Live Nation Entertainment, Inc. which can be found using ticker (LYV) now have 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 with the average share target price sitting at $113.11. (at the time of writing). Given that the stocks previous close was at $89.11 and the analysts are correct then we can expect a percentage increase in value of 26.9%. It’s also worth noting that there is a 50 day moving average of $89.16 while the 200 day moving average is $84.88. The company has a market capitalization of 20.44B. The stock price is currently at: $88.73 USD
The potential market cap would be $25,940,965,555 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 59.15, 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.
