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.

Several price targets were given for LYV by the analysts covering the stock. The most optimistic price target was 40, which equates to a potential upside of 7.93 percent. The lowest price target was 36, which equates to a potential downside of -2.86 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 2.94 percent. The average change in earnings estimates over the last 90 days is 45.56 percent. Meanwhile, fiscal year estimates have been revised upwards by 7.75 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -23.68 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 3 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

LYV has traded between a high of 37.73 and a low of 25.56 over the past year. Today's price is 44.99 percent above the 52-week low, and 1.78 percent below the high. LYV has a price/earnings 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 market cap of LYV is $7.54 billion. LYV will post this quarters earnings in days, on 0000-00-00.