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The price of Sirius XM Holdings Inc (NASDAQ: SIRI) closed at $3.46 in the last session, up 11.61% from day before closing price of $3.10. In other words, the price has increased by $11.61 from its previous closing price. On the day, 74.83 million shares were traded. SIRI stock price reached its highest trading level at $3.55 during the session, while it also had its lowest trading level at $3.12.
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 187.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.35.
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, Evercore ISI on June 24, 2024, Upgraded its rating to In-line and sets its target price to $3.25 from $4.25 previously.
On May 01, 2024, Goldman Upgraded its rating to Neutral which previously was Sell and also lowered its target price recommendation from $3.50 to $3.25.
Seaport Research Partners Upgraded its Neutral to Buy on April 29, 2024, while the target price for the stock was maintained at $4.30.
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 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 13578603520 and an Enterprise Value of 23084609536. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.37, and their Forward P/E ratio for the next fiscal year is 10.85. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48. Its current Enterprise Value per Revenue stands at 2.573 whereas that against EBITDA is 8.855.
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 $2.45. The 50-Day Moving Average of the stock is 20.37%, while the 200-Day Moving Average is calculated to be -16.88%.
Shares Statistics:
According to the various share statistics, SIRI traded on average about 33.46M shares per day over the past 3-months and 83864930 shares per day over the past 10 days. 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 9.90% stake in the company. Shares short for SIRI as of 1718323200 were 153385648 with a Short Ratio of 4.58, compared to 1715731200 on 144106817. Therefore, it implies a Short% of Shares Outstanding of 153385648 and a Short% of Float of 24.47.
Dividends & Splits
The forward annual dividend rate for SIRI is 0.10, which was 0.102 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.032903228The stock’s 5-year Average Dividend Yield is 1.42.
