Sirius XM Holdings Inc. (SIRI): From Top to Bottom

Sirius XM Holdings Inc. (SIRI) is an interesting player in the Services space, with a focus on Broadcasting – Radio. The stock has been active on the tape, currently trading at $5.48, up from yesterday’s close by 0.92%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. Sirius XM Holdings Inc. (SIRI) currently trades with a market capitalization of $25.33 Billion. That value represents a market adjusting for revenues that have been growing by 7.75 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For SIRI, the company currently has $230.49 Million of cash on the books, which is offset by $4.64 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $1.44 Billion over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.04 on a per share basis this quarter. Perhaps, that suggests something about why 21.21% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Sirius XM Holdings Inc. recorded a 52-week high of $5.53. It is now trading 0.05% off that level. The stock is trading $5.18 its 50-day moving average by -0.3%. The stock carved out a 52-week low down at $4.05.

In recent action, Sirius XM Holdings Inc. (SIRI) has made a move of +5.79% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 19.4, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 16.91% with $1.46 Billion sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SIRI.

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