Media headlines about Live Nation Entertainment (NYSE:LYV) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Live Nation Entertainment earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.7362312885743 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Several research analysts have recently commented on LYV shares. Zacks Investment Research downgraded Live Nation Entertainment from a “buy” rating to a “hold” rating in a research note on Thursday, October 26th. Citigroup downgraded Live Nation Entertainment from a “buy” rating to a “neutral” rating and set a $47.00 price objective on the stock. in a research note on Friday, December 22nd. Macquarie reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Live Nation Entertainment in a research note on Wednesday, January 17th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Live Nation Entertainment in a research note on Wednesday, October 18th. Finally, Jefferies Group reaffirmed a “buy” rating and issued a $42.00 price objective on shares of Live Nation Entertainment in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $44.57.

Live Nation Entertainment (NYSE:LYV) traded down $1.24 during trading hours on Friday, hitting $44.73. The company had a trading volume of 1,184,471 shares, compared to its average volume of 1,296,499. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.11 and a quick ratio of 1.11. Live Nation Entertainment has a 12-month low of $28.00 and a 12-month high of $46.99. The stock has a market capitalization of $9,410.00, a PE ratio of 2,280.14 and a beta of 1.01.

Live Nation Entertainment (NYSE:LYV) last released its earnings results on Thursday, November 2nd. The company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.02). Live Nation Entertainment had a return on equity of 3.33% and a net margin of 0.50%. The business had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.36 billion. During the same quarter in the prior year, the business posted $0.49 EPS. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. research analysts predict that Live Nation Entertainment will post -0.44 EPS for the current year.

In related news, CEO Michael Rapino sold 70,000 shares of the stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $42.87, for a total transaction of $3,000,900.00. Following the completion of the sale, the chief executive officer now owns 115,277 shares in the company, valued at $4,941,924.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joe Berchtold sold 20,000 shares of the stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $45.43, for a total value of $908,600.00. Following the sale, the chief operating officer now owns 117,918 shares of the company’s stock, valued at approximately $5,357,014.74. The disclosure for this sale can be found here. Insiders have sold 1,106,511 shares of company stock valued at $49,467,752 in the last quarter. 4.77% of the stock is currently owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Live Nation Entertainment (NYSE:LYV)

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