Sun Country Airlines (SNCY) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sun Country Airlines in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SNCY shares.
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5 equities research analysts have issued 12-month price targets for Sun Country Airlines' stock. Their SNCY share price forecasts range from $17.00 to $27.00. On average, they expect the company's share price to reach $23.29 in the next year. This suggests a possible upside of 56.9% from the stock's current price.
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Sun Country Airlines' stock was trading at $15.86 at the start of the year. Since then, SNCY shares have decreased by 6.4% and is now trading at $14.84.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
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Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) released its quarterly earnings data on Friday, August, 4th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.01. The business had revenue of $261.10 million for the quarter, compared to the consensus estimate of $258.81 million. Sun Country Airlines had a trailing twelve-month return on equity of 15.48% and a net margin of 7.66%. The business's revenue was up 19.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.03) EPS.

ETFs with the largest weight of Sun Country Airlines (NASDAQ:SNCY) stock in their portfolio include U.S. Global Jets ETF (JETS), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), SPDR S&P Transportation ETF (XTN) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR).

Sun Country Airlines updated its third quarter 2023 earnings guidance on Friday, August, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $240.00 million-$250.00 million, compared to the consensus revenue estimate of $258.81 million.

(SNCY) raised $200 million in an initial public offering (IPO) on Wednesday, March 17th 2021. The company issued 9,100,000 shares at a price of $21.00-$23.00 per share. Barclays, Morgan Stanley, Deutsche Bank Securities, Goldman Sachs and Nomura acted as the underwriters for the IPO and Apollo Global Securities was co-manager.

Sun Country Airlines trades on the NASDAQ under the ticker symbol "SNCY."

Shares of SNCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SNCY stock can currently be purchased for approximately $14.84.

Sun Country Airlines (NASDAQ:SNCY) has a market capitalization of $831.19 million and generates $894.44 million in revenue each year. The company earns $17.68 million in net income (profit) each year or $1.29 on an earnings per share basis.

The company employs 2,749 workers across the globe.

Sun Country Airlines' mailing address is 2005 CARGO ROAD, MINNEAPOLIS MN, 55450. The official website for the company is www.suncountry.com. The company can be reached via phone at 651-681-3900 or via email at ir@suncountry.com.