Live Nation Entertainment Stock Buy Hold or Sell Recommendation
| LYV Stock | USD 89.64 2.18 2.37% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Live Nation Entertainment is 'Strong Hold'. Macroaxis provides Live Nation buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LYV positions. The advice algorithm takes into account all of Live Nation's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Live Nation's buy or sell advice are summarized below:
Real Value 101.07 | Target Price 108.76 | Hype Value 89.63 | Market Value 89.64 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Live Nation Entertainment given historical horizon and risk tolerance towards Live Nation. When Macroaxis issues a 'buy' or 'sell' recommendation for Live Nation Entertainment, the advice is generated through an automated system that utilizes algorithms and statistical models.
Live |
Execute Live Nation Buy or Sell Advice
The Live recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Live Nation Entertainment. Macroaxis does not own or have any residual interests in Live Nation Entertainment or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Live Nation's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to 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 |
Live Nation Trading Alerts and Improvement Suggestions
| The company 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. Debt can assist Live Nation until it has trouble settling it off, either with new capital or with free cash flow. So, Live Nation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Live Nation Entertainment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Live to invest in growth at high rates of return. When we think about Live Nation's use of debt, we should always consider it together with cash and equity. | |
| Over 75.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Live Nation Entertainment Schedules First Quarter 2024 Earnings Release And Teleconference |
Live Nation Returns Distribution Density
The distribution of Live Nation's historical returns is an attempt to chart the uncertainty of Live Nation's future price movements. The chart of the probability distribution of Live Nation daily returns describes the distribution of returns around its average expected value. We use Live Nation Entertainment price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Live Nation returns is essential to provide solid investment advice for Live Nation.
| Mean Return | -0.0012 | Value At Risk | -2.36 | Potential Upside | 2.34 | Standard Deviation | 1.73 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Live Nation historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Live Stock 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 originates 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 | Amundi | 2023-12-31 | 3.2 M | Findlay Park Partners Llp | 2023-12-31 | 3 M | Cantillon Capital Management Llc | 2023-12-31 | 2.7 M | Norges Bank | 2023-12-31 | 2.7 M | Goldman Sachs Group Inc | 2023-12-31 | 2.4 M | Amvescap Plc. | 2023-12-31 | 2.3 M | Artisan Partners Limited Partnership | 2023-12-31 | 2.2 M | Ci Investments Inc | 2023-12-31 | 1.5 M | Jericho Capital Asset Management Lp | 2023-12-31 | 1.5 M | Vanguard Group Inc | 2023-12-31 | 18 M | Blackrock Inc | 2023-12-31 | 13.3 M |
Live Nation Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 96.0M | 72.2M | 2.3B | 724.6M | 626.6M | 321.1M | |
| Free Cash Flow | 104.0M | (1.3B) | 1.6B | 1.5B | 895.5M | 940.3M | |
| Depreciation | 444.0M | 485.0M | 416.3M | 450.0M | 516.8M | 342.8M | |
| Other Non Cash Items | 147.2M | 101.7M | (614K) | 217.8M | 207.7M | 218.1M | |
| Capital Expenditures | 365.8M | 222.6M | 159.8M | 353.3M | 475.3M | 499.0M | |
| Net Income | 118.2M | (1.8B) | (608.8M) | 409.2M | 734.3M | 771.0M | |
| End Period Cash Flow | 2.5B | 2.5B | 4.9B | 5.6B | 6.2B | 6.6B | |
| Change To Inventory | (170.5M) | 141.6M | 95.5M | (202.8M) | (182.6M) | (173.4M) | |
| Dividends Paid | 1.2M | 16.9M | 45.8M | 76.9M | 69.2M | 65.7M | |
| Investments | (691M) | 31.8M | (25.2M) | (784.7M) | (888.9M) | (844.5M) | |
| Change Receivables | (159.8M) | 490.6M | (485.2M) | (464.0M) | (417.6M) | (396.7M) | |
| Net Borrowings | 500.1M | 1.6B | 794.1M | 76.5M | 87.9M | 83.5M | |
| Change To Netincome | 166.1M | 123.6M | 94.2M | 182.8M | 210.3M | 220.8M |
Live Nation Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Live Nation or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Live Nation's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Live stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.1 | |
β | Beta against NYSE Composite | 1.55 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | -0.04 |
Live Nation Volatility Alert
Live Nation Entertainment exhibits very low volatility with skewness of -0.9 and kurtosis of 5.11. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Live Nation's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Live Nation's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Live Nation Implied Volatility
Live Nation's implied volatility exposes the market's sentiment of Live Nation Entertainment stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Live Nation's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Live Nation stock will not fluctuate a lot when Live Nation's options are near their expiration.
