Sun Country Airlines (NASDAQ:SNCY) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Sun Country Airlines (NASDAQ:SNCYGet Free Report) had its price objective increased by research analysts at JPMorgan Chase & Co. from $18.00 to $23.00 in a report released on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 68.50% from the company’s current price.

A number of other research analysts also recently commented on the stock. Wall Street Zen upgraded shares of Sun Country Airlines from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 5th. Evercore ISI reduced their price target on shares of Sun Country Airlines from $20.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday, August 4th. Morgan Stanley cut their price objective on shares of Sun Country Airlines from $21.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, August 4th. Finally, Susquehanna restated a “neutral” rating and set a $11.00 price target (down from $12.00) on shares of Sun Country Airlines in a research report on Tuesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.75.

Check Out Our Latest Stock Analysis on SNCY

Sun Country Airlines Stock Performance

NASDAQ SNCY opened at $13.65 on Friday. Sun Country Airlines has a 12 month low of $8.10 and a 12 month high of $18.59. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.63 and a quick ratio of 0.59. The company has a market capitalization of $727.76 million, a price-to-earnings ratio of 12.88, a price-to-earnings-growth ratio of 0.33 and a beta of 1.62. The company’s fifty day moving average price is $12.36 and its two-hundred day moving average price is $11.94.

Sun Country Airlines (NASDAQ:SNCYGet Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The firm had revenue of $263.62 million for the quarter, compared to the consensus estimate of $256.04 million. During the same period in the prior year, the firm posted $0.06 EPS. The firm’s revenue was up 3.6% compared to the same quarter last year. Sun Country Airlines has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Sun Country Airlines will post 1.92 earnings per share for the current fiscal year.

Insider Activity

In other news, VP John Gyurci sold 5,000 shares of Sun Country Airlines stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $13.18, for a total value of $65,900.00. Following the transaction, the vice president directly owned 25,109 shares of the company’s stock, valued at $330,936.62. This trade represents a 16.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last 90 days, insiders have sold 11,926 shares of company stock valued at $149,456. Insiders own 5.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its stake in Sun Country Airlines by 1,728.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,158 shares of the company’s stock valued at $25,000 after acquiring an additional 2,040 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Sun Country Airlines by 1,556.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,490 shares of the company’s stock valued at $53,000 after purchasing an additional 4,219 shares during the last quarter. GAMMA Investing LLC increased its holdings in Sun Country Airlines by 493.1% in the 2nd quarter. GAMMA Investing LLC now owns 4,757 shares of the company’s stock valued at $56,000 after buying an additional 3,955 shares during the period. Canada Pension Plan Investment Board bought a new stake in Sun Country Airlines in the 2nd quarter valued at $59,000. Finally, BNP Paribas Financial Markets bought a new stake in Sun Country Airlines in the 4th quarter valued at $74,000.

About Sun Country Airlines

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Sun Country Airlines (NASDAQ:SNCY)

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