Is Sirius XM Holdings (NASDAQ:SIRI) now a ‘Sell’ After a BidaskScore Downgrade?

Sirius XM Holdings Inc. (NASDAQ:SIRI) Logo

Investors sentiment decreased to 0.75 in Q2 2019. Its down 1.50, from 2.25 in 2019Q1. It is negative, as 46 investors sold Sirius XM Holdings Inc. shares while 144 reduced holdings. 43 funds opened positions while 100 raised stakes. 777.63 million shares or 13.57% less from 899.77 million shares in 2019Q1 were reported.

Cubist Systematic Strategies Lc stated it has 0.08% of its portfolio in Sirius XM Holdings Inc. (NASDAQ:SIRI). San Francisco Sentry Inv Group Inc (Ca) invested in 145 shares. Captrust Fincl Advisors has invested 0% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Exane Derivatives has 281 shares. M&R Capital Management has invested 0% of its portfolio in Sirius XM Holdings Inc. (NASDAQ:SIRI). Moreover, Jfs Wealth has 0% invested in Sirius XM Holdings Inc. (NASDAQ:SIRI). Optimum Invest Advsr accumulated 128,803 shares. 10 invested 0.03% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Charles Schwab Mngmt reported 5.34 million shares. Arrowstreet Lp has invested 0.07% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Cls Investments owns 20,020 shares. Missouri-based Stifel Fincl has invested 0.01% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Massmutual Trust Fsb Adv invested in 0.01% or 31,000 shares. Commerzbank Aktiengesellschaft Fi reported 0.01% in Sirius XM Holdings Inc. (NASDAQ:SIRI). Gm Advisory Gp invested in 0.05% or 30,503 shares.

Sirius XM Holdings (NASDAQ:SIRI) Receives a Downgrade

In an analyst note revealed to investors and clients this morning, BidaskScore downgraded their rating on shares of Sirius XM Holdings (NASDAQ:SIRI) to a Buy.

The stock increased 0.96% or $0.06 during the last trading session, reaching $6.31. About 14.01M shares traded. Sirius XM Holdings Inc. (NASDAQ:SIRI) has declined 10.44% since October 13, 2018 and is downtrending. It has underperformed by 10.44% the S&P500.

Analysts await Sirius XM Holdings Inc. (NASDAQ:SIRI) to report earnings on October, 23. They expect $0.06 earnings per share, down 14.29 % or $0.01 from last year’s $0.07 per share. SIRI’s profit will be $266.99M for 26.29 P/E if the $0.06 EPS becomes a reality. After $0.06 actual earnings per share reported by Sirius XM Holdings Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company has market cap of $28.08 billion. The firm broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and limited run channels. It has a 28.55 P/E ratio. It also streams music and non-music channels over the Internet; and offer applications to allow clients to access its Internet radio service on smartphones, tablets, computers, home devices, and other consumer electronic equipment.

More notable recent Sirius XM Holdings Inc. (NASDAQ:SIRI) news were published by: Finance.Yahoo.com which released: “Here’s Why We Think Sirius XM Holdings (NASDAQ:SIRI) Is Well Worth Watching – Yahoo Finance” on August 17, 2019, also Nasdaq.com with their article: “Apple Faces Antitrust Risk Around Default Apps – Nasdaq” published on October 02, 2019, Seekingalpha.com published: “Benchmark likes Liberty Sirius as Sirius XM play – Seeking Alpha” on October 09, 2019. More interesting news about Sirius XM Holdings Inc. (NASDAQ:SIRI) were released by: Finance.Yahoo.com and their article: “Is Sirius XM Holdings Inc. (NASDAQ:SIRI) A Smart Choice For Dividend Investors? – Yahoo Finance” published on June 05, 2019 as well as Benzinga.com‘s news article titled: “Wells Fargo Starts Coverage Of Music & Radio Stocks, Names iHeartMedia Top Pick – Benzinga” with publication date: September 24, 2019.

Sirius XM Holdings Inc. (NASDAQ:SIRI) Ratings Chart

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