How Have Sirius XM Holdings Inc. (SIRI) Earnings Estimates Changed?

Yolanda Curtis
October 14, 2017

(NASDAQ:SIRI) has gone stronger by 39.27%. About 1.32M shares traded. (NASDAQ:SIRI) has 20 days moving average price of 3.11% from last close price of 5.72 and act as support or resistance of price limit. The firm has a market capitalization of $26.34 billion, a price-to-earnings ratio of 33.59 and a beta of 1.07. SIRI stock price revealed optimistic move of 10.29% comparing average price of last 200 days. Sirius XM Holdings earned a daily sentiment score of 0.09 on Accern's scale. Over the past twelve months, Sirius XM Holdings Inc. The analysts estimated EPS for the higher end at 0.05 and lower end at 0.04 while the year ago reported earnings per share was 0.05. The business had revenue of $1.35 billion for the quarter, compared to analysts' expectations of $1.32 billion. It has a return on equity (ROE) of -99.10%. The company's revenue was up 9.1% on a year-over-year basis. IL lifted its position in shares of Sirius XM Holdings by 1.5% during the 1st quarter.

According to the the latest analyst ratings which have been released, 3 brokers have issued a rating of "buy", 5 brokers "outperform", 8 brokers "hold", 2 brokers "underperform" and 0 brokers "sell". Stockholders of record on Thursday, November 9th will be paid a dividend of $0.011 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.76%.

Liberty Capital Management Inc decreased Sirius Xm Hldgs Inc Com (SIRI) stake by 91.73% reported in 2017Q2 SEC filing.

Institutional investors and hedge funds have recently made changes to their positions in the company. Toronto Dominion Bank now owns 20,278 shares of the company's stock valued at $111,000 after purchasing an additional 1,799 shares during the last quarter.

07/17/2017 - CME Group Inc. had its "buy" rating reiterated by analysts at Jefferies. For the quarter, shares have been noted at 11.57%. Finally, Advisor Partners LLC grew its position in shares of Sirius XM Holdings by 103.7% during the second quarter. Chiron Investment Management LLC now owns 2,709,646 shares of the company's stock valued at $14,822,000 after purchasing an additional 1,598,500 shares during the last quarter. After $0.04 actual earnings per share reported by Sirius XM Holdings Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Always a trader wondering inside facts about his stocks, ownership status of firm sometimes helps to clear picture of dark side facts.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. They now have a United States dollars 6 price target on the stock. KeyCorp restated a "hold" rating on shares of Sirius XM Holdings in a research report on Friday, August 25th. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold".

Let's take a look at how the stock has been performing recently. The firm now has a "buy" rating on the stock.

On August 7 Citigroup maintained a company rating of "Buy" but raised the price target from $4.90 to $6.70. Gotham Asset Management LLC acquired a new position in Sirius XM Holdings during the third quarter worth $2,904,000. "(SIRI) Short Interest Down 4.0% in September" was originally posted by Week Herald and is the property of of Week Herald.

12/14/2015 - JP Morgan began new coverage on Sirius XM Holdings Inc. giving the company a "neutral" rating. Subscribers can also receive music and other channels, and features, such as SiriusXM On Demand and MySXM, over its Internet radio service, including through applications for mobile devices, home devices and other consumer electronic equipment.

Other reports by iNewsToday