Live Nation Fundamentals Vs Peers
Comparing Live Nation's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Live Nation's direct or indirect competition across all of the common fundamentals between Live Nation and the related equities. This way, we can detect undervalued stocks with similar characteristics as Live Nation or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Live Nation's fundamental indicators could also be used in its relative valuation, which is a method of valuing Live Nation by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Live Nation to competition |
| Fundamentals | Live Nation | Peer Average |
| Return On Equity | 0.65 | -0.31 |
| Return On Asset | 0.0384 | -0.14 |
| Profit Margin | 0.02 % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 24.27 B | 16.62 B |
| Shares Outstanding | 230.8 M | 571.82 M |
| Shares Owned By Insiders | 32.20 % | 10.09 % |
| Shares Owned By Institutions | 75.50 % | 39.21 % |
| Number Of Shares Shorted | 13.77 M | 4.71 M |
| Price To Earning | 96.59 X | 28.72 X |
| Price To Book | 31.01 X | 9.51 X |
| Price To Sales | 1.03 X | 11.42 X |
| Revenue | 22.75 B | 9.43 B |
| Gross Profit | 4.34 B | 27.38 B |
| EBITDA | 1.77 B | 3.9 B |
| Net Income | 734.32 M | 570.98 M |
| Cash And Equivalents | 5.61 B | 2.7 B |
| Cash Per Share | 26.08 X | 5.01 X |
| Total Debt | 8.44 B | 5.32 B |
| Current Ratio | 0.99 X | 2.16 X |
| Book Value Per Share | (0.07) X | 1.93 K |
| Cash Flow From Operations | 1.37 B | 971.22 M |
| Short Ratio | 6.12 X | 4.00 X |
| Earnings Per Share | 1.37 X | 3.12 X |
| Price To Earnings To Growth | 2.17 X | 4.89 X |
| Target Price | 117.93 | |
| Number Of Employees | 14.7 K | 18.84 K |
| Beta | 1.31 | -0.15 |
| Market Capitalization | 20.69 B | 19.03 B |
| Total Asset | 19.07 B | 29.47 B |
| Retained Earnings | (2.41 B) | 9.33 B |
| Working Capital | (382.15 M) | 1.48 B |
| Current Asset | 2.29 B | 9.34 B |
Note: Disposition of 230803 shares by Michael Rapino of Live Nation subject to Rule 16b-3 [view details]
Live Nation Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Live . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Live Nation Buy or Sell Advice
When is the right time to buy or sell Live Nation Entertainment? Buying financial instruments such as Live Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Stockholder Equity | 2.9B | 2.7B | 2.4B | 2.3B | Other Assets | 1.1B | 792.1M | 910.9M | 583.9M |
Use Investing Ideas to Build Portfolios
In addition to having Live Nation in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Healthcare
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Check out Live Nation Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary 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.
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Is Live Nation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Live Nation. If investors know Live will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Live Nation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.281 | Earnings Share 1.37 | Revenue Per Share 99.502 | Quarterly Revenue Growth 0.361 | Return On Assets 0.0384 |
The market value of Live Nation Entertainment is measured differently than its book value, which is the value of Live that is recorded on the company's balance sheet. Investors also form their own opinion of Live Nation's value that differs from its market value or its book value, called intrinsic value, which is Live Nation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Live Nation's market value can be influenced by many factors that don't directly affect Live Nation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Live Nation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Live Nation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Live Nation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.