Sirius XM Holdings Incorporated is one of the fastest-growing companies on the market today. Buying a share in Sirius’s stock is a great and safe way to invest your money. Sirius XM’s competitors don’t have nearly good statistics or for that matter, a good product.
Sirius XM is categorized as a consumer service business sector and it is in the broadcasting industry. Sirius XM Holdings Inc. was founded in 1990 and is headquartered in New York, New York. They have over 175 channels including 72 commercial-free music, 15 news and issue, over 11 sports talk and play by play stations, and many, many more. There are many package options with different prices. The most popular are XM Select which is 14.99 a month which includes over 140 channels …show more content…
Pandora and Entercom Communications Corporation, and they don’t even compare to Sirius XM. Sirius XM is one of the world’s largest subscription media businesses, with over 28 million members. Comparing this to its top competitor, Pandora only has 2.3 million members. The cost for SIRI is 3.90. So if I take $200 and invest it into this company I can get 51 shares, compared to P($20.98) and ETM($10.92) where I can only invest my money into 9 shares for Pandora and 18 for ETM. Now, you might think that investing into the more expensive ones would get you more profit for yourself but it doesn’t. Let me show you. For SIRI I took 51 shares and multiplied it by the earnings per share for the current quarter, which in .03 and my total was 1.53. Then I did this for the other two business stocks and P was .9 and EMT was 3.42. So this is the profit you make for each quarter of the share. Although EMT shares make a bigger profit, its statistics prove that it is not worth taking the risk in investing in this company. The year-to-date has decreased by 10.20%. Sirius XM’s year to date has increased by 11.14%. Pandora’s revenue and profit from last year are a lot lower than Sirius XM’s. Pandora’s revenue was $920.8 million, which might sound good but compared to Sirius XM’s revenue, $4.2 billion, it doesn’t even begin to compare. The profit for the two companies isn’t even close. Pandora lost over 30 million dollars and Sirius XM made over 490 million
Sirius XM is categorized as a consumer service business sector and it is in the broadcasting industry. Sirius XM Holdings Inc. was founded in 1990 and is headquartered in New York, New York. They have over 175 channels including 72 commercial-free music, 15 news and issue, over 11 sports talk and play by play stations, and many, many more. There are many package options with different prices. The most popular are XM Select which is 14.99 a month which includes over 140 channels …show more content…
Pandora and Entercom Communications Corporation, and they don’t even compare to Sirius XM. Sirius XM is one of the world’s largest subscription media businesses, with over 28 million members. Comparing this to its top competitor, Pandora only has 2.3 million members. The cost for SIRI is 3.90. So if I take $200 and invest it into this company I can get 51 shares, compared to P($20.98) and ETM($10.92) where I can only invest my money into 9 shares for Pandora and 18 for ETM. Now, you might think that investing into the more expensive ones would get you more profit for yourself but it doesn’t. Let me show you. For SIRI I took 51 shares and multiplied it by the earnings per share for the current quarter, which in .03 and my total was 1.53. Then I did this for the other two business stocks and P was .9 and EMT was 3.42. So this is the profit you make for each quarter of the share. Although EMT shares make a bigger profit, its statistics prove that it is not worth taking the risk in investing in this company. The year-to-date has decreased by 10.20%. Sirius XM’s year to date has increased by 11.14%. Pandora’s revenue and profit from last year are a lot lower than Sirius XM’s. Pandora’s revenue was $920.8 million, which might sound good but compared to Sirius XM’s revenue, $4.2 billion, it doesn’t even begin to compare. The profit for the two companies isn’t even close. Pandora lost over 30 million dollars and Sirius XM made over 490 million