Is Sirius XM Holdings Inc (NASDAQ: SIRI) Stock Worth Investing In for High Returns?

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In the latest trading session,, 9.68 million Sirius XM Holdings Inc (NASDAQ:SIRI) shares changed hands as the company’s beta touched 1.07. With the company’s most recent per share price at $2.71 changing hands around $0.06 or 2.26% at last look, the market valuation stands at $10.42B. SIRI’s current price is a discount, trading about -193.36% off its 52-week high of $7.95. The share price had its 52-week low at $2.45, which suggests the last value was 9.59% up since then. When we look at Sirius XM Holdings Inc’s average trading volume, we note the 3-month average coming to 22.55 million.

Sirius XM Holdings Inc (NASDAQ:SIRI) trade information

Instantly SIRI is in green as seen in intraday trades today. With action 5.86%, the performance over the past five days has been green. The jump to weekly highs of 2.76 added 2.26% to the stock’s daily price. The company’s shares are showing year-to-date downside of -50.46%, with the 5-day performance at 5.86% in the green. However, in the 30-day time frame, Sirius XM Holdings Inc (NASDAQ:SIRI) is -9.97% down.

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Sirius XM Holdings Inc (SIRI) estimates and forecasts

Data shows that the Sirius XM Holdings Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -49.81% over the past 6 months, a -3.13% in annual growth rate that is considerably lower than the industry average of 17.90%. Year-over-year growth is forecast to reach -1.70% down from the last financial year.

Consensus estimates given by 11 financial analysts project the company’s revenue in the current quarter to hit an average of 2.2B. 10 analysts are of the opinion that Sirius XM Holdings Inc’s revenue for the current quarter will be 2.2B.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.66%. The 2024 estimates are for Sirius XM Holdings Inc earnings to decrease by -5.83%, but the outlook for the next 5-year period is at 7.80% per year.

SIRI Dividends

Sirius XM Holdings Inc is expected to release its next quarterly earnings report in July. The 3.84% annual yield figure for the share gives it an annual dividend of 0.10. It is important to note, however, that the 3.84% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.