Sirius XM Holdings Inc. [NASDAQ: SIRI] jumped around 0.05 points on Friday, while shares priced at $4.26 at the close of the session, up 1.19%. The company report on September 5, 2023 at 4:30 PM that SiriusXM to Present at the Bank of America Media, Communications & Entertainment Conference.
SiriusXM (NASDAQ: SIRI) today announced that Jennifer Witz, Chief Executive Officer, will present at the Bank of America Media, Communications & Entertainment Conference on Thursday, September 14 at 10:30 am ET.
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A webcast of the presentations will be available on the Investor Relations section of the SiriusXM website at siriusxm.com/investorrelations.
Sirius XM Holdings Inc. stock is now -27.05% down from its year-to-date (YTD) trading value. SIRI Stock saw the intraday high of $4.27 and lowest of $4.17 per share. The company’s 52-week high price is 7.95, which means current price is +28.31% above from all time high which was touched on 07/20/23.
Compared to the average trading volume of 20.93M shares, SIRI reached a trading volume of 15162391 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Sirius XM Holdings Inc. [SIRI]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SIRI shares is $4.94 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SIRI stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Pivotal Research Group have made an estimate for Sirius XM Holdings Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 02, 2023.
The Average True Range (ATR) for Sirius XM Holdings Inc. is set at 0.22, with the Price to Sales ratio for SIRI stock in the period of the last 12 months amounting to 1.81. Price to Free Cash Flow for SIRI in the course of the last twelve months was 12.20.
How has SIRI stock performed recently?
Sirius XM Holdings Inc. [SIRI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.18. With this latest performance, SIRI shares dropped by -12.70% in over the last four-week period, additionally plugging by 12.11% over the last 6 months – not to mention a drop of -31.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SIRI stock in for the last two-week period is set at 43.88, with the RSI for the last a single of trading hit 43.37, and the three-weeks RSI is set at 45.47 for Sirius XM Holdings Inc. [SIRI]. The present Moving Average for the last 50 days of trading for this stock 4.78, while it was recorded at 4.31 for the last single week of trading, and 4.66 for the last 200 days.
Sirius XM Holdings Inc. [SIRI]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Sirius XM Holdings Inc. [SIRI] shares currently have an operating margin of +23.33 and a Gross Margin at +43.83. Sirius XM Holdings Inc.’s Net Margin is presently recorded at +13.47.
Return on Total Capital for SIRI is now 32.09, given the latest momentum, and Return on Invested Capital for the company is 18.96. Additionally, SIRI Total Debt to Total Capital is recorded at 151.78, with Total Debt to Total Assets ending up at 98.00.
Reflecting on the efficiency of the workforce at the company, Sirius XM Holdings Inc. [SIRI] managed to generate an average of $206,679 per employee. Receivables Turnover for the company is 13.08 with a Total Asset Turnover recorded at a value of 0.89.Sirius XM Holdings Inc.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.30.
Earnings analysis for Sirius XM Holdings Inc. [SIRI]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SIRI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Sirius XM Holdings Inc. go to 7.76%.
Insider trade positions for Sirius XM Holdings Inc. [SIRI]
The top three institutional holders of SIRI stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in SIRI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in SIRI stock with ownership which is approximately 5.7381%.
