Wall Street predicts Sun Country Airlines Holdings Inc (SNCY) stock to surge by 5.12%

Sun Country Airlines Holdings Inc [SNCY] stock prices are up 1.00% to $15.22 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SNCY shares have gain 2.15% over the last week, with a monthly amount glided 10.85%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Wolfe Research upgraded its rating to Outperform on October 08, 2024, and kept the price target unchanged to $14. On May 08, 2024, TD Cowen reiterated its Buy rating and revised its price target to $17 on the stock. Morgan Stanley upgraded its rating to a Overweight but stick to its price target of $21 on February 26, 2024. Susquehanna downgraded its rating to a Neutral and reduced its price target to $15 on January 10, 2024. In a note dated September 06, 2022, Cowen initiated an Outperform rating and provided a target price of $25 on this stock.

The stock price of Sun Country Airlines Holdings Inc [SNCY] has been fluctuating between $9.22 and $16.34 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Sun Country Airlines Holdings Inc [NASDAQ: SNCY] shares were valued at $15.22 at the most recent close of the market. An investor can expect a potential return of 5.12% 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 surge of 0.24%. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 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 0.64.

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 14.93 points at the first support level, and at 14.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.42, and for the 2nd resistance point, it is at 15.61.

Ratios To Look Out For

It’s worth pointing out that Sun Country Airlines Holdings Inc [NASDAQ:SNCY]’s Current Ratio is 0.59. As well, the Quick Ratio is 0.57, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 1.46 and price to earnings (TTM) ratio is 18.71.

Transactions by insiders

Recent insider trading involved Neale Erin Rose, SVP, GC, and Secretary, that happened on Dec 16 ’24 when 1738.0 shares were sold. Chief Acct. Off. & VP, Finance, Gyurci John completed a deal on Dec 12 ’24 to sell 40000.0 shares. Meanwhile, Officer Neale Erin Rose bought 1738.0 shares on Dec 16 ’24.

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