Wall Street brokerage firms that regularly cover the stock have provided price targets and recommendations on Live Nation Entertainment, Inc. Therefore 83% are positive. Goldman Sachs initiated Live Nation Entertainment, Inc. BidaskClub upgraded Live Nation Entertainment from a "buy" rating to a "strong-buy" rating in a research report on Sunday, July 16th. Equity research analysts have given opinions on where they foresees the stock level. The consensus rating is 2.4, suggesting the market has given up on the stock. The firm earned "Buy" rating on Wednesday, October 12 by Citigroup. Live Nation Entertainment, Inc. has a 52 week low of $25.56 and a 52 week high of $38.00. (NYSE:LYV) or 3,160 shares. On Thursday, October 6 the stock rating was initiated by Stephens with "Equal-Weight". Macquarie upped their price target on shares of Live Nation Entertainment from $34.00 to $37.00 and gave the stock a "buy" rating in a report on Monday, April 24th. Live Nation Entertainment, Inc.
12/08/2015 - Live Nation Entertainment, Inc. had its "overweight" rating reiterated by analysts at Albert Fried & Company.
Since February 8, 2017, it had 0 buys, and 5 insider sales for $1.64 million activity.
In related news, CFO Elizabeth Kathleen Willard sold 20,000 shares of Live Nation Entertainment stock in a transaction on Tuesday, June 6th. Sell-side analyst recommendations point to a short term price target of $5.58 on the company shares. They now have a Dollars 35 price target on the stock. Live Nation's ongoing success in growing its high-margin sponsorship & advertising business is based on its unique scale and breadth in the live experience space. The company has market cap of $8.44 billion.
Revenue breakout: Concerts, $2.25B (up 34%); Sponsorship and Advertising, $124.6M (up 31%); Ticketing, $484.6M (up 9%); other, -$40.4M. It now has negative earnings.
The company boasts its achievements in the concert world, stating that they sold over 68 million tickets in the first half of this year which is a 12 million increase from 2016. This increase is typical for the uptrend and shows the considerable optimism among investors. Its up 0.57, from 0.83 in 2016Q3. 45 funds opened positions while 96 raised stakes. For shareholders, given the total diluted outstanding shares of 203.73 million, this means overall earnings per share of -0.22. 19,578 are owned by Commonwealth Of Pennsylvania School Empls Retrmt. Advsr Asset Management reported 10,436 shares. Moreover, Meeder Asset Mngmt has 0% invested in Live Nation Entertainment, Inc. (NYSE:LYV) higher to the next line of resistance at $38.28 a share. Evercore Wealth Mngmt Ltd Liability Com invested in 0.01% or 5,063 shares. Dimensional Fund Advsr L P has 0.02% invested in Live Nation Entertainment, Inc. KAHAN JAMES S sold $340,100 worth of Live Nation Entertainment, Inc. (NYSE:LYV) for 647,314 shares. Nationwide Fund Advsr owns 522,235 shares. More interesting news about Live Nation Entertainment, Inc. (NYSE:LYV) for 1.60M shares.
The figures for the period ending June 30 also reveal that operating income was up 53% to $113 million (£87 million) compared to the same three months in 2016. Tiaa Cref Investment Management LLC claims 947,000 shares worth $33,003,000. Northcoast downgraded Live Nation Entertainment, Inc. (NYSE:LYV) for 474,292 shares. Gsa Cap Prns Limited Liability Partnership owns 0.03% invested in Live Nation Entertainment, Inc. (NYSE:LYV) moved to around 0.92. It has outperformed by 35.48% the S&P500.
In the last earnings report the EPS was $-0.17 and is projected to be $0.14 for the current year with 204,449,000 shares now outstanding.
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