Thursday, 21 February 2019
Latest news
Main » Sirius XM Holdings Inc. (SIRI) Lifted to "Buy" at Zacks Investment Research

Sirius XM Holdings Inc. (SIRI) Lifted to "Buy" at Zacks Investment Research

15 November 2017

Average Revenue Estimate of the company for the current Fiscal Quarter is $1.39 Billion, according to consensus of 14 analysts.

Sirius XM Holdings (NASDAQ:SIRI) last announced its quarterly earnings data on Wednesday, October 25th. The higher end of the revenue estimate is $1.41 Billion and the lower end is $1.38 Billion. This showed a surprise of 75% in the last quarter earnings.

7 number of analysts have estimated the sales of the company for the quarter ending Jan 31, 2018- Feb 5, 2018, analysts estimated mean sale target of 1381 million while high and low sale targets are estimated at 1401 million and 1362.36 million respectively. (SIRI) surprised the stock market in its last reported earnings when it earned $0.07 a piece versus the consensus-estimated $0.04. (NASDAQ:SIRI) can give useful insight into how the stock is performing. Among active positions in the latest quarter, 194 holders increased their positions by a total of 66.7 million shares, 202 holders decreased the positions by a total of 136.39 million shares, and 143 holders held their positions. The stock is now has its Return on Assets (ROA) value of 10.8 Percent. When we look at the Volatility of the company, Week Volatility is at 1.07% whereas Month Volatility is at 1.15%. Sirius XM Holdings's revenue was up 9.2% on a year-over-year basis.

Several brokerages recently weighed in on SIRI. BTIG Research restated a "neutral" rating on shares of Sirius XM Holdings in a report on Friday. This is based on a 1-5 numeric scale where Rating Scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell, 5.0 Strong Sell.

Price-earnings ratio, also known as P/E ratio, is a tool that is used by shareholders to help decide whether they should buy a stock. Finally, Pivotal Research reiterated a "buy" rating and set a $6.80 price target (up from $6.25) on shares of Sirius XM Holdings in a research report on Wednesday, October 25th.

Dearborn Partners LLC Purchases 9520 Shares of Automatic Data Processing (NYSE:ADP)
Finally, Meiji Yasuda Asset Management Co Ltd. grew its stake in shares of Automatic Data Processing by 1.0% in the first quarter. Maximum and minimum EPS estimate for the current quarter is projected at $0.7 and $0.63, respectively, according to 18 analysts.

Institutions own 20.94% of Sirius XM Holdings Inc. Citigroup Inc. boosted their price objective on Sirius XM Holdings from $5.50 to $6.65 and gave the company a buy rating in a research note on Monday, August 7th. According to today's trading volume Sirius XM Holdings ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

The top 5 institutional holders, in ascending order, are as follows: BERKSHIRE HATHAWAY INC with 137.92 million shares, VANGUARD GROUP INC with 78.43 million shares, BLACKROCK INC. with 76.47 million shares, BRAHMAN CAPITAL CORP. with 55.42 million shares, and INVESCO LTD. with 45.64 million shares.

This article was originally published by and is the sole property of. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of USA and worldwide copyright & trademark law. Pitcairn Co. now owns 18,708 shares of the company's stock valued at $102,000 after purchasing an additional 237 shares during the period. Sirius XM Holdings Inc. has had 29 insider trades in the last 3 months, including 21 open market buys and 8 sells. Sirius XM Holdings presently has an average rating of "Buy" and a consensus target price of $4.84.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 3.82%, and has a solid year to date (YTD) performance of 23.6% which means that the stock is constantly adding to its value from the previous fiscal year end price. Finally, Advisor Partners LLC grew its holdings in Sirius XM Holdings by 103.7% during the 2nd quarter. OxFORD Asset Management LLP now owns 617,740 shares of the company's stock valued at $3,399,000 after acquiring an additional 605,154 shares during the last quarter. Investors also expect the good YTD performance from the stock. (NASDAQ:SIRI) closed the previous trading session at $5.50, experiencing a change of 3.00% with 24,626,305 shares trading hands. The stock traded on unusually surged volume of 24.63 Million comparing to the average volume of 16023.65 shares, completing picture of exact trends with uncompleted dots in volume over the norm. Market worth or Market capitalization is calculated by multiplying the price of a stock by its total number of outstanding shares.

The company's ATR (Average True Range) is 0.1.