Live Nation Entertainment, Inc. with ticker code (LYV) now have 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 115 and 75 calculating the mean target price we have $100.00. Given that the stocks previous close was at $91.11 and the analysts are correct then we can expect a percentage increase in value of 9.8%. There is a 50 day moving average of $80.70 while the 200 day moving average is $75.56. The company has a market capitalization of 21.09B. The stock price is currently at: 91.75 USD
The potential market cap would be $23,150,586,605 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 117.63, revenue per share of 79.54 and a 3.13% 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.
