Sun Country Airlines (NASDAQ:SNCY) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan Chase & Co. raised the target price for Sun Country Airlines stock from $18.00 to $23.00, suggesting a potential upside of 68.50% from its current price.
• Sun Country Airlines reported a quarterly earnings of $0.14 per share, surpassing consensus estimates and achieving a year-over-year revenue increase of 3.6%.
• Currently, the stock holds an average rating of "Moderate Buy" with six analysts recommending a Buy and two a Hold.

Sun Country Airlines (NASDAQ:SNCY - Get Free Report) had its price target hoisted by equities researchers at JPMorgan Chase & Co. from $18.00 to $23.00 in a report released on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 72.35% from the company's previous close.

Several other research firms have also recently weighed in on SNCY. Morgan Stanley cut 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 report on Monday, August 4th. Wall Street Zen upgraded shares of Sun Country Airlines from a "buy" rating to a "strong-buy" rating in a report on Friday, September 5th. Susquehanna restated a "neutral" rating and set a $11.00 price target (down from $12.00) on shares of Sun Country Airlines in a report on Tuesday, August 5th. Finally, Evercore ISI cut their price target 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. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $17.75.

Sun Country Airlines Stock Up 1.9%

NASDAQ:SNCY traded up $0.25 during trading hours on Friday, reaching $13.35. The company had a trading volume of 370,309 shares, compared to its average volume of 969,694. The company has a quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 0.72. The firm has a market cap of $711.56 million, a price-to-earnings ratio of 12.49, a P/E/G ratio of 0.31 and a beta of 1.62. The business's 50-day simple moving average is $12.38 and its two-hundred day simple moving average is $11.90. Sun Country Airlines has a twelve month low of $8.10 and a twelve month high of $18.59.

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

Insider Buying and Selling

In other Sun Country Airlines news, VP John Gyurci sold 5,000 shares of Sun Country Airlines stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $13.18, for a total value 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. The trade was a 16.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 11,926 shares of company stock valued at $149,456 over the last 90 days. Insiders own 4.60% of the company's stock.

Institutional Trading of Sun Country Airlines

Hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC raised its position in Sun Country Airlines by 1,728.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,158 shares of the company's stock worth $25,000 after acquiring an additional 2,040 shares during the period. Nisa Investment Advisors LLC raised its position in shares of Sun Country Airlines by 1,556.8% in the second 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 raised its position in shares of 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 purchasing an additional 3,955 shares during the period. Canada Pension Plan Investment Board bought a new stake in shares of Sun Country Airlines in the second quarter valued at approximately $59,000. Finally, Ameritas Investment Partners Inc. raised its position in shares of Sun Country Airlines by 40.4% in the second quarter. Ameritas Investment Partners Inc. now owns 5,224 shares of the company's stock valued at $61,000 after purchasing an additional 1,504 shares during the period.

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.