Live Nation Entertainment, Inc. with ticker code (LYV) now have 16 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 124 and 85 with the average target price sitting at $109.63. Given that the stocks previous close was at $84.39 and the analysts are correct then there would likely be a percentage uptick in value of 29.9%. There is a 50 day moving average of $89.99 and the 200 day moving average is $77.47. The company has a market capitalization of 19.32B. The stock price for the company is currently is currently 83.96 USD
The potential market cap would be $25,102,890,092 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 75.64, revenue per share of 84.47 and a 3.21% 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.
