Sirius XM Holdings Inc (NASDAQ:SIRI) price on current trading day, fall -1.79% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.72.
A look at the stock’s price movement, the level at last check in today’s session was $20.08, moving within a range at $19.67 and $20.125. The beta value (5-Year monthly) was 0.992. Turning to its 52-week performance, $41.60 and $18.69 were the 52-week high and 52-week low respectively. Overall, SIRI moved -9.67% over the past month.
Sirius XM Holdings Inc’s market cap currently stands at around $6.68 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-29. The company has a Forward Dividend ratio of 1.07, with its dividend yield at 5.44%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 2.08B for the company’s revenue for the quarter, with a low and high estimate of 2.05B and 2.11B respectively. The average forecast suggests down to a -3.59% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 8.52B, representing a -2.08% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SIRI is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 4 recommend SIRI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 3 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SIRI’s current price about -10.74% and -16.46% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.17, while 7-day volatility ratio is 10.31% and 5.00% in the 30-day chart. Further, Sirius XM Holdings Inc (SIRI) has a beta value of 0.91, and an average true range (ATR) of 1.21. Analysts have given the company’s stock an average 52-week price target of $25.5, forecast between a low of $16 and high of $34. Looking at the price targets, the low is 18.86% off recent price level in today’s trading while to achieve the yearly target high, it has to move -72.41%. Nonetheless, investors will most likely welcome a -29.31% jump to $25.5 which is the analysts’ median price.
If we refocus on Sirius XM Holdings Inc (NASDAQ:SIRI), historical trading data shows that trading volumes averaged 7.06 over the past 10 days and 5.47 million over the past 3 months. The company’s latest data on shares outstanding shows there are 338.97 million shares.
The 8.49% of Sirius XM Holdings Inc’s shares are in the hands of company insiders while institutional holders own 75.57% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 26.98 million on 2025-03-14, giving us a short ratio of 5.43. The data shows that as of 2025-03-14 short interest in Sirius XM Holdings Inc (SIRI) stood at 818.0001000000001 of shares outstanding, with shares short rising to 22.72 million registered in 2025-02-14. Current price change has pushed the stock -13.51% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SIRI stock continues to rise going into the next quarter.
