Sun Country Airlines (SNCY) Scheduled to Post Quarterly Earnings on Monday

Sun Country Airlines (NASDAQ:SNCY) is scheduled to be posting its quarterly earnings results after the market closes on Monday, May 6th. Analysts expect Sun Country Airlines to post earnings of $0.69 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Wednesday, January 31st. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.06 by $0.06. Sun Country Airlines had a return on equity of 15.23% and a net margin of 6.88%. The firm had revenue of $245.54 million for the quarter, compared to the consensus estimate of $248.82 million. On average, analysts expect Sun Country Airlines to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sun Country Airlines Stock Up 0.4 %

NASDAQ SNCY opened at $13.85 on Friday. The stock’s 50-day moving average price is $14.44 and its 200-day moving average price is $14.55. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 1.09. Sun Country Airlines has a 52 week low of $11.96 and a 52 week high of $23.80. The company has a market capitalization of $738.07 million, a P/E ratio of 11.35, a price-to-earnings-growth ratio of 0.45 and a beta of 1.63.

Insider Buying and Selling

In other Sun Country Airlines news, CEO Jude Bricker sold 2,145 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $14.35, for a total transaction of $30,780.75. Following the sale, the chief executive officer now owns 124,991 shares in the company, valued at approximately $1,793,620.85. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 5,073 shares of company stock worth $72,944 in the last ninety days. 3.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Morgan Stanley raised Sun Country Airlines from an “equal weight” rating to an “overweight” rating and set a $21.00 price objective on the stock in a research note on Monday, February 26th. Susquehanna reiterated a “neutral” rating and set a $15.00 target price (down previously from $17.00) on shares of Sun Country Airlines in a research report on Wednesday, January 10th. Finally, Barclays increased their target price on Sun Country Airlines from $18.00 to $20.00 and gave the stock an “overweight” rating in a research report on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.60.

Sun Country Airlines Company Profile

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.