Live Nation Entertainment Stock Today

LYV Stock  USD 105.77  1.04  0.97%   

Performance

10 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 22

 
100  
 
Zero
Low
Live Nation is selling for under 105.77 as of the 29th of March 2024; that is -0.97 percent decrease since the beginning of the trading day. The stock's lowest day price was 105.48. Live Nation has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat ok performance during the last 90 days. Equity ratings for Live Nation Entertainment are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of February 2024 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Media & Entertainment
IPO Date
21st of December 2005
Category
Communication Services
Live Nation Entertainment, Inc. operates as a live entertainment company. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California. Live Nation operates under Entertainment classification in the United States and is traded on New York Stock Exchange. The company has 230.8 M outstanding shares of which 13.97 M shares are now shorted by investors with about 5.1 days to cover. More on Live Nation Entertainment

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Live Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Live Nation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Live Nation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOMichael Rapino
Thematic IdeaEntertainment (View all Themes)
Business ConcentrationMovies & Entertainment, Media & Entertainment, Communication Services, NYSE Composite, SP 500 Index, Entertainment, Communication Services, Entertainment, Entertainment, Communication Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Live Nation report their recommendations after researching Live Nation's financial statements, talking to executives and customers, or listening in on Live Nation's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Live Nation Entertainment. The Live consensus assessment is calculated by taking the average forecast from all of the analysts covering Live Nation.
Live Nation's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Live Nation's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Live Nation's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Live Nation's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Live Nation's financial leverage. It provides some insight into what part of Live Nation's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Live Nation's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Live Nation deploys its capital and how much of that capital is borrowed.
Liquidity
Live Nation cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 8.44 B in debt. Live Nation Entertainment has a current ratio of 0.97, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Live Nation until it has trouble settling it off, either with new capital or with free cash flow. So, Live Nation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Live Nation Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Live to invest in growth at high rates of return. When we think about Live Nation's use of debt, we should always consider it together with cash and equity.

Net Income

771.03 Million
Live Nation Entertainment (LYV) is traded on New York Stock Exchange in USA. It is located in 9348 Civic Center Drive, Beverly Hills, CA, United States, 90210 and employs 14,700 people. Live Nation is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 24.65 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Live Nation's market, we take the total number of its shares issued and multiply it by Live Nation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Live Nation Entertainment runs under Entertainment sector within Communication Services industry. The entity has 230.8 M outstanding shares of which 13.97 M shares are now shorted by investors with about 5.1 days to cover. Live Nation Entertainment has about 5.61 B in cash with 1.37 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.08.
Check Live Nation Probability Of Bankruptcy
Ownership Allocation
Live Nation Entertainment holds a total of 230.8 Million outstanding shares. The majority of Live Nation outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Live Nation Entertainment to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Live Nation Entertainment. Please pay attention to any change in the institutional holdings of Live Nation as this could imply that something significant has changed or is about to change at the company. Also note that almost eighteen million four hundred sixty-three thousand eight hundred fourty invesors are currently shorting Live Nation expressing very little confidence in its future performance.
Check Live Ownership Details

Live Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Live Nation jumping above the current price in 90 days from now is under 4%. The Live Nation Entertainment probability density function shows the probability of Live Nation stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3277. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Live Nation will likely underperform. Additionally, live Nation Entertainment has an alpha of 0.0557, implying that it can generate a 0.0557 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 105.77HorizonTargetOdds Above 105.77
96.88%90 days
 105.77 
3.09%
Based on a normal probability distribution, the odds of Live Nation to move above the current price in 90 days from now is under 4 (This Live Nation Entertainment probability density function shows the probability of Live Stock to fall within a particular range of prices over 90 days) .

Live Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Live Nation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Live Nation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Live Nation's value.
InstituionRecorded OnShares
Amundi2023-12-31
3.2 M
Findlay Park Partners Llp2023-12-31
M
Cantillon Capital Management Llc2023-12-31
2.7 M
Norges Bank2023-12-31
2.7 M
Goldman Sachs Group Inc2023-12-31
2.4 M
Amvescap Plc.2023-12-31
2.3 M
Artisan Partners Limited Partnership2023-12-31
2.2 M
Ci Investments Inc2023-12-31
1.5 M
Jericho Capital Asset Management Lp2023-12-31
1.5 M
Vanguard Group Inc2023-12-31
18 M
Blackrock Inc2023-12-31
13.3 M
View Live Nation Diagnostics

Live Nation Historical Income Statement

Live Nation Entertainment Income Statement is one of the three primary financial statements used for reporting Live's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Live Nation Entertainment revenue and expense. Live Nation Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Live Nation's Income Before Tax is fairly stable compared to the past year. Net Income is likely to climb to about 591.4 M in 2024, whereas Total Other Income Expense Net is likely to drop (47.6 M) in 2024. View More Fundamentals

Live Stock Against Markets

Picking the right benchmark for Live Nation stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Live Nation stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Live Nation is critical whether you are bullish or bearish towards Live Nation Entertainment at a given time. Please also check how Live Nation's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Live Nation without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Live Nation Corporate Directors

Live Nation corporate directors refer to members of a Live Nation board of directors. The board of directors generally takes responsibility for the Live Nation's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Live Nation's board members must vote for the resolution. The Live Nation board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ariel EmanuelIndependent DirectorProfile
Dana WaldenIndependent DirectorProfile
Ari EmanuelIndependent DirectorProfile
Randall MaysIndependent DirectorProfile

How to buy Live Stock?

Before investing in Live Nation, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Live Nation. To buy Live Nation stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Live Nation. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Live Nation stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Live Nation Entertainment stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Live Nation Entertainment stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Live Nation Entertainment, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Live Stock please use our How to Invest in Live Nation guide.

Already Invested in Live Nation Entertainment?

The danger of trading Live Nation Entertainment is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Live Nation is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Live Nation. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Live Nation Entertainment is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Live Nation Entertainment is a strong investment it is important to analyze Live Nation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Live Nation's future performance. For an informed investment choice regarding Live Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Live Nation Entertainment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Live Stock analysis

When running Live Nation's price analysis, check to measure Live Nation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.
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Is Live Nation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Live Nation. If investors know Live will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Live Nation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.281
Earnings Share
1.37
Revenue Per Share
99.502
Quarterly Revenue Growth
0.361
Return On Assets
0.0384
The market value of Live Nation Entertainment is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Nation's value that differs from its market value or its book value, called intrinsic value, which is Live Nation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Live Nation's market value can be influenced by many factors that don't directly affect Live Nation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Live Nation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Nation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Nation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.