1 week Ago By Defense World Staff
Shares of Live Nation Entertainment, Inc. ( NYSE:LYV – Get Free Report ) have earned an average recommendation of “Moderate Buy” from the sixteen ratings firms that are currently covering the firm, Marketbeat.com reports.
One research analyst has rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $145.40.
Several equities analysts recently commented on LYV shares. TD Cowen upped their price target on shares of Live Nation Entertainment from $108.00 to $145.
00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. The Goldman Sachs Group upped their price objective on Live Nation Entertainment from $132.00 to $148.
00 and gave the stock a “buy” rating in a report on Wednesday, November 13th. Bank of America lifted their target price on Live Nation Entertainment from $125.00 to $149.
00 and gave the company a “buy” rating in a report on Thursday, November 14th. Macquarie upped their price target on Live Nation Entertainment from $130.00 to $146.
00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. Finally, Evercore ISI lifted their price objective on Live Nation Entertainment from $110.00 to $150.
00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Get Our Latest Stock Analysis on Live Nation Entertainment Institutional Inflows and Outflows Live Nation Entertainment Stock Performance Shares of NYSE LYV opened at $140.68 on Friday.
The company has a 50-day simple moving average of $134.60 and a 200-day simple moving average of $114.96.
The company has a debt-to-equity ratio of 6.10, a current ratio of 1.01 and a quick ratio of 1.
01. The company has a market cap of $32.69 billion, a PE ratio of 149.
66, a price-to-earnings-growth ratio of 1.61 and a beta of 1.38.
Live Nation Entertainment has a 12 month low of $86.67 and a 12 month high of $141.18.
Live Nation Entertainment ( NYSE:LYV – Get Free Report ) last posted its quarterly earnings data on Monday, November 11th. The company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.
58 by $0.08. Live Nation Entertainment had a return on equity of 77.
62% and a net margin of 2.11%. The business had revenue of $7.
65 billion for the quarter, compared to analysts’ expectations of $7.75 billion. During the same quarter last year, the firm earned $1.
78 earnings per share. The business’s revenue was down 6.2% on a year-over-year basis.
On average, equities analysts anticipate that Live Nation Entertainment will post 1.02 earnings per share for the current year. Live Nation Entertainment Company Profile ( Get Free Report Live Nation Entertainment, Inc operates as a live entertainment company worldwide.
It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.
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