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Sirius XM (SIRI) Stock Slides as Market Rises: Facts to Know Before You Trade
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Sirius XM (SIRI - Free Report) ended the recent trading session at $26.61, demonstrating a -4.96% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.8%. At the same time, the Dow lost 0.16%, and the tech-heavy Nasdaq gained 1.63%.
The stock of satellite radio company has risen by 22% in the past month, leading the Consumer Discretionary sector's gain of 2.91% and the S&P 500's gain of 8.11%.
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 April 30, 2026. In that report, analysts expect Sirius XM to post earnings of $0.7 per share. This would mark year-over-year growth of 18.64%. Meanwhile, the latest consensus estimate predicts the revenue to be $2.07 billion, indicating a 0.22% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.09 per share and revenue of $8.54 billion, indicating changes of -3.13% and -0.15%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Sirius XM. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.16% higher. Sirius XM is currently a Zacks Rank #2 (Buy).
Looking at its valuation, Sirius XM is holding a Forward P/E ratio of 9.05. This signifies a discount in comparison to the average Forward P/E of 21.43 for its industry.
We can also see that SIRI currently has a PEG ratio of 0.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Broadcast Radio and Television industry was having an average PEG ratio of 4.27.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 173, placing it within the bottom 30% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Sirius XM (SIRI) Stock Slides as Market Rises: Facts to Know Before You Trade
Sirius XM (SIRI - Free Report) ended the recent trading session at $26.61, demonstrating a -4.96% change from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.8%. At the same time, the Dow lost 0.16%, and the tech-heavy Nasdaq gained 1.63%.
The stock of satellite radio company has risen by 22% in the past month, leading the Consumer Discretionary sector's gain of 2.91% and the S&P 500's gain of 8.11%.
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 April 30, 2026. In that report, analysts expect Sirius XM to post earnings of $0.7 per share. This would mark year-over-year growth of 18.64%. Meanwhile, the latest consensus estimate predicts the revenue to be $2.07 billion, indicating a 0.22% increase compared to the same quarter of the previous year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.09 per share and revenue of $8.54 billion, indicating changes of -3.13% and -0.15%, respectively, compared to the previous year.
Investors should also pay attention to any latest changes in analyst estimates for Sirius XM. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.16% higher. Sirius XM is currently a Zacks Rank #2 (Buy).
Looking at its valuation, Sirius XM is holding a Forward P/E ratio of 9.05. This signifies a discount in comparison to the average Forward P/E of 21.43 for its industry.
We can also see that SIRI currently has a PEG ratio of 0.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Broadcast Radio and Television industry was having an average PEG ratio of 4.27.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 173, placing it within the bottom 30% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.