Sun Country Airlines (SNCY) to Release Quarterly Earnings on Monday

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) is set to release its earnings data after the market closes on Monday, May 6th. Analysts expect Sun Country Airlines to post earnings of $0.69 per share for the quarter. Sun Country Airlines has set its Q1 2024 guidance at EPS.Investors interested in registering for the company's conference call can do so using this link.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last posted its earnings results on Wednesday, January 31st. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.06. Sun Country Airlines had a net margin of 6.88% and a return on equity of 15.23%. The firm had revenue of $245.54 million for the quarter, compared to the consensus estimate of $248.82 million. 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 Performance

Shares of Sun Country Airlines stock traded down $0.47 on Tuesday, hitting $13.31. The stock had a trading volume of 398,781 shares, compared to its average volume of 600,641. The stock has a market cap of $709.29 million, a price-to-earnings ratio of 10.91, a P/E/G ratio of 0.46 and a beta of 1.62. The company has a current ratio of 0.65, a quick ratio of 0.63 and a debt-to-equity ratio of 1.09. Sun Country Airlines has a 52-week low of $11.96 and a 52-week high of $23.80. The company's 50 day moving average price is $14.55 and its 200 day moving average price is $14.57.

Analyst Ratings Changes

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

Insiders Place Their Bets

In other news, CEO Jude Bricker sold 2,145 shares of the stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of $14.35, for a total value of $30,780.75. Following the completion of the transaction, the chief executive officer now owns 124,991 shares in the company, valued at approximately $1,793,620.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 5,073 shares of company stock worth $72,944. 3.50% of the stock is owned by corporate insiders.

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.