Sirius XM Holdings Inc. [NASDAQ: SIRI] stock went on a downward path that fall over -1.57% on Tuesday, amounting to a one-week price decrease of less than -15.01%.
Over the last 12 months, SIRI stock dropped by -41.68%. The one-year Sirius XM Holdings Inc. stock forecast points to a potential upside of 34.63. The average equity rating for SIRI stock is currently 2.75, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $7.89 billion, with 384.30 million shares outstanding and 335.91 million shares in the current float. Compared to the average trading volume of 4.45M shares, SIRI stock reached a trading volume of 9937513 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 $35.60 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 2.75. 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.
Citigroup have made an estimate for Sirius XM Holdings Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on July 25, 2024. While these analysts kept the previous recommendation, Evercore ISI dropped their target price from $4.25 to $3.25. The new note on the price target was released on June 24, 2024, representing the official price target for Sirius XM Holdings Inc. stock. Previously, the target price had yet another drop from $3.50 to $3.25, while Goldman kept a Neutral rating on SIRI stock.
The Average True Range (ATR) for Sirius XM Holdings Inc. is set at 1.95, with the Price to Sales ratio for SIRI stock in the period of the last 12 months amounting to 0.89. Price to Free Cash Flow for SIRI in the course of the last twelve months was 6.54 with Quick ratio for the last quarter at 0.43.
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 -15.01. With this latest performance, SIRI shares dropped by -22.30% in over the last four-week period, additionally sinking by -42.26% over the last 6 months – not to mention a drop of -41.68% 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 28.24, with the RSI for the last a single of trading hit 22.23, and the three-weeks RSI is set at 33.09 for Sirius XM Holdings Inc. [SIRI]. The present Moving Average for the last 50 days of trading for this stock 32.09, while it was recorded at 25.05 for the last single week of trading, and 38.16 for the last 200 days.
Insight into Sirius XM Holdings Inc. Fundamentals:
Sirius XM Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.43 and a Current Ratio set at 0.43.
SIRI Stock EPS
With the latest financial reports released by the company, Sirius XM Holdings Inc. posted 0.9/share EPS, while the average EPS was predicted by analysts to be reported at 0.82/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.08. 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 3.75%.
Sirius XM Holdings Inc. [SIRI] Institutonal Ownership Details
There are presently around $95.50%, or 193.84%% of SIRI stock, in the hands of institutional investors. The top three institutional holders of SIRI stocks are: BERKSHIRE HATHAWAY INC with ownership of 132.88 million shares, which is approximately 3.4558%. VANGUARD GROUP INC, holding 31.0 million shares of the stock with an approximate value of $$87.72 million in SIRI stocks shares; and VANGUARD GROUP INC, currently with $$79.45 million in SIRI stock with ownership which is approximately 0.7301%.
