Wall Street Zen Downgrades Sun Country Airlines (NASDAQ:SNCY) to Buy

Sun Country Airlines (NASDAQ:SNCY) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Friday.

Several other equities analysts also recently commented on the company. Morgan Stanley lowered their price target on Sun Country Airlines from $21.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, August 4th. Evercore ISI increased their price target on Sun Country Airlines from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sun Country Airlines in a report on Saturday, September 27th. Susquehanna raised their price objective on shares of Sun Country Airlines from $11.00 to $13.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, JPMorgan Chase & Co. raised their price objective on shares of Sun Country Airlines from $18.00 to $23.00 and gave the stock an “overweight” rating in a research note on Friday, September 12th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $18.13.

Sun Country Airlines Trading Up 0.5%

Shares of SNCY stock opened at $11.90 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 quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 0.72. The business’s 50 day moving average is $12.28 and its two-hundred day moving average is $11.75. The company has a market cap of $634.51 million, a PE ratio of 11.23, a price-to-earnings-growth ratio of 0.28 and a beta of 1.59.

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

Insider Activity

In other Sun Country Airlines news, VP John Gyurci sold 5,000 shares of Sun Country Airlines stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $13.18, for a total transaction of $65,900.00. Following the completion of the transaction, the vice president directly owned 25,109 shares of the company’s stock, valued at approximately $330,936.62. This trade represents a 16.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 5.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Texas Permanent School Fund Corp lifted its holdings in shares of Sun Country Airlines by 29.8% during the second quarter. Texas Permanent School Fund Corp now owns 32,739 shares of the company’s stock valued at $385,000 after acquiring an additional 7,521 shares during the period. Apollo Management Holdings L.P. bought a new position in shares of Sun Country Airlines in the second quarter valued at about $6,821,000. Public Sector Pension Investment Board raised its holdings in shares of Sun Country Airlines by 54.1% in the second quarter. Public Sector Pension Investment Board now owns 192,220 shares of the company’s stock valued at $2,259,000 after buying an additional 67,511 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Sun Country Airlines by 183.8% in the second quarter. Tower Research Capital LLC TRC now owns 5,273 shares of the company’s stock valued at $62,000 after buying an additional 3,415 shares during the last quarter. Finally, State of Tennessee Department of Treasury raised its holdings in shares of Sun Country Airlines by 267.2% in the second quarter. State of Tennessee Department of Treasury now owns 31,911 shares of the company’s stock valued at $375,000 after buying an additional 23,220 shares during the last quarter.

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.