Market Update (NASDAQ:SIRI): 2016 NFL Draft Airs Live on SiriusXM

[PR Newswire] – NEW YORK, April 25, 2016 /PRNewswire/ — SiriusXM will provide listeners nationwide with comprehensive coverage of the 2016 NFL Draft, with live coverage of every selection from every round, as well as … Read more on this. Sirius XM Holdings Inc. (SIRI) , with a current value of $19.75B, opened this morning at $3.95. Looking at today’s trading action, the company’s one day range from $3.93 to $3.97 and has traded between $3.29 and $4.20 over the past year. SIRI shares are currently priced at 28.29x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 15.09x earnings multiple. According to a consensus of 15 analysts, the earnings estimate of $0.03 per share would be $0.01 better than the year-ago quarter and a $0.01 sequential decrease. The full-year EPS estimate is $0.14 which would be a $0.05 better than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $1.18 Billion. If reported, that would be a 9.26% 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 $4.53, which is 14.68% above where the stock opened this morning. See more in (NASDAQ:SIRI) Similar Articles: Market Update (NASDAQ:SIRI): SiriusXM Expands Roster for Masters 2016 Coverage Market Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM Announces Expanded Coverage of 2016 NCAA® Division I Men’s Basketball Championship; Every Game Now Available on SiriusXM App in Addition to Radios Market Update: Sirius XM Holdings Inc (NASDAQ:SIRI) – SiriusXM Presents Extensive Live Concert Lineup on New Year’s Eve