There Is Still Room For Sirius XM Holdings Inc. (SIRI) to Improve Its Value – Let’s Wait for Clarity

The price of Sirius XM Holdings Inc. (NASDAQ: SIRI) closed at $3.49 in the last session, down -1.13% from day before closing price of $3.53. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 10173879 shares were traded. SIRI stock price reached its highest trading level at $3.5200 during the session, while it also had its lowest trading level at $3.4500.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks 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 261.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.89.

Upgrades & Downgrades

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 Nov 23 when Salen Kristina sold 44,670 shares for $6.46 per share. The transaction valued at 288,568 led to the insider holds 93,969 shares of the business.

BARRY THOMAS D sold 33,639 shares of SIRI for $214,785 on Nov 11. The Senior VP & Controller now owns 351,369 shares after completing the transaction at $6.38 per share. On Aug 04, another insider, DONNELLY PATRICK L, who serves as the EVP, General Counsel & Sec. of the company, sold 408,274 shares for $6.75 each. As a result, the insider received 2,755,850 and left with 791,342 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SIRI now has a Market Capitalization of 13.89B and an Enterprise Value of 23.71B. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.12, and their Forward P/E ratio for the next fiscal year is 11.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55. Its current Enterprise Value per Revenue stands at 2.65 whereas that against EBITDA is 9.43.

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 $3.32. The 50-Day Moving Average of the stock is 3.7456, while the 200-Day Moving Average is calculated to be 5.2730.

Shares Statistics:

According to the various share statistics, SIRI traded on average about 16.41M shares per day over the past 3-months and 13.42M shares per day over the past 10 days. A total of 3.89B shares are outstanding, with a floating share count of 658.59M. Insiders hold about 0.30% of the company’s shares, while institutions hold 10.70% stake in the company. Shares short for SIRI as of May 14, 2023 were 193.54M with a Short Ratio of 193.54M, compared to 186.44M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.00% and a Short% of Float of 30.38%.

Dividends & Splits

The forward annual dividend rate for SIRI is 0.10, which was 0.09 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.61%, it implies a Forward Annual Dividend Yield of 2.74%. The stock’s 5-year Average Dividend Yield is 1.01.

Earnings Estimates

The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.06, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.07.

Analysts are recommending an EPS of between $0.32 and $0.25 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.31, with 12 analysts recommending between $0.34 and $0.27.

Revenue Estimates

According to 11 analysts, the current quarter’s revenue is expected to be $2.24B. It ranges from a high estimate of $2.27B to a low estimate of $2.17B. As of the current estimate, Sirius XM Holdings Inc.’s year-ago sales were $2.25B, an estimated decrease of -0.60% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $2.28B, an increase of 0.20% over than the figure of -$0.60% in the same quarter last year. There is a high estimate of $2.3B for the next quarter, whereas the lowest estimate is $2.19B.

A total of 13 analysts have provided revenue estimates for SIRI’s current fiscal year. The highest revenue estimate was $9.05B, while the lowest revenue estimate was $8.72B, resulting in an average revenue estimate of $8.99B. In the same quarter a year ago, actual revenue was $9B, down -0.20% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $9.25B in the next fiscal year. The high estimate is $9.46B and the low estimate is $9.04B. The average revenue growth estimate for next year is up 3.00% from the average revenue estimate for this year.