Live Nation Entertainment, Inc. (NYSE:LYV):
Live Nation Entertainment Schedules Third Quarter 2016 Earnings Release And Teleconference.
The company is up by 1.33% since yesterday’s close of $27.06.
Shares are trading at $27.42 which is a tad above $27.18, the 50 day moving average and which is marginally higher than the 200 day moving average of $25.04. The 50 day moving average went up by +0.89% and the 200 day average moved up $2.38.
As of the last earnings report the EPS was $-0.24 and is projected to be $-0.11 for the current year with 201,970,000 shares presently outstanding. Next quarter’s EPS is estimated at $-0.44 and the next full year EPS is projected to be $0.14.
A few investment firms have released opinions on the stock. On October 12 Citigroup maintained a company rating of “Buy” but raised the price target to $32.00 from $30.00. On October 6 analysts at started covering the stock by announcing an initial rating of “Equal-weight”.
Equity analyst Stephens & Co. added the stock to its research portfolio setting a rating of “Equal-weight”. On August 18, 2016 JP Morgan issued its first research report on the stock with an initial rating of “Overweight”.
On May 2 the company was rated “Buy” according to a Northcoast Research report which is up from the previous “Neutral” rating. BTIG Research started coverage with a rating of “Neutral”.