In the latest trading session, Sirius XM (SIRI) saw a 1.21% increase, closing at $21.75, outperforming the S&P 500’s 1.16% loss. Over the past month, SIRI shares have gained 2.77%, with upcoming earnings projected at $0.77 per share and $2.18 billion in revenue, a slight decrease from last year.

Analyst estimates for Sirius XM show a potential 7.23% decrease in EPS and a 0.58% drop in revenue compared to the previous year. The Zacks Rank system rates SIRI as a #3 (Hold), with a Forward P/E ratio of 7.75, indicating a discount relative to industry averages.

Investors should pay attention to recent analyst estimate adjustments for Sirius XM, as they can impact the stock price. The Broadcast Radio and Television industry, where SIRI is categorized, has an average PEG ratio of 1.35, with SIRI’s ratio at 0.32. Stay informed on these metrics using Zacks.com for future trading decisions.

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Read more at Nasdaq: Sirius XM (SIRI) Increases Despite Market Slip: Here’s What You Need to Know