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Sirius XM Holdings Inc (NASDAQ: SIRI) closed the day trading at $3.54 down -4.84% from the previous closing price of $3.72. In other words, the price has decreased by -$4.84 from its previous closing price. On the day, 28.51 million shares were traded. SIRI stock price reached its highest trading level at $3.69 during the session, while it also had its lowest trading level at $3.49.
Ratios:
For a better understanding of SIRI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 191.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.35.
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 Jun 12 ’24 when Salen Kristina sold 12,518 shares for $2.60 per share. The transaction valued at 32,547 led to the insider holds 169,309 shares of the business.
Salen Kristina sold 12,518 shares of SIRI for $32,797 on Jun 05 ’24. The Director now owns 181,827 shares after completing the transaction at $2.62 per share. On Feb 13 ’24, another insider, Inzerillo Joseph A, who serves as the Chief Product & Tech. Officer of the company, sold 107,611 shares for $4.90 each. As a result, the insider received 527,294 and left with 746,816 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 13617141760 and an Enterprise Value of 23123077120. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.61, and their Forward P/E ratio for the next fiscal year is 11.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52. Its current Enterprise Value per Revenue stands at 2.578 whereas that against EBITDA is 8.87.
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 15.52%, while the 200-Day Moving Average is calculated to be -13.96%.
Shares Statistics:
Over the past 3-months, SIRI traded about 41.04M shares per day on average, while over the past 10 days, SIRI traded about 37169900 shares per day. A total of 3.84B shares are outstanding, with a floating share count of 628.08M. Insiders hold about 83.67% of the company’s shares, while institutions hold 9.69% stake in the company. Shares short for SIRI as of 1721001600 were 166360893 with a Short Ratio of 4.05, compared to 1718323200 on 153385648. Therefore, it implies a Short% of Shares Outstanding of 166360893 and a Short% of Float of 4.4299997.
Dividends & Splits
SIRI’s forward annual dividend rate is 0.10, up from 0.102 a year ago. Against a Trailing Annual Dividend Yield of 0.027419355The stock’s 5-year Average Dividend Yield is 1.42.
