Sirius XM Holdings Inc (NASDAQ:SIRI) shares traded -6.56% lower at $4.56 on Wall Street last session.
In accordance with the data, 14 analysts cover Sirius XM Holdings Inc (NASDAQ:SIRI). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $7.00 and a low of $3.50, we find $4.80. Given the previous closing price of $4.88, this indicates a potential downside of -1.64 percent. SIRI stock price is now -0.55% away from the 50-day moving average and 6.63% away from the 200-day moving average. The market capitalization of the company currently stands at $17.51B.
It has been rated a hold by 6 analysts and a buy by 2. Brokers who have rated the stock have averaged $4.89 as their price target over the next twelve months.
With the price target enhanced from $4.50 to $5, Pivotal Research Group Upgraded its rating from Sell to Hold for Sirius XM Holdings Inc (NASDAQ: SIRI).
In other news, Witz Jennifer C, CEO bought 250,000 shares of the company’s stock on Aug 28. The stock was bought for $1,026,900 at an average price of $4.11. Upon completion of the transaction, the CEO now directly owns 2,812,000 shares in the company, valued at $12.82 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 09, Director Hickenlooper Robin S sold 11,000 shares of the business’s stock. A total of $41,910 was realized by selling the stock at an average price of $3.81. This leaves the insider owning 94,765 shares of the company worth $0.43 million. Insiders disposed of 906,739 shares of company stock worth roughly $4.13 million over the past 1 year. A total of 83.77% of the company’s stock is owned by insiders.
Sirius XM Holdings Inc (NASDAQ: SIRI) opened at $4.8500 on Monday. During the past 12 months, Sirius XM Holdings Inc has had a low of $3.32 and a high of $7.95. According to the stock market information, the enterprise value for the company is $28.37B, which is based on a 13.99 price-to-earnings ratio, a 1.85 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for SIRI is $4.5854 and a two-hundred day moving average price translates $4.2766 for the stock.
The latest earnings results from Sirius XM Holdings Inc (NASDAQ: SIRI) was released for Sep, 2023. According to the Entertainment Company, earnings per share came in at $0.09, beating analysts’ expectations of $0.08 by 0.01. This compares to $0.06 EPS in the same period last year. The company reported revenue of $2.27 billion for the quarter, compared to $2.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.39 percent. For the current quarter, analysts expect SIRI to generate $2.3B in revenue.
