Market Recap Check: Sirius XM Holdings Inc. (SIRI)’s Negative Finish at 27.18, Up/Down -1.56

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The price of Sirius XM Holdings Inc. (NASDAQ: SIRI) closed at $27.18 in the last session, down -1.56% from day before closing price of $27.61. In other words, the price has decreased by -$1.56 from its previous closing price. On the day, 7.34 million shares were traded. SIRI stock price reached its highest trading level at $28.19 during the session, while it also had its lowest trading level at $27.02.

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 92.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.64. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.43.

Guggenheim Upgraded its Neutral to Buy on September 18, 2024, while the target price for the stock was maintained at $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 Oct 17 ’24 when BERKSHIRE HATHAWAY INC bought 1,040,000 shares for $27.01 per share. The transaction valued at 28,094,248 led to the insider holds 110,101,221 shares of the business.

BERKSHIRE HATHAWAY INC bought 342,133 shares of SIRI for $9,233,143 on Oct 16 ’24. The 10% Owner now owns 109,061,221 shares after completing the transaction at $26.99 per share. On Oct 18 ’24, another insider, BERKSHIRE HATHAWAY INC, who serves as the 10% Owner of the company, bought 175,569 shares for $27.43 each. As a result, the insider paid 4,815,945 and bolstered with 110,276,790 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 9217662976 and an Enterprise Value of 19920852992. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.10, and their Forward P/E ratio for the next fiscal year is 8.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.04. Its current Enterprise Value per Revenue stands at 2.239 whereas that against EBITDA is 7.653.

Stock Price History:

Over the past 52 weeks, SIRI has reached a high of $57.80, while it has fallen to a 52-week low of $22.18. The 50-Day Moving Average of the stock is 0.07%, while the 200-Day Moving Average is calculated to be -22.13%.

Shares Statistics:

According to the various share statistics, SIRI traded on average about 4.77M shares per day over the past 3-months and 7851450 shares per day over the past 10 days. A total of 384.30M shares are outstanding, with a floating share count of 335.39M. Insiders hold about 1.10% of the company’s shares, while institutions hold 12.98% stake in the company. Shares short for SIRI as of 1727654400 were 16618320 with a Short Ratio of 3.48, compared to 1723680000 on 12951945. Therefore, it implies a Short% of Shares Outstanding of 16618320 and a Short% of Float of 5.04.

Dividends & Splits

The forward annual dividend rate for SIRI is 1.06, which was 1.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03766751The stock’s 5-year Average Dividend Yield is 1.56.

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