A share price of Sirius XM Holdings Inc. [SIRI] is currently trading at $23.42, up 1.30%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SIRI shares have gain 3.35% over the last week, with a monthly amount drifted -12.28%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Guggenheim upgraded its rating to Buy on September 18, 2024, and kept the price target unchanged to $30. On July 25, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $2.80 on the stock. Evercore ISI upgraded its rating to a In-line and decreased its price target to $3.25 on June 24, 2024. Goldman upgraded its rating to a Neutral and reduced its price target to $3.25 on May 01, 2024. Seaport Research Partners upgraded its rating to Buy for this stock on April 29, 2024, but kept the price target unchanged to $4.30. In a note dated April 24, 2024, Pivotal Research Group upgraded an Buy rating on this stock and revised its target price from $5.05 to $4.90.
Sirius XM Holdings Inc. experienced fluctuations in its stock price throughout the past year between $22.18 and $57.80. Currently, Wall Street analysts expect the stock to reach $12.75 within the next 12 months. Sirius XM Holdings Inc. [NASDAQ: SIRI] shares were valued at $23.42 at the most recent close of the market. An investor can expect a potential drop of -45.56% based on the average SIRI price forecast.
Analyzing the SIRI fundamentals
Trailing Twelve Months sales for Sirius XM Holdings Inc. [NASDAQ:SIRI] were 8.90B which represents -3.20% decline. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is -0.52 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.71 points at the first support level, and at 22.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.80, and for the 2nd resistance point, it is at 24.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Sirius XM Holdings Inc. [NASDAQ:SIRI] is 0.43. As well, the Quick Ratio is 0.43, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.89 and price to earnings (TTM) ratio is 6.98.
Transactions by insiders
Recent insider trading involved Greenstein Scott Andrew, Pres. & Chief Content Officer, that happened on Aug 08 ’24 when 1.45 million shares were sold. Director, Salen Kristina completed a deal on Jun 12 ’24 to sell 12518.0 shares. Meanwhile, Director Salen Kristina sold 12518.0 shares on Jun 05 ’24.
