Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Sun Country Airlines is rated a "Moderate Buy" by eight analysts, with six buy ratings and an average 12-month price target of $17.3750.
• Institutional investors have significantly increased their stakes in Sun Country Airlines, with EverSource Wealth Advisors boosting their position by 1,728.8% in the second quarter.
• For Q2, Sun Country Airlines reported earnings of $0.14 per share, surpassing estimates, along with a 3.6% increase in revenue year-over-year.

Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eight brokerages that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $17.75.

Several analysts recently issued reports on the stock. Evercore ISI reduced their price objective on shares of Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating on the stock in a report on Monday, August 4th. Morgan Stanley reduced their price target on shares of Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating on the stock in a research note on Monday, August 4th. Wall Street Zen raised shares of Sun Country Airlines from a "buy" rating to a "strong-buy" rating in a research report on Friday, September 5th. Susquehanna reiterated a "neutral" rating and issued a $11.00 target price (down previously from $12.00) on shares of Sun Country Airlines in a report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. raised their price target on Sun Country Airlines from $18.00 to $23.00 and gave the stock an "overweight" rating in a research report on Friday.

Insider Transactions at Sun Country Airlines

In other news, VP John Gyurci sold 5,000 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $13.18, for a total transaction of $65,900.00. Following the sale, the vice president owned 25,109 shares of the company's stock, valued at approximately $330,936.62. This represents a 16.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 11,926 shares of company stock worth $149,456 in the last 90 days. 4.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Sun Country Airlines

A number of hedge funds have recently bought and sold shares of SNCY. EverSource Wealth Advisors LLC grew its position in shares of Sun Country Airlines by 1,728.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,158 shares of the company's stock worth $25,000 after buying an additional 2,040 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of Sun Country Airlines by 1,556.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 4,490 shares of the company's stock valued at $53,000 after purchasing an additional 4,219 shares during the period. GAMMA Investing LLC lifted its stake in Sun Country Airlines by 493.1% in the second quarter. GAMMA Investing LLC now owns 4,757 shares of the company's stock valued at $56,000 after buying an additional 3,955 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in shares of Sun Country Airlines during the second quarter worth approximately $59,000. Finally, Ameritas Investment Partners Inc. grew its position in Sun Country Airlines by 40.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,224 shares of the company's stock worth $61,000 after purchasing an additional 1,504 shares during the last quarter.

Sun Country Airlines Stock Performance

Shares of NASDAQ SNCY remained flat at $13.10 during trading on Thursday. The stock had a trading volume of 946,738 shares, compared to its average volume of 820,709. The company's 50-day moving average is $12.38 and its two-hundred day moving average is $11.90. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.63 and a quick ratio of 0.59. The stock has a market cap of $698.49 million, a price-to-earnings ratio of 12.36, a PEG ratio of 0.31 and a beta of 1.62. Sun Country Airlines has a fifty-two week low of $8.10 and a fifty-two week high of $18.59.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.01. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The firm had revenue of $263.62 million during the quarter, compared to analysts' expectations of $256.04 million. During the same period last year, the business earned $0.06 earnings per share. Sun Country Airlines's revenue was up 3.6% compared to the same quarter last year. Sun Country Airlines has set its Q3 2025 guidance at EPS. Research analysts anticipate that Sun Country Airlines will post 1.92 earnings per share for the current fiscal year.

About Sun Country Airlines

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.