Sirius XM Holdings Inc. (NASDAQ:SIRI) Valuation According To Analysts


08/07/2017 - Sirius XM Holdings Inc. had its "buy" rating reiterated by analysts at Citigroup.

Shares of Sirius XM Holdings (SIRI) opened at 5.71 on Wednesday.

According to Zacks, "Even though shares of Sirius XM have outperformed its industry so far this year, we remain concerned about the company's high operating expenses". Slowdown in subscription growth is another concern. It has a 36-month beta of 1.6, so you might be in for a bumpy ride. (NasdaqGS:SIRI) is 0.099229. This number is calculated by dividing net income after tax by the company's total assets. In general, companies with the lowest combined rank may be the higher quality picks. It is favored by many over the price/earnings ratio because it also takes growth into account. Parametric Portfolio Associates LLC's holdings in Sirius XM Holdings were worth $8,713,000 at the end of the most recent reporting period. Bank of America Corporation set a $7.00 price objective on Sirius XM Holdings and gave the company a "buy" rating in a report on Thursday. Royal Bank of Canada initiated coverage on shares of Sirius XM Holdings in a report on Friday, September 15th. They set a sector perform rating and a $6.00 price objective for the company. Evercore ISI cut Sirius XM Holdings to a "buy" rating in a research report on Friday, March 3rd. Any upside above $7 would be lost if the stock rises there and is called away, but SIRI shares would have to climb 22.6% from current levels for that to happen, meaning that in the scenario where the stock is called, the shareholder has earned a 27.5% return from this trading level, in addition to any dividends collected before the stock was called. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold".

Analysts have given a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (NASDAQ:SIRI) has an average volume of 17.37 Million. The company has a 50-day moving average price of $5.58 and a 200 day moving average price of $5.35.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. (NASDAQ:SIRI) in the last month has increased +3.63%. 7866109 shares were traded on Sirius XM Holdings Inc.'s last session. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.04.

The ratios of the return on assets (ROA) and the return on owner's equity (ROE) are the most used profitability ratios in the analysis while ROI deals with the invested cash in the company and the return the investor realize on that money based on the net profit of the business. Sirius XM Holdings's quarterly revenue was up 9.1% on a year-over-year basis. The firm has fifty days moving average percentage of -0.99% to its latest price change. On average, equities analysts anticipate that Sirius XM Holdings Inc. will post $0.18 EPS for the current year. Sirius XM Holdings's revenue was up 7.7% on a year-over-year basis. This consensus estimate is provided by Zacks Research. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & global copyright and trademark legislation.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, November 9th will be issued a $0.011 dividend.

Is Sirius XM Holdings Inc. The ex-dividend date of this dividend is Wednesday, November 8th. (NASDAQ:SIRI) upped the target price from $0.00 to $5.12 that suggested a downside of -0.07%.

Several other hedge funds also recently made changes to their positions in SIRI. Legal & General Group Plc boosted its stake in Sirius XM Holdings by 1.5% in the 2nd quarter. IFP Advisors Inc now owns 101,545 shares of the company's stock worth $523,000 after buying an additional 833 shares during the last quarter. Sirius XM Holdings Inc., formerly known as Sirius XM Radio Inc., is headquartered in NY. Pitcairn Co. now owns 18,708 shares of the company's stock valued at $102,000 after purchasing an additional 237 shares in the last quarter. The Shareholder Yield of Sirius XM Holdings Inc. Sirius XM Holdings Inc. The institutional investor owned 3,914,686 shares of the company's stock after selling 1,033,556 shares during the quarter. Finally, Advisor Partners LLC grew its position in Sirius XM Holdings by 103.7% in the 2nd quarter. Institutions ownership includes mutual funds and pension funds are the major players.