Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Sirius XM Holdings Inc’s stock clocked out at $3.06, down -0.65% from its previous closing price of $3.08. In other words, the price has decreased by -$0.65 from its previous closing price. On the day, 9.29 million shares were traded. SIRI stock price reached its highest trading level at $3.075 during the session, while it also had its lowest trading level at $3.04.
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 165.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.90. 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 11847616512 and an Enterprise Value of 21276692480. As of this moment, Sirius’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.17, and their Forward P/E ratio for the next fiscal year is 9.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31. Its current Enterprise Value per Revenue stands at 2.372 whereas that against EBITDA is 8.161.
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 $2.92. The 50-Day Moving Average of the stock is -15.17%, while the 200-Day Moving Average is calculated to be -31.83%.
Shares Statistics:
It appears that SIRI traded 17.25M shares on average per day over the past three months and 21569380 shares per day over the past ten days. A total of 3.84B shares are outstanding, with a floating share count of 625.39M. Insiders hold about 83.74% of the company’s shares, while institutions hold 10.91% stake in the company. Shares short for SIRI as of 1713139200 were 127173161 with a Short Ratio of 7.37, compared to 1710460800 on 131726558. Therefore, it implies a Short% of Shares Outstanding of 127173161 and a Short% of Float of 20.29.
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 0.033405382The stock’s 5-year Average Dividend Yield is 1.33.
