Dwell Nation Leisure, Inc. (NYSE:LYV): Are Analysts Optimistic?

With the business possibly at an important milestone, we thought we should take a closer look Live Nation Entertainment, Inc. (NYSE: LYV) Future prospects. Live Nation Entertainment, Inc. operates as a live entertainment company. With a recent loss of $ 1.7 billion and a loss of $ 1.8 billion over the past twelve months, the $ 20 billion market-cap company added to its loss by moving further from its break-even point. Target distant. With the road to profitability being the theme for Live Nation Entertainment investors, we decided to measure market sentiment. In this article, we look at expectations for the company’s growth and when analysts expect it to be profitable.

Check out our latest analysis for Live Nation Entertainment

According to the 14 industry analysts at Live Nation Entertainment, there is consensus that break-even is close. They anticipate the company will post a final loss in 2021 before posting positive profit of $ 243 million in 2022. Hence, the company is expected to break even in a little over a year. How fast does the company have to grow each year to break even by 2022? Based on the analysts’ estimates, it turns out that they expect the company to grow an average of 58% year-on-year, which signals a high level of analyst confidence. If this rate turns out to be too aggressive, the company can become profitable much later than analysts predict.

NYSE: LYV earnings per share growth June 4, 2021

Since this is a general overview, we won’t go into Live Nation Entertainment’s upcoming projects, but keep in mind that a high rate of growth is generally not uncommon, especially when a company is at a time of investment.

One thing that we want to bring to light with Live Nation Entertainment is that it currently has negative equity on its balance sheet. Accounting policies used to handle losses accumulated over time can cause this. This is because liabilities are carried forward until they are canceled. These losses usually only appear on paper, but can be a warning in other cases.

Next Steps:

There are too many aspects of Live Nation Entertainment to be covered in one short article, but the most important fundamentals for the company are all in one place – Live Nation Entertainment corporate page on Simply Wall St. We’ve also put together a list of key factors to keep in mind:

  1. rating: What is Live Nation Entertainment worth today? Is the future growth potential already factored into the price? The Infographic on intrinsic value in our free research report helps to visualize whether Live Nation Entertainment is currently being mispriced by the market.
  2. Management team: An experienced management team at the top strengthens our confidence in the business – see who sits on the board of Live Nation Entertainment and the background of the CEO.
  3. Other high performing stocks: Are there any other stocks that have a proven track record of offering better prospects? Discover our Free list of these great stocks here.

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This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. Our goal is to provide you with long-term, focused analysis based on fundamentals. Note that our analysis may not take into account the latest company announcements or quality material, which may be sensitive to the price. Simply Wall St has no position in the stocks mentioned.
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Issues Look Grim For Dwell Nation Leisure, Inc. (NYSE:LYV) After At this time’s Downgrade

The analysts report Live Nation Entertainment, Inc. ((NYSE: LYV) delivered a dose of negativity to shareholders today by fundamentally revising their legal outlook for this year. Revenue and earnings per share (EPS) forecasts have been revised downwards, with analysts seeing gray clouds on the horizon.

After this downgrade, the twelve analysts at Live Nation Entertainment forecast revenues of $ 6.4 billion in 2021. This would be a significant sales improvement of 246% compared to the last 12 months. Losses are expected to decrease significantly, falling 59% to $ 3.29. Before the latest estimates, however, analysts had forecast sales of $ 7.3 billion and a loss of $ 1.96 per share in 2021. So there has been quite a change of opinion following recent consensus updates, with analysts taking a serious cut to their sales forecasts while anticipating a spike in losses per share.

Check out our latest analysis for Live Nation Entertainment

NYSE: LYV earnings and revenue growth March 6, 2021

The consensus price target rose 10% to $ 81.82, which clearly indicates the weaker revenue and EPS outlook shouldn’t weigh on the stock long term. However, setting a single price target can be unwise because the consensus target is effectively the average of the analyst price targets. As a result, some investors enjoy looking at the various estimates to see if there are different opinions about company valuation. Right now, the most bullish analyst rates Live Nation Entertainment at $ 100.00 per share, while the most bearish analyst rates it at $ 50.00. That’s a pretty wide spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the company.

Now, looking at the bigger picture, one of the ways we can understand these projections is by seeing how they measure up against both past performance estimates and industry growth estimates. For example, we’ve determined that Live Nation Entertainment’s growth rate is expected to accelerate significantly. Annual sales growth of 246% is forecast until the end of 2021. This is well above the historic decline of 0.09% per year over the past five years. In contrast, our data suggests that other companies (with analyst coverage) in the industry are forecasting revenue growth of 15% per year. So it looks like Live Nation Entertainment is growing faster than its peers, at least for a while.

The bottom line

Most importantly, analysts have increased their estimates for loss per share for this year. Unfortunately, analysts have also downgraded their revenue estimates, although our data suggests that revenue is likely to outperform the broader market. The rising target price is a mystery, but with a serious cut to this year’s outlook, we wouldn’t be surprised if investors were a little suspicious of Live Nation Entertainment.

Still, the long-term prospects for the business are far more relevant than next year’s results. We have estimates – from multiple analysts at Live Nation Entertainment – for 2025, and you can See them here for free on our platform.

See company management, of course invest large sums of money in a stock can be just as useful as knowing if analysts are downgrading their estimates. You may also want to look for this free List of stocks that insiders are buying.

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This article from Simply Wall St is of a general nature. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. We want to provide you with a long-term, focused analysis based on fundamental data. Note that our analysis may not take into account the latest price sensitive company announcements or quality materials. Simply Wall St has no position in the stocks mentioned.
* Interactive brokers have been rated as Lowest Cost Brokers by StockBrokers.com. Annual online review 2020

Do you have any feedback on this article? Concerned about the content? Get in touch directly with us. Alternatively, you can also send an email to the editorial team (at) simplywallst.com.