Sun Country Airlines (NASDAQ:SNCY) Announces Earnings Results

Sun Country Airlines (NASDAQ:SNCY) posted its quarterly earnings results on Tuesday. The company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06, Zacks reports. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. Sun Country Airlines updated its Q1 2025 guidance to EPS.

Sun Country Airlines Price Performance

Shares of NASDAQ SNCY opened at $15.82 on Tuesday. The stock has a market cap of $837.67 million, a price-to-earnings ratio of 19.68, a PEG ratio of 0.38 and a beta of 1.46. Sun Country Airlines has a fifty-two week low of $9.22 and a fifty-two week high of $17.75. The firm’s 50-day simple moving average is $15.37 and its 200 day simple moving average is $13.06. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.57 and a current ratio of 0.59.

Insider Buying and Selling

In other news, CFO David M. Davis sold 2,760 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $15.93, for a total transaction of $43,966.80. Following the completion of the sale, the chief financial officer now owns 32,260 shares in the company, valued at $513,901.80. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jude Bricker sold 37,817 shares of the firm’s stock in a transaction 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 $1,267,464.55. This represents a 31.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 279,932 shares of company stock worth $4,606,474. 4.60% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. The Goldman Sachs Group reissued a “neutral” rating and set a $17.00 target price on shares of Sun Country Airlines in a report on Friday, November 15th. Barclays increased their target price on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a research report on Thursday, November 14th. JPMorgan Chase & Co. assumed coverage on shares of Sun Country Airlines in a research report on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price target for the company. Wolfe Research raised 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. Finally, Susquehanna raised their target price on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Sun Country Airlines currently has an average rating of “Moderate Buy” and an average price target of $19.29.

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.