Yes their guidance is always made to be beat. But taking churn into consideration on such a large subscriber base leads me to believe that they can only grow subs on a lower percentage basis going forward. Results will continue to be over $1 Billion in EBITA and Cash Flow while the share count declines. If this is the case, Siri continues to be a sound investment with limited downside risk, but nothing that will explode to the upside.
Thoughts?
http://www.theflyonthewall.com/perma...hp?symbol=SIRI
Sirius XM well positioned to beat Q4 estimates, says Piper Jaffray
Piper Jaffray believes Sirius XM is well positioned to beat Q4 estimates after the company announced 2014 net subscriber growth of 1.75M, exceeding its prior guidance of 1.5M by 17%. Piper says Sirius XM's fundamentals are improving and reiterates an Overweight rating on the name with a $5 price target.
Pretty big volume. I am a bit surprised it has accelerated and not tapered off by now.
EDIT: And with this post it fell off a cliff....Frear is the next catalyst I guess
Last edited by denco1; 01-07-2015 at 11:40 AM.
Agree.
Originally Posted by siriustimes
Net adds is what caught my eye too. Think we get slammed for only 1.2 guidance
*** Hot Off the Presses from Morgan Stanley ***
Sirius XM Radio Inc.: SIRI Sub Growth Beats in 4Q, '15 Guidance Broadly In-Line, Constructive for OW LMCK
Edit: This is a link to a full report from Morgan Stanley. Good read...
Last edited by midas360; 01-07-2015 at 12:58 PM.
pretty vanilla performance thus far Frear. Meyer would have been a better choice.
maybe Louie will do better but I wouldn't bet my pb&j sammich on it.
3:30est http://ir.libertymedia.com/events.cfm
Last edited by Wolf Child; 01-07-2015 at 12:20 PM.
5$ price target.....Love it!! lol. Hear that DONKEY...YEEHAW!!!
I suspected when they did not send Meyer...it was going to be blah blah
I did not listen to it tho.
Last edited by dm_4; 01-07-2015 at 12:37 PM.
Yep its real heavy volume....nice to see!!! Nice buy the last few days wolf....you hold them or already sell em?
Bought and sold multiple times over. I dream of the day that I can hold a SIRI position with confidence for the long haul but fear it will never happen. So in the mean time I play the Devil I know like Charlie Daniels plays a fiddle.
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