Added to YB: 2024-02-12
Pitch date: 2024-02-09
LYV [bullish]
Live Nation Entertainment, Inc.
+59.59%
current return
Author Info
No bio for this author
Company Info
Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments.
Market Cap
$30.7B
Pitch Price
$89.69
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.18
P/E
96.10
EV/Sales
1.42
Sector
Entertainment
Category
special_situation
Live Nation: In-Depth Look At Overblown Regulatory Risks And Why I'm Not Worried
LYV faces regulatory scrutiny but DOJ action fears overstated. Operates concerts, ticketing & ads w/ 20% ROIC. Despite larger EBITDA vs pre-2020, trades at 11.5x (28% discount to 2019). Precedent suggests DOJ case unlikely to succeed. Low valuation = opportunity for re-rating once legal concerns ease.
Read full article (9 min)