Live Nation Entertainment Inc (NYSE: LYV) is 12.29% higher on its value in year-to-date trading and has touched a low of $86.81 and a high of $157.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LYV stock was last observed hovering at around $142.22 in the last trading session, with the day’s gains setting it 3.2%.
Currently trading at $145.42, the stock is 8.27% and 12.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.43 million and changing 2.25% at the moment leaves the stock 17.55% off its SMA200. LYV registered 52.13% gain for a year compared to 6-month gain of 17.46%.
The stock witnessed a 12.75% loss in the last 1 month and extending the period to 3 months gives it a -4.69%, and is 7.97% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.28% over the week and 2.87% over the month.
Live Nation Entertainment Inc (LYV) has around 16200 employees, a market worth around $33.70B and $22.74B in sales. Current P/E ratio is 49.79 and Fwd P/E is 48.71. Profit margin for the company is 3.05%. Distance from 52-week low is 67.52% and -7.82% from its 52-week high. The company has generated returns on investments over the last 12 months (8.92%).
with sales reaching $6.95B over the same period.The EPS is expected to shrink by -20.38% this year, but quarterly earnings will post 12.32% year-over-year. Quarterly sales are estimated to grow 15.41% in year-over-year returns.
The shares outstanding are 231.75M, and float is at 154.87M with Short Float at 9.28%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.46 million shares valued at $1.73 billion. The investor’s holdings represent 8.029 of the LYV Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.59 million shares valued at $1.27 billion to account for 5.9105 of the shares outstanding. The other top investors are SELECT EQUITY GROUP, L.P. which holds 12.94 million shares representing 5.6283 and valued at over $1.21 billion, while STATE STREET CORP holds 3.8705 of the shares totaling 8.9 million with a market value of $834.21 million.
Live Nation Entertainment Inc (LYV) Insider Activity
The most recent transaction is an insider sale by KAHAN JAMES S, the company’s Director. SEC filings show that KAHAN JAMES S sold 3,410 shares of the company’s common stock on May 12 ’25 at a price of $139.52 per share for a total of $0.48 million. Following the sale, the insider now owns 0.0 shares.
Live Nation Entertainment Inc disclosed in a document filed with the SEC on May 09 ’25 that HINSON JEFFREY T. (Director) sold a total of 3,977 shares of the company’s common stock. The trade occurred on May 09 ’25 and was made at $135.66 per share for $0.54 million. Following the transaction, the insider now directly holds 48522.0 shares of the LYV stock.
Still, SEC filings show that on May 09 ’25, HINSON JEFFREY T. (Director) Proposed Sale 3,977 shares at an average price of $135.66 for $0.54 million. The insider now directly holds shares of Live Nation Entertainment Inc (LYV).
