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After finishing at $14.06 in the prior trading day, Sun Country Airlines Holdings Inc (NASDAQ: SNCY) closed at $12.32, down -12.38%. In other words, the price has decreased by -$12.38 from its previous closing price. On the day, 1.06 million shares were traded. SNCY stock price reached its highest trading level at $13.77 during the session, while it also had its lowest trading level at $12.1.
Ratios:
Our goal is to gain a better understanding of SNCY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.12.
On January 10, 2024, Susquehanna Downgraded its rating to Neutral which previously was Positive and also lowered its target price recommendation 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 Apr 03 ’24 when Neale Erin Rose sold 1,760 shares for $14.41 per share. The transaction valued at 25,362 led to the insider holds 35,232 shares of the business.
Bricker Jude sold 2,145 shares of SNCY for $30,783 on Apr 02 ’24. The Chief Executive Officer now owns 124,991 shares after completing the transaction at $14.35 per share. On Apr 02 ’24, another insider, DAVIS DAVID M, who serves as the President & CFO of the company, sold 958 shares for $14.38 each. As a result, the insider received 13,775 and left with 44,480 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 648762560 and an Enterprise Value of 1259642496. As of this moment, Sun’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.11, and their Forward P/E ratio for the next fiscal year is 6.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 1.2 whereas that against EBITDA is 5.841.
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 $11.96. The 50-Day Moving Average of the stock is -14.40%, while the 200-Day Moving Average is calculated to be -17.76%.
Shares Statistics:
The stock has traded on average 627.78K shares per day over the past 3-months and 379350 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 41.17M. Insiders hold about 21.83% of the company’s shares, while institutions hold 81.38% stake in the company. Shares short for SNCY as of 1713139200 were 2277685 with a Short Ratio of 3.63, compared to 1710460800 on 2803039. Therefore, it implies a Short% of Shares Outstanding of 2277685 and a Short% of Float of 6.890000000000001.
