In the latest close session, Sirius XM (SIRI) was up +2.15% at $24.73. This change outpaced the S&P 500's 0.26% gain on the day. Elsewhere, the Dow saw an upswing of 0.24%, while the tech-heavy Nasdaq appreciated by 0.36%.
Coming into today, shares of the satellite radio company had gained 7.7% in the past month. In that same time, the Consumer Discretionary sector gained 4.83%, while the S&P 500 gained 5.98%.
The upcoming earnings release of Sirius XM will be of great interest to investors. The company's earnings report is expected on April 30, 2026. The company is expected to report EPS of $0.7, up 18.64% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.07 billion, up 0.25% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $3.09 per share and a revenue of $8.54 billion, demonstrating changes of -3.13% and -0.24%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Sirius XM. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been a 0.05% rise in the Zacks Consensus EPS estimate. Currently, Sirius XM is carrying a Zacks Rank of #2 (Buy).
With respect to valuation, Sirius XM is currently being traded at a Forward P/E ratio of 7.83. This valuation marks a discount compared to its industry average Forward P/E of 19.55.
Meanwhile, SIRI's PEG ratio is currently 0.64. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Broadcast Radio and Television industry had an average PEG ratio of 4.29 as trading concluded yesterday.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. At present, this industry carries a Zacks Industry Rank of 148, placing it within the bottom 40% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Sirius XM Holdings Inc. (SIRI): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).