An average trading volume for Sirius XM Holdings Inc. (SIRI) has been steady over the recent period.

The price of Sirius XM Holdings Inc. (NASDAQ: SIRI) closed at 5.91 in the last session, down -1.50% from day before closing price of $6.00. In other words, the price has decreased by $-0.09 from its previous closing price. On the day, 13762970 shares were traded. SIRI reached its highest trading level at $6.05 during the session, while it also had its lowest trading level at $5.91.

Top 5 Cheap Stocks to Own Right Now

While finding safe stocks with the potential for monster gains isn't always easy, we've found a few that could pay out well. In fact, within our report, "Top 5 Cheap Stock to Own Right Now", we have identified five stocks we believe could appreciate the most even if you just have $1,000 to invest.

Sign up here to get your free report now.

Sponsored

Ratios:

We take a closer look at SIRI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 181.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 98.70.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Pivotal Research Group on August 01, 2022, Downgraded its rating to Hold and sets its target price to $7.10 from $7.55 previously.

On April 19, 2022, Rosenblatt started tracking the stock assigning a Buy rating and target price of $8.

Morgan Stanley Downgraded its Equal-Weight to Underweight on April 18, 2022, while the target price for the stock was maintained at $7.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 04 when DONNELLY PATRICK L sold 408,274 shares for $6.75 per share. The transaction valued at 2,755,850 led to the insider holds 791,342 shares of the business.

BARRY THOMAS D sold 40,793 shares of SIRI for $265,562 on Jul 29. The Senior VP & Controller now owns 1,111,973 shares after completing the transaction at $6.51 per share. On Jul 29, another insider, Greenstein Scott Andrew, who serves as the Pres. & Chief Content Officer of the company, sold 1,081,370 shares for $6.58 each. As a result, the insider received 7,120,149 and left with 7,198,469 shares of the company.

Valuation Measures:

As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.88, and their Forward P/E ratio for the next fiscal year is 17.13. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57.

Stock Price History:

Over the past 52 weeks, SIRI has reached a high of $6.85, while it has fallen to a 52-week low of $5.69. The 50-Day Moving Average of the stock is 6.36, while the 200-Day Moving Average is calculated to be 6.29.

Shares Statistics:

According to the various share statistics, SIRI traded on average about 15.25M shares per day over the past 3-months and 17.18M shares per day over the past 10 days. A total of 3.93B shares are outstanding, with a floating share count of 663.11M. Insiders hold about 0.30% of the company’s shares, while institutions hold 11.30% stake in the company. Shares short for SIRI as of Jul 14, 2022 were 194.23M with a Short Ratio of 13.62, compared to 197.39M on Jun 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.93% and a Short% of Float of 27.54%.

Dividends & Splits

The forward annual dividend rate for SIRI is 0.09, which was 0.06 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.93%, it implies a Forward Annual Dividend Yield of 1.32%. The stock’s 5-year Average Dividend Yield is 0.86.

Earnings Estimates

The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.08, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.07.

Analysts are recommending an EPS of between $0.35 and $0.31 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.35, with 16 analysts recommending between $0.4 and $0.29.

Revenue Estimates

A total of 17 analysts have provided revenue estimates for SIRI’s current fiscal year. The highest revenue estimate was $9.16B, while the lowest revenue estimate was $8.94B, resulting in an average revenue estimate of $9.04B. In the same quarter a year ago, actual revenue was $8.7B, up 4.00% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $9.38B in the next fiscal year. The high estimate is $9.71B and the low estimate is $9.09B. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.