Sirius XM Holdings Inc. (NASDAQ:SIRI) stock is presently standing at about $4.63 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 15 analysts covering the company is $4.85, which suggests the stock could still rise over 5 percent. The highest analyst price target is $5.55, which implies a rally of 80 percent. And a quick view of analyst notes show that 6 are rating the stock a buy while 5 rate SIRI a strong buy. There are 8 equity research firms advocating a Hold and 0 consider it Sell.
Telsey Advisory Group analysts provided their view on Sirius XM Holdings Inc. (NASDAQ:SIRI) recently. The rating firm issued a Market Perform rating to this company in a research note released on Jul 12, 2016. Gabelli & Co analysts disclosed their opinion on Sirius XM Holdings Inc. (NASDAQ:SIRI) recently. The rating firm gave a Buy rating to this stock in a research note published on Sep 18, 2015. According to a research note disclosed on Jul 29, 2015, analysts at Wunderlich have upped their rating on these shares from Hold to Buy.
Sirius XM Holdings Inc. (NASDAQ:SIRI) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its EVP, Sales and Automotive COOK STEPHEN sold 50,000 company shares for $228000.5, in a transaction on 2016-11-21. Following the transaction, the EVP, Sales and Automotive is left with a stake of 228.5 shares, currently valued at $1058. Meanwhile, Director AMBLE JOAN LORDI sold 48,977 shares worth $215000.5, through a transaction dated 2016-11-14. Following the completion of the transaction, the insider is left with a stake of 12,724 shares, amounting $58912.12. SIRI EVP & Chief Admin. Officer Altman Dara F also sold 514,625 shares, at a stock price of $4.36. This transaction occurred on 2016-07-27 totals $2243000.77. After this transaction, the insider’s stake stands at 343,276 shares, with a market value of $1589368.
Sirius XM Holdings Inc. (NASDAQ:SIRI) Earnings Outlook
In Sirius XM Holdings Inc. (NASDAQ:SIRI)’s latest quarter, EPS moved to $0.04 from $0.03 in preceding quarter and revenues reached at $1,277.65M compared to $1,235.57M. Analysts had expected Sirius XM Holdings Inc. (NASDAQ:SIRI) to post net income of about $0.04 per share on $1,268.78M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.04 to $0.05. That is compared with the $0.03 in EPS it reported during the same period a year ago.