Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The closing price of Sirius XM Holdings Inc. (NASDAQ: SIRI) was $22.73 for the day, down -1.94% from the previous closing price of $23.18. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 4.89 million shares were traded. SIRI stock price reached its highest trading level at $23.4 during the session, while it also had its lowest trading level at $22.62.
Ratios:
Our analysis of SIRI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 77.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.39. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43.
On September 18, 2024, Guggenheim Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $30.
Citigroup Downgraded its Neutral to Sell on July 25, 2024, while the target price for the stock was maintained at $2.80.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 08 ’24 when Greenstein Scott Andrew sold 1,447,238 shares for $3.16 per share. The transaction valued at 4,578,482 led to the insider holds 989,331 shares of the business.
Salen Kristina sold 12,518 shares of SIRI for $32,547 on Jun 12 ’24. The Director now owns 169,309 shares after completing the transaction at $2.60 per share. On Jun 05 ’24, another insider, Salen Kristina, who serves as the Director of the company, sold 12,518 shares for $2.62 each. As a result, the insider received 32,797 and left with 181,827 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 7708515840 and an Enterprise Value of 18041874432. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.77, and their Forward P/E ratio for the next fiscal year is 6.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87. Its current Enterprise Value per Revenue stands at 2.027 whereas that against EBITDA is 6.931.
Stock Price History:
Over the past 52 weeks, SIRI has reached a high of $57.80, while it has fallen to a 52-week low of $22.50. The 50-Day Moving Average of the stock is -21.76%, while the 200-Day Moving Average is calculated to be -37.96%.
Shares Statistics:
SIRI traded an average of 4.37M shares per day over the past three months and 5943690 shares per day over the past ten days. A total of 384.30M shares are outstanding, with a floating share count of 335.83M. Insiders hold about 0.97% of the company’s shares, while institutions hold 12.58% stake in the company. Shares short for SIRI as of 1726185600 were 15491508 with a Short Ratio of 3.55, compared to 1722384000 on 13995747. Therefore, it implies a Short% of Shares Outstanding of 15491508 and a Short% of Float of 4.6899999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.04486626The stock’s 5-year Average Dividend Yield is 1.56.
