Market Update (NASDAQ:SIRI): The Billy Joel Channel to Return to SiriusXM on January 15

[PR Newswire] – NEW YORK, Jan. 8, 2016 /PRNewswire/ — SiriusXM announced today that The Billy Joel Channel, an exclusive channel featuring the works of iconic entertainer, Billy Joel, will return to SiriusXM. Billy Joel’s exclusive SiriusXM channel, The Billy Joel Channel, will feature music spanning the Rock & Roll Hall of Famer’s career, including songs from each of his live and studio albums. Additionally, SiriusXM listeners will hear Joel introducing songs each hour, offering insight into their significance, meaning, composition and recording. Read more on this. Sirius XM Holdings Inc. (SIRI) , with a current market cap of $19.86B, opened at $3.85. Shares have traded today between $3.79 and $3.87 per share and has traded between $3.31 and $4.20 over the past year. SIRI shares are currently priced at 38.40x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 0.65x earnings multiple for the same period. Consensus earnings for the current quarter by the 16 sell-side analysts covering the stock is an estimate of $0.03 per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $0.10, which would be a $0.02 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $1.19 Billion. If reported, that would be a 9.17% increase over the year-ago quarter. More recently, Gabelli & Co Initiated SIRI at Buy (Sep 18, 2015). Previously, Wunderlich upgraded SIRI from Hold to Buy. Given all the information above, we should disclose to readers that the average price target is $4.69, which is 21.82% above than it opened this morning. See more in (NASDAQ:SIRI) Similar Articles: Company Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – Joel and Victoria Osteen to Host Exclusive SiriusXM Town Hall Broadcast October 5 Market Update (NASDAQ:SIRI): Jenna Wolfe to Host Live Call-In Show Exclusively on SiriusXM’s TODAY Show Radio Channel Stock Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM to Launch New 24/7 Comedy Channel: SiriusXM Comedy Greats