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LYV

73.64USD-0.28(-0.38%)Delayedas of 05 Dec 2022, 01:08 pm

Live Nation Entertainment Inc

Market Summary

USD73.64-0.28Delayedas of 05 Dec 2022, 01:08 pm
-0.38%

LYV Alerts

LYV Stock Price

RSI Chart

Valuation

Market Cap

18.4B

Price/Earnings

-1.8K

Price/Sales

1.58

Price/Cashflow

8.53

MarketCap/EBT

135.03

Price/Sales

Profitability

EBT Margin

1.17%

Return on Equity

-190.36%

Return on Assets

-0.06%

Fundamentals

Revenue

Revenue (TTM)

11.7B

Revenue Y/Y

669.89%

Revenue Q/Q

145.96%

Earnings

Earnings (TTM)

-10.4M

Earnings Y/Y

195.98%

Earnings Q/Q

474.24%

Price Action

52 Week Range

65.05126.79
(Low)(High)

Last 7 days

8.0%

Last 30 days

-3.7%

Last 90 days

-17.5%

Trailing 12 Months

-30.5%

Financial Health

Current Ratio

0.99

Debt/Equity

15.05

Debt/Cashflow

0.42

Investor Care

Shares Dilution (1Y)

5.01%

Diluted EPS (TTM)

-0.5

Peers (Alternatives to Live Nation Entertainment)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
193.2B
82.7B
-2.35% -32.45%
61.47
2.38
22.70% 57.64%
131.6B
31.5B
17.37% -48.03%
26.09
4.18
9.92% -0.14%
18.4B
11.7B
-3.72% -30.47%
-1.8K
1.58
806.12% 99.29%
12.9B
5.9B
35.94% -17.84%
32.93
2.32
11.66% 81.25%
MID-CAP
5.8B
1.3B
3.82% 64.26%
26.64
4.76
24.76% 67.36%
5.5B
4.1B
40.62% -73.02%
-6.7
1.41
169.45% 60.57%
3.7B
-
8.67% -1.66%
72.12
4.49
97.57% 2660.04%
3.0B
1.4B
-10.69% -20.85%
-96.24
2.44
77.48% 96.34%
SMALL-CAP
1.6B
1.8B
6.78% -26.89%
-8.25
0.93
131.06% 36.77%
1.3B
2.5B
31.27% -12.57%
-5.93
0.56
167.67% 75.12%
339.2M
643.3M
15.77% 3.04%
18.64
0.55
7.43% -20.47%
104.7M
175.2M
-1.30% -48.69%
-1.61
0.79
88.80% -73.73%
75.6M
205.8M
-9.14% -23.00%
-2.75
0.41
97.60% -259.54%
49.7M
83.3M
7.72% -68.60%
16.95
0.59
7.65% -104.60%

Financials for Live Nation Entertainment

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue49.4%11,6707,8126,3003,8031,288
  S&GA Expenses17.1%2,3452,0021,7551,3801,339
Earnings Before Taxes141.0%136-332.19-611.27-874.50-1,527.15
Net Income97.4%-10.43-393.89-650.90-899.31-1,475.09
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets2.6%16,42116,00714,40213,33112,246
  Current Assets5.4%8,5518,1106,6846,5555,423
    Cash Equivalents-0.2%5,8605,8724,8854,6294,043
  Net PPE0.3%1,0891,0861,0921,0421,046
  Goodwill-1.6%2,5632,6052,5912,1102,123
  Current Liabilities4.3%8,6328,2786,8565,5585,165
  Long Term Debt-0.1%5,1405,1475,1455,6875,295
  Retained Earnings5.7%-3,129.60-3,317.40-3,327.74-3,132.81-3,179.69
  Additional Paid-In Capital-1.2%2,8542,8892,8982,9042,433
Shares Outstanding1.3%225222225217216
Minority Interest19.6%445372394363333
Float-12,700----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-25.7%2,1582,9041,781898477
  Share Based Compensation-0.2%21821920990119
Cashflow From Investing-10.0%-761.40-692.02-566.96-111.29-83.72
Cashflow From Financing-6.9%6326791,1711,211289

Risks

What is the probability of a big loss on LYV?

54.6%


Probability that Live Nation Entertainment stock will be more than 20% underwater in next one year

29.2%


Probability that Live Nation Entertainment stock will be more than 30% underwater in next one year.

