Sun Country Airlines Holdings Inc (SNCY) Has Fallen -7.55%, Becoming A Losing Stock For Investors

Sun Country Airlines Holdings Inc (NASDAQ:SNCY) has a beta value of 1.65 and has seen 2.16 million shares traded in the last trading session. The company, currently valued at $436.42M, closed the last trade at $8.21 per share which meant it lost -$0.67 on the day or -7.55% during that session. The SNCY stock price is -126.43% off its 52-week high price of $18.59 and -8.16% below the 52-week low of $8.88. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.32 million shares traded. The 3-month trading volume is 963.13K shares.

The consensus among analysts is that Sun Country Airlines Holdings Inc (SNCY) is Buy stock at the moment, with a recommendation rating of 1.56. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 7 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.7.

Sun Country Airlines Holdings Inc (NASDAQ:SNCY) trade information

Sporting -7.55% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SNCY stock price touched $8.21 or saw a rise of 22.91%. Year-to-date, Sun Country Airlines Holdings Inc shares have moved -43.69%, while the 5-day performance has seen it change -20.68%. Over the past 30 days, the shares of Sun Country Airlines Holdings Inc (NASDAQ:SNCY) have changed -36.41%. Short interest in the company has seen 5.03 million shares shorted with days to cover at 6.07.

Wall Street analysts have a consensus price target for the stock at $17, which means that the shares’ value could jump 51.71% from current levels. The projected low price target is $17.0 while the price target rests at a high of $17.0. In that case, then, we find that the current price level is -107.06% off the targeted high while a plunge would see the stock gain -107.06% from current levels.

Sun Country Airlines Holdings Inc (SNCY) estimates and forecasts

The company’s shares have lost -28.67% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 4.89%.

5 analysts offering their estimates for the company have set an average revenue estimate of 326.94M for the current quarter. 4 have an estimated revenue figure of 262.49M for the next ending quarter. Year-ago sales stood 311.48M and 254.38M respectively for this quarter and the next, and analysts expect sales will grow by 4.96% for the current quarter and 4.89% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 3.58% over the past 5 years. Earnings growth for 2025 is a modest 46.45% while over the next 5 years, the company’s earnings are expected to increase by 38.71%.

SNCY Dividends

Sun Country Airlines Holdings Inc is expected to release its next earnings report on 2025-Feb-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Sun Country Airlines Holdings Inc (NASDAQ:SNCY)’s Major holders

Insiders own 4.66% of the company shares, while shares held by institutions stand at 98.64% with a share float percentage of 103.46%. Investors are also buoyed by the number of investors in a company, with Sun Country Airlines Holdings Inc having a total of 257.0 institutions that hold shares in the company. The top two institutional holders are APOLLO MANAGEMENT HOLDINGS, L.P. with over 11.16 million shares worth more than $140.18 million. As of 2024-06-30, APOLLO MANAGEMENT HOLDINGS, L.P. held 21.1828% of shares outstanding.

The other major institutional holder is BLACKROCK INC., with the holding of over 6.95 million shares as of 2024-06-30. The firm’s total holdings are worth over $87.23 million and represent 13.1819% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Delaware Group Equity Funds V-Macquarie Small Cap Core Fund and iShares Trust-iShares Core S&P Small-Cap ETF . As of Nov 30, 2024 , the former fund manager holds about 4.69% shares in the company for having 2.49 shares of worth $20.47 million while later fund manager owns 2.49 shares of worth $20.43 million as of Mar 31, 2025 , which makes it owner of about 4.68% of company’s outstanding stock.