Stock Analyst Estimates on Sirius XM Holdings Inc. (NASDAQ:SIRI)

Shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) have received a top rating according to Beta Systems research. The rating takes into consideration fundamentals, analyst views, and potential future earnings growth. The compiled data also includes analyst target price and earnings per share projections. Many investors are typically focused on where covering sell-side analysts see the stock headed in the future. The Zacks Research consensus target price is currently $4.968. This consensus estimate may differ from other data providers like First Call or Factset. The target prices are currently in the range of $4.5-$5.65.  

Covering equity analysts may also provide company stock ratings. Sell-side research firms may use different terminology when evaluating whether a stock should be pegged as a Buy, Sell, or Hold. Zacks Research offers an Average Broker Rating on company shares. This rating compiles recommendations from research analysts, and the resulting number resides on a scale between 1 and 5. Presently, Sirius XM Holdings Inc. has an ABR of 1.77. Following this rating scale, a score of 1 would represent a Strong Buy, and a score of 5 would indicate a Strong Sell. The average broker rating helps provide investors with a general feel of analyst sentiment on the stock.

Wall Street analysts are typically extra busy during earnings season. Prior to earnings, they are trying to correctly predict what a specific company will report. After earnings, they may be busy sifting through the earnings report and updating future company projections. Sell-side equity analysts are currently looking for the company to report quarterly EPS of $0.04. Most recently, the company reported a quarterly earnings per share actual that landed $0 away from what polled analysts were anticipating. This created a suprise factor of 0%. On or around 2017-02-07 is when the company is expected to next post earnings results.

The data in this report is in part provided by Zacks Research and Yahoo Finance.  The author does not have, nor plans to take any position in Sirius XM Holdings Inc. shares within the next 14 days.  Readers should not consider this as a recommendation to buy or sell company stock.  This piece is for informational purposes only.  Potentialy investors should always conduct full research before making investment decisions. 

Leave a Comment