Live Nation Entertainment Inc (LYV) concluded trading on Wednesday at a closing price of $122.92, with 4.23 million shares of worth about $520.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 29.66% during that period and on March 12, 2025 the price saw a gain of about 1.05%. Currently the company’s common shares owned by public are about 234.36M shares, out of which, 154.30M shares are available for trading.
Stock saw a price change of -10.17% in past 5 days and over the past one month there was a price change of -16.55%. Year-to-date (YTD), LYV shares are showing a performance of -5.08% which increased to 23.24% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $86.81 but also hit the highest price of $157.75 during that period. The average intraday trading volume for Live Nation Entertainment Inc shares is 2.13 million. The stock is currently trading -13.28% below its 20-day simple moving average (SMA20), while that difference is down -11.89% for SMA50 and it goes to 6.30% higher than SMA200.
Live Nation Entertainment Inc (NYSE: LYV) currently have 234.36M outstanding shares and institutions hold larger chunk of about 74.41% of that.
The stock has a current market capitalization of $28.41B and its 3Y-monthly beta is at 1.34. PE ratio of stock for trailing 12 months is 45.30, while it has posted earnings per share of $2.71 in the same period. Its PEG reads 2.64 and has Quick Ratio of 0.99 while making debt-to-equity ratio of 47.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LYV, volatility over the week remained 4.75% while standing at 3.72% over the month.
Stock’s fiscal year EPS is expected to rise by 20.14% while it is estimated to increase by 11.33% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on September 04, 2024 offering a Buy rating for the stock and assigned a target price of $125 to it. On May 09, 2024, Redburn Atlantic Upgrade their recommendations, while on April 30, 2024, Deutsche Bank Initiated their ratings for the stock with a price target of $120. Stock get a Buy rating from ROTH MKM on January 12, 2024.
