Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) have been given a consensus rating of “Moderate Buy” by the nine ratings firms that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $19.4286.

A number of equities analysts have recently issued reports on the stock. TD Cowen upped their target price on shares of Sun Country Airlines from $15.00 to $21.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Cantor Fitzgerald set a $21.00 price objective on Sun Country Airlines in a report on Monday, November 3rd. Evercore ISI increased their price objective on Sun Country Airlines from $19.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Susquehanna boosted their target price on Sun Country Airlines from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Friday, October 3rd. Finally, Cowen reiterated a “buy” rating on shares of Sun Country Airlines in a report on Monday, November 3rd.

Sun Country Airlines Price Performance

Sun Country Airlines stock opened at $12.67 on Tuesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.76. The firm has a market cap of $667.90 million, a P/E ratio of 12.07, a P/E/G ratio of 0.43 and a beta of 1.59. The business’s fifty day moving average is $11.91 and its two-hundred day moving average is $12.01. Sun Country Airlines has a 52 week low of $8.10 and a 52 week high of $18.59.

Sun Country Airlines (NASDAQ:SNCY) last announced its earnings results on Wednesday, June 22nd. The company reported ($0.09) earnings per share for the quarter. The business had revenue of $127.61 million during the quarter. Sun Country Airlines had a net margin of 5.25% and a return on equity of 10.32%. Equities research analysts forecast that Sun Country Airlines will post 1.92 earnings per share for the current fiscal year.

Insider Activity at Sun Country Airlines

In other Sun Country Airlines news, VP John Gyurci sold 5,000 shares of the firm’s 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 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 the SEC website. Also, CEO Jude Bricker sold 2,139 shares of the company’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $11.69, for a total transaction of $25,004.91. Following the sale, the chief executive officer owned 123,347 shares of the company’s stock, valued at $1,441,926.43. The trade was a 1.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 8,853 shares of company stock valued at $112,101. 5.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Sun Country Airlines

A number of institutional investors have recently made changes to their positions in the stock. SummerHaven Investment Management LLC lifted its stake in Sun Country Airlines by 1.3% in the third quarter. SummerHaven Investment Management LLC now owns 63,294 shares of the company’s stock valued at $748,000 after buying an additional 806 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Sun Country Airlines by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,487 shares of the company’s stock valued at $289,000 after acquiring an additional 1,014 shares during the period. New York State Teachers Retirement System boosted its stake in Sun Country Airlines by 7.7% during the 3rd quarter. New York State Teachers Retirement System now owns 17,895 shares of the company’s stock worth $211,000 after acquiring an additional 1,284 shares during the last quarter. Legal & General Group Plc grew its holdings in Sun Country Airlines by 2.1% during the second quarter. Legal & General Group Plc now owns 68,113 shares of the company’s stock valued at $800,000 after purchasing an additional 1,395 shares during the period. Finally, Yousif Capital Management LLC increased its stake in Sun Country Airlines by 10.2% in the third quarter. Yousif Capital Management LLC now owns 16,252 shares of the company’s stock valued at $192,000 after purchasing an additional 1,500 shares in the last quarter.

About Sun Country Airlines

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.