Sirius XM Holdings Inc (NASDAQ: SIRI) is -42.78% lower on its value in year-to-date trading and has touched a low of $3.04 and a high of $7.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SIRI stock was last observed hovering at around $3.09 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $3.13, the stock is -10.37% and -22.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.31 million and changing 1.29% at the moment leaves the stock -32.46% off its SMA200. SIRI registered -17.63% loss for a year compared to 6-month loss of -31.36%.
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The stock witnessed a -19.33% gain in the last 1 month and extending the period to 3 months gives it a -42.25%, and is -1.57% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.80% over the week and 3.34% over the month.
Sirius XM Holdings Inc (SIRI) has around 5680 employees, a market worth around $12.04B and $8.95B in sales. Current P/E ratio is 9.64 and Fwd P/E is 9.73. Profit margin for the company is 14.05%. Distance from 52-week low is 2.96% and -60.63% from its 52-week high. The company has generated returns on investments over the last 12 months (19.60%).
Sirius XM Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $2.13B over the same period.The EPS is expected to shrink by -6.85% this year, but quarterly earnings will post -1.80% year-over-year. Quarterly sales are estimated to shrink -0.90% in year-over-year returns.
Sirius XM Holdings Inc (SIRI) Top Institutional Holders
The shares outstanding are 3.84B, and float is at 624.52M with Short Float at 22.21%.
Sirius XM Holdings Inc (SIRI) Insider Activity
The most recent transaction is an insider sale by Inzerillo Joseph A,the company’sChief Product & Tech. Officer. SEC filings show that Inzerillo Joseph A sold 107,611 shares of the company’s common stock on Feb 13 ’24 at a price of $4.90 per share for a total of $0.53 million. Following the sale, the insider now owns 0.75 million shares.
Sirius XM Holdings Inc disclosed in a document filed with the SEC on Feb 09 ’24 that MEYER JAMES E (Director) sold a total of 800,000 shares of the company’s common stock. The trade occurred on Feb 09 ’24 and was made at $4.92 per share for $3.94 million. Following the transaction, the insider now directly holds 1.09 million shares of the SIRI stock.
Still, SEC filings show that on Aug 28 ’23, Witz Jennifer C (CEO) acquired 250,000 shares at an average price of $4.11 for $1.03 million. The insider now directly holds 2,812,000 shares of Sirius XM Holdings Inc (SIRI).
