After finishing at $13.63 in the prior trading day, Sun Country Airlines Holdings Inc (NASDAQ: SNCY) closed at $13.68, up 0.37%. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 1422347 shares were traded.
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 Feb 28 ’24 when DAVIS DAVID M sold 1,923 shares for $16.25 per share. The transaction valued at 31,248 led to the insider holds 45,438 shares of the business.
SCA Horus Holdings, LLC sold 231,392 shares of SNCY for $3,702,272 on Jan 11 ’24. The 10% Owner now owns 11,161,105 shares after completing the transaction at $16.00 per share. On Jan 04 ’24, another insider, Neale Erin Rose, who serves as the SVP, GC, and Secretary of the company, sold 1,582 shares for $14.29 each. As a result, the insider received 22,607 and left with 17,074 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 728.75M and an Enterprise Value of 1.24B. As of this moment, Sun’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.22, and their Forward P/E ratio for the next fiscal year is 6.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 1.18 whereas that against EBITDA is 5.48.
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 14.34, while the 200-Day Moving Average is calculated to be 16.05.
Shares Statistics:
The stock has traded on average 608.30K shares per day over the past 3-months and 1M 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 41.48M. Insiders hold about 22.17% of the company’s shares, while institutions hold 84.73% stake in the company. Shares short for SNCY as of Feb 29, 2024 were 2.24M with a Short Ratio of 3.68, compared to 2.24M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.20% and a Short% of Float of 6.51%.
Earnings Estimates
Its stock is currently analyzed by 8 different market analysts. On average, analysts expect EPS of $0.7 for the current quarter, with a high estimate of $0.77 and a low estimate of $0.65, while EPS last year was $0.68. The consensus estimate for the next quarter is $0.41, with high estimates of $0.5 and low estimates of $0.33.
Analysts are recommending an EPS of between $1.95 and $1.5 for the fiscal current year, implying an average EPS of $1.63. EPS for the following year is $2.08, with 8 analysts recommending between $2.54 and $1.6.
Revenue Estimates
5 analysts predict $315.93M in revenue for the current quarter. It ranges from a high estimate of $322.1M to a low estimate of $309.6M. As of the current estimate, Sun Country Airlines Holdings Inc’s year-ago sales were $283.44M, an estimated increase of 11.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $287.07M, an increase of 10.90% less than the figure of $11.50% in the same quarter last year. There is a high estimate of $290.92M for the next quarter, whereas the lowest estimate is $283.3M.
A total of 7 analysts have provided revenue estimates for SNCY’s current fiscal year. The highest revenue estimate was $1.16B, while the lowest revenue estimate was $1.13B, resulting in an average revenue estimate of $1.15B. In the same quarter a year ago, actual revenue was $1.05B, up 9.60% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $1.25B in the next fiscal year. The high estimate is $1.29B and the low estimate is $1.21B. The average revenue growth estimate for next year is up 9.00% from the average revenue estimate for this year.
