Economy

The Case for and Against Sirius XM Holdings Inc. (SIRI)

The Case for and Against Sirius XM Holdings Inc. (SIRI)”

(NASDAQ:SIRI) by 8.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The Beta for the company stands at 1.14 and its Average True Range (ATR) shows a value of 0.1. The value of the investment in Sirius XM Holdings Inc. decreased from $28,652,000 to $10,641,000 decreasing 62.9% quarter over quarter. FMR LLC now owns 41,962,057 shares of the company's stock worth $216,105,000 after acquiring an additional 4,772,837 shares during the last quarter. Finally, Sumitomo Mitsui Financial Group Inc. bought a new stake in shares of Sirius XM Holdings in the 2nd quarter valued at approximately $170,000. Capital Counsel LLC NY now owns 130,000 shares of the company's stock worth $711,000 after purchasing an additional 30,000 shares during the last quarter. Ltd. boosted its stake in shares of Sirius XM Holdings by 0.4% in the first quarter. Macquarie Group Ltd. now owns 18,392 shares of the company's stock valued at $101,000 after purchasing an additional 15,200 shares in the last quarter. Parametric Portfolio Associates LLC's holdings in Sirius XM Holdings were worth $8,713,000 at the end of the most recent reporting period. Vetr raised shares of Sirius XM Holdings from a "buy" rating to a "strong-buy" rating and set a $6.28 target price for the company in a research report on Tuesday, June 20th. Arrowstreet Capital Limited Partnership raised its holdings in shares of Sirius XM Holdings by 119.2% in the 2nd quarter. Hedge funds and other institutional investors own 20.31% of the company's stock.

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03/16/2017 - Sirius XM Holdings Inc. was downgraded to "hold" by analysts at Wunderlich.

Sirius XM Holdings Inc. has a 12-month low of $4.07 and a 12-month high of $5.89. (NASDAQ:SIRI) has alerted everyone to look out for right opportunity to invest.

When looking for the right stock to invest in, there are many different aspects you have to observe. Sirius XM Holdings Inc. The current ESP growth this year comes in at 60.20%, supporting the 26.68 number. Comparing that to the 200-day simple moving average of 9.84%, we can see where the stock relatively speaking.

Sirius XM Holdings (NASDAQ:SIRI) last posted its quarterly earnings data on Thursday, April 27th. The company reported $0.04 earnings per share for the quarter, hitting the consensus estimate of $0.04. (SIRI) reported sales (ttm) of 5.22 Billion, whereas, 13 number of analysts estimated the mean sale of 1391.92 million. Return on Equity (ROE) stands at -99.1% and Return on Investment (ROI) of 21 percent. BlackRock Inc. raised its stake in Sirius XM Holdings by 3,534.6% in the first quarter. Earnings, with 14 analysts believing the company would generate an Average Estimate of $0.04. The Free Cash Flow Yield 5 Year Average of Sirius XM Holdings Inc.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. (NASDAQ:SIRI) has been assigned a $7.00 price objective by equities researchers at Bank of America Corporation in a note issued to investors on Thursday. The ex-dividend date of this dividend was Monday, May 8th. The MF Rank of Sirius XM Holdings Inc.

Several equities research analysts have recently commented on SIRI shares.

Analysts have 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).

06/02/2016 - Sirius XM Holdings Inc. had its "buy" rating reiterated by analysts at Buckingham Research.

Sirius XM Holdings (NASDAQ:SIRI) last posted its quarterly earnings data on Thursday, July 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company. For SIRI, the company now has $42.74 Million of cash on the books, which is offset by $5.16 Million current liabilities.

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems.



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