Company Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM Announces Expanded Coverage for 2016 PGA Merchandise Show

[PR Newswire] – NEW YORK, Jan. 22, 2016 /PRNewswire/ — More than 30 hours of programming from the annual global golf event in Orlando Two special events on PGA Forum Stage: SiriusXM Town Hall with legendary football … Read more on this. Sirius XM Holdings Inc. (SIRI) , currently valued at $19.55B, opened at $3.73. Shares have traded today between $3.72 and $3.77 per share and has traded between $3.31 and $4.20 over the past year. Priced at 36.00x this year’s forecasted earnings, SIRI shares are relatively expensive compared to the industry ’s -0.96x forward p/e ratio. According to a consensus of 16 analysts, the earnings estimate of $0.03 per share 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 improvement 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 the stock is $4.68, which is 25.47% above where the stock opened this morning. See more in (NASDAQ:SIRI) Similar Articles: Company Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – Pat Monahan of Train to Host New Show Exclusively on SiriusXM Company Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM and Pro Football Hall of Fame Team Up for New Show Market Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM Announces Extensive Coverage of College Football’s Opening Week
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