23.5%


Probability that Live Nation Entertainment stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LYV drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Live Nation Entertainment was unfortunately bought at previous high price.

Returns

Cumulative Returns on LYV

23.8%


10-Year Cumulative Returns

16.7%


7-Year Cumulative Returns

10.6%


5-Year Cumulative Returns

2.2%


3-Year Cumulative Returns

What are the long-term rolling returns for LYV?

FIve years rolling returns for Live Nation Entertainment.

Which funds bought or sold LYV recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
587,000
587,000
0.60%
2022-11-23
Eagle Bay Advisors LLC
SOLD OFF
-100
-1,321
-
-%
2022-11-23
Toroso Investments, LLC
ADDED
5.1
-18,000
534,000
0.02%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-14.33
-55,000
211,000
0.01%
2022-11-22
IHT Wealth Management, LLC
ADDED
16.46
16,000
239,000
0.02%
2022-11-22
CVA Family Office, LLC
REDUCED
-36.36
-11,000
16,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,020,000
1,020,000
0.01%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
-1,000
11,000
-%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
20.52
538,000
5,432,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
ADDED
0.17
-1,762,000
20,920,000
0.04%

1–10 of 40

Latest Funds Activity

Are funds buying LYV calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own LYV

Live Nation Entertainment News

Marketscreener.com

S&P Posts 1.1% Weekly Rise Amid October Consumer Spending Boost, Easing Inflation, Stronger-Than-Expected Jobs Report.2 days ago

Investopedia

LYV Fair Value

Live Nation Entertainment fair value in different scenarios

The table shows the Fair Value estimates for Live Nation Entertainment for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

16.95

-76.98%

34.34

-53.37%

89.35

21.33%

139.86

89.92%

215.81

193.06%

Current Inflation

15.39

-79.10%

30.58

-58.47%

77.88

5.76%

121.01

64.33%

185.97

152.54%

Very High Inflation

13.48

-81.69%

26.11

-64.54%

64.57

-12.32%

99.28

34.82%

151.75

106.07%

Historical Live Nation Entertainment Fair Value Estimates


Recent SEC filings of Live Nation Entertainment

View All Filings
Date Filed Form Type Document
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Sep 23, 2022
4
Insider Trading
Sep 16, 2022
4
Insider Trading
Sep 09, 2022
4
Insider Trading

Latest Insider Trading transactions for LYV

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
Iovine Jimmy
BOUGHT
1,006,870
73.28
13,740
-
2022-09-23
Rapino Michael
SOLD
-5,804,020
74.4106
-78,000
President & CEO
2022-09-23
Rapino Michael
ACQUIRED
877,000
8.77
100,000
President & CEO
2022-09-22
Rapino Michael
ACQUIRED
877,000
8.77
100,000
President & CEO
2022-09-22
Rapino Michael
SOLD
-6,081,320
77.9656
-78,000
President & CEO
2022-09-21
Rapino Michael
ACQUIRED
877,000
8.77
100,000
President & CEO
2022-09-21
Rapino Michael
SOLD
-6,520,660
83.5982
-78,000
President & CEO
2022-09-16
Rapino Michael
ACQUIRED
877,000
8.77
100,000
President & CEO
2022-09-16
Rapino Michael
SOLD
-6,867,020
88.0387
-78,000
President & CEO
2022-09-15
Rapino Michael
SOLD
-7,227,370
92.6585
-78,000
President & CEO

1–10 of 50

Michael Rapino
10200
Live Nation Entertainment, Inc. operates as a live entertainment company. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues; operates and manages music venues; produces music festivals; creates associated content; and offers management and other services to artists. The Ticketing segment manages the ticketing operations, including the provision of ticketing software and services to clients for tickets and event information through its primary websites livenation.com and ticketmaster.com, as well as provides ticket resale services. This segment sells tickets for its events, as well as for third-party clients in various live event categories, such as arenas, stadiums, amphitheaters, music clubs, concert promoters, professional sports franchises and leagues, college sports teams, performing arts venues, museums, and theaters through websites, mobile apps, and ticket outlets. The Sponsorship & Advertising segment sells international, national, and local sponsorships and placement of advertising, including signage, promotional programs, rich media offering that comprise advertising related with live streaming and music-related content; and ads across its distribution network of venues, events, and websites. This segment also manages the development of strategic sponsorship programs, as well as develops, books, and produces custom events or programs for specific brands. As of December 31, 2021, it owned, operated, or leased 165 entertainment venues in North America and 94 entertainment venues internationally. The company was formerly known as Live Nation, Inc. and changed its name to Live Nation Entertainment, Inc. in January 2010. Live Nation Entertainment, Inc. was incorporated in 2005 and is headquartered in Beverly Hills, California.

