The Sirius XM Holdings Inc. (NASDAQ:SIRI) is going up by 0.23% in today’s trading session, a rise equivalent to 0.02% of the stock’s price from yesterday’s market close. A news came out on 10/10/19 stating that SiriusXM Increases Quarterly Cash Dividend By 10% by WSJ. The lowest point that the shares touched during the trading session was $6.41, while the peak of the day was recorded at a share price of $6.50. SIRI finished the previous session at $6.43 according to the data provided by Barchart, while the trading volume was observed to be $2785805.
In the 100 days of trading, SIRI managed to top a 6.04% Moving average. Additionally, Sirius XM Holdings Inc. shares have achieved a 52-week range between 5.23 and 6.51 alongside 100 days raw stochastic set at 93.56%.
The number of shares outstanding, according to the fundamentals of the company, is set at 4.48B, equal to the value of $28.83B in market capitalization. In the last 30 days, Sirius XM Holdings Inc. shares went down by -0.85%, adding 6.50 to growth in value, on top of a +4.54% boost since 09/20/19.
Sirius XM Holdings Inc. (NASDAQ:SIRI) Analyst’s Estimates
Sirius XM Holdings Inc. (SIRI) could record at least $0.06 per share in quarterly earnings in the upcoming report on 10/31/2019, a number that would actually represent an increase of 0.26 YOY.
According to the average analyst rating, Sirius XM Holdings Inc. would be rated as Overweight. Out of 19 different analysts monitoring SIRI stock, 10 analysts rate the stock as a BUY, 7 suggest to give the rating of HOLD, 0 indicate that SIRI is an OVERWEIGHT, 2 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 09, 2019, the stock earned a Initiated rating due to a new analyst call from The Benchmark Company, while analysts from Wells Fargo believe that the stock is set at Outperform, as concluded on September 24, 2019. Credit Suisse, is still rather wary about the stock, deciding to keep the rating at Outperform as confirmed through a call on June 10, 2019.
Regardless of the rating, Pivotal Research Group did increase their price to $7 as they are considering target share price analysis. Morgan Stanley, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on March 15, 2019, giving the stock a Equal-Weight rating.
SIRI Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +46.33% has been attained, while the operating margin has been recorded at +29.93%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 14.25%. Beta value of the stock is recorded at 1.02. Additionally, Sirius XM Holdings Inc. is recording price volatility of 1.68% for the period of the last seven days and 1.73% in the last 30 days.
Sirius XM Holdings Inc. (NASDAQ:SIRI) Technical Outlook
For the period of the last 50 days, Sirius XM Holdings Inc. had its Raw Stochastic average set at 88.18% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 83.58%. Stochastic %K for Sirius XM Holdings Inc., with the last 20 days included, was set at 85.57%, having Stochastic %D topping 86.74%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Sirius XM Holdings Inc. stocks with recording 12.61% in metrics.
Sirius XM Holdings Inc. Insider Watch:
Similarly, 66.26% of the company’s float is held by institutions – and there are 754 institutions in total holding shares of this company. The top three institutional holders of SIRI stocks are: Berkshire Hathaway, Inc with ownership of $769.57 million, which is approximately 137915729 of the company’s shares; Blackrock Inc., holding 118579180 shares of the stock with an approximate value of $661.67 million; and Vanguard Group, Inc. (The), currently with more than 87353380 shares of the company valued at $487.43 million. Positions in Sirius XM Holdings Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 57 insider purchases amounting to 5195003 shares. Similarly, there were 4 sale transactions amounting to 1321115 shares, with the net shares purchased during the last six months reaching 3,873,888.