Economy

Will Live Nation (LYV) Pull Off a Surprise in Q3 Earnings?

Company insiders own 4.77% of the company's stock. It has underperformed by 34.82% the S&P500.

Concourse Capital Management Llc decreased Live Nation Entertainment In (LYV) stake by 52.87% reported in 2017Q2 SEC filing. Stock analysts at Jefferies Group decreased their Q2 2017 earnings estimates for shares of Live Nation Entertainment in a research report issued to clients and investors on Tuesday. 625,774 are held by Pioneer Management.

Shares of Live Nation Entertainment, Inc. The stock has seen a price of $43.31 according to a recent bid.

COPYRIGHT VIOLATION NOTICE: "Q3 2017 Earnings Forecast for Live Nation Entertainment, Inc". (NYSE:LYV) has risen 52.18% since October 30, 2016 and is uptrending. It has outperformed by 35.48% the S&P500. Company insiders own 4.77% of the company's stock. (NYSE:LYV) to report earnings on November, 6. Willard Elizabeth Kathleen sold $697,200 worth of stock. William Blair also issued estimates for Live Nation Entertainment's Q4 2017 earnings at ($0.42) EPS and FY2017 earnings at $0.37 EPS. Ubs Oconnor Llc holds 0% or 216,202 shares.

Investors sentiment increased to 1.43 in 2017 Q2. Its down 0.12, from 1 in 2017Q1. It improved, as 26 investors sold LYV shares while 81 reduced holdings. 43 funds opened positions while 110 raised stakes. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.10. Barclays Public Limited Company reported 205,689 shares. 1,496 were accumulated by Whittier Trust Of Nevada. Metropolitan Life Insurance stated it has 131,661 shares.

Dimensional Fund Advisors LP lowered its position in Live Nation Entertainment, Inc.

The Value Composite One (VC1) is a method that investors use to determine a company's value. Perpetual Ltd bought a new position in shares of Live Nation Entertainment in the 2nd quarter valued at about $1,141,000. Currently, 523.34 million total shares are owned by the public and among those 516.24 million shares have been available to trade. NJ State Employees Deferred Compensation Plan acquired a new position in Live Nation Entertainment during the 2nd quarter worth approximately $210,000. (NYSE:LYV). Ny State Common Retirement Fund holds 0.01% of its portfolio in Live Nation Entertainment, Inc. (NYSE:LYV). Nationwide Fund Advisors stated it has 503,250 shares. The stock rose 1.14% or $1.46 reaching $130.08 per share.

In the most updated research from a number of analysts on Wall Street, the company gets 10 Buys and 0 Sell among 12 analysts. Therefore 71% are positive. Live Nation had 19 analyst reports since September 18, 2015 according to SRatingsIntel. (NYSE:LYV) rating on Monday, October 16. BTIG Research initiated the stock with "Neutral" rating in Tuesday, March 29 report. (NYSE:LYV) slipped over -0.19% at $43.11, after hitting low of $42.7 in an intra-day trade. Albert Fried upgraded the shares of LYV in report on Friday, October 30 to "Overweight" rating. The rating was maintained by Macquarie Research on Wednesday, August 9 with "Buy". The stock has "Equal-Weight" rating by Stephens on Thursday, October 6. The stock was sold at an average price of $41.56, for a total transaction of $415,600.00. The rating was upgraded by Northcoast to "Buy" on Monday, May 2. Jefferies has "Buy" rating and $42.0 target. (NYSE:LYV) has "Buy" rating given on Monday, April 3 by Goldman Sachs. Following the completion of the transaction, the director now directly owns 85,737 shares in the company, valued at approximately $3,563,229.72. It also upped United Ins Hldgs Corp (NASDAQ:UIHC) stake by 36,560 shares and now owns 182,778 shares. Xpo Logistics Inc (NYSE:XPO) was reduced too.

Historically, the company has operated through four segments - Concerts, Ticketing, Artist Nation, and Sponsorship & Advertising. (NYSE:ETM) or 120,000 shares. During the same period in the prior year, the business posted $0.13 EPS.

In an overview of the current analyst recommendations, Buy count is 2 and Overweight is 0 while the number of analysts recommending Sell and Underweight are 0 and 0, respectively. Therefore 65% are positive. Tower Research Capital Limited Co (Trc) holds 0.02% or 1,793 shares in its portfolio. Live Nation Entertainment now has a consensus rating of "Buy" and a consensus price target of $40.86. The stock of Civeo Corporation (Canada) (NYSE:CVEO) earned "Hold" rating by RBC Capital Markets on Friday, October 6. The firm earned "Buy" rating on Wednesday, September 20 by Robert W. Baird. (NYSE:LYV) on Thursday, October 6 with "Equal-Weight" rating. With ROE, Investors can see if they're getting a good return on their money, while a company can evaluate how efficiently they're utilizing shareholder's equity. (NYSE:LYV) presently has a 10 month price index of 1.60737. (NYSE:LYV). Gsa Partners Limited Liability Partnership holds 0.06% or 26,900 shares in its portfolio. Its up 0.34, from 1.09 in 2017Q1. 72 funds opened positions while 203 raised stakes. 208.01 million shares or 0.31% less from 208.67 million shares in 2017Q1 were reported. (NYSE:VZ). Moreover, Solaris Asset Management Ltd Liability has 0.05% invested in Verizon Communications Inc. Wedge Capital Mngmt L Ltd Partnership Nc has 15,844 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in SM Energy Co (NYSE:SM). State Street holds 0% or 472,546 shares in its portfolio. Commonwealth Of Pennsylvania School Empls Retrmt Sys, a Pennsylvania-based fund reported 14,289 shares. Jpmorgan Chase & Commerce has invested 0% in SM Energy Co (NYSE:SM). Walleye Trading Lc accumulated 14,703 shares. Weber Alan W reported 322,406 shares.

Since May 1, 2017, it had 0 insider buys, and 1 insider sale for $27,657 activity. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter.



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