Sirius XM Radio Inc. (SIRI): Today's Featured Media Laggard

Sirius XM Radio ( SIRI) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Sirius XM Radio fell 3 cents (-1.4%) to $2.13 on light volume. Throughout the day, 20.4 million shares of Sirius XM Radio exchanged hands as compared to its average daily volume of 48.8 million shares. The stock ranged in price between $2.09-$2.18 after having opened the day at $2.18 as compared to the previous trading day's close of $2.16. Other company's within the Media industry that declined today were: Constant Contact ( CTCT), down 4.8%, SearchMedia Holdings ( IDI), down 4.6%, Seven Arts Entertainment ( SAPX), down 4.4%, and Focus Media ( FMCN), down 4.3%.

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 $8.32 billion and is part of the services sector. The company has a P/E ratio of 27.4, above the average media industry P/E ratio of 24.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 20.3% year to date as of the close of trading on Tuesday. 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 buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, compelling growth in net income, revenue growth, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, Sinclair Broadcast Group ( SBGI), up 12.1%, Inuvo ( INUV), up 10.7%, ReachLocal ( RLOC), up 9.4%, and Digital Domain Media Group ( DDMG), up 8%, were all gainers within the media industry with Charter Communications ( CHTR) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).
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