Sirius XM Holdings Inc. (NASDAQ:SIRI) went up by 2.92% from its latest closing price compared to the recent 1-year high of $7.40. The company’s stock price has collected -1.40% of loss in the last five trading sessions. Press Release reported 1 hour ago that SiriusXM Extends and Expands Relationship with General Motors
Is It Worth Investing in Sirius XM Holdings Inc. (NASDAQ :SIRI) Right Now?
Sirius XM Holdings Inc. (NASDAQ:SIRI) scored a price-to-earnings ratio above its average ratio, recording 24.74 x from its present earnings ratio. Plus, the 36-month beta value for SIRI is at 1.14. Opinions of the stock are interesting as 9 analysts out of 17 who provided ratings for Sirius XM Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $6.82, which is $1.19 above the current price. SIRI currently public float of 1.13B and currently shorts hold a 14.83% ratio of that float. Today, the average trading volume of SIRI was 24.58M shares.
SIRI’s Market Performance
SIRI stocks went down by -1.40% for the week, with a monthly drop of -6.08% and a quarterly performance of -5.84%, while its annual performance rate touched -11.74%. The volatility ratio for the week stands at 3.13% while the volatility levels for the past 30 days are set at 2.13% for Sirius XM Holdings Inc.. The simple moving average for the period of the last 20 days is -3.05% for SIRI stocks with a simple moving average of -7.90% for the last 200 days.
Analysts’ Opinion of SIRI
Many brokerage firms have already submitted their reports for SIRI stocks, with Citigroup repeating the rating for SIRI by listing it as a “Buy.” The predicted price for SIRI in the upcoming period, according to Citigroup is $27 based on the research report published on March 31st of the current year 2020.
Pivotal Research Group, on the other hand, stated in their research note that they expect to see SIRI reach a price target of $7.25, previously predicting the value of $8.25. The rating they have provided for SIRI stocks is “Buy” according to the report published on March 31st, 2020.
Credit Suisse gave a rating of “ Neutral” to SIRI, setting the target price at $7.25 in the report published on February 7th of the current year.
SIRI Trading at -3.70% from the 50-Day Moving Average
After a stumble in the market that brought SIRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.78% of loss for the given period.
Volatility was left at 2.13%, however, over the last 30 days, the volatility rate increased by 3.13%, as shares sank -5.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.42% lower at present.
During the last 5 trading sessions, SIRI fell by -1.40%, which changed the moving average for the period of 200-days by -18.26% in comparison to the 20-day moving average, which settled at $5.80. In addition, Sirius XM Holdings Inc. saw -21.12% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at SIRI starting from MAFFEI GREGORY B, who sold 84,750 shares at the price of $5.60 back on May 12. After this action, MAFFEI GREGORY B now owns 413,595 shares of Sirius XM Holdings Inc., valued at $474,261 using the latest closing price.
HARTENSTEIN EDDY W, the Director of Sirius XM Holdings Inc., sold 88,609 shares at $7.22 during a trade that took place back on Feb 05, which means that HARTENSTEIN EDDY W is holding 64,752 shares at $639,757 based on the most recent closing price.
Stock Fundamentals for SIRI
Current profitability levels for the company are sitting at:
- +22.53 for the present operating margin
- +43.92 for the gross margin
The net margin for Sirius XM Holdings Inc. stands at +11.73. The total capital return value is set at 27.69, while invested capital returns managed to touch 14.47. Equity return is now at value -141.40, with 9.00 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 5.29, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 17.26 and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.30.