Sun Country Airlines Holdings Inc (NASDAQ: SNCY) is -12.14% lower on its value in year-to-date trading and has touched a low of $9.22 and a high of $18.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SNCY stock was last observed hovering at around $12.82 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $12.81, the stock is -18.79% and -19.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing -0.08% at the moment leaves the stock -2.28% off its SMA200. SNCY registered -8.50% loss for a year compared to 6-month gain of 17.20%. The firm has a 50-day simple moving average (SMA 50) of $16.0074 and a 200-day simple moving average (SMA200) of $13.1089.
The stock witnessed a -24.96% loss in the last 1 month and extending the period to 3 months gives it a -11.47%, and is -13.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.21% over the week and 5.53% over the month.
Sun Country Airlines Holdings Inc (SNCY) has around 3141 employees, a market worth around $680.96M and $1.08B in sales. Current P/E ratio is 13.39 and Fwd P/E is 5.12. Profit margin for the company is 4.92%. Distance from 52-week low is 38.94% and -31.08% from its 52-week high. The company has generated returns on investments over the last 12 months (4.91%).
The EPS is expected to grow by 70.40% this year
252.0 institutions hold shares in Sun Country Airlines Holdings Inc (SNCY), with institutional investors hold 103.94% of the company’s shares. The shares outstanding are 53.16M, and float is at 46.76M with Short Float at 12.61%. Institutions hold 99.19% of the Float.
The top institutional shareholder in the company is APOLLO MANAGEMENT HOLDINGS, L.P. with over 11.16 million shares valued at $140.18 million. The investor’s holdings represent 21.1828 of the SNCY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.95 million shares valued at $87.23 million to account for 13.0961 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.62 million shares representing 10.5957 and valued at over $70.58 million, while MACQUARIE GROUP LTD holds 5.9436 of the shares totaling 3.13 million with a market value of $39.33 million.
Sun Country Airlines Holdings Inc (SNCY) Insider Activity
The most recent transaction is an insider sale by SCA Horus Holdings, LLC, the company’s. SEC filings show that SCA Horus Holdings, LLC sold 6,346,105 shares of the company’s common stock on Feb 11 ’25 at a price of $15.85 per share for a total of $100.59 million. Following the sale, the insider now owns 0.0 shares.
Sun Country Airlines Holdings Inc disclosed in a document filed with the SEC on Feb 10 ’25 that Gyurci John (Chief Acct. Off. & VP, Finance) sold a total of 9 shares of the company’s common stock. The trade occurred on Feb 10 ’25 and was made at $17.13 per share for $154.0. Following the transaction, the insider now directly holds 11618.0 shares of the SNCY stock.
Still, SEC filings show that on Feb 10 ’25, Gyurci John (Officer) Proposed Sale 9 shares at an average price of $17.13 for $154.0. The insider now directly holds shares of Sun Country Airlines Holdings Inc (SNCY).
