The shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) has been pegged with a rating of Outperform by Credit Suisse in its latest research note that was published on June 10th, 2019. The research company has also assigned a $7 price target. Credit Suisse wasn’t the only research firm that published a report of Sirius XM Holdings Inc., with other equities research analysts also giving their opinion on the stock. Pivotal Research Group advised investors in its research note published on April 25th, 2019, to Buy the SIRI stock while also putting a $7 price target. The stock had earned Equal-Weight rating from Morgan Stanley when it published its report on March 15th, 2019. That day the Morgan Stanley set price target on the stock to $6.50. The stock was given Buy rating by Buckingham Research in its report released on January 28th, 2019. JP Morgan was of a view that SIRI is Overweight in its latest report on January 2nd, 2019 while giving it a price target of $7. Credit Suisse thinks that SIRI is worth Neutral rating. This was contained in the firm’s report on September 25th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $6.92. The price of the stock the last time has raised by 18.16% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 57.19.
The shares of the company added by 1.64% during the trading session on Monday, reaching a low of $6.12 while ending the day at $6.18. During the trading session, a total of 19.54 million shares were traded which represents a 15.43% incline from the average session volume which is 23.11M shares. SIRI had ended its last session trading at 6.08. Sirius XM Holdings Inc. currently has a market cap of $27.00B, while its P/E ratio stands at 27.84, while its P/E earnings growth sits at 4.04, with a beta of 1.02. SIRI 52-week low price stands at $5.23 while its 52-week high price is $7.25.
The company in its last quarterly report recorded $0.06 earnings per share which is above the $0.05 predicted by most analysts. The Sirius XM Holdings Inc. generated $1,977.00 million in revenue during the last quarter, which is slightly higher than the $1,933.29 million predicted by analysts. In the second quarter last year, the firm recorded $0.05 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 16.67%. Sirius XM Holdings Inc. has the potential to record 0.22 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Barclays published a research note on August 8th, 2019 where it informed investors and clients that Hewlett Packard Enterprise Company (NYSE:HPE) is now rated as Equal Weight. Their price target on the stock stands at $14. Pivotal Research Group also rated HPE as Upgrade on April 25th, 2019, with its price target of $1 suggesting that HPE could surge by 23.11% from its current share price. Even though the stock has been trading at $12.80/share, analysts expect it to surge higher by 2.42% to reach $17.05/share. It started the day trading at $13.22 and traded between $12.99 and $13.11 throughout the trading session.
A look at its technical shows that HPE’s 50-day SMA is 14.32 while its 200-day SMA stands at 14.97. The stock has a high of $17.59 for the year while the low is $12.09. The company’s P/E ratio currently sits at 13.02, while the P/B ratio is 0.98. At the moment, only of Hewlett Packard Enterprise Company shares were sold short. The company’s average trading volume currently stands at 9.78M shares, which means that the short-interest ratio is just 4.95 days. Over the past seven days, the company moved, with its shift of 0.23%. Looking further, the stock has dropped -11.12% over the past 90 days while it lost -18.52% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Dodge Cox sold more HPE shares, decreasing its portfolio by -15.06% during the last quarter. This move now sees Dodge Cox selling -23,627,029 shares in the last quarter, thus it now holds 133,309,874 shares of HPE, with a total valuation of $1,915,662,889. The Vanguard Group Inc meanwhile bought more HPE shares in the recently filed quarter, changing its stake to $1,580,755,051 worth of shares. PRIMECAP Management Co followed the path by decreasing its HPE portfolio by -3.10% in the quarter. This means that PRIMECAP Management Co sold -2,847,787 shares in the last quarter and now controls 89,075,431 shares of the HPE stock, with the valuation hitting $1,280,013,943.
Similarly, SSgA Funds Management Inc increased its Hewlett Packard Enterprise Company shares by +0.45% during the recently filed quarter. After buying 303,762 shares in the last quarter, the firm now controls 68,171,392 shares of Hewlett Packard Enterprise Company which are valued at $979,622,903. In the same vein, Hotchkis Wiley Capital Manageme increased its Hewlett Packard Enterprise Company shares by during the most recent reported quarter. The firm bought 980,420 shares during the quarter which increased its stakes to 46,972,083 shares and is now valued at $674,988,833. Following these latest developments, around 0.10% of Hewlett Packard Enterprise Company stocks are owned by institutional investors and hedge funds.