A new trading day began on Monday, with Sirius XM Holdings Inc. (NASDAQ: SIRI) stock price down -2.99% from the previous day of trading, before settling in for the closing price of $24.38. SIRI’s price has ranged from $22.73 to $57.80 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 9.87% over the past five years. Meanwhile, its annual earnings per share averaged 0.42%. With a float of $335.84 million, this company’s outstanding shares have now reached $384.30 million.
Let’s look at the performance matrix of the company that is accounted for 5680 employees.
Sirius XM Holdings Inc. (SIRI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Sirius XM Holdings Inc. is 0.97%, while institutional ownership is 12.47%. The most recent insider transaction that took place on Aug 08 ’24, was worth 4,578,482. In this transaction Pres. & Chief Content Officer of this company sold 1,447,238 shares at a rate of $3.16, taking the stock ownership to the 989,331 shares. Before that another transaction happened on Jun 12 ’24, when Company’s Director sold 12,518 for $2.60, making the entire transaction worth $32,547. This insider now owns 169,309 shares in total.
Sirius XM Holdings Inc. (SIRI) Performance Highlights and Predictions
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According to the Wall Street analysts, stocks earnings will be around 0.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.80% during the next five years compared to 4.66% growth over the previous five years of trading.
Sirius XM Holdings Inc. (NASDAQ: SIRI) Trading Performance Indicators
Here are Sirius XM Holdings Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.90. Likewise, its price to free cash flow for the trailing twelve months is 6.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.36, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.28 in one year’s time.
Technical Analysis of Sirius XM Holdings Inc. (SIRI)
Sirius XM Holdings Inc. (NASDAQ: SIRI) saw its 5-day average volume 5.42 million, a positive change from its year-to-date volume of 3.03 million. As of the previous 9 days, the stock’s Stochastic %D was 37.45%. Additionally, its Average True Range was 1.54.
During the past 100 days, Sirius XM Holdings Inc.’s (SIRI) raw stochastic average was set at 4.88%, which indicates a significant decrease from 14.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.52% in the past 14 days, which was lower than the 63.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.92, while its 200-day Moving Average is $37.12. Nevertheless, the first resistance level for the watch stands at $24.16 in the near term. At $24.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.97. If the price goes on to break the first support level at $23.35, it is likely to go to the next support level at $23.06. Assuming the price breaks the second support level, the third support level stands at $22.54.
Sirius XM Holdings Inc. (NASDAQ: SIRI) Key Stats
With a market capitalization of 8.02 billion, the company has a total of 3,846,632K Shares Outstanding. Currently, annual sales are 8,953 M while annual income is 1,258 M. The company’s previous quarter sales were 2,178 M while its latest quarter income was 316,000 K.
