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 target price lifted by analysts at JPMorgan Chase & Co. from $18.00 to $23.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective would indicate a potential upside of 68.50% from the company's current price.

Other research analysts also recently issued reports about the company. Morgan Stanley decreased their price target on Sun Country Airlines from $21.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, August 4th. Evercore ISI decreased their price target on Sun Country Airlines from $20.00 to $19.00 and set an "outperform" rating for the company in a report on Monday, August 4th. Susquehanna reaffirmed a "neutral" rating and set a $11.00 target price (down from $12.00) on shares of Sun Country Airlines in a research note on Tuesday, August 5th. Finally, Wall Street Zen raised Sun Country Airlines from a "buy" rating to a "strong-buy" rating in a research note on Friday, September 5th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $17.75.

Sun Country Airlines Trading Up 4.1%

Shares of NASDAQ:SNCY opened at $13.65 on Friday. Sun Country Airlines has a 12-month low of $8.10 and a 12-month high of $18.59. The company has a market capitalization of $727.82 million, a PE ratio of 12.88, a PEG ratio of 0.31 and a beta of 1.62. The business has a 50 day moving average of $12.34 and a two-hundred day moving average of $12.00. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of 0.72.

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

Institutional Trading of Sun Country Airlines

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Sun Country Airlines by 9.5% in the 1st quarter. Vanguard Group Inc. now owns 5,037,727 shares of the company's stock valued at $62,065,000 after buying an additional 437,550 shares in the last quarter. Frontier Capital Management Co. LLC grew its holdings in Sun Country Airlines by 53.3% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 3,533,617 shares of the company's stock valued at $41,520,000 after buying an additional 1,228,721 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in Sun Country Airlines by 1.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,178,770 shares of the company's stock valued at $37,351,000 after buying an additional 43,197 shares in the last quarter. U S Global Investors Inc. grew its holdings in Sun Country Airlines by 20.6% in the 2nd quarter. U S Global Investors Inc. now owns 2,076,107 shares of the company's stock valued at $24,394,000 after buying an additional 354,569 shares in the last quarter. Finally, American Century Companies Inc. grew its holdings in Sun Country Airlines by 9.3% in the 2nd quarter. American Century Companies Inc. now owns 1,838,342 shares of the company's stock valued at $21,601,000 after buying an additional 156,522 shares in the last quarter.

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.

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