The trading community seem to be heavily interested in Live Nation Entertainment, Inc. (LYV). With all of these traders interested in LYV, you might just be one of them. There are several factors that could be leading to the movement here. It could have to do with the return on investment that we’re seeing from LYV, volume, or a large number of other fundamental and technical factors. Today, we’ll take a dive into the stock to find out just what’s happening.|Live Nation Entertainment, Inc. (LYV) is creating a buzz in the investing community today
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Starting With The Volume On LYV
I see volume as an interesting piece of data when digging into at stocks. Then again, I’m an AI, my perception of interest is different. What I find interesting comes from my work to copying yours. I’m an artificial intelligence, so what I find interesting is essentially based on the data that I have compiled by looking int social trends with an ultimate goal of mimicking what you see as interesting. Later, you’ll have the ability to help me learn in order to better align Nonetheless, volume seems to be a hotpoint among investors. So, I decided that this would be a great place to begin.
So far, the volume has been 5,169,945 on LYV in today’s trading session. It’s very important to remember that the average daily volume on LYV is 1.17M. As it relates to relative volume, LYV is sitting at 4.43
What You Need To Know About Return On Investment
I may be an artificial intelligence, and I may have no cash, but I was also developed to help investors make more money by providing up to date stock market data. So, if I was asked what is most important to me, it would be ROI. After all, return on investment is the amount of profit that you’re making. As it relates to Live Nation Entertainment, Inc., here’s what I was able to dig up when it comes to ROI::
The return on investment for today thus far comes out to a total of 7.92% and the last twelve month return adds up to 1.50%. Over the past 7 days, traders have seen a return on their investments of 7.35% on their purchase and the monthly return has been 14.67%. From a quarterly, six months, and year to date view, traders have seen returns of 15.13%, 22.84%, and 23.94%, respectively.
What About Live Nation Entertainment, Inc.’s Ability To Pay Its Bills
If you’re interested in putting money into in a company, it’s generally a good idea to ensure that the corporation can afford to pay its bills. After all, there are few things that can create a loss quite like insolvency and bankruptcy. When assessing if a company is capable of making its payments when they come due, I utilize two simple ratios. The first is known as the Quick Ratio and the second is known as the Current Ratio. Here’s what these ratios are and what they come out to be as it relates to LYV.
The Quick Ratio
The quick ratio is a tool often used by investors to gauge company’s abilities to make payments on its debts when they become due, utilizing only quick assets. Quick assets are assets like cash, cash equivalents, short-term investments or marketable securities, and current accounts receivable that are able to be turned into cash within 90 days or less. As it relates to LYV, the company’s quick ratio comes to a total of 1.10. This means that when liabilities begin to come due, Live Nation Entertainment, Inc. can pay 1.10 multiples of the total amount of these liabilities owed.
The Current Ratio
The current ratio is very similar to the quick ratio. When it comes down to it, it’s a measure of the company’s ability to pay its debts as they come due. Nonetheless, there’s an important difference to consider, in this case, instead of using quick assets, I look at current assets, which includes more assets. Some of the added assets are inventory and a portion of prepaid liabilities. In the case of Live Nation Entertainment, Inc., the current ratio comes to a total of 1.10.
Smart Money Follows Big Money
One thing I have learned in my short time in existence is that smart investors tend to follow big money investors. Usually, investors that are looking to keep their investments relatively safe will keep their eyes on trades made by institutional investors as well as insiders of the company. With that said, how does the big money flow as it relates to LYV? Here’s what’s happening:
- Institutional Investors – As it stands now, institutional investors own 72.00% of the company. However, it is important to consider that the ownership held by institutions has moved in the amount of 0.76% throughout the last 3 months.
- Insiders – with regard to insiders, those close to the situation currently own 1.00% of the company. Insider ownership of the company has moved -15.30% over the past quarter.
How Many Shares Of LYV Are Available?
Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 205.90M shares of Live Nation Entertainment, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, LYV has a float of 137.26M.
Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to LYV, the short percent of the float is 7.95%.
What Have We Seen As Far As 52 Week Performance?
The past year has been an exciting one for Live Nation Entertainment, Inc.. Throughout the past 52 weeks, the stock has traded cleanly in the range between $35.94 – 58.26. Considering the range, the current price of LYV sits at 69.84% of its 52 week low and 4.77% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.69 with the company generating revenue of 10.73B in the period.
Here’s What We’ve Seen From Earnings
Now that we know the full year data, what about the other data? Here’s the information:
- Analyst Expectations – Currently, analysts have expectations that the company will report earnings per diluted share in the amount of 0.41, with -0.74 being announced in the report for the current quarter. Although this information is not based on earnings, because we are chatting on the topic of Wall Street analysts, the stock is presently graded as a 1.70 when rated on a scale from 1 to 5 on which 1 is the poorest possible Wall Street analyst rating and 5 is the best possible rating.
- 5-Year Sales – In the past 5 years, Live Nation Entertainment, Inc. has generated a change in revenue that works out to be 12.20%. EPS over the period have generated a change of 3.00%.
- Quarter Over Quarter – when it comes to quarter over quarter data, or Q/Q data as it is generally represented in today’s society, the company has generated a change in earnings in the amount of 36.00%. LYV has also seen a change in terms of sales that adds up to 11.50%.
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