Live Nation Entertainment Inc (NYSE: LYV) on Tuesday, soared 0.45% from the previous trading day, before settling in for the closing price of $128.40. Within the past 52 weeks, LYV’s price has moved between $86.81 and $157.75.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 71.43%. The company achieved an average annual earnings per share of 12.50%. With a float of $154.48 million, this company’s outstanding shares have now reached $234.36 million.
Let’s determine the extent of company efficiency that accounts for 16200 employees. In terms of profitability, gross margin is 24.59%, operating margin of 3.58%, and the pretax margin is 3.21%.
Live Nation Entertainment Inc (LYV) Insider Activity
Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of Live Nation Entertainment Inc is 33.16%, while institutional ownership is 74.51%. The most recent insider transaction that took place on Mar 12 ’25, was worth 61,475. In this transaction Director of this company sold 500 shares at a rate of $122.95, taking the stock ownership to the 52,624 shares. Before that another transaction happened on Mar 11 ’25, when Company’s Chief Accounting Officer sold 5,066 for $123.24, making the entire transaction worth $624,334. This insider now owns 10,549 shares in total.
Live Nation Entertainment Inc (LYV) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.50% per share during the next fiscal year.
Live Nation Entertainment Inc (NYSE: LYV) Trading Performance Indicators
Live Nation Entertainment Inc (LYV) is currently performing well based on its current performance indicators. A quick ratio of 0.99 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 28.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.71, a number that is poised to hit -0.27 in the next quarter and is forecasted to reach 3.52 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 2.51 million, which is a drop from its year-to-date volume of 2.53 million. As of the previous 9 days, the stock’s Stochastic %D was 74.85%. Additionally, its Average True Range was 6.09.
During the past 100 days, Live Nation Entertainment Inc’s (LYV) raw stochastic average was set at 35.89%, which indicates a significant decrease from 72.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.84% in the past 14 days, which was higher than the 34.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $134.66, while its 200-day Moving Average is $119.65. However, in the short run, Live Nation Entertainment Inc’s stock first resistance to watch stands at $129.99. Second resistance stands at $131.00. The third major resistance level sits at $131.89. If the price goes on to break the first support level at $128.09, it is likely to go to the next support level at $127.20. Should the price break the second support level, the third support level stands at $126.19.
Live Nation Entertainment Inc (NYSE: LYV) Key Stats
Market capitalization of the company is 29.81 billion based on 233,401K outstanding shares. Right now, sales total 23,156 M and income totals 896,290 K. The company made 5,682 M in profit during its latest quarter, and 380,220 K in sales during its previous quarter.
