Closing Strong: Sun Country Airlines Holdings Inc (SNCY) Ends at 9.86, Down -5.19 from Last Close

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After finishing at $10.40 in the prior trading day, Sun Country Airlines Holdings Inc (NASDAQ: SNCY) closed at $9.86, down -5.19%. In other words, the price has decreased by -$5.19 from its previous closing price. On the day, 1.65 million shares were traded. SNCY stock price reached its highest trading level at $10.325 during the session, while it also had its lowest trading level at $9.73.

Ratios:

Our goal is to gain a better understanding of SNCY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 0.61. In the meantime, Its Debt-to-Equity ratio is 1.33 whereas as Long-Term Debt/Eq ratio is at 1.11.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on May 08, 2024, Reiterated its Buy rating but revised its target price to $17 from $22 previously.

On February 26, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight but kept the price unchanged to $21.

Susquehanna Downgraded its Positive to Neutral on January 10, 2024, whereas the target price for the stock was revised from $17 to $15.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 05 ’24 when Whitney Grant sold 5,888 shares for $10.68 per share. The transaction valued at 62,856 led to the insider holds 26,355 shares of the business.

Neale Erin Rose sold 1,760 shares of SNCY for $25,362 on Apr 03 ’24. The SVP, GC, and Secretary now owns 35,232 shares after completing the transaction at $14.41 per share. On Apr 02 ’24, another insider, Bricker Jude, who serves as the Chief Executive Officer of the company, sold 2,145 shares for $14.35 each. As a result, the insider received 30,783 and left with 124,991 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNCY now has a Market Capitalization of 519220672 and an Enterprise Value of 1077579648. As of this moment, Sun’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.13, and their Forward P/E ratio for the next fiscal year is 5.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 1.01 whereas that against EBITDA is 4.912.

Stock Price History:

Over the past 52 weeks, SNCY has reached a high of $23.80, while it has fallen to a 52-week low of $9.22. The 50-Day Moving Average of the stock is -20.15%, while the 200-Day Moving Average is calculated to be -29.75%.

Shares Statistics:

The stock has traded on average 597.17K shares per day over the past 3-months and 720000 shares per day over the last 10 days, according to various share statistics. A total of 53.29M shares are outstanding, with a floating share count of 39.11M. Insiders hold about 25.74% of the company’s shares, while institutions hold 78.99% stake in the company. Shares short for SNCY as of 1715731200 were 2000959 with a Short Ratio of 4.07, compared to 1713139200 on 2277685. Therefore, it implies a Short% of Shares Outstanding of 2000959 and a Short% of Float of 6.0500003.

Earnings Estimates

Investors are keenly observing as 7.0 analysts analyze and rate the current performance of Sun Country Airlines Holdings Inc (SNCY) in the stock market.On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.05, while EPS last year was $0.4. The consensus estimate for the next quarter is $0.19, with high estimates of $0.27 and low estimates of $0.05.

Analysts are recommending an EPS of between $1.23 and $0.87 for the fiscal current year, implying an average EPS of $1.15. EPS for the following year is $1.77, with 7.0 analysts recommending between $2.58 and $1.15.

Revenue Estimates

4 analysts predict $261.65M in revenue for the current quarter. It ranges from a high estimate of $264M to a low estimate of $260M. As of the current estimate, Sun Country Airlines Holdings Inc’s year-ago sales were $258.74MFor the next quarter, 4 analysts are estimating revenue of $266.57M. There is a high estimate of $276M for the next quarter, whereas the lowest estimate is $255M.

A total of 6 analysts have provided revenue estimates for SNCY’s current fiscal year. The highest revenue estimate was $1.12B, while the lowest revenue estimate was $1.09B, resulting in an average revenue estimate of $1.11B. In the same quarter a year ago, actual revenue was $1.05BBased on 6 analysts’ estimates, the company’s revenue will be $1.24B in the next fiscal year. The high estimate is $1.28B and the low estimate is $1.18B.

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