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After finishing at $3.02 in the prior trading day, Sirius XM Holdings Inc (NASDAQ: SIRI) closed at $2.99, down -0.83%. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 19.04 million shares were traded. SIRI stock price reached its highest trading level at $3.08 during the session, while it also had its lowest trading level at $2.98.
Ratios:
Our goal is to gain a better understanding of SIRI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 115.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43.
On June 24, 2024, Evercore ISI Upgraded its rating to In-line which previously was Underperform and also lowered its target price recommendation from $4.25 to $3.25.
Goldman Upgraded its Sell to Neutral on May 01, 2024, whereas the target price for the stock was revised from $3.50 to $3.25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 11531828224 and an Enterprise Value of 20821837824. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.92, and their Forward P/E ratio for the next fiscal year is 9.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30. Its current Enterprise Value per Revenue stands at 2.34 whereas that against EBITDA is 7.999.
Stock Price History:
Over the past 52 weeks, SIRI has reached a high of $5.78, while it has fallen to a 52-week low of $2.45. The 50-Day Moving Average of the stock is -5.09%, while the 200-Day Moving Average is calculated to be -25.47%.
Shares Statistics:
The stock has traded on average 40.31M shares per day over the past 3-months and 13741320 shares per day over the last 10 days, according to various share statistics. A total of 3.84B shares are outstanding, with a floating share count of 630.15M. Insiders hold about 83.63% of the company’s shares, while institutions hold 11.76% stake in the company. Shares short for SIRI as of 1722384000 were 139957470 with a Short Ratio of 3.47, compared to 1719532800 on 156539330. Therefore, it implies a Short% of Shares Outstanding of 139957470 and a Short% of Float of 3.7199999999999998.
Dividends & Splits
In the trailing 12 months, SIRI’s forward annual dividend rate was 0.104, compared to 0.11 this year. Against a Trailing Annual Dividend Yield of 0.034437086The stock’s 5-year Average Dividend Yield is 1.46.