LYV Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 6,153,535$ 2,698,722$ 12,390,517$ 3,565,277
Operating expenses:    
Direct operating expenses4,707,8481,969,9129,045,8932,346,998
Selling, general and administrative expenses805,910446,9292,048,3051,098,676
Depreciation and amortization102,093101,235318,489313,758
Loss (gain) on disposal of operating assets(35,285)(1,148)(32,555)(1,038)
Corporate expenses66,72044,649158,377100,195
Operating income (loss)506,249137,145852,008(293,312)
Interest expense70,51470,407205,722210,146
Interest income(25,809)(1,333)(46,565)(3,953)
Equity in losses (earnings) of nonconsolidated affiliates14,283(7,025)8,040(4,608)
Gain from sale of investments in nonconsolidated affiliates030,63344883,580
Other expense, net7,96012,44122,84619,903
Income (loss) before income taxes439,30193,288662,413(431,220)
Income tax expense41,8986,42185,58915,095
Net income (loss)397,40386,867576,824(446,315)
Net income attributable to noncontrolling interests36,00139,98977,8049,665
Net income (loss) attributable to common stockholders of Live Nation$ 361,402$ 46,878$ 499,020$ (455,980)
Basic net loss per common share available to common stockholders of Live Nation$ 1.47$ 0.20$ 1.79$ (2.13)
Diluted net loss per common share available to common stockholders of Live Nation$ 1.39$ 0.19$ 1.73$ (2.13)
Weighted average common shares outstanding:    
Weighted Average Number of Shares Outstanding, Basic225,761,777216,888,355224,123,130215,716,239
Weighted Average Number of Shares Outstanding, Diluted243,686,803223,800,400239,617,920215,716,239
Reconciliation to net income (loss) available to common stockholders of Live Nation:    
Net income (loss) attributable to common stockholders of Live Nation$ 361,402$ 46,878$ 499,020$ (455,980)
Accretion of redeemable noncontrolling interests(29,915)(4,245)(97,723)(4,210)
Net income (loss) available to common stockholders of Live Nation—basic331,48742,633401,297(460,190)
Interest on Convertible Debt, Net of Tax6,365012,1240
Net income (loss) available to common stockholders of Live Nation—diluted$ 337,852$ 42,633$ 413,421$ (460,190)

LYV Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 4,951,161$ 4,884,729
Accounts receivable, less allowance of $63,761 and $50,491, respectively1,989,5081,066,573
Prepaid expenses908,895654,894
Restricted cash5,0303,063
Other current assets72,79574,834
Total current assets7,927,3896,684,093
Property, plant and equipment, net1,097,9311,091,929
Operating lease assets1,615,9971,538,911
Intangible assets  
Definite-lived intangible assets, net917,4411,026,338
Indefinite-lived intangible assets, net408,988369,028
Goodwill2,548,4522,590,869
Long-term advances595,642552,697
Other long-term assets675,174548,453
Total assets15,787,01414,402,318
Current liabilities  
Accounts payable, client accounts1,580,4981,532,345
Accounts payable195,327110,623
Accrued expenses2,763,6301,645,906
Deferred revenue2,269,2162,774,792
Current portion of long-term debt, net619,500585,254
Current portion of operating lease liabilities141,544123,715
Other current liabilities64,77283,087
Total current liabilities7,634,4876,855,722
Long-term debt, net5,120,1975,145,484
Long-term operating lease liabilities1,689,4641,606,064
Other long-term liabilities345,329431,581
Commitments and contingent liabilities
Redeemable noncontrolling interests598,981551,921
Stockholders' equity  
Common stock2,2712,220
Additional paid-in capital2,852,1122,897,695
Accumulated deficit(2,768,195)(3,327,737)
Cost of shares held in treasury(6,865)(6,865)
Accumulated other comprehensive loss(153,883)(147,964)
Total Live Nation stockholders' equity(74,560)(582,651)
Noncontrolling interests473,116394,197
Total equity398,556(188,454)
Total liabilities and equity$ 15,787,014$ 14,402,318