Added to YB: 2024-12-26
Pitch date: 2024-12-25
SIRI [bullish]
Sirius XM Holdings Inc.
-2.55%
current return
Author Info
@smantel is an ex-sell side analyst with a focus on fundamental research. Follow him on Twitter.
Company Info
Sirius XM Holdings Inc. operates as an audio entertainment company in North America. It operates through two segments, Sirius XM, and Pandora and Off-platform.
Market Cap
$7.1B
Pitch Price
$22.32
Price Target
27.50 (+26%)
Dividend
5.15%
EV/EBITDA
7.42
P/E
7.42
EV/Sales
2.02
Sector
Media
Category
value
SIRI Poised for Rebound: Buffett Stake, Strong Cash Flow, and Valuation Support
SIRI: Buffett increased stake to 34%. $2.7B adj EBITDA, $1B FCF, 4.6% yield, $1.7B buyback. Cheap at 7.7x P/E, 2.1x EV/S, 6.8x EV/EBITDA. Management focused on content, ads, efficiency. Down from $29 to $23.40 in 10 sessions. 17.5% upside to $27.50. 6.2% short interest. Tax loss selling rebound potential.
Read full article (1 min)