Services Sector Active Movers: Sirius XM Holdings (NASDAQ:SIRI), J.C. Penney Company (NYSE:JCP), American Airlines Group (NASDAQ:AAL), Best Buy Co (NYSE:BBY), DIRECTV (NASDAQ:DTV)

Sirius XM Holdings Inc. (NASDAQ:SIRI) Canada, parent of Sirius XM Canada Inc., announced the completion of its redemption of all of the Company’s $130.8 million outstanding 9.75% senior notes due 2018 (the “Existing Notes”) at a redemption price equal to approximately 107.9616% of the principal amount of the Existing Notes plus accrued and unpaid interest. Sirius XM Holdings Inc. (NASDAQ:SIRI) net profit margin is 12.00% and weekly performance is 5.06%. On last trading day company shares ended up $3.32. Analysts mean target price for the company is $4.25. Sirius XM Holdings Inc. (NASDAQ:SIRI) distance from 50-day simple moving average (SMA50) is 3.63%.

On May 26, Troubled retailer J.C. Penney Company, Inc. (NYSE:JCP) showed improvement when it reported its first-quarter results last week, and shares of the company rocketed higher on the news. Same-store sales rose, gross margin expanded, and operating expenses were kept in check. While other department stores like Kohl’s and Macy’sstruggled during the first quarter as rough weather ate into their sales, J.C. Penney’s results appeared very good, at least on the surface. However, the fundamental problems that the company is facing still exist, and the first-quarter results aren’t nearly as good as they seem. J.C. Penney Company, Inc. (NYSE:JCP) shares fell -1.78% in last trading session and ended the day on $8.85. Gross Margin is 30.00% and its return on assets is -11.90%. J.C. Penney Company, Inc. (NYSE:JCP) quarterly performance is 57.19%.

American Airlines Group Inc (Nasdaq:AAL) and D/FW Airport will celebrate the occasion with special events featuring music, cuisine and appearances by officials from Shanghai. The festivities will take place in Terminal D near the gates where the flights depart. American Airlines Group Inc (NASDAQ:AAL) shares moved up 0.61% in last trading session and was closed at $39.35, while trading in range of $39.23 – $39.93. American Airlines Group Inc (NASDAQ:AAL) year to date (YTD) performance is 55.84%.

Best Buy Co Inc (NYSE:BBY) has earned a consensus rating of “Buy” from the twenty-four brokerages that are currently covering the company, American Banking and Market News reports. Seven analysts have rated the stock with a hold recommendation and seventeen have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $41.53. Best Buy Co Inc (NYSE:BBY) ended the last trading day at $27.07. Company weekly volatility is calculated as 4.98% and price to cash ratio as 3.25. Best Buy Co Inc (NYSE:BBY) showed a positive weekly performance of 3.64%.

Friday saw a host of law firms release press notes to the effect that they are initiating class action to protect the interest of shareholders of DIRECTV (NASDAQ:DTV) in the impending purchase of the satellite TV operator by AT&T Inc at a proposed price of $100 per share of the TV company. DIRECTV (NASDAQ:DTV) net profit margin is 8.50% and weekly performance is -2.26%. On last trading day company shares ended up $82.74. Analysts mean target price for the company is $86.67. DIRECTV (NASDAQ:DTV) distance from 50-day simple moving average (SMA50) is 4.68%.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *