Seaport Research Partners lifts Sirius XM Holdings Inc [SIRI] price estimate. Who else is bullish?

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Sirius XM Holdings Inc [NASDAQ: SIRI] closed the trading session at $23.04.

The stocks have a year to date performance of 1.05 percent and weekly performance of 5.54 percent. The stock has been moved at -0.99 percent over the last six months. The stock has performed -8.57 percent around the most recent 30 days and changed 1.77 percent over the most recent 3-months.

If compared to the average trading volume of 5.43M shares, SIRI reached to a volume of 3290186 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $23.58 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 3.12. 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.

Seaport Research Partners have made an estimate for Sirius XM Holdings Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 11, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price to Underperform. The new note on the price target was released on October 24, 2024, representing the official price target for Sirius XM Holdings Inc stock. Previously, the target price had yet another raise to $20, while JP Morgan analysts kept a Underweight rating on SIRI stock.

The Average True Range (ATR) for Sirius XM Holdings Inc is set at 0.95, with the Price to Sales ratio for SIRI stock in the period of the last 12 months amounting to 0.90. The Price to Book ratio for the last quarter was 0.71, with the Price to Cash per share for the same quarter was set at 0.48. Price to Free Cash Flow for SIRI in the course of the last twelve months was 7.71 with Quick ratio for the last quarter at 0.42.

SIRI stock trade performance evaluation

Sirius XM Holdings Inc [SIRI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.54. With this latest performance, SIRI shares dropped by -8.57% in over the last four-week period, additionally sinking by -0.99% over the last 6 months – not to mention a drop of -42.83% 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 45.66, with the RSI for the last a single of trading hit 45.74, and the three-weeks RSI is set at 46.29 for Sirius XM Holdings Inc [SIRI]. The present Moving Average for the last 50 days of trading for this stock 23.62, while it was recorded at 22.89 for the last single week of trading, and 26.88 for the last 200 days.

Sirius XM Holdings Inc [SIRI]: An insightful look at the core fundamentals

Sirius XM Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.42 and a Current Ratio set at 0.42.

Sirius XM Holdings Inc [SIRI]: Institutional Ownership

There are presently around $40.74%, or 73.28%% 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 3.4532%. 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%.