Is Live Nation Stock a Good Investment?
Live Nation Investment Advice | LYV |
- Examine Live Nation's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Live Nation's leadership team and their track record. Good management can help Live Nation navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Movies & Entertainment space and any emerging trends that could impact Live Nation's business and its evolving consumer preferences.
- Compare Live Nation's performance and market position to its competitors. Analyze how Live Nation is positioned in terms of product offerings, innovation, and market share.
- Check if Live Nation pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Live Nation's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Live Nation Entertainment stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Live Nation Entertainment is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Very Strong | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Live Nation Stock
Researching Live Nation's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 32.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years.
To determine if Live Nation is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Live Nation's research are outlined below:
| Live is showing solid risk-adjusted performance over 90 days | |
| Live Nation Entertainment has 8.44 B in debt. Live Nation Entertainment has a current ratio of 0.97, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Live to invest in growth at high rates of return. | |
| Over 76.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Disposition of 13690 shares by John Hopmans of Live Nation at 140.54 subject to Rule 16b-3 |
Live Nation Quarterly Good Will |
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Live Nation uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Live Nation Entertainment. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Live Nation's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Live Nation's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Live Nation's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2012-11-05 | 2012-09-30 | 0.28 | 0.31 | 0.03 | 10 | ||
2014-07-31 | 2014-06-30 | 0.15 | 0.11 | -0.04 | 26 | ||
2011-11-03 | 2011-09-30 | 0.38 | 0.34 | -0.04 | 10 | ||
2010-11-04 | 2010-09-30 | 0.36 | 0.32 | -0.04 | 11 | ||
2018-07-26 | 2018-06-30 | 0.19 | 0.24 | 0.05 | 26 | ||
2018-05-03 | 2018-03-31 | -0.29 | -0.24 | 0.05 | 17 | ||
2016-07-28 | 2016-06-30 | 0.08 | 0.13 | 0.05 | 62 | ||
2015-10-29 | 2015-09-30 | 0.43 | 0.38 | -0.05 | 11 |
Know Live Nation's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Live Nation is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Live Nation Entertainment backward and forwards among themselves. Live Nation's institutional investor refers to the entity that pools money to purchase Live Nation's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Vulcan Value Partners, Llc | 2024-09-30 | 2.5 M | Jericho Capital Asset Management Lp | 2024-09-30 | 2.4 M | Third Point, Llc | 2024-09-30 | 2.3 M | Artisan Partners Limited Partnership | 2024-09-30 | 2.3 M | Findlay Park Partners Llp | 2024-09-30 | 2.1 M | Amvescap Plc. | 2024-06-30 | 1.9 M | Norges Bank | 2024-06-30 | 1.9 M | D1 Capital Partners L.p. | 2024-09-30 | 1.8 M | Barclays Plc | 2024-06-30 | 1.6 M | Vanguard Group Inc | 2024-09-30 | 19.2 M | Blackrock Inc | 2024-06-30 | 13.6 M |
Live Nation's market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 32.22 B.Market Cap |
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Live Nation's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.12 | 0.12 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | (32.85) | (31.21) |
Determining Live Nation's profitability involves analyzing its financial statements and using various financial metrics to determine if Live Nation is a good buy. For example, gross profit margin measures Live Nation's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Live Nation's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Live Nation's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Live Nation Entertainment. Check Live Nation's Beneish M Score to see the likelihood of Live Nation's management manipulating its earnings.
Evaluate Live Nation's management efficiency
Live Nation Entertainment has Return on Asset of 0.0319 % which means that on every $100 spent on assets, it made $0.0319 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3581 %, implying that it generated $0.3581 on every 100 dollars invested. Live Nation's management efficiency ratios could be used to measure how well Live Nation manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Live Nation's Return On Tangible Assets are fairly stable compared to the past year. Return On Capital Employed is likely to climb to 0.12 in 2024, despite the fact that Return On Equity is likely to grow to (31.21). At this time, Live Nation's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 10 B in 2024, whereas Intangible Assets are likely to drop slightly above 980.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.48 | 11.43 | |
| Tangible Book Value Per Share | (12.03) | (11.43) | |
| Enterprise Value Over EBITDA | 12.79 | 12.15 | |
| Price Book Value Ratio | -1.2 K | -1.2 K | |
| Enterprise Value Multiple | 12.79 | 12.15 | |
| Price Fair Value | -1.2 K | -1.2 K | |
| Enterprise Value | 16 B | 16.8 B |
The strategic vision of Live Nation Entertainment management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Beta 1.334 |
Basic technical analysis of Live Stock
