Analyst Research

How High Can Sirius XM Holdings Inc. (NASDAQ:SIRI) Stock Go?

Sirius XM Holdings Inc. (NASDAQ:SIRI) shares traded +0.21% during the most recent session the stock exchanged hands 23.38M shares versus average trading capacity of 30.20M shares, yielding a market cap of $22.58B. Wall Street analysts covering the stock are projecting that the stock will reach $5.25 within the next 52-weeks. The mean target projections are based on 16 opinions, the mean target was last revised on 05/02/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Sirius XM Holdings Inc. (NASDAQ:SIRI) high price target of $6.00 and with a conservative view have low price target of $4.40 with a standard deviation of $0.35. If seeing target price from optimistic overview then it has a 24 percent upside potential from the latest closing price of $4.85.

Sirius XM Holdings Inc. (NASDAQ:SIRI) “Downgraded” by Morgan Stanley in a research note issued to investors on Apr-19-17 from Equal-Weight to Underweight.

Additionally on Mar-22-17 Sirius XM Holdings Inc. (NASDAQ:SIRI) was “Downgraded” by Barclays from Overweight to Equal Weight at $4.90 and on Mar-16-17 the stock was “Downgraded” by Wunderlich from Buy to Hold. Furthermore on Feb-03-17 the stock was “Reiterated” by Telsey Advisory Group as Market Perform from $4.59 to $5.

On the other hand the company has Relative Strength Index (RSI 14) of 34.13 along with Average True Range (ATR 14) of 0.11, Consequently Sirius XM Holdings Inc. (NASDAQ:SIRI) weekly and monthly volatility is 3.02%, 2.11% respectively. The company’s beta value is at 1.21.

In terms of Buy, Sell or Hold recommendations, Sirius XM Holdings Inc. (NASDAQ:SIRI) has analysts’ mean recommendation of 2.40. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Sirius XM Holdings Inc. (NASDAQ:SIRI) will report earnings of $0.04 for the current quarter, however the company’s high EPS estimates are $0.05 and low estimates are $0.04. However the company reported $0.03 earnings per share for the same quarter during last year.

Previously Sirius XM Holdings Inc. (NASDAQ:SIRI) reported $0.04 earnings per share (EPS) for the quarter on 4/27/2017 Before Market Open, meeting the consensus estimate of $0.04 by $0.00. The company posted an earnings surprise of 0.00%.

While considering growth estimates of the company, it has next quarter growth estimates of 25.00% whereas during current quarter it has 33.30% estimations over growth, comparing to the estimations of 12.50% during current year and 22.20% for next year. Past 5 years growth of Sirius XM Holdings Inc. (NASDAQ:SIRI) observed at 25.44%, looking forward for the next 5 years it has a strong prediction of 20.80% over growth.

Sirius XM Holdings Inc. (NASDAQ:SIRI) revenue estimates for the current quarter are $1.32B according to 14 number of analysts, for the current quarter the company has high revenue estimates of $1.34B in contradiction of low revenue estimates of $1.29B. For the current year the company’s revenue estimates are $5.34B compared to low analyst estimates of $5.27B and high estimates of $5.42B according 17 number of analysts.

Currently Sirius XM Holdings Inc. (NASDAQ:SIRI) shares owned by insiders are 0.20%, whereas shares owned by institutional owners are 24.20%. However the six-month change in the insider ownership was recorded -10.72%, as well as three-month change in the institutional ownership was recorded 0.63%.

Sirius XM Holdings Inc. (NASDAQ:SIRI) trading -12.30% away from its 52 week high of $5.53 and +30.27% far from the stock’s low point over the past 52 weeks, which was $3.72. The stock hit its 52-week high on 03/13/17, and 52-week low on 06/27/16. The company’s trailing twelve month income is 780.60M dollars and is paying 0.82% dividend yield annually.

Sirius XM Holdings Inc. (NASDAQ:SIRI) trailing twelve month revenues are $5.11B, whereas its price to sales ratio for the same period is 4.51. Its book value per share for the most recent quarter is $-0.20, as for as the company’s cash per share for the most recent quarter is $0.05, however its price to cash per share ratio for the same period is 100.07. The stock has a current PEG ratio of 2.01 where as its trailing twelve month P/E ratio is 30.12.

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