Stock Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM to Announce Full-Year and Fourth Quarter 2015 Results

[PR Newswire] – NEW YORK, Jan. 20, 2016 /PRNewswire/ — SiriusXM announced today that it plans to release full-year and fourth quarter 2015 financial and operating results on Tuesday, February 2, 2016. SiriusXM will hold a conference call at 8:00 am ET the same day to discuss these results. Read more on this. Sirius XM Holdings Inc. (SIRI) , currently valued at $18.76B, began trading this morning at $3.60. A quick look at the market, the company’s stock traded between $3.45 and $3.63 with its 52-week range being $3.31 to $4.20. SIRI shares are currently priced at 36.60x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s -0.96x forward p/e ratio. 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. What we find to be interesting is that the full-year EPS estimate of $0.10 is a $0.02 better when compared to the previous year’s annual results. 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. Recently, Gabelli & Co Initiated SIRI at Buy (Sep 18, 2015). Previously, Wunderlich upgraded SIRI from Hold to Buy. The average price target for SIRI shares by the analysts covering it is $4.68, which is 30.00% above where the stock opened. See more in (NASDAQ:SIRI) Similar Articles: Market Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM Presents Extensive Live Concert Lineup on New Year’s Eve Market Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM Reports Third Quarter 2015 Results Market Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM Announces Programming for 2015 NFL Season