Sun Country Airlines (SNCY) Stock Price, News & Analysis

Company Overview

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. As of December 31, 2023, its fleet consisted of 60 Boeing 737-NG aircraft, which includes 42 passenger fleet, 12 cargo, and 6 leased to unaffiliated airlines aircraft. The company serves leisure, and visiting friends and relatives passengers; charter and cargo customers; military branches; collegiate and professional sports teams; wholesale tour operators; schools; companies; and other individual entities through its website, call center, and travel agents. Sun Country Airlines Holdings, Inc. was founded in 1983 and is headquartered in Minneapolis, Minnesota.

Key Stats

• Today's Range: $14.63 to $15.22
• 50-Day Range: $10.55 to $15.76
• 52-Week Range: $9.22 to $16.34
• Volume: 242,014 shs
• Average Volume: 685,290 shs
• Market Capitalization: $799.92 million
• P/E Ratio: 18.65
• Dividend Yield: N/A
• Price Target: $18.33
• Consensus Rating: Moderate Buy

Sun Country Airlines Stock Analysis - MarketRank™

Sun Country Airlines scored higher than 65% of companies evaluated by MarketBeat, and ranked 73rd out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Sun Country Airlines has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Sun Country Airlines has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 117.39%

Earnings Growth

Earnings for Sun Country Airlines are expected to grow by 117.39% in the coming year, from $0.92 to $2.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Sun Country Airlines is 18.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.48.

Price to Earnings Ratio vs. Sector

The P/E ratio of Sun Country Airlines is 18.56, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.79.

Price to Earnings Growth Ratio

Sun Country Airlines has a PEG Ratio of 0.71. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Sun Country Airlines has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.98% of the float of Sun Country Airlines has been sold short.

Short Interest Ratio / Days to Cover

Sun Country Airlines has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sun Country Airlines has recently decreased by 4.48%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Sun Country Airlines does not currently pay a dividend.

Dividend Growth

Sun Country Airlines does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.98% of the float of Sun Country Airlines has been sold short.

Short Interest Ratio / Days to Cover

Sun Country Airlines has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Sun Country Airlines has recently decreased by 4.48%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.74

News Sentiment

Sun Country Airlines has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Sun Country Airlines this week, compared to 4 articles on an average week.

Search Interest

Only 1 people have searched for SNCY on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Sun Country Airlines insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,311,124.00 in company stock.

Percentage Held by Insiders

Only 4.60% of the stock of Sun Country Airlines is held by insiders.

SNCY Stock Analysis - Frequently Asked Questions

How have SNCY shares performed this year?

Sun Country Airlines' stock was trading at $15.73 at the start of the year. Since then, SNCY stock has decreased by 4.5% and is now trading at $15.03.
View the best growth stocks for 2024 here.

How were Sun Country Airlines' earnings last quarter?

Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) released its quarterly earnings results on Wednesday, October, 30th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The firm's revenue for the quarter was up .2% compared to the same quarter last year.

When did Sun Country Airlines IPO?

Sun Country Airlines (SNCY) raised $200 million in an initial public offering on Wednesday, March 17th 2021. The company issued 9,100,000 shares at $21.00-$23.00 per share. Barclays, Morgan Stanley, Deutsche Bank Securities, Goldman Sachs and Nomura acted as the underwriters for the IPO and Apollo Global Securities was co-manager.

Who are Sun Country Airlines' major shareholders?

Sun Country Airlines' top institutional shareholders include U S Global Investors Inc. (5.12%), State Street Corp (2.99%), Geode Capital Management LLC (1.70%) and FMR LLC (1.36%). Insiders that own company stock include Sca Horus Holdings, Llc, Jude Bricker, Gregory A Mays, David M Davis, Erin Rose Neale, Jennifer L Vogel, Grant Whitney, John Gyurci, Brian Edward Davis, William Trousdale, Eric Levenhagen and Jeffrey Mader.
View institutional ownership trends.

How do I buy shares of Sun Country Airlines?

Shares of SNCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Sun Country Airlines own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Sun Country Airlines investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), Meta Platforms (META), NVIDIA (NVDA), Advanced Micro Devices (AMD), Visa (V) and Netflix (NFLX).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 12/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Air transportation, scheduled
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:SNCY
• CUSIP: N/A
• CIK: 1743907
• Web: www.suncountry.com
• Phone: 651-681-3900
• Fax: N/A
• Employees: 2,783
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $18.33
• High Stock Price Target: $24.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +23.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.81
• Trailing P/E Ratio: 18.27
• Forward P/E Ratio: 16.09
• P/E Growth: 0.71
• Net Income: $72.18 million
• Net Margins: 4.25%
• Pretax Margin: 5.68%
• Return on Equity: 9.00%
• Return on Assets: 2.99%

Debt

• Debt-to-Equity Ratio: 0.96
• Current Ratio: 0.59
• Quick Ratio: 0.57

Sales & Book Value

• Annual Sales: $1.06 billion
• Price / Sales: 0.74
• Cash Flow: $3.10 per share
• Price / Cash Flow: 4.77
• Book Value: $9.65 per share
• Price / Book: 1.53

Miscellaneous

• Outstanding Shares: 52,940,000
• Free Float: 50,505,000
• Market Cap: $783.51 million
• Optionable: Optionable
• Beta: 1.46