Sirius XM Holdings Inc [NASDAQ: SIRI] stock went on a downward path that fall over -1.28% on Friday, amounting to a one-week price decrease of less than -6.46%. The company report on November 8, 2023 at 1:05 PM that SiriusXM Unveils Next Generation Platform, Bringing Fans Closer To What They Love.
New SiriusXM app will begin rolling out on December 14.
New original programming coming to SiriusXM includes new artist channels Kelly Clarkson Connection and Life with John Mayer, a new show from James Corden, a true crime channel with Ashley Flowers, and takeovers by over 160 celebrity guest DJs.
Over the last 12 months, SIRI stock dropped by -26.74%. The one-year Sirius XM Holdings Inc stock forecast points to a potential upside of 4.54. The average equity rating for SIRI stock is currently 3.29, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $17.77 billion, with 3.89 billion shares outstanding and 623.19 million shares in the current float. Compared to the average trading volume of 14.83M shares, SIRI stock reached a trading volume of 12739474 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $4.85 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 3.29. 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 0.23, with the Price to Sales ratio for SIRI stock in the period of the last 12 months amounting to 1.99. Price to Free Cash Flow for SIRI in the course of the last twelve months was 13.80 with Quick ratio for the last quarter at 0.33.
SIRI Stock Performance Analysis:
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 -6.46. With this latest performance, SIRI shares gained by 0.87% in over the last four-week period, additionally plugging by 30.42% over the last 6 months – not to mention a drop of -26.74% 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 53.80, with the RSI for the last a single of trading hit 53.79, and the three-weeks RSI is set at 53.13 for Sirius XM Holdings Inc [SIRI]. The present Moving Average for the last 50 days of trading for this stock 4.39, while it was recorded at 4.68 for the last single week of trading, and 4.30 for the last 200 days.
Insight into Sirius XM Holdings Inc 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 Quick Ratio of 0.33 and a Current Ratio set at 0.33.
SIRI Stock EPS
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 7.54%.
Sirius XM Holdings Inc [SIRI] Institutonal Ownership Details
The top three institutional holders of SIRI stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in SIRI stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in SIRI stock with ownership which is approximately 5.7994%.