LYV stock: buy or sell?
Updated on:
February 14th, 2020
4
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 setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
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.
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 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.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 0.29 | n/a |
| 2017-Q3 | 2017-11-02 | 0.56 | 0.53 | -5.4% |
| 2017-Q4 | 2018-02-27 | -1.08 | -1.12 | n/a |
| 2018-Q1 | 2018-05-03 | -0.29 | -0.24 | n/a |
| 2018-Q2 | 2018-07-26 | 0.19 | 0.24 | 26.3% |
| 2018-Q3 | 2018-11-01 | 0.64 | 0.7 | 9.4% |
| 2018-Q4 | 2019-02-28 | -0.74 | -0.82 | n/a |
| 2019-Q1 | - | n/a | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/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.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2013 | $6,480 M | - | $-43.38 M-0.7% | - |
| 2014 | $6,867 M | 5.97% | $-90.81 M-1.3% | 109.33% |
| 2015 | $7,246 M | 5.52% | $-32.51 M-0.4% | -64.20% |
| 2016 | $8,355 M | 15.31% | $2.94 M0.0% | -109.05% |
| 2017 | $9,687 M | 15.95% | $-6.02 M-0.1% | -304.45% |
| 2018 | $10,788 M | 11.36% | $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%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q2 | $2,820 M | - | $63 M2.2% | - |
| 2017-Q3 | $3,559 M | 26.22% | $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 M | 93.49% | $69 M2.4% | -304.56% |
| 2018-Q3 | $3,835 M | 33.71% | $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 shares | 213.7 M |
| Float shares | 152.7 M |
| - Institutional holdings (%) | 68.0% |
| - Insider holdings (%) | 34.6% |
| Shares in short selling | 0.0% |
LYV summary
| Friday, February 14th, 2020 | |
|---|---|
| Open | $73.37 |
| Close | $74.02 |
| Day range | $72.93 - $74.18 |
| Previous close | $73.15 |
| Session gain | 1.19% |
| Average true range | $1.53 |
| 50d mov avg | $71.03 |
| 100d mov avg | $69.13 |
| 200d mov avg | $68.38 |
| Daily pattern | lt02a |
| 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.| Stock | 3m | 6m | 12m |
|---|---|---|---|
| LYVLive Nation Enter... | 13.18% | 5.22% | 31.38% |