Sirius XM (SIRI) ended the recent trading session at $23.19, demonstrating a -2.77% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.32%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.26%.
Prior to today's trading, shares of the satellite radio company had gained 11.19% outpaced the Consumer Discretionary sector's gain of 5.77% and the S&P 500's gain of 4.51%.
The investment community will be paying close attention to the earnings performance of Sirius XM in its upcoming release. The company is slated to reveal its earnings on July 31, 2025. The company is predicted to post an EPS of $0.78, indicating a 2.5% decline compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.13 billion, down 2.14% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.85 per share and a revenue of $8.52 billion, indicating changes of +60.11% and -2.1%, respectively, from the former year.
Investors should also note any recent changes to analyst estimates for Sirius XM. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.61% decrease. Sirius XM is holding a Zacks Rank of #4 (Sell) right now.
Looking at valuation, Sirius XM is presently trading at a Forward P/E ratio of 8.38. This denotes a discount relative to the industry average Forward P/E of 15.63.
It's also important to note that SIRI currently trades at a PEG ratio of 0.34. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Broadcast Radio and Television industry was having an average PEG ratio of 1.24.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 176, placing it within the bottom 29% of over 250 industries.
