LYV stock: buy or sell?

LYV stock price: $74.02 1.19% At close on February 14th, 2020

Updated on:
February 14th, 2020

4

Shares of Live Nation Entertainment ended on Feb/14 at $74.02 and grew a beatiful 1.19%.

Live Nation Entertainment, Inc. operates as a live entertainment company. The company operates through Concerts, Sponsorship & Advertising, Ticketing, and Artist Nation segments.

Should I buy LYV stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Live Nation Entertainment stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean LYV will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Live Nation Entertainment stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for LYV stock for the last 30 days.

LYV stock analysis

Daily outlook

Shares of Live Nation Entertainment closed on Feb 14th at $74.02 and grew a beatiful 1.19%.

Shares of Live Nation Entertainment grew a beatiful 1.19% and closed at $74.02. Since last December when LYV stock price broke up the SMA200d line, it gained $10.07 (15.75%). Since SMA50d and SMA100d crossed up on Jan/16, LYV price slid a -0.24%. On January 17th, LYV hit new all time highs, pushing higher previous ATH of $74.69 recorded on January 16th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

LYV stock chart (daily)

Weekly outlook

After boosting a brilliant 5.58% in a week last week, Live Nation Entertainment closed this week at $74.02 and escalated a nice 2.53%. Late January LYV collapsed a frightening -5.66% in just one week.

LYV shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $68.01 late January. Previous top ($76.06) will play as a resistance in possible new gains. Not so far away is the last price record Live Nation Entertainment marked by mid January. Last week LYV price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Early January, SMA10w and SMA20w crossed up triggering a rise of 3.32%.

LYV stock chart (weekly)

LYV stock price history

LYV stock went public on December 21st, 2005 with a price of $11.001. Since then, LYV stock grew a 572.90%, with an average of 40.90% per year. If you had invested right after LYV's IPO a $1,000 in LYV stock in 2005, it would worth $5,729.00 today.

1: Adjusted price after possible price splits or reverse-splits.

LYV stock historical price chart

LYV stock reached all-time highs on January/17 with a price of $76.06.

LYV stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Live Nation Entertainment stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, Live Nation Entertainment presented its financial report, posting a nice gain for the Earnings per Share (EPS). Experts were expecting $-0.74 per share, but Live Nation Entertainment posted $-0.82.
LYV earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.29n/a
2017-Q32017-11-020.560.53-5.4%
2017-Q42018-02-27-1.08-1.12n/a
2018-Q12018-05-03-0.29-0.24n/a
2018-Q22018-07-260.190.2426.3%
2018-Q32018-11-010.640.79.4%
2018-Q42019-02-28-0.74-0.82n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Live Nation Entertainment annual turnover boosted an impressive 11.36% to $10,787.80 million dollars from $9,687.22 marked in 2017. Instead, its earnings margin (compared to sales) remained steady to 0.56%, that is $60.25 million.

LYV annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$6,480 M-$-43.38 M-0.7%-
2014$6,867 M5.97%$-90.81 M-1.3%109.33%
2015$7,246 M5.52%$-32.51 M-0.4%-64.20%
2016$8,355 M15.31%$2.94 M0.0%-109.05%
2017$9,687 M15.95%$-6.02 M-0.1%-304.45%
2018$10,788 M11.36%$60 M0.6%-1,101.65%

Quarterly financial results

Live Nation Entertainment reported $2,601.85 M in sales for 2018-Q4, a -32.16% less compared to previous quarter. Reported quarter earnings marked $-147.89 M with a profit margin of -5.68%. Profit margin plummed a -10.19% compared to previous quarter when profit margin was 4.50%. When comparing turnover to same quarter last year, Live Nation Entertainment sales marked a hair-raising loss and collapsed a -12.42%.
LYV quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,820 M-$63 M2.2%-
2017-Q3$3,559 M26.22%$136 M3.8%117.74%
2017-Q4$2,971 M-16.54%$-191 M-6.4%-239.96%
2018-Q1$1,482 M-50.10%$-34 M-2.3%-82.24%
2018-Q2$2,868 M93.49%$69 M2.4%-304.56%
2018-Q3$3,835 M33.71%$173 M4.5%148.97%
2018-Q4$2,602 M-32.16%$-148 M-5.7%-185.64%
2019-Q1$1,728 M-33.59%$-52 M-3.0%-64.54%

Live Nation Entertainment ownership

When you are planning to invest in a stock, it's always worth to check its ownership structure.

Live Nation Entertainment shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 34.59% of all shares.

In case of Live Nation Entertainment stock, 68.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for LYV stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Live Nation Entertainment:

LYV
Market cap$15.8 B
Total shares213.7 M
Float shares152.7 M
  - Institutional holdings (%)68.0%
  - Insider holdings (%)34.6%
Shares in short selling0.0%

LYV summary

Friday, February 14th, 2020
Open$73.37
Close$74.02
Day range$72.93 - $74.18
Previous close$73.15
Session gain1.19%
Average true range$1.53
50d mov avg$71.03
100d mov avg$69.13
200d mov avg$68.38
Daily patternlt02a
Weekly pattern lb03a

Live Nation Entertainment performance

To measure stock performance is always good to benchmark with competitors or related stocks. We chose as the bechmarking frame for Live Nation Entertainment stock.
Stock3m6m12m
LYVLive Nation Enter...13.18%5.22%31.38%

Live Nation Entertainment competitors

Unfortunately, we could not find any public company that could be defined as Live Nation Entertainment competitor. This doesn't mean Live Nation Entertainment does not have any competitor in the market, it's just we could not detected it.