There is no shortage of investors who are bullish on Sirius XM Holdings Inc (SIRI) stock

A share price of Sirius XM Holdings Inc [SIRI] is currently trading at $27.03, up 2.00%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SIRI shares have gain 3.48% over the last week, with a monthly amount drifted -0.15%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Guggenheim upgraded its rating to a Buy but stick to its price target of $30 on September 18, 2024. Citigroup downgraded its rating to a Sell but $2.80 remained the price target by the analyst firm on July 25, 2024. Evercore ISI upgraded its rating to In-line for this stock on June 24, 2024, and downed its price target to $3.25. In a note dated May 01, 2024, Goldman upgraded an Neutral rating on this stock and revised its target price from $3.50 to $3.25.

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 $15.61 within the next 12 months. Sirius XM Holdings Inc [NASDAQ: SIRI] shares were valued at $27.03 at the most recent close of the market. An investor can expect a potential drop of -42.25% based on the average SIRI price forecast.

Analyzing the SIRI fundamentals

Trailing Twelve Months sales for Sirius XM Holdings Inc [NASDAQ:SIRI] were 8.80B which represents -4.40% decline. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -1.6 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.99.

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 26.54 points at the first support level, and at 26.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.59, and for the 2nd resistance point, it is at 28.15.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sirius XM Holdings Inc [NASDAQ:SIRI] is 0.37. In addition, the Quick Ratio stands at 0.37 and the Cash Ratio stands at 0.04. Considering the valuation of this stock, the price to sales ratio is 1.04, the price to book ratio is 0.84.

Transactions by insiders

Recent insider trading involved BERKSHIRE HATHAWAY INC, 10% Owner, that happened on Oct 30 ’24 when 0.93 million shares were purchased. 10% Owner, BERKSHIRE HATHAWAY INC completed a deal on Oct 31 ’24 to buy 0.68 million shares. Meanwhile, 10% Owner BERKSHIRE HATHAWAY INC bought 0.62 million shares on Oct 29 ’24.

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