A new trading day began on Monday, with Live Nation Entertainment Inc (NYSE: LYV) stock price up 1.76% from the previous day of trading, before settling in for the closing price of $133.77. LYV’s price has ranged from $86.81 to $157.75 over the past 52 weeks.
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
Annual sales at Communication Services sector company grew by 71.43% over the past five years. Meanwhile, its annual earnings per share averaged -18.66%. With a float of $156.50 million, this company’s outstanding shares have now reached $231.75 million.
Let’s look at the performance matrix of the company that is accounted for 16200 employees. In terms of profitability, gross margin is 24.93%, operating margin of 4.31%, and the pretax margin is 3.55%.
Live Nation Entertainment Inc (LYV) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Live Nation Entertainment Inc is 33.15%, while institutional ownership is 73.83%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -18.66% per share during the next fiscal year.
Live Nation Entertainment Inc (NYSE: LYV) Trading Performance Indicators
Here are Live Nation Entertainment Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.96. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 23.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.92, a number that is poised to hit 1.13 in the next quarter and is forecasted to reach 3.03 in one year’s time.
Technical Analysis of Live Nation Entertainment Inc (LYV)
Live Nation Entertainment Inc (NYSE: LYV) saw its 5-day average volume 2.65 million, a positive change from its year-to-date volume of 2.5 million. As of the previous 9 days, the stock’s Stochastic %D was 83.52%. Additionally, its Average True Range was 5.01.
During the past 100 days, Live Nation Entertainment Inc’s (LYV) raw stochastic average was set at 51.80%, which indicates a significant decrease from 91.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.56% in the past 14 days, which was lower than the 35.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $129.55, while its 200-day Moving Average is $121.93. Nevertheless, the first resistance level for the watch stands at $138.26 in the near term. At $140.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $143.41. If the price goes on to break the first support level at $133.10, it is likely to go to the next support level at $130.09. The third support level lies at $127.95 if the price breaches the second support level.
Live Nation Entertainment Inc (NYSE: LYV) Key Stats
With a market capitalization of 31.55 billion, the company has a total of 234,090K Shares Outstanding. Currently, annual sales are 23,156 M while annual income is 896,290 K. The company’s previous quarter sales were 5,682 M while its latest quarter income was 380,220 K.
