Sun Country Airlines (NASDAQ:SNCY) Stock Price Expected to Rise, Susquehanna Analyst Says

Sun Country Airlines (NASDAQ:SNCY) had its price objective hoisted by Susquehanna from $11.00 to $14.00 in a research report report published on Monday morning,Benzinga reports. They currently have a neutral rating on the stock.

Separately, Wolfe Research raised Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 price objective for the company in a report on Tuesday, October 8th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $17.80.

Sun Country Airlines Stock Down 1.3 %

SNCY stock opened at $15.36 on Monday. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $813.16 million, a PE ratio of 18.96, a PEG ratio of 0.66 and a beta of 1.48. Sun Country Airlines has a twelve month low of $9.22 and a twelve month high of $17.56. The stock has a 50-day simple moving average of $11.60 and a two-hundred day simple moving average of $11.52.

Sun Country Airlines (NASDAQ:SNCY) last posted its earnings results on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.06. The business had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The company’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. On average, equities analysts predict that Sun Country Airlines will post 0.98 EPS for the current fiscal year.

Insider Transactions at Sun Country Airlines

In other news, CEO Jude Bricker sold 37,817 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $15.29, for a total transaction of $578,221.93. Following the completion of the transaction, the chief executive officer now owns 82,895 shares of the company’s stock, valued at approximately $1,267,464.55. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Sun Country Airlines news, VP John Gyurci sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $11.30, for a total value of $33,900.00. Following the completion of the sale, the vice president now owns 14,407 shares of the company’s stock, valued at $162,799.10. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jude Bricker sold 37,817 shares of the company’s stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $15.29, for a total value of $578,221.93. Following the completion of the sale, the chief executive officer now directly owns 82,895 shares of the company’s stock, valued at approximately $1,267,464.55. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 47,720 shares of company stock valued at $694,763. 4.60% of the stock is owned by corporate insiders.

Institutional Trading of Sun Country Airlines

Several hedge funds and other institutional investors have recently bought and sold shares of SNCY. Dana Investment Advisors Inc. lifted its position in Sun Country Airlines by 114.5% in the second quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company’s stock valued at $10,152,000 after purchasing an additional 431,515 shares during the last quarter. LSV Asset Management lifted its position in Sun Country Airlines by 159.9% in the second quarter. LSV Asset Management now owns 656,088 shares of the company’s stock valued at $8,240,000 after purchasing an additional 403,630 shares during the last quarter. AQR Capital Management LLC lifted its position in Sun Country Airlines by 213.2% in the second quarter. AQR Capital Management LLC now owns 516,269 shares of the company’s stock valued at $6,484,000 after purchasing an additional 351,421 shares during the last quarter. U S Global Investors Inc. lifted its position in Sun Country Airlines by 14.2% in the third quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company’s stock valued at $30,332,000 after purchasing an additional 336,086 shares during the last quarter. Finally, American Century Companies Inc. lifted its position in Sun Country Airlines by 40.0% in the second quarter. American Century Companies Inc. now owns 901,335 shares of the company’s stock valued at $11,321,000 after purchasing an additional 257,418 shares during the last quarter.

Sun Country Airlines Company Profile

Sun Country Airlines Holdings, Inc, an air carrier company, operates scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. It operates through two segments, Passenger and Cargo. The company also provides crew, maintenance, and insurance services through ad hoc, repeat, short-term, and long-term service contracts; and loyalty program rewards.