Sirius XM (SIRI) closed the most recent trading day at $20.45, moving -2.2% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.06%. Meanwhile, the Dow experienced a drop of 0.17%, and the technology-dominated Nasdaq saw a decrease of 0.06%.
The satellite radio company's stock has dropped by 1.51% in the past month, falling short of the Consumer Discretionary sector's loss of 1.49% and the S&P 500's gain of 1.99%.
Market participants will be closely following the financial results of Sirius XM in its upcoming release. The company plans to announce its earnings on February 5, 2026. The company's upcoming EPS is projected at $0.77, signifying a 7.23% drop compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.18 billion, down 0.58% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $2.77 per share and a revenue of $8.54 billion, indicating changes of +55.62% and 0%, respectively, from the former year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Sirius XM. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
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 remained unchanged. Sirius XM currently has a Zacks Rank of #2 (Buy).
In the context of valuation, Sirius XM is at present trading with a Forward P/E ratio of 6.78. This signifies a discount in comparison to the average Forward P/E of 11.88 for its industry.
Meanwhile, SIRI's PEG ratio is currently 0.28. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Broadcast Radio and Television was holding an average PEG ratio of 0.76 at yesterday's closing price.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 56, placing it within the top 23% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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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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