Sirius XM Holdings (SIRI) closed at $28.99, down 2.62 percent, while the S&P 500 fell 0.38 percent and the Nasdaq declined 0.29 percent.

Over one month, SIRI shares lost 0.37 percent as the Consumer Discretionary sector gained 1.41 percent and the S&P 500 rose 2.08 percent.

Analysts project fourth-quarter EPS of $0.77, an 8.33 percent decline year-over-year. Full-year earnings are forecast at $3.02 per share, down 5.33 percent from the prior year. Revenue estimates stand at $2.16 billion for the quarter (up 0.06 percent) and $8.6 billion annually (up 0.47 percent).

The Zacks Consensus EPS estimate edged 0.31 percent higher over the past month, signaling modest analyst optimism about near-term trends.

SIRI trades at a Forward P/E of 9.86, below the Broadcast Radio and Television industry average of 11.4. The stock's PEG ratio of 0.65 is also lower than the industry average of 1. The company carries a Zacks Rank of #3 (Hold). The Broadcast Radio and Television industry ranks #90 out of more than 250 industries, placing it in the top 37 percent.