|Day's range||5.39 - 5.49|
|52-week range||4.05 - 5.53|
|PE ratio (TTM)||33.69|
|Earnings date||27 Jul 2017|
|Dividend & yield||0.04 (0.74%)|
|1y target est||5.24|
Sirius XM's (SIRI) high debt levels might hurt results in the second quarter. However, the company's healthy net subscriber growth and expansion efforts are likely to aid results.
Since my previous column on Pandora Media Inc (NYSE:P), the market seems to have become much more optimistic about Pandora stock. On July 24, CNBC reported that activist investor Jana Partners had purchased an undisclosed stake in Pandora stock. According to CNBC, which cited an unnamed source, Jana believed that P stock was undervalued and felt that the company’s ad revenue could increase.
The activist investor picked up stakes in several companies in recent months, according to parts of an investor letter obtained by CNBC.