At the time of writing, Sun Country Airlines Holdings Inc [SNCY] stock is trading at $10.37, up 2.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SNCY shares have gain 5.49% over the last week, with a monthly amount drifted -18.92%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sun Country Airlines Holdings Inc [NASDAQ: SNCY] stock has seen the most recent analyst activity on May 08, 2024, when TD Cowen reiterated its Buy rating and also revised its price target to $17 from $22. Previously, Morgan Stanley upgraded its rating to Overweight on February 26, 2024, and kept the price target unchanged to $21. On January 10, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $15 on the stock. Cowen initiated its recommendation with a Outperform and recommended $25 as its price target on September 06, 2022. In a note dated December 22, 2021, Evercore ISI initiated an Outperform rating and provided a target price of $45 on this stock.
For the past year, the stock price of Sun Country Airlines Holdings Inc fluctuated between $9.22 and $17.56. Currently, Wall Street analysts expect the stock to reach $23.2 within the next 12 months. Sun Country Airlines Holdings Inc [NASDAQ: SNCY] shares were valued at $10.37 at the most recent close of the market. An investor can expect a potential return of 123.72% based on the average SNCY price forecast.
Analyzing the SNCY fundamentals
According to Sun Country Airlines Holdings Inc [NASDAQ:SNCY], the company’s sales were 1.06B for trailing twelve months, which represents an -2.57% plunge. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.09 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.09 points at the first support level, and at 9.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.60, and for the 2nd resistance point, it is at 10.83.
Ratios To Look Out For
It is important to note that Sun Country Airlines Holdings Inc [NASDAQ:SNCY] has a current ratio of 0.58. In addition, the Quick Ratio stands at 0.56 and the Cash Ratio stands at 0.09. Considering the valuation of this stock, the price to sales ratio is 0.52, the price to book ratio is 1.00 and price to earnings (TTM) ratio is 11.52.
Transactions by insiders
Recent insider trading involved Whitney Grant, Chief Revenue Officer & SVP, that happened on Aug 01 ’24 when 5000.0 shares were sold. Officer, Whitney Grant completed a deal on Aug 01 ’24 to buy 5000.0 shares. Meanwhile, Chief Revenue Officer & SVP Whitney Grant sold 894.0 shares on Jul 03 ’24.
