Live Nation Entertainment, Inc. (LYV) is currently priced at $172.24, showing a decrease of -9.4999 cents (-0.055%) from the previous close of $172.33. The trading volume stands at $557,160, which is 20.34% above the average.
LYV has been on a positive streak for three consecutive days, with a price increase of $12.73 (8%) from the starting price of $159.51.
In the latest earnings report released on Monday, May 4th, LYV reported an EPS of -$0.35088.
Morgan Stanley maintained LYV's grade at "Overweight," with a published price of $162.66. The current recommendation is to "hold."
LYV's cash flow indicates a net increase of $1.98 billion, reaching a total of $9 billion at the end of the period. Operating cash flow stands at $2.34 billion.
LYV generated revenue of $3.79 billion with a gross profit of $1.15 billion. The company reported an operating income of $142.89 million and a net income of -$389.10 million.
Key ratios show a quick ratio of 0.88, gross profit margin of 30.19%, and return on equity of 279.12%.
LYV's total assets amount to $26 billion, with total liabilities at $24.63 billion. The company holds $9 billion in cash and cash equivalents.
This comprehensive analysis provides insights into LYV's recent performance, streak, earnings, grades, financial health, and position in the market.
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 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 provides ticket resale services. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters through websites, mobile apps, and ticket outlets. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, 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. As of December 31, 2021, it owned, operated, or leased 165 entertainment venues in North America and 94 entertainment venues 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.