Should You Invest in Sirius XM Holdings Inc (SIRI) Now?

The 36-month beta value for SIRI is at 1.04. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 as “hold,” and 3 as “sell.”

The public float for SIRI is 335.33M, and currently, shorts hold a 5.76% of that float. The average trading volume for SIRI on December 30, 2024 was 6.15M shares.

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SIRI) stock’s latest price update

Sirius XM Holdings Inc (NASDAQ: SIRI)’s stock price has plunge by -1.66relation to previous closing price of 23.13. Nevertheless, the company has seen a -1.45% plunge in its stock price over the last five trading sessions. fool.com reported 2024-12-30 that There’s no sugarcoating how 2024 played out for Sirius XM Holdings (SIRI -1.32%) shareholders. It’s been a rough year.

SIRI’s Market Performance

Sirius XM Holdings Inc (SIRI) has seen a -1.45% fall in stock performance for the week, with a -14.56% decline in the past month and a -3.83% plunge in the past quarter. The volatility ratio for the week is 4.16%, and the volatility levels for the past 30 days are at 4.62% for SIRI. The simple moving average for the past 20 days is -7.64% for SIRI’s stock, with a -22.51% simple moving average for the past 200 days.

Analysts’ Opinion of SIRI

BofA Securities, on the other hand, stated in their research note that they expect to see SIRI reach a price target of $23. The rating they have provided for SIRI stocks is “Underperform” according to the report published on October 24th, 2024.

JP Morgan gave a rating of “Underweight” to SIRI, setting the target price at $20 in the report published on October 09th of the current year.

SIRI Trading at -11.80% 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 -59.96% of loss for the given period.

Volatility was left at 4.62%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares sank -15.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.22% lower at present.

During the last 5 trading sessions, SIRI fell by -1.62%, which changed the moving average for the period of 200-days by -44.35% in comparison to the 20-day moving average, which settled at $24.63. In addition, Sirius XM Holdings Inc saw -58.42% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SIRI starting from BERKSHIRE HATHAWAY INC, who purchase 2,069,377 shares at the price of $20.86 back on Dec 19 ’24. After this action, BERKSHIRE HATHAWAY INC now owns 117,468,573 shares of Sirius XM Holdings Inc, valued at $43,160,131 using the latest closing price.

BERKSHIRE HATHAWAY INC, the 10% Owner of Sirius XM Holdings Inc, purchase 1,454,467 shares at $22.15 during a trade that took place back on Dec 18 ’24, which means that BERKSHIRE HATHAWAY INC is holding 115,399,196 shares at $32,212,175 based on the most recent closing price.

Stock Fundamentals for SIRI

Current profitability levels for the company are sitting at:

  • -0.16 for the present operating margin
  • 0.47 for the gross margin

The net margin for Sirius XM Holdings Inc stands at -0.17. The total capital return value is set at -0.06. Equity return is now at value -38.24, with -8.10 for asset returns.

Based on Sirius XM Holdings Inc (SIRI), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.99. The interest coverage ratio of the stock is -3.34.

Currently, EBITDA for the company is 2.54 billion with net debt to EBITDA at -13.17. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 13.17for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.37.

Conclusion

In conclusion, Sirius XM Holdings Inc (SIRI) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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