Zacks Research Comments on Live Nation Entertainment, Inc.’s FY2025 Earnings (NYSE:LYV)

Live Nation Entertainment, Inc. (NYSE:LYVFree Report) – Equities research analysts at Zacks Research decreased their FY2025 EPS estimates for Live Nation Entertainment in a research note issued on Monday, April 22nd. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.82 per share for the year, down from their previous forecast of $1.93. The consensus estimate for Live Nation Entertainment’s current full-year earnings is $1.63 per share. Zacks Research also issued estimates for Live Nation Entertainment’s FY2026 earnings at $2.45 EPS.

Several other research firms also recently commented on LYV. Morgan Stanley increased their price objective on shares of Live Nation Entertainment from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Friday, February 23rd. Roth Capital raised shares of Live Nation Entertainment from a “neutral” rating to a “buy” rating in a report on Thursday, January 11th. Rosenblatt Securities reduced their target price on shares of Live Nation Entertainment from $124.00 to $119.00 and set a “buy” rating on the stock in a report on Thursday, April 11th. Oppenheimer raised their target price on shares of Live Nation Entertainment from $105.00 to $115.00 and gave the stock an “outperform” rating in a report on Wednesday, February 21st. Finally, TD Cowen reiterated a “buy” rating and set a $108.00 price target on shares of Live Nation Entertainment in a report on Tuesday, April 16th. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $115.70.

Check Out Our Latest Research Report on LYV

Live Nation Entertainment Price Performance

Shares of NYSE:LYV opened at $88.45 on Tuesday. The company has a debt-to-equity ratio of 9.30, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $20.41 billion, a price-to-earnings ratio of 66.50 and a beta of 1.30. The firm has a fifty day moving average price of $98.99 and a 200 day moving average price of $91.52. Live Nation Entertainment has a fifty-two week low of $64.96 and a fifty-two week high of $107.24.

Live Nation Entertainment (NYSE:LYVGet Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The company reported ($1.22) EPS for the quarter, missing the consensus estimate of ($1.13) by ($0.09). Live Nation Entertainment had a net margin of 2.48% and a return on equity of 118.42%. The business had revenue of $5.84 billion during the quarter, compared to analysts’ expectations of $4.72 billion.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of LYV. Canada Pension Plan Investment Board boosted its holdings in Live Nation Entertainment by 5.1% in the third quarter. Canada Pension Plan Investment Board now owns 8,801,337 shares of the company’s stock worth $730,863,000 after acquiring an additional 429,650 shares in the last quarter. Principal Financial Group Inc. grew its position in Live Nation Entertainment by 0.5% during the 3rd quarter. Principal Financial Group Inc. now owns 7,108,633 shares of the company’s stock worth $590,301,000 after purchasing an additional 33,215 shares during the last quarter. Findlay Park Partners LLP increased its stake in Live Nation Entertainment by 55.1% during the 3rd quarter. Findlay Park Partners LLP now owns 3,059,485 shares of the company’s stock valued at $254,060,000 after purchasing an additional 1,087,264 shares in the last quarter. Cantillon Capital Management LLC lifted its stake in shares of Live Nation Entertainment by 146.6% during the fourth quarter. Cantillon Capital Management LLC now owns 2,746,801 shares of the company’s stock worth $257,101,000 after buying an additional 1,632,749 shares during the period. Finally, William Blair Investment Management LLC increased its position in shares of Live Nation Entertainment by 5.7% in the 3rd quarter. William Blair Investment Management LLC now owns 2,671,703 shares of the company’s stock valued at $221,858,000 after acquiring an additional 144,326 shares during the period. Institutional investors own 74.52% of the company’s stock.

Insider Activity at Live Nation Entertainment

In related news, Director Jeffrey T. Hinson sold 1,001 shares of the company’s stock in a transaction on Friday, March 8th. The stock was sold at an average price of $100.50, for a total transaction of $100,600.50. Following the completion of the sale, the director now directly owns 59,374 shares in the company, valued at approximately $5,967,087. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.85% of the stock is currently owned by corporate insiders.

Live Nation Entertainment Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Live Nation Entertainment (NYSE:LYV)

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