Sun Country Airlines (SNCY) to Release Earnings on Monday

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) is projected to announce its earnings results after the market closes on Monday, February 3rd. Analysts expect the company to announce earnings of $0.20 per share and revenue of $258,247.41 billion for the quarter. Sun Country Airlines has set its Q4 2024 guidance at EPS.Individual interested in listening to the company's earnings conference call can do so using this link.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, hitting analysts' consensus estimates of $0.06. The firm had revenue of $249.50 million for 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 revenue was up .2% on a year-over-year basis. During the same quarter last year, the company earned $0.14 EPS. On average, analysts expect Sun Country Airlines to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sun Country Airlines Price Performance

Shares of NASDAQ:SNCY traded up $0.20 during trading on Monday, reaching $16.96. 808,624 shares of the company traded hands, compared to its average volume of 692,295. The firm has a market capitalization of $897.86 million, a PE ratio of 20.94, a PEG ratio of 0.37 and a beta of 1.44. Sun Country Airlines has a 52 week low of $9.22 and a 52 week high of $17.51. 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 company's 50 day moving average is $15.03 and its two-hundred day moving average is $12.88.

Analyst Ratings Changes

A number of equities research analysts have issued reports on SNCY shares. Barclays increased their price objective on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an "overweight" rating in a research note on Thursday, November 14th. Susquehanna lifted their price objective on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a "neutral" rating in a research note on Tuesday, January 7th. Wolfe Research upgraded shares of Sun Country Airlines from a "peer perform" rating to an "outperform" rating and set a $14.00 price objective for the company in a research report on Tuesday, October 8th. JPMorgan Chase & Co. assumed coverage on Sun Country Airlines in a report on Wednesday, January 22nd. They issued an "overweight" rating and a $23.00 target price on the stock. Finally, The Goldman Sachs Group reissued a "neutral" rating and set a $17.00 price target on shares of Sun Country Airlines in a report on Friday, November 15th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $19.29.

Insider Buying and Selling

In other news, CFO David M. Davis sold 2,115 shares of the firm's stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $14.51, for a total transaction of $30,688.65. Following the completion of the transaction, the chief financial officer now directly owns 36,158 shares in the company, valued at $524,652.58. This trade represents a 5.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP John Gyurci sold 1,593 shares of the company's stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $17.00, for a total value of $27,081.00. Following the completion of the sale, the vice president now owns 11,618 shares in the company, valued at $197,506. The trade was a 12.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 194,976 shares of company stock worth $3,151,512 in the last ninety days. Company insiders own 4.60% of the company's stock.

About Sun Country Airlines

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.