On Friday, Live Nation Entertainment Inc (NYSE: LYV) was -1.06% drop from the session before settling in for the closing price of $139.73. A 52-week range for LYV has been $81.38 – $141.18.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 72.49%. When this article was written, the company’s average yearly earnings per share was at -17.22%. With a float of $154.26 million, this company’s outstanding shares have now reached $233.30 million.
Let’s determine the extent of company efficiency that accounts for 14700 employees. In terms of profitability, gross margin is 24.27%, operating margin of 4.24%, and the pretax margin is 3.87%.
Live Nation Entertainment Inc (LYV) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Live Nation Entertainment Inc stocks. The insider ownership of Live Nation Entertainment Inc is 32.97%, while institutional ownership is 75.23%. The most recent insider transaction that took place on Sep 12 ’24, was worth 2,857,676. In this transaction President & CFO of this company sold 29,310 shares at a rate of $97.50, taking the stock ownership to the 566,722 shares. Before that another transaction happened on Sep 12 ’24, when Company’s President & CEO sold 98,849 for $97.50, making the entire transaction worth $9,637,778. This insider now owns 3,702,115 shares in total.
Live Nation Entertainment Inc (LYV) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -1.02 earnings per share (EPS) during the time that was less than consensus figure (set at -0.94) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -17.22% per share during the next fiscal year.
Live Nation Entertainment Inc (NYSE: LYV) Trading Performance Indicators
You can see what Live Nation Entertainment Inc (LYV) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.35. Likewise, its price to free cash flow for the trailing twelve months is 47.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.93, a number that is poised to hit -1.08 in the next quarter and is forecasted to reach 2.57 in one year’s time.
Technical Analysis of Live Nation Entertainment Inc (LYV)
Looking closely at Live Nation Entertainment Inc (NYSE: LYV), its last 5-days average volume was 2.07 million, which is a drop from its year-to-date volume of 2.18 million. As of the previous 9 days, the stock’s Stochastic %D was 84.92%. Additionally, its Average True Range was 2.84.
During the past 100 days, Live Nation Entertainment Inc’s (LYV) raw stochastic average was set at 94.56%, which indicates a significant increase from 84.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.55% in the past 14 days, which was higher than the 24.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $119.66, while its 200-day Moving Average is $101.85. However, in the short run, Live Nation Entertainment Inc’s stock first resistance to watch stands at $139.42. Second resistance stands at $140.59. The third major resistance level sits at $141.25. If the price goes on to break the first support level at $137.59, it is likely to go to the next support level at $136.93. Now, if the price goes above the second support level, the third support stands at $135.76.
Live Nation Entertainment Inc (NYSE: LYV) Key Stats
There are 232,354K outstanding shares of the company, which has a market capitalization of 31.54 billion. As of now, sales total 22,749 M while income totals 315,840 K. Its latest quarter income was 7,651 M while its last quarter net income were 397,270 K.
