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

[PR Newswire] – NEW YORK, Feb. 2, 2016 /PRNewswire/ — SiriusXM today announced fourth quarter and full-year 2015 operating and financial results, including record revenue of $1.2 billion and $4.6 billion, respectively, … Read more on this. Sirius XM Holdings Inc. (SIRI) , valued at $18.95B, started the session at $3.64. Shares have traded today between $3.60 and $3.67 per share and has traded between $3.31 and $4.20 over the past 12 months. SIRI shares are currently priced at 37.20x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s -0.95x earnings multiple. 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 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. More recently, Gabelli & Co Initiated SIRI at Buy (Sep 18, 2015). Previously, Wunderlich upgraded SIRI from Hold to Buy. Investors should keep in mind is that the average price target is $4.69, which is 28.85% above where the stock opened this morning. See more in (NASDAQ:SIRI) Similar Articles: Stock Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM to Announce Full-Year and Fourth Quarter 2015 Results 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