During the recent session, Sun Country Airlines Holdings Inc (NASDAQ:SNCY)’s traded shares were 0.79 million, with the beta value of the company hitting 1.49. At the last check today, the stock’s price was $15.54, reflecting an intraday gain of 10.63% or $1.49. The 52-week high for the SNCY share is $17.56, that puts it down -13.0 from that peak though still a striking 40.67% gain since the share price plummeted to a 52-week low of $9.22. The company’s market capitalization is $822.84M, and the average intraday trading volume over the past 10 days was 0.73 million shares, and the average trade volume was 684.25K shares over the past three months.
Sun Country Airlines Holdings Inc (SNCY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. SNCY has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.11.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Sun Country Airlines Holdings Inc (NASDAQ:SNCY) trade information
Sun Country Airlines Holdings Inc (SNCY) registered a 10.63% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 10.63% in intraday trading to $15.54, hitting a weekly high. The stock’s 5-day price performance is 23.16%, and it has moved by 56.05% in 30 days. Based on these gigs, the overall price performance for the year is 21.62%. The short interest in Sun Country Airlines Holdings Inc (NASDAQ:SNCY) is 4.56 million shares and it means that shorts have 6.08 day(s) to cover.
The consensus price target of analysts on Wall Street is $26, which implies an increase of 40.23% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $11 and $30 respectively. As a result, SNCY is trading at a discount of -93.05% off the target high and 29.21% off the low.
Sun Country Airlines Holdings Inc (SNCY) estimates and forecasts
Statistics show that Sun Country Airlines Holdings Inc has underperformed its competitors in share price, compared to the industry in which it operates. Sun Country Airlines Holdings Inc (SNCY) shares have gone up 12.22% during the last six months, with a year-to-date growth rate less than the industry average at -37.23% against -15.70. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -8.30% this quarter and then jump 19.70% in the quarter after that. In the rating firms’ projections, revenue will increase 1.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 249.77M as predicted by 3 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 322M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 245.54M and 316.26M respectively. In this case, analysts expect current quarter sales to grow by 1.70% and then jump by 1.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 22.51%. While earnings are projected to return -30.05% in 2024, the next five years will return 22.41% per annum.
SNCY Dividends
Sun Country Airlines Holdings Inc is due to release its next quarterly earnings on 2025-Jan-29. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Sun Country Airlines Holdings Inc (NASDAQ:SNCY)’s Major holders
Sun Country Airlines Holdings Inc insiders own 4.69% of total outstanding shares while institutional holders control 104.61%, with the float percentage being 109.76%. APOLLO MANAGEMENT HOLDINGS, L.P. is the largest shareholder of the company, while 210.0 institutions own stock in it. As of 2024-06-30, the company held over 11.16 million shares (or 21.045% of all shares), a total value of $140.18 million in shares.
The next largest institutional holding, with 6.95 million shares, is of BLACKROCK INC.’s that is approximately 13.0961% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $87.23 million.
