Sirius XM Holdings Inc. [SIRI] stock prices are up 2.59% to $24.93 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SIRI shares have gain 9.68% over the last week, with a monthly amount drifted -2.31%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On September 18, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $30 on the stock. Citigroup downgraded its rating to a Sell but stick to its price target of $2.80 on July 25, 2024. Evercore ISI upgraded its rating to a In-line and reduced its price target to $3.25 on June 24, 2024. Goldman upgraded its rating to Neutral for this stock on May 01, 2024, and downed its price target to $3.25. In a note dated April 29, 2024, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $4.30.
The stock price of Sirius XM Holdings Inc. [SIRI] has been fluctuating between $22.18 and $57.80 over the past year. 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 $24.93 at the most recent close of the market. An investor can expect a potential drop of -48.86% based on the average SIRI price forecast.
Analyzing the SIRI fundamentals
The Sirius XM Holdings Inc. [NASDAQ:SIRI] reported sales of 8.90B for trailing twelve months, representing a drop of -3.20%. 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 24.37 points at the first support level, and at 23.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.31, and for the 2nd resistance point, it is at 25.70.
Ratios To Look Out For
It’s worth pointing out that Sirius XM Holdings Inc. [NASDAQ:SIRI]’s Current Ratio is 0.43. Further, the Quick Ratio stands at 0.43, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 0.95 and price to earnings (TTM) ratio is 7.43.
Transactions by insiders
Recent insider trading involved BERKSHIRE HATHAWAY INC, 10% Owner, that happened on Oct 10 ’24 when 1.44 million shares were purchased. 10% Owner, BERKSHIRE HATHAWAY INC completed a deal on Oct 11 ’24 to buy 1.26 million shares. Meanwhile, 10% Owner BERKSHIRE HATHAWAY INC bought 0.87 million shares on Oct 09 ’24.
