Mike Arnold
Long only, small-cap, tech, growth at reasonable price

SFX Entertainment: A Pure Play On Electronic Dance Music That Can Wait

Festival season is here for concertgoers, which means it is a good time to examine shares of live music operators. I have been on the record (here) discussing my bullishness on shares of Live Nation Entertainment (NYSE:LYV) due to its evolving ecosystem and global scale.

Now, Live Nation has a publicly-traded comparable in SFX Entertainment (NASDAQ:SFXE) which went public last fall. Since the IPO, shares of SFXE have gyrated capriciously and now sit well below the $12 IPO price, valuing the company at $680 million.

(click to enlarge)

SFXE data by YCharts

SFX Entertainment is a producer of live events and digital entertainment content focused in the niche electronic dance music ("EDM") sector. To...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details