Recent Performance of Sirius XM Holdings Inc (SIRI) Stock: A Closer Look

Sirius XM Holdings Inc [SIRI] stock is trading at $28.74, up 1.52%. 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 4.47% over the last week, with a monthly amount glided 10.03%, and 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 [SIRI] stock has fluctuated between $22.18 and $57.80 over the past year. Currently, Wall Street analysts expect the stock to reach $30.06 within the next 12 months. Sirius XM Holdings Inc [NASDAQ: SIRI] shares were valued at $28.74 at the most recent close of the market. An investor can expect a potential return of 4.59% based on the average SIRI price forecast.

Analyzing the SIRI fundamentals

Sirius XM Holdings Inc [NASDAQ:SIRI] reported sales of 8.80B for the trailing twelve months, which represents a drop of -4.40%. 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 28.32 points at the first support level, and at 27.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.17, and for the 2nd resistance point, it is at 29.60.

Ratios To Look Out For

For context, Sirius XM Holdings Inc’s Current Ratio is 0.37. Further, the Quick Ratio stands at 0.37, while the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 1.16, the price to book ratio is 0.90.

Transactions by insiders

Recent insider trading involved HOLDEN JAMES P, FORMER DIRECTOR, that happened on Dec 04 ’24 when 3785.0 shares were purchased. Former Director, HOLDEN JAMES P completed a deal on Nov 26 ’24 to buy 41368.0 shares. Meanwhile, 10% Owner BERKSHIRE HATHAWAY INC bought 0.93 million shares on Oct 30 ’24.

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