Is Sirius XM Holdings Inc. (SIRI) a good buy?
- Author: Zachary Reyes Jun 14, 2017,
Jun 14, 2017, 23:54
They may look to the 50-day or 20-day to get a better grasp of what is going on with the stock in the near-term.
Yet another important factor while evaluating a good buy/sell decision for Sirius XM Holdings Inc. Finally, Gerber Kawasaki Wealth & Investment Management boosted its stake in shares of Sirius XM Holdings by 3.8% in the first quarter. Dynamic Capital Management Ltd now owns 594,400 shares of the company's stock valued at $2,479,000 after buying an additional 350,500 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Sirius XM Holdings by 27.8% in the first quarter. A stock with a beta between 0.0 and 1.0 has smaller ups and downs. Altfest L J & Co.
Sirius XM Canada Holdings Inc.is an audio entertainment company. LLC boosted its position in shares of Sirius XM Holdings by 850.6% in the third quarter. Analysts have a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Legal & General Group Plc raised its stake in shares of Sirius XM Holdings by 1.7% in the first quarter. Daiwa Securities Group Inc. now owns 164,500 shares of the company's stock worth $847,000 after buying an additional 113,100 shares in the last quarter.
At the time of writing, Sirius XM Holdings Inc. (NASDAQ SIRI) traded down 1.91% during mid-day trading on Monday, hitting $5.38. The stock presently has a growth score of C. This score evaluates earnings and sales growth along with other various aspects of the income statement, balance sheet, and cash flow statement. Sirius XM Holdings has a 52 week low of $3.74 and a 52 week high of $5.53. Sirius XM Holdings also was the target of some unusual options trading on Monday. Investors bought 21,975 put options on the stock. Given that its average daily volume over the 30 days has been 28.14 million shares a day, this signifies a pretty significant change over the norm. The company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. (SIRI) is expected to post revenue of $1.32 Billion in the current quarter, according to consensus of 14 analysts. Sirius XM Holdings had a negative return on equity of 104.00% and a net margin of 15.24%. The company's revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. On average, analysts anticipate that Sirius XM Holdings Inc. will post $0.18 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, May 31st. (NasdaqGS:SIRI) has a Shareholder Yield of 0.082139 and a Shareholder Yield (Mebane Faber) of 0.05527. The ex-dividend date was Monday, May 8th. Sirius XM Holdings's dividend payout ratio (DPR) is presently 26.67%. The stock of Sirius XM Holdings Inc. If you are accessing this piece of content on another site, it was illegally stolen and republished in violation of U.S. & worldwide copyright & trademark law. The correct version of this story can be accessed at https://www.thestockobserver.com/2017/06/14/sandy-spring-bank-invests-871000-in-sirius-xm-holdings-inc-siri-updated-updated-updated.html.
Several analysts recently issued reports on SIRI shares. Morgan Stanley downgraded Sirius XM Holdings from an "equal weight" rating to an "underweight" rating and set a $4.80 target price for the company.in a research report on Wednesday, April 19th. On the other hand, if the market value of the stock exceeds the fair value of the stock, then analysts recommend that the stock be sold. Macquarie reissued an "outperform" rating and issued a $5.85 price target on shares of Sirius XM Holdings in a research note on Thursday, April 13th. Evercore ISI cut Sirius XM Holdings to a "buy" rating in a report on Friday, March 3rd. Janney Montgomery Scott Ltd Limited Liability Company reported 68,888 shares. A 14 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of MRO or, if they already own its stock, sell it.