Digging Up the Facts on Sirius XM Holdings Inc. (SIRI)

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 $5.82, down from yesterday’s close by -0.51%. 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

Sirius XM Holdings Inc. (SIRI) currently trades with a market capitalization of $26.89 Billion. That value represents a market adjusting for revenues that have been growing by 7.74 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $1.57 Billion over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.06 on a per share basis this quarter. Perhaps, that suggests something about why 0.40% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Sirius XM Holdings Inc. recorded a 52-week high of $6.28. It is now trading 0.46% off that level. The stock is trading $5.60 its 50-day moving average by -0.22%. The stock carved out a 52-week low down at $4.69.

In recent action, Sirius XM Holdings Inc. (SIRI) has made a move of +5.82% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 10.86, 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 15.51% with $1.39 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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