Professional
Added to YB: 2024-07-23
Pitch date: 2024-07-08
SIRI [bullish]
Sirius XM Holdings Inc.
-17.15%
current return
Author Info
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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
$32.23
Price Target
5.00 (-81%)
Dividend
5.15%
EV/EBITDA
7.42
P/E
7.42
EV/Sales
2.02
Sector
Media
Category
value
Sirius XM Holdings Inc.: Decent Results With Plan for Technology and Content Investment to Drive Growth
SIRI: SiriusXM & Pandora. 34M self-pay subs. Narrow moat from cost advantage, intangibles. 15.5% royalty rate vs streaming rivals. 61% GM satellite, 34% Pandora. $5 PT, 15x P/E, 10x EV/EBITDA. <1% rev growth. Risks: vehicle sales, streaming competition, satellite failure. Exemplary capital allocation.
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