Live Nation Entertainment Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $81.49
- Today's High:
- $82.32
- Open Price:
- $82.07
- 52W Low:
- $64.25
- 52W High:
- $101.74
- Prev. Close:
- $82.58
- Volume:
- 1376284
Company Statistics
- Market Cap.:
- $19.01 billion
- Book Value:
- -0.822
- Revenue TTM:
- $19.20 billion
- Operating Margin TTM:
- 4.85%
- Gross Profit TTM:
- $4.34 billion
- Profit Margin:
- 2.34%
- Return on Assets TTM:
- 3.21%
- Return on Equity TTM:
- 70.18%
Company Profile
Live Nation Entertainment Inc had its IPO on 2005-12-21 under the ticker symbol LYV.
The company operates in the Communication Services sector and Entertainment industry. Live Nation Entertainment Inc has a staff strength of 12,800 employees.
Stock update
Shares of Live Nation Entertainment Inc opened at $82.07 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $81.49 - $82.32, and closed at $81.65.
This is a -1.13% slip from the previous day's closing price.
A total volume of 1,376,284 shares were traded at the close of the day’s session.
In the last one week, shares of Live Nation Entertainment Inc have slipped by -2.86%.
Live Nation Entertainment Inc's Key Ratios
Live Nation Entertainment Inc has a market cap of $19.01 billion, indicating a price to book ratio of 31.0069 and a price to sales ratio of 1.0743.
In the last 12-months Live Nation Entertainment Inc’s revenue was $19.20 billion with a gross profit of $4.34 billion and an EBITDA of $1.42 billion. The EBITDA ratio measures Live Nation Entertainment Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Live Nation Entertainment Inc’s operating margin was 4.85% while its return on assets stood at 3.21% with a return of equity of 70.18%.
In Q2, Live Nation Entertainment Inc’s quarterly earnings growth was a positive 53.4% while revenue growth was a positive 27%.
Live Nation Entertainment Inc’s PE and PEG Ratio
- Forward PE
- 66.6667
- Trailing PE
- 73.7322
- PEG
- 2.65
Its diluted EPS in the last 12-months stands at $1.12 per share while it has a forward price to earnings multiple of 66.6667 and a PEG multiple of 2.65. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Live Nation Entertainment Inc’s profitability.
Live Nation Entertainment Inc stock is trading at a EV to sales ratio of 1.2916 and a EV to EBITDA ratio of 16.5014. Its price to sales ratio in the trailing 12-months stood at 1.0743.
Live Nation Entertainment Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $19.93 billion
- Total Liabilities
- $10.02 billion
- Operating Cash Flow
- $-239417000.00
- Capital Expenditure
- $120.73 million
- Dividend Payout Ratio
- 0%
Live Nation Entertainment Inc ended 2024 with $19.93 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $19.93 billion while shareholder equity stood at $-187377000.00.
Live Nation Entertainment Inc ended 2024 with $0 in deferred long-term liabilities, $10.02 billion in other current liabilities, 2291000.00 in common stock, $-2680716000.00 in retained earnings and $2.62 billion in goodwill. Its cash balance stood at $7.13 billion and cash and short-term investments were $7.13 billion. The company’s total short-term debt was $198,420,000 while long-term debt stood at $6.55 billion.
Live Nation Entertainment Inc’s total current assets stands at $10.78 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $1.89 billion compared to accounts payable of $1.96 billion and inventory worth $1.64 billion.
In 2024, Live Nation Entertainment Inc's operating cash flow was $-239417000.00 while its capital expenditure stood at $120.73 million.
Comparatively, Live Nation Entertainment Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $81.65
- 52-Week High
- $101.74
- 52-Week Low
- $64.25
- Analyst Target Price
- $109.63
Live Nation Entertainment Inc stock is currently trading at $81.65 per share. It touched a 52-week high of $101.74 and a 52-week low of $101.74. Analysts tracking the stock have a 12-month average target price of $109.63.
Its 50-day moving average was $88.48 and 200-day moving average was $78.26 The short ratio stood at 4.54 indicating a short percent outstanding of 0%.
Around 3226.3% of the company’s stock are held by insiders while 7161.2% are held by institutions.
Frequently Asked Questions About Live Nation Entertainment Inc
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About
Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as through other websites, mobile apps, retail outlets, and call centers; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories; offers ticketing services for arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage and promotional programs; rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. It owns, operates, or leases entertainment venues in North America and internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.