 shares at the rate of 100.50, making the entire transaction reach 100,600 in total value, affecting insider ownership by 59,374. Preceding that transaction, on Feb 27 ’24, Company’s Director sold 1,500 for 93.67, making the whole transaction’s value amount to 140,505. This particular insider is now the holder of 14,714 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 12/30/2023, the company posted -$1.25 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$1.04) by -$0.21. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.
Live Nation Entertainment Inc’s EPS increase for this current 12-month fiscal period is 33.08% and is forecasted to reach 2.29 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 0.96. The Stock has managed to achieve an average true range (ATR) of 2.02. Alongside those numbers, its PE Ratio stands at $78.23, and its Beta score is 1.31. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.04. Similarly, its price to free cash flow for trailing twelve months is now 25.44.
In the same vein, LYV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.31, a figure that is expected to reach -0.19 in the next quarter, and analysts are predicting that it will be 2.29 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 1.31 million was lower the volume of 2.15 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 17.09% While, its Average True Range was 1.95.
Raw Stochastic average of Live Nation Entertainment Inc (LYV) in the period of the previous 100 days is set at 82.60%, which indicates a major rise in contrast to 32.23% 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 18.57% that was lower than 25.82% volatility it exhibited in the past 100-days period.
