How much debt does Siri have?
Total debt on the balance sheet as of December 2023 : $9.53 B. According to Sirius XM's latest financial reports the company's total debt is $9.53 B. A company's total debt is the sum of all current and non-current debts.
Sirius XM Holdings has a total shareholder equity of $-2.6B and total debt of $9.2B, which brings its debt-to-equity ratio to -358.5%. Its total assets and total liabilities are $10.4B and $12.9B respectively. Sirius XM Holdings's EBIT is $2.0B making its interest coverage ratio 4.8.
According to the latest TipRanks data, approximately 88.91% of Sirius XM Holdings Inc (SIRI) stock is held by retail investors. Invesco owns the most shares of Sirius XM Holdings Inc (SIRI).
P/E ratio as of March 2024 (TTM): 12.1
According to Sirius XM's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.125. At the end of 2022 the company had a P/E ratio of 19.5.
Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway has recently increased its stake in Liberty SiriusXM Group (NASDAQ:LSXMA), adding 1,491,510 shares on March 6, 2024. This transaction, executed at a price of $29.22 per share, has expanded the firm's total holdings to 25,231,542 shares.
Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway has recently made a notable addition to its investment portfolio by acquiring additional shares in Liberty SiriusXM Group (NASDAQ:LSXMK).
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Sirius XM stock have an average target of 4.52, with a low estimate of 3.00 and a high estimate of 6.50. The average target predicts an increase of 27.32% from the current stock price of 3.55.
On average, Wall Street analysts predict that Sirius Xm Holdings's share price could reach $4.40 by Apr 1, 2025. The average Sirius Xm Holdings stock price prediction forecasts a potential upside of 23.94% from the current SIRI share price of $3.55.
SIRI Stock 12 Months Forecast
Based on 9 Wall Street analysts offering 12 month price targets for Sirius XM Holdings in the last 3 months. The average price target is $4.74 with a high forecast of $6.50 and a low forecast of $3.50. The average price target represents a 22.16% change from the last price of $3.88.
After years of discussion, Sirius XM acquired Pandora in a $3.5 billion deal last year. Jim Meyer, Chief Executive Officer of SiriusXM, said, “This is a tremendous outcome for two organizations with complementary platforms and large audiences, and we could not be more excited to be moving forward as one company.
What is a good price-to-earnings ratio to buy a stock?
Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio.
Berkshire seems to be looking to capitalize on the spread between the value of the Sirius XM stock that will be received by Liberty Sirius XM shareholders under a deal reached in late 2023 and the current price of the tracking stock.
Sirius XM Holdings annual gross profit for 2023 was $4.744B, a 2.65% decline from 2022. Sirius XM Holdings annual gross profit for 2022 was $4.873B, a 3.07% increase from 2021.
This is not the first time Warren Buffett stocks of Apple (AAPL) were sold and it's not even the biggest sale he's made. Sirius XM (SIRI): The investing great did add to his position in SIRI stock that he first bought in Q3 2023.
The transaction reflects Buffett's confidence in the company's long-term value and aligns with his investment philosophy. With solid financial metrics and a positive market outlook, Liberty SiriusXM Group stands as a potentially lucrative investment for value investors following Buffett's lead.
Sirius XM posted a decline in revenue last year, with management expecting the same in 2024. The company faces intense competition from deep-pocketed rivals. Shares are cheap, but there's no reason to believe they can produce strong returns in the future.
Sirius XM Holdings Inc.
may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of SIRI, demonstrate its potential to outperform the market. It currently has a Growth Score of B.
[A]n acquisition was just not something we were actively seeking.” But when Jobs came back a few months later, they sold Siri to Apple in April 2010 for more than $200 million, according to reports. For a year and a half, Cheyer worked at Apple to create the version of Siri that now exists on the iPhone.
Sirius XM Holdings Inc.'s ( SIRI ) ex-dividend date is February 8, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment. Sirius XM Holdings Inc. ( SIRI ) pays dividends on a quarterly basis. Sirius XM Holdings Inc.
Sirius XM Holdings Stock Prediction 2030
In 2030, the Sirius XM Holdings stock will reach $ 4.70 if it maintains its current 10-year average growth rate. If this Sirius XM Holdings stock prediction for 2030 materializes, SIRI stock will grow 32.92% from its current price.
Is SIRI a penny stock?
Some of the best penny stocks include Sirius XM Holdings Inc. (NASDAQ:SIRI), Peloton Interactive, Inc. (NASDAQ:PTON), and Plug Power Inc. (NASDAQ:PLUG).
Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.
SiriusXM went public on September 13, 1994.
In general, Siri is safe since the data it collects and sends to Apple isn't associated with your identity.
Originally Answered: will apple be able to profit from Siri? Short answer: no, but who cares. Not Apple.
