Live Nation Entertainment, Inc. (LYV - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company —as the stock is now up 14.3% in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of one increase and one decrease over the past one month, while the Zacks Consensus Estimate for the current quarter has moved lower over the same time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Live Nation Entertainment currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the Leisure and Recreation Services industry is Norwegian Cruise Line Holdings Ltd. (NCLH - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is LYV going up? Or down? Predict to see what others think: Up or Down
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