Analyst Ratings for Live Nation Entertainment Inc. (LYV)

Updated: 2017-07-27

An average rating of Buy has been given to Live Nation Entertainment Inc. (NYSE:LYV) by analysts covering the stock. A consensus rating of Buy was previously issued for LYV last month.

Of the 12 analysts covering the stock, 10 gave it a buy rating, 0 gave an overweight rating, 2 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for LYV. The most optimistic price target was 40, which equates to a potential upside of 7.93 percent. The most pessimistic analyst gave a price target of 36, implying a possible loss of -2.86 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 2.94 percent on average, compared to last month. That number becomes 45.56 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 7.75 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -23.68 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Over the same time period, 3 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

LYV has traded between a high of 37.73 and a low of 25.56 over the past year. Currently the stock is 44.99 percent higher than its low, and 1.78 percent below the high. LYV has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The LYV value stock report compares LYV to some of its peers using value stock charts. The stock has a market capitalization of $7.54 billion. LYV will post this quarters earnings in days, on 0000-00-00.