In the past 52-week period, shares of Live Nation Entertainment, Inc. (NYSE:LYV) have moved within the range of $26.41 to $46.33.  On the stock’s most recent trading day, the company’s shares ended the regular session at $46.41, which is -0.17% lower than its 52-week high. 

Live Nation Entertainment, Inc. (LYV) has demonstrated a 20-day simple moving average (SMA) of 4.39%, and a 50-day SMA of 6.81%.  This public company’s current market capitalization stands at $9.42 billion. 

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position.  According to the latest data, the consensus recommendation for Live Nation Entertainment, Inc. (LYV) is Outperform. 

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate.  In the most recent quarterly financial report, for the quarter ending Sep. 2017, Live Nation Entertainment, Inc. (LYV) delivered a 5.89% surprise with its net revenue.  Sales reached $3.56 billion during the three-month period, compared to the average analyst estimate of $3.36 billion. 

Meanwhile, during the same quarter Live Nation Entertainment, Inc. (LYV) delivered a 5.10% earnings surprise.  Net earnings for the quarter were posted at $0.53 per share, whereas Wall Street had forecast $0.56 per share. 

Ownership at Live Nation Entertainment, Inc. (LYV), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership.  Live Nation Entertainment, Inc. (LYV) has 0 billion shares outstanding currently, 68.83% of which belong to institutional investors.  Those institutional holdings amount to $6.46 billion. 

Additionally, according to the most recent 13F filing from Live Nation Entertainment, Inc. (LYV), there were 63 new positions totaling 5,953,364 shares of the company’s stock.  There were 30 sold out positions, on the other hand, totaling 873,660 shares. 

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment.  Live Nation Entertainment, Inc. (LYV) has had a 20-day average volume of 2,261,210 shares, with an average of 80% of short term indicators pointed at Buy. 

The stock’s 50-day average volume has been 1,855,746 shares, with an average of 100% of medium term indicators pointing toward Buy.  Finally, its 100-day average volume is 1,800,850 shares with 100% of long-term indicators pointing to Buy.