Research Analysts Offer Predictions for LYV FY2025 Earnings

Live Nation Entertainment, Inc. (NYSE:LYV) – Equities researchers at Zacks Research increased their FY2025 earnings estimates for Live Nation Entertainment in a note issued to investors on Monday, January 13th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $2.41 for the year, up from their prior estimate of $2.23. The consensus estimate for Live Nation Entertainment’s current full-year earnings is $1.02 per share.

Live Nation Entertainment (NYSE:LYV) last posted its earnings results on Monday, November 11th. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.58 by $0.08. Live Nation Entertainment had a net margin of 2.11% and a return on equity of 77.62%. The firm had revenue of $7.65 billion for the quarter, compared to the consensus estimate of $7.75 billion. During the same period last year, the firm posted $1.78 EPS. The company’s revenue was down 6.2% on a year-over-year basis.

A number of other research analysts also recently issued reports on the company. Macquarie raised their price target on Live Nation Entertainment from $130.00 to $146.00 and gave the stock an “outperform” rating in a research note on Friday, November 15th. The Goldman Sachs Group raised their target price on shares of Live Nation Entertainment from $132.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Benchmark upped their price target on shares of Live Nation Entertainment from $144.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, December 19th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Live Nation Entertainment from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 19th. Finally, TD Cowen upped their target price on shares of Live Nation Entertainment from $108.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Two equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, Live Nation Entertainment presently has an average rating of “Moderate Buy” and an average price target of $145.40.

Live Nation Entertainment Stock Performance

Shares of LYV stock opened at $133.52 on Wednesday. Live Nation Entertainment has a 1 year low of $86.67 and a 1 year high of $141.18. The company has a debt-to-equity ratio of 6.10, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $31.02 billion, a price-to-earnings ratio of 142.04, a PEG ratio of 1.50 and a beta of 1.38. The stock’s 50-day moving average is $133.08 and its two-hundred day moving average is $112.89.

Hedge Funds Weigh In On Live Nation Entertainment

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Select Equity Group L.P. boosted its stake in shares of Live Nation Entertainment by 12.3% in the second quarter. Select Equity Group L.P. now owns 12,940,613 shares of the company’s stock valued at $1,213,053,000 after buying an additional 1,415,173 shares in the last quarter. Canada Pension Plan Investment Board boosted its position in shares of Live Nation Entertainment by 1.8% during the 2nd quarter. Canada Pension Plan Investment Board now owns 8,722,620 shares of the company’s stock worth $817,658,000 after purchasing an additional 155,920 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Live Nation Entertainment by 1.2% during the 3rd quarter. Principal Financial Group Inc. now owns 7,196,551 shares of the company’s stock worth $787,950,000 after purchasing an additional 87,032 shares during the period. Geode Capital Management LLC increased its holdings in shares of Live Nation Entertainment by 9.4% in the 3rd quarter. Geode Capital Management LLC now owns 3,763,557 shares of the company’s stock valued at $410,664,000 after purchasing an additional 321,832 shares in the last quarter. Finally, D1 Capital Partners L.P. lifted its stake in shares of Live Nation Entertainment by 44.6% in the second quarter. D1 Capital Partners L.P. now owns 3,543,532 shares of the company’s stock valued at $332,171,000 after purchasing an additional 1,093,000 shares during the period. Institutional investors and hedge funds own 74.52% of the company’s stock.

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.