As of the 30th of November, Live Nation secures the Downside Deviation of 1.1, risk adjusted performance of 0.2814, and Mean Deviation of 1.09. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Live Nation Entertainment, as well as the relationship between them. Please verify Live Nation Entertainment jensen alpha and semi variance to decide if Live Nation Entertainment is priced some-what accurately, providing market reflects its recent price of 138.25 per share. Given that Live Nation Entertainment has jensen alpha of 0.4083, we recommend you to check Live Nation's last-minute market performance to make sure the company can sustain itself at a future point.Live Nation's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Live Nation insiders, such as employees or executives, is commonly permitted as long as it does not rely on Live Nation's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Live Nation insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Michael Rapino over two months ago Disposition of 150000 shares by Michael Rapino of Live Nation at 25.33 subject to Rule 16b-3 | ||
Jeffrey Hinson over two months ago Disposition of 5640 shares by Jeffrey Hinson of Live Nation at 95.18 subject to Rule 16b-3 | ||
Jeffrey Hinson over three months ago Disposition of 1500 shares by Jeffrey Hinson of Live Nation at 94.11 subject to Rule 16b-3 | ||
John Hopmans over three months ago Disposition of 14740 shares by John Hopmans of Live Nation at 95.88 subject to Rule 16b-3 | ||
Ping Fu over three months ago Disposition of 2000 shares by Ping Fu of Live Nation subject to Rule 16b-3 | ||
Michael Rapino over six months ago Disposition of 230803 shares by Michael Rapino of Live Nation subject to Rule 16b-3 | ||
Brian Capo over six months ago Disposition of 224 shares by Brian Capo of Live Nation at 92.17 subject to Rule 16b-3 | ||
Willard Elizabeth Kathleen over a year ago Payment of 6042 shares by Willard Elizabeth Kathleen of Live Nation subject to Rule 16b-3 |
Live Nation's Outstanding Corporate Bonds
Live Nation issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Live Nation Entertainment uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Live bonds can be classified according to their maturity, which is the date when Live Nation Entertainment has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Live Nation Entertainment Corp BondUS538034AR08 | View | |
| US538034AX75 Corp BondUS538034AX75 | View | |
| Live Nation Entertainment Corp BondUS538034AV10 | View | |
| Live Nation Entertainment Corp BondUS538034AN93 | View |
Understand Live Nation's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Live Nation's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2814 | |||
| Market Risk Adjusted Performance | 0.5322 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.5657 | |||
| Downside Deviation | 1.1 | |||
| Coefficient Of Variation | 276.57 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.32 | |||
| Information Ratio | 0.2712 | |||
| Jensen Alpha | 0.4083 | |||
| Total Risk Alpha | 0.2863 | |||
| Sortino Ratio | 0.3752 | |||
| Treynor Ratio | 0.5222 | |||
| Maximum Drawdown | 9.16 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 2.7 | |||
| Downside Variance | 1.21 | |||
| Semi Variance | 0.32 | |||
| Expected Short fall | (1.36) | |||
| Skewness | 1.3 | |||
| Kurtosis | 4.78 |
| Risk Adjusted Performance | 0.2814 | |||
| Market Risk Adjusted Performance | 0.5322 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 0.5657 | |||
| Downside Deviation | 1.1 | |||
| Coefficient Of Variation | 276.57 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.32 | |||
| Information Ratio | 0.2712 | |||
| Jensen Alpha | 0.4083 | |||
| Total Risk Alpha | 0.2863 | |||
| Sortino Ratio | 0.3752 | |||
| Treynor Ratio | 0.5222 | |||
| Maximum Drawdown | 9.16 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 2.7 | |||
| Downside Variance | 1.21 | |||
| Semi Variance | 0.32 | |||
| Expected Short fall | (1.36) | |||
| Skewness | 1.3 | |||
| Kurtosis | 4.78 |
Consider Live Nation's intraday indicators
Live Nation intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Live Nation stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 13555.81 | |||
| Daily Balance Of Power | (0.81) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 139.01 | |||
| Day Typical Price | 138.76 | |||
| Price Action Indicator | (1.50) | |||
| Period Momentum Indicator | (1.48) | |||
| Relative Strength Index | 69.62 |
Live Nation Corporate Filings
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 12th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 2nd of October 2024 Other Reports | ViewVerify |
Live Stock media impact
Far too much social signal, news, headlines, and media speculation about Live Nation that are available to investors today. That information is available publicly through Live media outlets and privately through word of mouth or via Live internal channels. However, regardless of the origin, that massive amount of Live data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Live Nation news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Live Nation relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Live Nation's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Live Nation alpha.
Live Nation Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Live Nation can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Live Nation Entertainment Historical Investor Sentiment
Investor biases related to Live Nation's public news can be used to forecast risks associated with an investment in Live. The trend in average sentiment can be used to explain how an investor holding Live can time the market purely based on public headlines and social activities around Live Nation Entertainment. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Live Nation's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Live Nation and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Live Nation news discussions. The higher the estimate score, the more favorable the investor's outlook on Live Nation.
Live Nation Corporate Directors
| Dana Walden | Independent Director | Profile | |
| Ari Emanuel | Independent Director | Profile | |
| Randall Mays | Independent Director | Profile | |
| James Kahan | Independent Director | Profile |
Additional Tools for Live Stock Analysis
When running Live Nation's price analysis, check to measure Live Nation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.