With 5.65 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.88 million shares. The 52-week range on SIRI shows that it touched its highest point at $42.50 and its lowest point at $20.47 during that stretch. It currently has a 1-year price target of $23.58. With its current market cap of 8.05 billion, SIRI has annualized dividend of $0.59 while the current yield stands at 2.50%. Beta for the stock currently stands at 0.99.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SIRI was down-trending over the past week, with a drop of -0.71%, but this was down by -3.53% over a month. Three-month performance dropped to -13.67% while six-month performance fell -23.88%. The stock lost -43.05% in the past year, while it has gained 4.17% so far this year. A look at the trailing 12-month EPS for SIRI yields -4.94 with Next year EPS estimates of 3.14. For the next quarter, that number is 0.66. This implies an EPS growth rate of 150.44% for this year and 1.25% for next year.
Float and Shares Shorts:
At present, 338.97 million SIRI shares are outstanding with a float of 310.03 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SIRI since 10 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 3 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$5.48981 being high and -$6.82099 being low. For SIRI, this leads to a yearly average estimate of -$6.19152. Based on analyst estimates, the high estimate for the next quarter is $1.1 and the low estimate is $0.71. The average estimate for the next quarter is thus $0.81.
