Live Nation Entertainment, Inc. with ticker code (LYV) now have 19 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $132.00 and $90.00 with the average target price sitting at $119.04. Now with the previous closing price of $97.02 and the analysts are correct then we can expect a percentage increase in value of 22.7%. The 50 day MA is $98.55 and the 200 moving average now moves to $89.72. The company has a market cap of 22.12B. The stock price for the company is currently $95.59 USD
The potential market cap would be $27,144,895,043 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 87.7, revenue per share of $102.30 and a 3.53% return on assets.
Live Nation Entertainment, Inc. is a live entertainment ticketing, sales, and marketing company. The Company is a producer of live music concerts. The Company operates through three segments: Concerts, Ticketing, and Sponsorship & Advertising. Concerts segment principally involves in the global promotion of live music events in the Company’s owned or operated venues and in rented third-party venues. Ticketing segment is primarily an agency business that sells tickets for events on behalf of its clients and retains a portion of the service charge as its fee. Sponsorship & Advertising segment employs a sales force that creates and maintains relationships with sponsors through a combination of strategic, international, national and local opportunities that allow businesses to reach customers through its concert, festival, venue and ticketing assets, including advertising on its websites.
