Sun Country Airlines Holdings Inc (SNCY) stock expected to decline by -5.08%: What’s driving the pessimism?

A share price of Sun Country Airlines Holdings Inc [SNCY] is currently trading at $17.91, down -1.21%. 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 4.92% over the last week, with a monthly amount glided 10.69%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Sun Country Airlines Holdings Inc [NASDAQ: SNCY] stock has seen the most recent analyst activity on January 22, 2025, when JP Morgan initiated its Overweight rating and assigned the stock a price target of $23. On October 08, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $14 on the stock. TD Cowen reiterated its Buy rating and decreased its price target to $17 on May 08, 2024. Morgan Stanley upgraded its rating to a Overweight but $21 remained the price target by the analyst firm on February 26, 2024. Susquehanna downgraded its rating to Neutral for this stock on January 10, 2024, and downed its price target to $15.

Sun Country Airlines Holdings Inc experienced fluctuations in its stock price throughout the past year between $9.22 and $18.14. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Sun Country Airlines Holdings Inc [NASDAQ: SNCY] shares were valued at $17.91 at the most recent close of the market. An investor can expect a potential drop of -5.08% based on the average SNCY price forecast.

Analyzing the SNCY fundamentals

Trailing Twelve Months sales for Sun Country Airlines Holdings Inc [NASDAQ:SNCY] were 1.08B which represents 6.05% growth. Gross Profit Margin for this corporation currently stands at 0.29% 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 0.13 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.47.

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 17.65 points at the first support level, and at 17.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.11, and for the 2nd resistance point, it is at 18.32.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sun Country Airlines Holdings Inc [NASDAQ:SNCY] is 0.63. Further, the Quick Ratio stands at 0.61, while the Cash Ratio is 0.0. Considering the valuation of this stock, the price to sales ratio is 0.89, the price to book ratio is 1.67 and price to earnings (TTM) ratio is 18.73.

Transactions by insiders

Recent insider trading involved SCA Horus Holdings, LLC, that happened on Feb 11 ’25 when 6.35 million shares were sold. Chief Acct. Off. & VP, Finance, Gyurci John completed a deal on Feb 10 ’25 to sell 9.0 shares. Meanwhile, Officer Gyurci John bought 9.0 shares on Feb 10 ’25.

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