Sun Country Airlines (SNCY) Scheduled to Post Quarterly Earnings on Thursday

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) is scheduled to be releasing its earnings data on Thursday, April 25th. Sun Country Airlines has set its Q1 2024 guidance at EPS.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last released its quarterly earnings results on Wednesday, January 31st. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.06 by $0.06. The firm had revenue of $245.54 million for the quarter, compared to analyst estimates of $248.82 million. Sun Country Airlines had a return on equity of 15.23% and a net margin of 6.88%. On average, analysts expect Sun Country Airlines to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sun Country Airlines Stock Down 3.6 %

Shares of SNCY traded down $0.53 during mid-day trading on Wednesday, reaching $14.29. 426,033 shares of the stock traded hands, compared to its average volume of 610,628. The stock has a fifty day simple moving average of $14.65 and a 200 day simple moving average of $14.59. Sun Country Airlines has a 12-month low of $11.96 and a 12-month high of $23.80. The company has a quick ratio of 0.63, a current ratio of 0.65 and a debt-to-equity ratio of 1.09. The firm has a market cap of $761.51 million, a price-to-earnings ratio of 11.71, a P/E/G ratio of 0.51 and a beta of 1.62.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on SNCY shares. Barclays increased their price target on Sun Country Airlines from $18.00 to $20.00 and gave the company an "overweight" rating in a report on Monday, February 5th. Morgan Stanley raised shares of Sun Country Airlines from an "equal weight" rating to an "overweight" rating and set a $21.00 price target on the stock in a research report on Monday, February 26th. Finally, Susquehanna reiterated a "neutral" rating and issued a $15.00 target price (down previously from $17.00) on shares of Sun Country Airlines in a research report on Wednesday, January 10th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Sun Country Airlines currently has a consensus rating of "Moderate Buy" and an average target price of $19.60.

Insider Transactions at Sun Country Airlines

In other news, CEO Jude Bricker sold 2,145 shares of Sun Country Airlines stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $14.35, for a total transaction of $30,780.75. Following the sale, the chief executive officer now owns 124,991 shares of the company's stock, valued at $1,793,620.85. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Over the last quarter, insiders sold 5,073 shares of company stock worth $72,944. Insiders own 3.50% of the company's stock.

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.