Sirius XM moved -7.6% this evening session, trading between a high of $4.345 and a low of $3.93 per share. Yesterday the stock finished at $4.32 per share, compared to an average analyst target price of $4.93.
Sirius XM Holdings Inc., an audio entertainment company, operates audio business including subscription entertainment services in the United States. The large-cap broadcasting company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.2%. Sirius XM has trailing twelve months earnings per share (EPS) of 0.3, which at today's prices amounts to a price to earnings (P/E) ratio of 13.3.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.8. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-02 | 9,003,000 | -4,130,000 | 54 | 0.0 |
| 2022-02-01 | 8,696,000 | -3,968,000 | 54 | -1.82 |
| 2021-02-02 | 8,040,000 | -3,579,000 | 55 | -1.79 |
| 2020-02-04 | 7,794,000 | -3,427,000 | 56 | -33.33 |
| 2019-01-30 | 5,771,000 | -915,000 | 84 | 0.0 |
| 2018-01-31 | 5,425,129 | -891,659 | 84 |
At 64.5%, Sirius XM's average gross margins are wider than the 40.03% average of its industry peer group, which suggests that the firm might have a competitive advantage.
