Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Sirius XM Radio fell 6 cents (-2.3%) to $2.50 on average volume. Throughout the day, 45.7 million shares of Sirius XM Radio exchanged hands as compared to its average daily volume of 51.3 million shares. The stock ranged in price between $2.48-$2.54 after having opened the day at $2.54 as compared to the previous trading day's close of $2.56. Other companies within the Media industry that declined today were:
), down 7.3%,
), down 6%,
), down 5.9%, and
), down 4.5%.
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Sirius XM Radio Inc. provides satellite radio services in the United States and Canada. The company broadcasts approximately 135 channels, including music, sports, entertainment, comedy, talk, news, traffic, and weather channels on subscription fee basis through two satellite radio systems. Sirius XM Radio has a market cap of $9.49 billion and is part of the
sector. The company has a P/E ratio of 4.8, below the average media industry P/E ratio of 27.5 and below the S&P 500 P/E ratio of 17.7. Shares are up 41.2% year to date as of the close of trading on Wednesday. Currently there are six analysts that rate Sirius XM Radio a buy, no analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates Sirius XM Radio as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Sirius XM Radio Ratings Report.
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