The stock had a range of $3.03 to $3.14 as of 1:40 p.m. on Monday and holds a 52-week range of $2.98 to $4.18. More than 27.5 million shares had changed hands by that point.
TheStreet Ratings team rates SIRIUS XM HOLDINGS INC as a "hold" with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:
"We rate SIRIUS XM HOLDINGS INC (SIRI) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and premium valuation."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- SIRI's revenue growth has slightly outpaced the industry average of 3.9%. Since the same quarter one year prior, revenues rose by 11.2%. This growth in revenue does not appear to have trickled down to the company's bottom line, displaying stagnant earnings per share.
- Net operating cash flow has increased to $251.39 million or 48.82% when compared to the same quarter last year. In addition, SIRIUS XM HOLDINGS INC has also vastly surpassed the industry average cash flow growth rate of -2.98%.
- The gross profit margin for SIRIUS XM HOLDINGS INC is rather high; currently it is at 60.86%. Regardless of SIRI's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 9.42% trails the industry average.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Media industry. The net income has decreased by 23.9% when compared to the same quarter one year ago, dropping from $123.60 million to $93.99 million.
- You can view the full analysis from the report here: SIRI Ratings Report
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.