Live Nation Entertainment, Inc. with ticker code (LYV) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $128.00 and $85.00 and has a mean share price target at $113.11. (at the time of writing). Now with the previous closing price of $93.83 this indicates there is a potential upside of 20.5%. The 50 day moving average now sits at $90.00 and the 200 moving average now moves to $86.40. The market capitalization for the company is 21.48B. The current share price for the company is: $93.25 USD
The potential market cap would be $25,891,022,548 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 62.17, revenue per share of $92.95 and a 3.86% 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.
