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In other words, the price has increased by $0.00 from its previous closing price. On the day, 17.79 million shares were traded. SIRI stock price reached its highest trading level at $3.19 during the session, while it also had its lowest trading level at $3.13.
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 56.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.39 and its Current Ratio is at 0.39.
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 April 24, 2024, Upgraded its rating to Buy and sets its target price to $4.90 from $5.05 previously.
On April 24, 2024, Citigroup Upgraded its rating to Neutral which previously was Sell and also lowered its target price recommendation from $4.10 to $3.30.
On March 14, 2024, Guggenheim started tracking the stock assigning a Neutral rating and target price of $4.Guggenheim initiated its Neutral rating on March 14, 2024, with a $4 target price.
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 Feb 13 ’24 when Inzerillo Joseph A sold 107,611 shares for $4.90 per share. The transaction valued at 527,294 led to the insider holds 746,816 shares of the business.
MEYER JAMES E sold 800,000 shares of SIRI for $3,935,920 on Feb 09 ’24. The Director now owns 1,091,472 shares after completing the transaction at $4.92 per share. On Aug 28 ’23, another insider, Witz Jennifer C, who serves as the CEO of the company, bought 250,000 shares for $4.11 each. As a result, the insider paid 1,026,900 and bolstered with 2,812,000 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 12154908672 and an Enterprise Value of 21459179520. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.74, and their Forward P/E ratio for the next fiscal year is 9.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.36. Its current Enterprise Value per Revenue stands at 2.397 whereas that against EBITDA is 8.311.
Stock Price History:
Over the past 52 weeks, SIRI has reached a high of $7.95, while it has fallen to a 52-week low of $3.04. The 50-Day Moving Average of the stock is -20.59%, while the 200-Day Moving Average is calculated to be -31.62%.
Shares Statistics:
According to the various share statistics, SIRI traded on average about 15.56M shares per day over the past 3-months and 16845430 shares per day over the past 10 days. A total of 3.84B shares are outstanding, with a floating share count of 624.52M. Insiders hold about 83.76% of the company’s shares, while institutions hold 10.92% stake in the company. Shares short for SIRI as of 1711584000 were 138682021 with a Short Ratio of 8.91, compared to 1709164800 on 151695110. Therefore, it implies a Short% of Shares Outstanding of 138682021 and a Short% of Float of 22.12.
Dividends & Splits
The forward annual dividend rate for SIRI is 0.10, which was 0.099 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.031329114The stock’s 5-year Average Dividend Yield is 1.28.
