Sirius XM Radio Inc. Stock Buy Recommendation Reiterated (SIRI)
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- SIRI's revenue growth has slightly outpaced the industry average of 8.4%. Since the same quarter one year prior, revenues rose by 13.9%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- Powered by its strong earnings growth of 100.00% and other important driving factors, this stock has surged by 31.00% over the past year, outperforming the rise in the S&P 500 Index during the same period. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
- The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Media industry and the overall market, SIRIUS XM RADIO INC's return on equity significantly exceeds that of both the industry average and the S&P 500.
- The gross profit margin for SIRIUS XM RADIO INC is rather high; currently it is at 63.20%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 17.50% is above that of the industry average.
- Net operating cash flow has increased to $293.23 million or 36.38% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of -6.20%.
--Written by a member of TheStreet Ratings Staff. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
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