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The closing price of Sun Country Airlines Holdings Inc (NASDAQ: SNCY) was $11.04 for the day, down -2.99% from the previous closing price of $11.38. In other words, the price has decreased by -$2.99 from its previous closing price. On the day, 0.53 million shares were traded. SNCY stock price reached its highest trading level at $11.4 during the session, while it also had its lowest trading level at $11.03.
Ratios:
Our analysis of SNCY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.95. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.58. In the meantime, Its Debt-to-Equity ratio is 1.24 whereas as Long-Term Debt/Eq ratio is at 1.04.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 12 ’24 when Neale Erin Rose sold 1,775 shares for $11.17 per share. The transaction valued at 19,827 led to the insider holds 32,687 shares of the business.
Neale Erin Rose bought 1,775 shares of SNCY for $19,827 on Sep 12 ’24. On Sep 06 ’24, another insider, Gyurci John, who serves as the Chief Acct. Off. & VP, Finance of the company, sold 3,000 shares for $11.30 each. As a result, the insider received 33,900 and left with 14,407 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 582990400 and an Enterprise Value of 1128424192. As of this moment, Sun’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.26, and their Forward P/E ratio for the next fiscal year is 6.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 1.064 whereas that against EBITDA is 5.715.
Stock Price History:
Over the past 52 weeks, SNCY has reached a high of $17.56, while it has fallen to a 52-week low of $9.22. The 50-Day Moving Average of the stock is -0.67%, while the 200-Day Moving Average is calculated to be -15.18%.
Shares Statistics:
SNCY traded an average of 622.43K shares per day over the past three months and 669660 shares per day over the past ten days. A total of 53.29M shares are outstanding, with a floating share count of 40.85M. Insiders hold about 22.64% of the company’s shares, while institutions hold 81.64% stake in the company. Shares short for SNCY as of 1724976000 were 5026584 with a Short Ratio of 8.08, compared to 1722384000 on 3593293. Therefore, it implies a Short% of Shares Outstanding of 5026584 and a Short% of Float of 15.14.
