Sun Country Airlines Holdings Inc [SNCY] stock prices are up 2.92% to $11.65 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SNCY shares have gain 4.30% over the last week, with a monthly amount glided 20.73%, and 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.
The stock price of Sun Country Airlines Holdings Inc [SNCY] has been fluctuating between $9.22 and $17.56 over the past year. 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 $11.65 at the most recent close of the market. An investor can expect a potential return of 99.14% based on the average SNCY price forecast.
Analyzing the SNCY fundamentals
The Sun Country Airlines Holdings Inc [NASDAQ:SNCY] reported sales of 1.06B for trailing twelve months, representing a drop of -2.57%. 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 11.44 points at the first support level, and at 11.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.80, and for the 2nd resistance point, it is at 11.95.
Ratios To Look Out For
It’s worth pointing out that Sun Country Airlines Holdings Inc [NASDAQ:SNCY]’s Current Ratio is 0.58. Further, the Quick Ratio stands at 0.56, while the Cash Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 1.12 and price to earnings (TTM) ratio is 12.94.
Transactions by insiders
Recent insider trading involved Neale Erin Rose, SVP, GC, and Secretary, that happened on Sep 12 ’24 when 1775.0 shares were sold. Officer, Neale Erin Rose completed a deal on Sep 12 ’24 to buy 1775.0 shares. Meanwhile, Chief Acct. Off. & VP, Finance Gyurci John sold 3000.0 shares on Sep 06 ’24.
