After finishing at $3.88 in the prior trading day, Sirius XM Holdings Inc (NASDAQ: SIRI) closed at $3.89, up 0.26%. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 9175472 shares were traded.
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 69.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.46. 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 this company, Guggenheim on March 14, 2024, initiated with a Neutral rating and assigned the stock a target price of $4.
On January 23, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $5 to $4.50.
Pivotal Research Group Upgraded its Sell to Hold on August 02, 2023, whereas the target price for the stock was revised from $4.50 to $5.
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 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 14.93B and an Enterprise Value of 24.24B. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.98, and their Forward P/E ratio for the next fiscal year is 12.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.67. Its current Enterprise Value per Revenue stands at 2.71 whereas that against EBITDA is 9.55.
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 $3.32. The 50-Day Moving Average of the stock is 4.7022, while the 200-Day Moving Average is calculated to be 4.6845.
Shares Statistics:
The stock has traded on average 13.67M shares per day over the past 3-months and 18.1M 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 623.86M. Insiders hold about 83.76% of the company’s shares, while institutions hold 11.01% stake in the company. Shares short for SIRI as of Feb 29, 2024 were 151.7M with a Short Ratio of 11.10, compared to 166.28M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.95% and a Short% of Float of 24.82%.
Dividends & Splits
In the trailing 12 months, SIRI’s forward annual dividend rate was 0.10, compared to 0.10 this year. Against a Trailing Annual Dividend Yield of 2.55%, it implies a Forward Annual Dividend Yield of 2.74%. The stock’s 5-year Average Dividend Yield is 1.25.
Earnings Estimates
Its stock is currently analyzed by 11 different market analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.06, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.35 and $0.27 for the fiscal current year, implying an average EPS of $0.3. EPS for the following year is $0.33, with 12 analysts recommending between $0.38 and $0.29.
Revenue Estimates
11 analysts predict $2.13B in revenue for the current quarter. It ranges from a high estimate of $2.16B to a low estimate of $2.1B. As of the current estimate, Sirius XM Holdings Inc’s year-ago sales were $2.14B, an estimated decrease of -0.70% from the year-ago figure.
A total of 13 analysts have provided revenue estimates for SIRI’s current fiscal year. The highest revenue estimate was $8.95B, while the lowest revenue estimate was $8.75B, resulting in an average revenue estimate of $8.81B. In the same quarter a year ago, actual revenue was $8.95B, down -1.60% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $9.23B in the next fiscal year. The high estimate is $12.12B and the low estimate is $8.7B. The average revenue growth estimate for next year is up 4.80% from the average revenue estimate for this year.
