Is There A Value in Sirius XM Holdings Inc. (NASDAQ:SIRI) And Macy’s Inc. (NYSE:M)

The shares of Sirius XM Holdings Inc. (NASDAQ:SIRI) has been pegged with a rating of Neutral by Credit Suisse in its latest research note that was published on February 07, 2020. 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. The stock had earned Outperform rating from FBN Securities Markets when it published its report on December 17, 2019. That day the FBN Securities set price target on the stock to $8.50. Wells Fargo was of a view that SIRI is Outperform in its latest report on September 24, 2019. Credit Suisse thinks that SIRI is worth Outperform rating. This was contained in the firm’s report on June 10, 2019 in which the stock’s price target was also moved to 7.

Amongst the analysts that rated the stock, 2 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $7.60. The price of the stock the last time has raised by 37.86% from its 52-Week high price while it is -1.23% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 56.76.

The shares of the company added by 0.70% during the trading session on Wednesday, reaching a low of $7.17 while ending the day at $7.21. During the trading session, a total of 14.35 million shares were traded which represents a 23.65% incline from the average session volume which is 18.79 million shares. SIRI had ended its last session trading at $7.16. Sirius XM Holdings Inc. currently has a market cap of $32.18 billion, while its P/E ratio stands at 36.41, while its P/E earnings growth sits at 2.96, with a beta of 1.00. SIRI 52-week low price stands at $5.23 while its 52-week high price is $7.30.

The company in its last quarterly report recorded $0.05 earnings per share which is below the predicted by most analysts. The Sirius XM Holdings Inc. generated 106.0 million in revenue during the last quarter. 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 40.0%. Sirius XM Holdings Inc. has the potential to record 0.25 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Telsey Advisory Group published a research note on February 06, 2020 where it informed investors and clients that Macy’s Inc. (NYSE:M) is now rated as Market Perform. Their price target on the stock stands at $18. Atlantic Equities also rated M as Upgrade on January 09, 2020, with its price target of $18 suggesting that M could down by -5.0% from its current share price. Even though the stock has been trading at $16.36/share, analysts expect it to surge by 3.91% to reach $16.19/share. It started the day trading at $17.09 and traded between $16.43 and $17.00 throughout the trading session.

A look at its technical shows that M’s 50-day SMA is 16.53 while its 200-day SMA stands at 18.09. The stock has a high of $26.33 for the year while the low is $14.11. The stock, however, witnessed a rise in its short on 01/31/20. Compared to previous close which recorded 88.89 M shorted shares, the short percentage went lower by -5.54%, as 83.97M SIRI shares were shorted. At the moment, only 28.82% of Macy’s Inc. shares were sold short. The company’s P/E ratio currently sits at 5.60, while the P/B ratio is 0.87. The company’s average trading volume currently stands at 17.11M shares, which means that the short-interest ratio is just 5.20 days. Over the past seven days, the company moved, with its shift of -2.58%. Looking further, the stock has raised 5.92% over the past 90 days while it lost -12.19% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The The Vanguard Group, Inc. sold more M shares, decreasing its portfolio by -0.87% during the last quarter. This move now sees The The Vanguard Group, Inc. selling -301,271 shares in the last quarter, thus it now holds 34,143,761 shares of M, with a total valuation of $544,592,988. Yacktman Asset Management LP meanwhile bought more M shares in the recently filed quarter, changing its stake to $389,913,525 worth of shares.

Similarly, BlackRock Fund Advisors increased its Macy’s Inc. shares by 2.71% during the recently filed quarter. After buying 24,010,004 shares in the last quarter, the firm now controls 634,121 shares of Macy’s Inc. which are valued at $382,959,564. In the same vein, SunAmerica Asset Management LLC increased its Macy’s Inc. shares by during the most recent reported quarter. The firm bought 8,193,401 shares during the quarter which increased its stakes to 18,897,586 shares and is now valued at $301,416,497. Following these latest developments, around 0.16% of Macy’s Inc. stocks are owned by institutional investors and hedge funds.