Is Live Nation Entertainment, Inc. (LYV) Share’s Price Now at Risk?

Rowles Michael, EVP & General Counsel, subtracted 67,840 shares of Live Nation Entertainment, Inc. (LYV) from its portfolio at the rate of $63.14 per share valuing $4,283,418 on Jun 12. The insider left behind 189,851 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Live Nation Entertainment, Inc. (LYV) was $67.16. Currently, the 1st Resistance Point for this stock is $67.71, with a 2nd Resistance Point sitting at $68.26. Meanwhile, this company’s stock has a 1st Support Level at $66.18 and a 2nd Support Level at $65.20. Live Nation Entertainment, Inc. (LYV) stock has gained $0.58, or 0.87%, in the past five days. In the last full month, these shares have gained $6.34, or 10.42%. In the past three months, this stock’s price has risen by $2.68, or 4.16%. This year-to-date, Live Nation Entertainment, Inc. (LYV) shares have gained $17.91, or 36.37%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Live Nation Entertainment, Inc. (LYV) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”

With 211,629 K shares outstanding, this company currently has a market capitalization of $14,020,420K. Live Nation Entertainment, Inc. (LYV) generates $10,788 M in annual sales, amounting to annual net income of -$17,650 K. This stock has generated a 1-Year Total Return of 38.27%, a 3-Year Total Return of 183.85%, and a 5-year Total Return of 178.56%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

In the most recently-reported fiscal quarter, which ended in Mar-19, Live Nation Entertainment, Inc. (LYV) reported earnings of -$0.31 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.34 per share, representing a 0.03 difference and -8.93% surprise. In the previous quarter ending in Dec-18, the reported earnings of -$0.80 represented a -0.06 difference from the consensus estimate calling for -$0.74 per share, which was a -7.83% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.39 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $0.49 and the low estimate was $0.26. In the year-ago quarter, Live Nation Entertainment, Inc. (LYV) generated per-share earnings of $0.24. If the analysts are correct about the current quarter’s earnings, the growth will be +62.50% .

Turning our focus now to insider trading activity, there have been 15 purchases (348,685 shares in total) and 5 sale (90,427 shares in total) in the last 3 months. In the last 6 months, there have been 20 insider buys amounting to 916,579 shares and 11 insider sales amounting to 99,954 shares. In the past full year, 39 insider purchases were made (involving 2,847,875 shares) and 40 insider sell-offs equivalent to 1,721,724 shares.

Moving onto liquidity, Live Nation Entertainment, Inc. (LYV) has a Current Ratio of 1.03, a Quick Ratio of 1.02 and a Cash Ratio of 0.63. Looking at this company’s capital structure, its Total Debt to Total Equity is 256.15, its Total Debt to Total Capital is 71.92, and its Total Debt to Total Assets is now 33.13. Looking even further ahead into the future, its Long-Term Debt to Equity is 248.67 and its Long-Term Debt to Total Capital is 69.82.