Macquarie Forecasts Strong Price Appreciation for Live Nation Entertainment Stock
| LYV Stock | USD 139.73 0.86 0.62% |
Slightly above 51% of Live Nation's sophisticated investors are presently thinking to get in. The analysis of overall sentiment of trading Live Nation Entertainment stock suggests that some investors are interested at this time. Live Nation's investing sentiment can be driven by a variety of factors including economic data, Live Nation's earnings reports, geopolitical events, and overall market trends.
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Live Nation Entertainment had its target price boosted by research analysts at Macquarie from 130.00 to 146.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an outperform rating on the stock. Macquaries price objective would suggest a potential upside of 13.10 percent from
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Live Nation Fundamental Analysis
We analyze Live Nation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Live Nation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Live Nation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Live Nation is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Live Nation Entertainment Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Live Nation stock to make a market-neutral strategy. Peer analysis of Live Nation could also be used in its relative valuation, which is a method of valuing Live Nation by comparing valuation metrics with similar companies.
Peers
Live Nation Related Equities
| MCS | Marcus | 2.55 | ||||
| FWONK | Liberty Media | 1.32 | ||||
| FOX | Fox Corp | 1.26 | ||||
| FWONA | Liberty Media | 0.72 | ||||
| MANU | Manchester United | 0.53 | ||||
| EDR | Endeavor Group | 0.46 | ||||
| BATRA | Atlanta Braves | 0.38 | ||||
| BATRK | Atlanta Braves | 0.15 | ||||
| MSGS | Madison Square | 0.55 | ||||
| NWSA | News Corp | 0.79 | ||||
| NWS | News Corp | 0.91 | ||||
| WMG | Warner Music | 0.93 | ||||
| SPHR | Sphere Entertainment | 2.00 |
Additional Tools for Live Stock Analysis
When running Live Nation's price analysis, check to measure Live Nation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Live Nation is operating at the current time. Most of Live Nation's value examination focuses on studying past and present price action to predict the probability of Live Nation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Live Nation's price. Additionally, you may evaluate how the addition of Live Nation to your portfolios can decrease your overall portfolio volatility.