Sirius XM (SIRI) closed the most recent trading day at $23.91, moving +2.93% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, lost 0.39%.
The stock of satellite radio company has risen by 6.02% in the past month, leading the Consumer Discretionary sector's gain of 5.04% and the S&P 500's gain of 5.88%.
Investors will be eagerly watching for the performance of Sirius XM in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on July 31, 2025. On that day, Sirius XM is projected to report earnings of $0.79 per share, which would represent a year-over-year decline of 1.25%. Our most recent consensus estimate is calling for quarterly revenue of $2.13 billion, down 2.13% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.85 per share and revenue of $8.52 billion, indicating changes of +60.11% and -2.1%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Sirius XM. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding 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 currently has a Zacks Rank of #5 (Strong Sell).
Digging into valuation, Sirius XM currently has a Forward P/E ratio of 8.16. This indicates a discount in contrast to its industry's Forward P/E of 14.27.
We can also see that SIRI currently has 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. SIRI's industry had an average PEG ratio of 1.24 as of yesterday's close.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 167, finds itself in the bottom 33% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Sirius XM Holdings Inc. (SIRI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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