Sirius XM Holdings Inc (SIRI) recent activity suggests a positive outlook with the last week’s performance of -14.84%

Sirius XM Holdings Inc (NASDAQ: SIRI) on Friday, plunged -2.82% from the previous trading day, before settling in for the closing price of $24.81. Within the past 52 weeks, SIRI’s price has moved between $22.18 and $57.80.

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A company in the Communication Services sector has jumped its sales by 9.87% annually for the last half of the decade. The company achieved an average annual earnings per share of -293.55%. With a float of $335.33 million, this company’s outstanding shares have now reached $339.00 million.

In an organization with 5680 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 47.21%, operating margin of -16.48%, and the pretax margin is -21.2%.

Sirius XM Holdings Inc (SIRI) Insider and Institutional Ownership

Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of Sirius XM Holdings Inc is 1.14%, while institutional ownership is 74.70%. The most recent insider transaction that took place on Dec 04 ’24, was worth 103,000. Before that another transaction happened on Nov 26 ’24, when Company’s Former Director proposed sale 41,368 for $26.20, making the entire transaction worth $1,083,635.

Sirius XM Holdings Inc (SIRI) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -293.55% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% 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

Sirius XM Holdings Inc (SIRI) is currently performing well based on its current performance indicators. A quick ratio of 0.37 was reported for the most recent quarter. 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 8.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.83, a number that is poised to hit 0.66 in the next quarter and is forecasted to reach 2.98 in one year’s time.

Technical Analysis of Sirius XM Holdings Inc (SIRI)

Let’s dig in a bit further. During the last 5-days, its volume was 6.99 million. That was better than the volume of 3.66 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.03%. Additionally, its Average True Range was 1.21.

During the past 100 days, Sirius XM Holdings Inc’s (SIRI) raw stochastic average was set at 10.15%, which indicates a significant increase from 6.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.84% in the past 14 days, which was higher than the 52.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $26.27, while its 200-day Moving Average is $30.31. However, in the short run, Sirius XM Holdings Inc’s stock first resistance to watch stands at $24.74. Second resistance stands at $25.36. The third major resistance level sits at $25.85. If the price goes on to break the first support level at $23.62, it is likely to go to the next support level at $23.13. The third support level lies at $22.51 if the price breaches the second support level.

Sirius XM Holdings Inc (NASDAQ: SIRI) Key Stats

Market capitalization of the company is 7.95 billion based on 339,202K outstanding shares. Right now, sales total 8,953 M and income totals 1,258 M. The company made 2,171 M in profit during its latest quarter, and -2,456 M in sales during its previous quarter.