Market Watch Highlights: Sirius XM Holdings Inc (SIRI) Ends on an Downturn Note at 3.04

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As of close of business last night, Sirius XM Holdings Inc’s stock clocked out at $3.04, down -4.10% from its previous closing price of $3.17. In other words, the price has decreased by -$4.10 from its previous closing price. On the day, 23.51 million shares were traded. SIRI stock price reached its highest trading level at $3.205 during the session, while it also had its lowest trading level at $3.03.

Ratios:

To gain a deeper understanding of SIRI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 164.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.83. 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, Goldman on May 01, 2024, Upgraded its rating to Neutral and sets its target price to $3.25 from $3.50 previously.

On April 29, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $4.30.

Pivotal Research Group Upgraded its Hold to Buy on April 24, 2024, whereas the target price for the stock was revised from $5.05 to $4.90.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 11693754368 and an Enterprise Value of 21199759360. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.11, and their Forward P/E ratio for the next fiscal year is 9.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30. Its current Enterprise Value per Revenue stands at 2.363 whereas that against EBITDA is 8.132.

Stock Price History:

The Beta on a monthly basis for SIRI is 1.11, which has changed by -0.16253442 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, SIRI has reached a high of $7.95, while it has fallen to a 52-week low of $2.92. The 50-Day Moving Average of the stock is -13.38%, while the 200-Day Moving Average is calculated to be -31.70%.

Shares Statistics:

It appears that SIRI traded 17.26M shares on average per day over the past three months and 13897720 shares per day over the past ten days. A total of 3.84B shares are outstanding, with a floating share count of 628.75M. Insiders hold about 83.65% of the company’s shares, while institutions hold 10.24% stake in the company. Shares short for SIRI as of 1714435200 were 130377870 with a Short Ratio of 7.55, compared to 1711584000 on 138682021. Therefore, it implies a Short% of Shares Outstanding of 130377870 and a Short% of Float of 20.799999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.102, SIRI has a forward annual dividend rate of 0.10. Against a Trailing Annual Dividend Yield of 0.032176655The stock’s 5-year Average Dividend Yield is 1.33.

Earnings Estimates

The dynamic stock of Sirius XM Holdings Inc (SIRI) is currently being evaluated by a team of 10.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.07, while EPS last year was $0.08. The consensus estimate for the next quarter is $0.08, with high estimates of $0.1 and low estimates of $0.07.

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 $0.32, with 10.0 analysts recommending between $0.36 and $0.28.

Revenue Estimates

For the next quarter, 10 analysts are estimating revenue of $2.2B. There is a high estimate of $2.22B for the next quarter, whereas the lowest estimate is $2.18B.

A total of 12 analysts have provided revenue estimates for SIRI’s current fiscal year. The highest revenue estimate was $8.93B, while the lowest revenue estimate was $8.73B, resulting in an average revenue estimate of $8.8B. In the same quarter a year ago, actual revenue was $8.95BBased on 11 analysts’ estimates, the company’s revenue will be $8.94B in the next fiscal year. The high estimate is $9.14B and the low estimate is $8.76B.

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