Live Nation Entertainment, Inc. which can be found using ticker (LYV) now have 18 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $132.00 and $90.00 calculating the mean target price we have $117.14. Now with the previous closing price of $90.43 this indicates there is a potential upside of 29.5%. Also worth taking note is the 50 day moving average now sits at $93.89 and the 200 day MA is $90.72. The market cap for the company is 21.28B. The stock price for the company is currently is currently $91.94 USD
The potential market cap would be $27,563,939,109 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 84.35, 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.
