Live Nation (LYV) Earning Somewhat Positive News Coverage, Accern Reports

Media stories about Live Nation (NYSE:LYV) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Live Nation earned a news impact score of 0.10 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 44.9790519565998 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

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A number of brokerages have issued reports on LYV. Zacks Investment Research raised shares of Live Nation from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th. Macquarie reissued a “buy” rating and issued a $55.00 price target on shares of Live Nation in a report on Thursday, March 1st. Citigroup lowered shares of Live Nation from a “buy” rating to a “neutral” rating and set a $47.00 price target on the stock. in a report on Friday, December 22nd. Guggenheim reissued a “buy” rating and issued a $53.00 price target on shares of Live Nation in a report on Thursday, March 1st. Finally, JPMorgan Chase set a $51.00 target price on shares of Live Nation and gave the stock a “buy” rating in a research report on Thursday, April 5th. Two research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $49.14.

Shares of NYSE:LYV traded up $0.71 on Monday, hitting $38.49. The company had a trading volume of 808,701 shares, compared to its average volume of 1,741,831. Live Nation has a 1 year low of $30.50 and a 1 year high of $49.11. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 1.38. The stock has a market cap of $7,864.62, a price-to-earnings ratio of -80.19 and a beta of 0.97.

Live Nation (NYSE:LYV) last posted its earnings results on Tuesday, February 27th. The company reported ($1.12) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.08) by ($0.04). Live Nation had a negative return on equity of 1.71% and a negative net margin of 0.24%. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $2.06 billion. equities analysts forecast that Live Nation will post 0.36 EPS for the current fiscal year.

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Live Nation Company Profile

Live Nation Entertainment, Inc operates as a live entertainment company. It operates through Concerts, Sponsorship & Advertising, and Ticketing segments. The Concerts segment promotes live music events in its owned and/or operated venues, and in rented third-party venues; operates and manages music venues; and produces music festivals and creates associated content.

Insider Buying and Selling by Quarter for Live Nation (NYSE:LYV)

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