Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Live Nation Entertainment Inc (NYSE: LYV) was $142.16 for the day, down -1.59% from the previous closing price of $144.46. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 3.95 million shares were traded.
Ratios:
Our analysis of LYV’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 47.74 whereas as Long-Term Debt/Eq ratio is at 45.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BofA Securities on September 04, 2024, initiated with a Buy rating and assigned the stock a target price of $125.
Redburn Atlantic Upgraded its Neutral to Buy on May 09, 2024, whereas the target price for the stock was revised from $114 to $115.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 24 ’25 when Rowles Michael sold 63,136 shares for $155.40 per share. The transaction valued at 9,811,334 led to the insider holds 195,346 shares of the business.
Rowles Michael sold 28,828 shares of LYV for $4,243,968 on Feb 25 ’25. The EVP & General Counsel now owns 195,346 shares after completing the transaction at $147.22 per share. On Feb 24 ’25, another insider, Rowles Michael, who serves as the Officer of the company, bought 91,964 shares for $155.00 each.
Valuation Measures:
As of this moment, Live’s Price-to-Earnings (P/E) ratio for their current fiscal year is 52.39, and their Forward P/E ratio for the next fiscal year is 38.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 192.29.
Stock Price History:
Over the past 52 weeks, LYV has reached a high of $157.75, while it has fallen to a 52-week low of $86.81. The 50-Day Moving Average of the stock is 1.66%, while the 200-Day Moving Average is calculated to be 24.82%.
Shares Statistics:
A total of 234.36M shares are outstanding, with a floating share count of 154.33M. Insiders hold about 33.22% of the company’s shares, while institutions hold 74.39% stake in the company.
