Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) CEO Jude Bricker sold 2,103 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $11.83, for a total value of $24,878.49. Following the completion of the sale, the chief executive officer directly owned 125,486 shares of the company's stock, valued at approximately $1,484,499.38. The trade was a 1.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Sun Country Airlines Trading Up 1.1%
NASDAQ SNCY traded up $0.14 during trading hours on Friday, hitting $12.61. 539,519 shares of the company's stock were exchanged, compared to its average volume of 850,693. The company has a current ratio of 0.63, a quick ratio of 0.60 and a debt-to-equity ratio of 0.77. Sun Country Airlines Holdings, Inc. has a 1-year low of $8.10 and a 1-year high of $18.59. The stock has a 50-day simple moving average of $11.46 and a 200 day simple moving average of $13.27. The firm has a market cap of $670.71 million, a price-to-earnings ratio of 12.99, a PEG ratio of 0.24 and a beta of 1.61.
Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.72 EPS for the quarter, beating analysts' consensus estimates of $0.70 by $0.02. Sun Country Airlines had a return on equity of 10.28% and a net margin of 4.96%. The firm had revenue of $326.65 million during the quarter, compared to analysts' expectations of $329.51 million. During the same quarter last year, the firm posted $0.66 earnings per share. The company's revenue for the quarter was up 4.8% compared to the same quarter last year. On average, equities analysts forecast that Sun Country Airlines Holdings, Inc. will post 1.92 EPS for the current fiscal year.
Institutional Investors Weigh In On Sun Country Airlines
Hedge funds have recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board acquired a new stake in Sun Country Airlines in the fourth quarter valued at approximately $60,000. BNP Paribas Financial Markets bought a new position in shares of Sun Country Airlines in the fourth quarter valued at approximately $74,000. Acadian Asset Management LLC bought a new position in shares of Sun Country Airlines in the first quarter valued at approximately $88,000. Aquatic Capital Management LLC bought a new position in shares of Sun Country Airlines in the fourth quarter valued at approximately $102,000. Finally, Quarry LP lifted its holdings in shares of Sun Country Airlines by 355.0% in the fourth quarter. Quarry LP now owns 7,894 shares of the company's stock valued at $115,000 after purchasing an additional 6,159 shares in the last quarter.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on SNCY shares. TD Cowen raised their target price on Sun Country Airlines from $14.00 to $20.00 and gave the stock a "buy" rating in a research note on Tuesday, May 6th. Susquehanna raised their target price on Sun Country Airlines from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, May 5th. JPMorgan Chase & Co. decreased their target price on Sun Country Airlines from $23.00 to $20.00 and set an "overweight" rating for the company in a research note on Monday, May 5th. Finally, Barclays decreased their target price on Sun Country Airlines from $24.00 to $18.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $16.83.
View Our Latest Analysis on Sun Country Airlines
Sun Country Airlines Company Profile
(
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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.
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