In last trading session, Sun Country Airlines Holdings Inc (NASDAQ:SNCY) saw 1.1 million shares changing hands with its beta currently measuring 1.55. Company’s recent per share price level of $12.38 trading at $0.96 or 8.41% at ring of the bell on the day assigns it a market valuation of $653.79M. That closing price of SNCY’s stock is at a discount of -41.84% from its 52-week high price of $17.56 and is indicating a premium of 25.53% from its 52-week low price of $9.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.01 million shares which gives us an average trading volume of 643.22K if we extend that period to 3-months.
For Sun Country Airlines Holdings Inc (SNCY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.06 in the current quarter.
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Sun Country Airlines Holdings Inc (NASDAQ:SNCY) trade information
Upright in the green during last session for gaining 8.41%, in the last five days SNCY remained trading in the green while hitting it’s week-highest on Friday, 10/18/24 when the stock touched $12.38 price level, adding 0.56% to its value on the day. Sun Country Airlines Holdings Inc’s shares saw a change of -21.30% in year-to-date performance and have moved 16.24% in past 5-day. Sun Country Airlines Holdings Inc (NASDAQ:SNCY) showed a performance of 6.27% in past 30-days. Number of shares sold short was 4.23 million shares which calculate 7.16 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 26 to the stock, which implies a rise of 52.38% to its current value. Analysts have been projecting 11 as a low price target for the stock while placing it at a high target of 30. It follows that stock’s current price would jump 11.15% in reaching the projected high whereas dropping to the targeted low would mean a gain of 11.15% for stock’s current value.
Sun Country Airlines Holdings Inc (SNCY) estimates and forecasts
Statistics highlight that Sun Country Airlines Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -16.75% of value to its shares in past 6 months, showing an annual growth rate of -37.23% while that of industry is -15.80. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.80% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 250.47M for the same. And 3 analysts are in estimates of company making revenue of 251.8M in the next quarter. Company posted 248.88M and 245.54M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.51% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -34.18% while estimates for its earnings growth in next 5 years are of 22.41%.
Sun Country Airlines Holdings Inc (NASDAQ:SNCY)’s Major holders
Insiders are in possession of 4.70% of company’s total shares while institution are holding 105.19 percent of that, with stock having share float percentage of 110.38%. Investors also watch the number of corporate investors in a company very closely, which is 105.19% institutions for Sun Country Airlines Holdings Inc that are currently holding shares of the company. APOLLO MANAGEMENT HOLDINGS, L.P. is the top institutional holder at SNCY for having 11.16 million shares of worth $140.18 million. And as of 2024-06-30, it was holding 21.045 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 6.95 million shares on 2024-06-30. The number of shares represents firm’s hold over 13.0961 of outstanding shares, having a total worth of $87.23 million.
