Hershey Co vs Live Nation Entertainment, Inc. — how do they compare? Hershey Co trades at $171.9 (market cap $34.83B), while Live Nation Entertainment, Inc. trades at $180.98 (market cap $42.09B). The key difference: Live Nation Entertainment, Inc. is the larger of the two by market cap, and Hershey Co pays a 3.38% dividend while Live Nation Entertainment, Inc. pays none. Which is the better fit depends on your goals.
| HSY | LYV | |
|---|---|---|
Market Cap | $34.83B | $42.09B |
Sector | Consumer Staples | Industrials |
52-Week High | $236.28 | $186.59 |
52-Week Low | $162.31 | $125.61 |
Enterprise Value | $39.63B | $43.59B |
Dividend Yield | 3.38% | — |
Trailing returns across standard periods
Latest headlines on both assets
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 46% of the domestic chocolate space (per IRI). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix and Pirate Brands (including the Pirate's Booty, Smart Puffs, and Original Tings brands) over the past few years.
Read more on HSY →Live Nation is the largest live entertainment firm in the world with over 570 million fans served in 44 countries in 2018 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 235 venues including the House of Blues, the Hollywood Palladium, and Spark Arena in New Zealand. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 480 million tickets for over 12,000 clients in 2018. The firm's artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 33% of Live Nation, held under its SiriusXM tracking stock.
Read more on LYV →