Live Nation Entertainment Inc (NYSE: LYV) started the day on Wednesday, with a price increase of 0.87% at $112.56, before settling in for the price of $111.59 at the close. Taking a more long-term approach, LYV posted a 52-week range of $76.48-$112.00.
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It was noted that the giant of the Communication Services sector posted annual sales growth of 72.49% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is -5.50%. This publicly-traded company’s shares outstanding now amounts to $233.30 million, simultaneously with a float of $153.99 million. The organization now has a market capitalization sitting at $25.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $99.30, while the 200-day Moving Average is $95.77.
Live Nation Entertainment Inc (LYV) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Entertainment Industry. Live Nation Entertainment Inc’s current insider ownership accounts for 33.14%, in contrast to 74.38% institutional ownership. According to the most recent insider trade that took place on Sep 12 ’24, this organization’s President & CFO sold 29,310 shares at the rate of 97.50, making the entire transaction reach 2,857,676 in total value, affecting insider ownership by 566,722. Preceding that transaction, on Sep 12 ’24, Company’s President & CEO sold 98,849 for 97.50, making the whole transaction’s value amount to 9,637,778. This particular insider is now the holder of 3,702,115 in total.
Live Nation Entertainment Inc (LYV) Earnings and Revenue Records
Live Nation Entertainment Inc’s EPS decrease for this current 12-month fiscal period is -5.50% and is forecasted to reach 2.43 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 2.13. Alongside those numbers, its PE Ratio stands at $107.61, 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 1.09. Similarly, its price to free cash flow for trailing twelve months is now 46.70.
In the same vein, LYV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.05, a figure that is expected to reach 1.66 in the next quarter, and analysts are predicting that it will be 2.43 at the market close of one year from today.
Technical Analysis of Live Nation Entertainment Inc (LYV)
If we take a close look at the recent performances of Live Nation Entertainment Inc (NYSE: LYV), its last 5-days Average volume was 1.85 million that shows plunge from its year to date volume of 2.13 million. During the previous 9 days, stock’s Stochastic %D was recorded 89.13% While, its Average True Range was 2.07.
Raw Stochastic average of Live Nation Entertainment Inc (LYV) in the period of the previous 100 days is set at 98.96%, which indicates a major rise in contrast to 97.33% 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 17.14% that was lower than 26.25% volatility it exhibited in the past 100-days period.
