Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Given Average Recommendation of "Moderate Buy" by Analysts

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $19.29.

A number of research analysts recently weighed in on the company. Susquehanna upped their price objective on Sun Country Airlines from $14.00 to $16.00 and gave the stock a "neutral" rating in a report on Tuesday, January 7th. JPMorgan Chase & Co. initiated coverage on shares of Sun Country Airlines in a research note on Wednesday, January 22nd. They issued an "overweight" rating and a $23.00 price objective for the company.

Insider Buying and Selling

In related news, CFO David M. Davis sold 59,389 shares of the company's stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $17.05, for a total value of $1,012,582.45. Following the sale, the chief financial officer now owns 32,260 shares of the company's stock, valued at approximately $550,033. This represents a 64.80 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Grant Whitney sold 2,127 shares of the stock in a transaction on Friday, January 10th. The shares were sold at an average price of $15.98, for a total value of $33,989.46. Following the sale, the senior vice president now owns 20,367 shares in the company, valued at approximately $325,464.66. This trade represents a 9.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 200,541 shares of company stock worth $3,380,795 in the last three months. Corporate insiders own 4.60% of the company's stock.

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Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Sun Country Airlines by 3.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,473 shares of the company's stock worth $328,000 after purchasing an additional 796 shares during the last quarter. New York State Teachers Retirement System boosted its position in Sun Country Airlines by 11.9% during the fourth quarter. New York State Teachers Retirement System now owns 14,168 shares of the company's stock worth $207,000 after acquiring an additional 1,505 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Sun Country Airlines by 0.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 356,033 shares of the company's stock worth $5,191,000 after acquiring an additional 1,932 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Sun Country Airlines by 13.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 23,944 shares of the company's stock valued at $350,000 after acquiring an additional 2,792 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd lifted its stake in shares of Sun Country Airlines by 9.2% during the 4th quarter. Dynamic Technology Lab Private Ltd now owns 48,735 shares of the company's stock worth $711,000 after purchasing an additional 4,089 shares during the period.

Sun Country Airlines Stock Performance

Shares of SNCY stock traded down $0.10 during mid-day trading on Thursday, hitting $12.81. The stock had a trading volume of 2,273,754 shares, compared to its average volume of 700,522. The firm has a market cap of $680.95 million, a PE ratio of 13.48, a PEG ratio of 0.42 and a beta of 1.46. The company's 50-day simple moving average is $15.82 and its 200-day simple moving average is $14.15. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.63 and a quick ratio of 0.61. Sun Country Airlines has a fifty-two week low of $9.22 and a fifty-two week high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.06. Sun Country Airlines had a net margin of 4.92% and a return on equity of 10.23%. The firm had revenue of $260.40 million during the quarter, compared to the consensus estimate of $258.04 million. During the same quarter last year, the firm earned $0.12 earnings per share. The firm's revenue was up 6.1% compared to the same quarter last year. Sell-side analysts anticipate that Sun Country Airlines will post 1.92 earnings per share for the current year.

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.