Stock of the Day

Live Nation Entertainment (LYV)

$143.94

+$3.77 (+2.7%)

Market Cap: $33.36B

About Live Nation Entertainment

Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. 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.

This segment 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 and consumers with marketplace for tickets and event information through mobile apps, other websites, retail outlets, and its primary websites, such as livenation.com and ticketmaster.com; and provides ticket resale services. This segment sells tickets for its events and third-party clients in various live event categories. This segment 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, online, and promotional programs; rich media offering that comprises 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. 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.

Live Nation Entertainment Bull Case

Here are some ways that investors could benefit from investing in Live Nation Entertainment, Inc.:

• The current stock price is around $162, reflecting a strong market interest in the company.
• Live Nation Entertainment, Inc. has a high return on equity of 139.09%, indicating effective management and profitability relative to shareholder equity.
• Recent analyst ratings show a consensus of "Moderate Buy," with many analysts raising their price targets, suggesting positive future performance.
• The company operates in a recovering live entertainment sector, benefiting from pent-up demand for events, which could lead to increased revenues.
• Institutional investors hold a significant portion of the stock, indicating confidence in the company's long-term prospects.

Live Nation Entertainment Bear Case

Investors should be bearish about investing in Live Nation Entertainment, Inc. for these reasons:

• The company reported a revenue decline of 11.0% compared to the same quarter last year, which may raise concerns about its growth trajectory.
• Live Nation Entertainment, Inc. has a high debt-to-equity ratio of 6.10, suggesting that it relies heavily on borrowed funds, which can be risky in volatile markets.
• Recent earnings per share were below expectations, indicating potential challenges in meeting financial targets.
• The net margin of 3.90% is relatively low, which may limit the company's ability to generate profits from its revenues.
• Market volatility could impact the live entertainment industry, affecting ticket sales and overall performance.

Recent News

• Bernstein Begins Coverage of Live Nation Entertainment (LYV) Stock with Outperform Rating (insidermonkey.com)