Live Nation Entertainment Inc (NYSE: LYV) open the trading on Wednesday, with a bit cautious approach as it glided -2.59% to $94.20, before settling in for the price of $96.70 at the close. Taking a more long-term approach, LYV posted a 52-week range of $76.48-$107.24.
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The Communication Services sector firm’s twelve-monthly sales growth has been 72.49% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.64%. This publicly-traded company’s shares outstanding now amounts to $233.30 million, simultaneously with a float of $153.33 million. The organization now has a market capitalization sitting at $21.64 billion. At the time of writing, stock’s 50-day Moving Average stood at $93.21, while the 200-day Moving Average is $91.22.
Live Nation Entertainment Inc (LYV) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Entertainment industry. Live Nation Entertainment Inc’s current insider ownership accounts for 33.26%, in contrast to 75.47% 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
Live Nation Entertainment Inc’s EPS increase for this current 12-month fiscal period is 5.64% and is forecasted to reach 2.44 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 0.92. The Stock has managed to achieve an average true range (ATR) of 2.16. Alongside those numbers, its PE Ratio stands at $90.84, and its Beta score is 1.34. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.92. Similarly, its price to free cash flow for trailing twelve months is now 28.93.
In the same vein, LYV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.04, a figure that is expected to reach 1.07 in the next quarter, and analysts are predicting that it will be 2.44 at the market close of one year from today.
Technical Analysis of Live Nation Entertainment Inc (LYV)
[Live Nation Entertainment Inc, LYV] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 89.90% While, its Average True Range was 2.15.
Raw Stochastic average of Live Nation Entertainment Inc (LYV) in the period of the previous 100 days is set at 39.06%, which indicates a major fall in contrast to 79.88% 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 27.21% that was lower than 31.57% volatility it exhibited in the past 100-days period.
