News stories about Live Nation Entertainment (NYSE:LYV) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Live Nation Entertainment earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.2542307880843 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- -$0.25 Earnings Per Share Expected for Live Nation Entertainment, Inc. (LYV) This Quarter (americanbankingnews.com)
- Critical Comparison: Live Nation Entertainment (LYV) vs. Manchester United F.C. (MANU) (americanbankingnews.com)
- Financial Contrast: Dover Motorsports (DVD) and Live Nation Entertainment (LYV) (americanbankingnews.com)
- Live Nation Entertainment, Inc. (NYSE: LYV) Investor Investigation over possible Violations of Securities Laws (openpr.com)
- Non-Profit House of Blues Music Forward Foundation Appoints New Executive Director to Lead Youth Music Industry … (broadwayworld.com)
Shares of LYV stock traded up $0.04 on Thursday, hitting $38.03. The stock had a trading volume of 947,552 shares, compared to its average volume of 1,766,182. The company has a market cap of $7,974.95, a P/E ratio of -79.23 and a beta of 0.97. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.88 and a quick ratio of 0.88. Live Nation Entertainment has a 12-month low of $30.50 and a 12-month high of $49.11.
Several research firms have weighed in on LYV. Citigroup upgraded shares of Live Nation Entertainment from a “neutral” rating to a “buy” rating in a report on Monday. JPMorgan Chase set a $51.00 price objective on shares of Live Nation Entertainment and gave the stock a “buy” rating in a report on Thursday, April 5th. Zacks Investment Research upgraded shares of Live Nation Entertainment from a “sell” rating to a “hold” rating in a report on Wednesday, April 4th. ValuEngine upgraded shares of Live Nation Entertainment from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, Guggenheim restated a “buy” rating and set a $53.00 price objective on shares of Live Nation Entertainment in a report on Thursday, March 1st. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $49.14.
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About Live Nation Entertainment
Live Nation Entertainment, Inc is a live entertainment company. The Company’s businesses consist of the promotion of live events, including ticketing, sponsorship and advertising. Its segments include Concerts, Sponsorship & Advertising, Ticketing and Artist Nation. The Concerts segment is engaged in promotion of live music events in its owned or operated venues and in rented third-party venues; operation and management of music venues; production of music festivals, and creation of associated content.
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