Earnings Calendar (28Oct24) - should we add Sirius like Buffett?
Earnings Calendar (28Oct24)
r/EarningsWhisper - The Most Anticipated Earnings Releases for the Week of October 28, 2024
There are a few earnings of interest in the coming week namely, Alphabet, Microsoft, Meta, Apple, Amazon, ExxonMobil, AMD, Intel and SiriusXM.
This is one stock that intrigues me after Buffett’s Berkshire kept adding ownership. Let us look at Sirius XM Holdings for this week.
Article dated 23 Oct 2024
Who is Sirius? The below is taken from QuickFS:
Let us look at Sirius’ recent performances
Observations:
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Revenue grew from $4.1 billion in 2014 to $8.9 billion in 2023.
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The operating profit grew from $1.1 billion in 2014 to $2 billion in 2023.
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The earnings per share (EPS) grew from $0.08 in 2014 to $0.32 in 2023.
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Revenue grew 217% whereas EPS grew about 400%. Thus, there is improving profitability and good cost management.
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The 10-year median margins for gross profit and free cash flow (FCF) stands at 50.4% and 22.7%.
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The P/E ratio of the company is 7.0 – making this an attractive valuation.
Both Technical Analysis and Analysts Sentiment ratings are “Neutral”. The price target of Analysts is $29.93 and the upside is about 13.38%.
The stock price fell 37.59% over the last 1 year.
For the coming earnings, the forecast for EPS and revenue are 0.0776 and $2.19B respectively.
This is a stock to watch and deserves some deep-diving.
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