News articles about Live Nation Entertainment (NYSE:LYV) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Live Nation Entertainment earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.1144499768095 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Zacks: Brokerages Expect Live Nation Entertainment, Inc. (LYV) Will Announce Quarterly Sales of $1.51 Billion (americanbankingnews.com)
- 3 Stocks Riding this Big Millennial Trend (finance.yahoo.com)
- Zacks: Brokerages Expect Live Nation Entertainment, Inc. (LYV) Will Post Earnings of -$0.25 Per Share (americanbankingnews.com)
- Live Nation Entertainment, Inc. (LYV) Shares Bought by UBS Asset Management Americas Inc. (americanbankingnews.com)
- Childish Gambino Unveils 2018 North American Tour With Special Guest Rae Sremmurd (finance.yahoo.com)
Shares of Live Nation Entertainment (NYSE:LYV) traded up $0.54 during midday trading on Friday, reaching $45.05. 1,230,000 shares of the company were exchanged, compared to its average volume of 1,670,000. The firm has a market cap of $9,320.00, a PE ratio of -57.03 and a beta of 0.99. Live Nation Entertainment has a 12-month low of $28.11 and a 12-month high of $49.11. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.88 and a current ratio of 0.88.
Several analysts recently commented on LYV shares. Citigroup downgraded shares of Live Nation Entertainment from a “buy” rating to a “neutral” rating and set a $47.00 price target for the company. in a research report on Friday, December 22nd. Zacks Investment Research downgraded shares of Live Nation Entertainment from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. Guggenheim restated a “buy” rating and set a $53.00 price objective on shares of Live Nation Entertainment in a research report on Thursday, March 1st. Finally, Macquarie restated a “buy” rating and set a $55.00 price objective on shares of Live Nation Entertainment in a research report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $46.86.
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Live Nation Entertainment Company Profile
Live Nation Entertainment, Inc is a live entertainment company. The Company’s businesses consist of the promotion of live events, including ticketing, sponsorship and advertising. Its segments include Concerts, Sponsorship & Advertising, Ticketing and Artist Nation. The Concerts segment is engaged in promotion of live music events in its owned or operated venues and in rented third-party venues; operation and management of music venues; production of music festivals, and creation of associated content.
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