Value gained By Sirius XM Holdings Inc. (SIRI) In The Past Week: $6.05

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Sirius XM Holdings Inc. (NASDAQ:SIRI) finished Thursday with a subtraction of -$0.04 to close at $5.87, a downside of -0.68 percent. An average of 17,673,141 shares of common stock have been traded in the last five days. There was a fall of -$0.07 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 16,187,529 shares traded, while the 50-day average volume stands at 15,303,430.

SIRI stock has decreased by -6.53% in the last month. The company shares reached their 1-month lowest point of $5.84 on 09/22/22. With the stock rallying to its 52-week high on 02/08/22, shares of the company touched a low of $5.69 and a high of $6.85 in 52 weeks. It has reached a new high 5 times so far this year and lost -4.06% or -$0.48 in price. In spite of this, the price is down -14.31% from the 52-week high.


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Insider Transactions

50 days have passed since Sirius XM Holdings Inc. (SIRI) last reported insider trading activity. DONNELLY PATRICK L, who is EVP, General Counsel & Sec., most recently acquired $408,274 shares at $6.75 per share on Aug 04. In this transaction, the insider spent $2,755,850. Senior VP & Controller, BARRY THOMAS D, disposed of 40,793 shares at a price of $6.51 on Jul 29. The insider now owns more than $265,562 worth of shares. Prior to that, Pres. & Chief Content Officer Greenstein Scott Andrew went on to Sale 1,081,370 shares at $6.58 each on Jul 29. An amount of $7,120,149 was transacted.

Valuation Metrics

Sirius XM Holdings Inc. (SIRI) has a trailing price-to-earnings (P/E) ratio of 18.75. The stock’s beta is 0.95. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.55, and the price-to-cash flow ratio at 98.04.

The company has a payout ratio of 25.40%. The company’s most recent quarterly dividend payment was $0.0220 a share, without any change from last year. Its latest increase dividend $0.0073 reported on Monday October 25 2021.

Financial Health

Its gross profit as reported stood at $4.73 billion compared to revenue of $8.7 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Sirius XM Holdings Inc.’s return on assets was 12.40%.

Earnings Surprise

For the three-month period that ended June 29, Sirius XM Holdings Inc. had $9.87 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $292.0 million in the quarter, while revenues were shrunk -48.29%. The analyst consensus anticipated Sirius XM Holdings Inc.’s latest quarter earnings to come in at $0.08 per share, but it turned out to be $0.07, a -12.50% surprise. For the quarter, EBITDA amounted to $640.0 million. Shareholders own equity worth $3.89 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Sirius XM Holdings Inc. (SIRI) price momentum. RSI 9-day as of the close on 22 September was 29.32%, suggesting the stock is oversold, with historical volatility in this time frame at 20.97%.

As of today, SIRI’s price is $5.95 -1.18% or -$0.07 from its 5-day moving average. SIRI is currently trading -5.93% lower than its 20-day SMA and -2.17% lower than its 100-day SMA. However, the stock’s current price level is -5.78% below the SMA50 and -7.12% below the SMA200.

The stochastic %K and %D were 12.97% and 20.30%, respectively, and the average true range (ATR) was 0.12. With the 14-day stochastic at 5.21% and the average true range at 0.12, the RSI (14) stands at 32.62%. The stock has reached -0.07 on the 9-day MACD Oscillator while the 14-day reading was at -0.12.

Analyst Ratings

Pivotal Research Group downgraded Sirius XM Holdings Inc. (NASDAQ: SIRI) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy.

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