Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) SVP Erin Rose Neale sold 1,738 shares of the firm's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $14.88, for a total transaction of $25,861.44. Following the sale, the senior vice president now owns 30,142 shares of the company's stock, valued at $448,512.96. This trade represents a 5.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Sun Country Airlines Stock Down 3.8 %
Shares of NASDAQ SNCY traded down $0.57 on Wednesday, reaching $14.33. 696,598 shares of the company's stock traded hands, compared to its average volume of 673,944. The business's 50 day simple moving average is $13.75 and its two-hundred day simple moving average is $12.08. Sun Country Airlines Holdings, Inc. has a 12 month low of $9.22 and a 12 month high of $16.42. The company has a market cap of $758.63 million, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 0.71 and a beta of 1.46. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96.
Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 earnings per share for the quarter, meeting analysts' consensus estimates of $0.06. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The company had revenue of $249.50 million during the quarter, compared to analyst estimates of $250.30 million. During the same quarter last year, the company earned $0.14 EPS. The firm's revenue for the quarter was up .2% on a year-over-year basis. As a group, equities research analysts forecast that Sun Country Airlines Holdings, Inc. will post 0.92 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the stock. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $17.00 price target on shares of Sun Country Airlines in a report on Friday, November 15th. Susquehanna boosted their target price on Sun Country Airlines from $11.00 to $14.00 and gave the company a "neutral" rating in a research note on Monday, November 4th. Barclays increased their price target on Sun Country Airlines from $20.00 to $24.00 and gave the stock an "overweight" rating in a research note on Thursday, November 14th. Finally, Wolfe Research upgraded Sun Country Airlines from a "peer perform" rating to an "outperform" rating and set a $14.00 price objective on the stock in a research note on Tuesday, October 8th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Sun Country Airlines presently has an average rating of "Moderate Buy" and a consensus price target of $18.33.
View Our Latest Research Report on Sun Country Airlines
Institutional Trading of Sun Country Airlines
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Dana Investment Advisors Inc. raised its holdings in Sun Country Airlines by 114.5% in the 2nd quarter. Dana Investment Advisors Inc. now owns 808,283 shares of the company's stock worth $10,152,000 after acquiring an additional 431,515 shares during the last quarter. LSV Asset Management lifted its holdings in shares of Sun Country Airlines by 159.9% during 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 in the last quarter. AQR Capital Management LLC boosted its position in shares of Sun Country Airlines by 213.2% during the second quarter. AQR Capital Management LLC now owns 516,269 shares of the company's stock valued at $6,484,000 after buying an additional 351,421 shares during the last quarter. U S Global Investors Inc. increased its holdings in Sun Country Airlines by 14.2% in the 3rd quarter. U S Global Investors Inc. now owns 2,705,789 shares of the company's stock worth $30,332,000 after buying an additional 336,086 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new position in Sun Country Airlines during the 3rd quarter valued at about $2,980,000.
About Sun Country Airlines
(
Get Free Report)
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.
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