We are going to take a deep look at Sirius XM Holdings Inc. (NASDAQ: SIRI) to get a better view of the company and its prevailing status, as well as the prospect it may offer for investors. Today’s prime focus will be a fundamental assessment of the equity from top to bottom.
As such, let’s begin with the top line, i.e. revenue trends. Last quarter, the firm saw its overall revenue come at $1.47B. That represents a change in revenues, on a quarterly/yearly basis, of 0.06%. If it is translated into sequential terms, the firm witnessed sales grow by 0.03% from quarter to quarter.
It’s important to track the top line data. There’s no better way to compute the end market’s reception of a firms products. But no one wins without bottom line performance, which is what is required to look at next. Sirius XM Holdings Inc. (NASDAQ: SIRI) is intriguing when segregated to its core data. The cost of selling goods in preceding quarter was $749.71M, resulting in a gross basic income of $717.67M. For shareholders, provided the total diluted due shares of 4.57B, this means earnings per share of $0.07. Note, this assesses with a consensus analyst projection of $0.06 in EPS for its next quarterly report.
Given that data, now is the time to turn to a thorough glance across analyst projections for the firm going forward. At present, analysts have a consensus average recommendation of Overweight. This is grounded on a total of 17 analyst. While we don’t recommend taking analyst calls as face value strategies for action in a portfolio, we do consider it is vital to note where consensus is on equity to understand what basic assumptions are possibly already discounted into the pricing of shares. As far as price targets, market analysts have an average target of $7.07. In addition, for next year, estimates of a fiscal year forecast is 0.27 in total EPS. On a median price to earnings ratio, that outlook results in a valuation of $22.44 times earnings.
For Sirius XM Holdings Inc. (NASDAQ: SIRI), the firm presently holds around $46.19M in cash. That cash is balanced against around $4.41M in total current liabilities. The firm’s debt is $falling, while total assets are $8.27B balanced by total liabilities of $9.65B. The free cash flow last quarter was $287.81M, representing a net change in cash of $(17.47M). On a net operating level, the cash flow was about $352.27M.
Sirius XM Holdings Inc. is a radio broadcasting company. It creates and broadcasts commercial-free music; premier sports and live events; news and comedy; exclusive talk and entertainment; and the most comprehensive lineup of Latin commercial-free music, sports, and talk programming in radio. SiriusXM…
We will apprise the interesting story of Sirius XM Holdings Inc. (NASDAQ: SIRI) as new events transpire.
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