Sun Country Airlines Holdings Inc (NASDAQ: SNCY) is -24.83% lower on its value in year-to-date trading and has touched a low of $8.10 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 $9.83 in the last trading session, with the day’s gains setting it 1.13%.
Currently trading at $10.96, the stock is 12.41% and -10.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing 11.50% at the moment leaves the stock -16.08% off its SMA200. SNCY registered -17.66% loss for a year compared to 6-month loss of -12.88%. The firm has a 50-day simple moving average (SMA 50) of $12.3008 and a 200-day simple moving average (SMA200) of $13.0593.
The stock witnessed a -10.68% gain in the last 1 month and extending the period to 3 months gives it a -35.38%, and is 16.35% up 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 7.19% over the week and 8.89% over the month.
Sun Country Airlines Holdings Inc (SNCY) has around 3141 employees, a market worth around $583.18M and $1.09B in sales. Current P/E ratio is 11.20 and Fwd P/E is 5.08. Profit margin for the company is 4.96%. Distance from 52-week low is 35.31% and -41.04% from its 52-week high. The company has generated returns on investments over the last 12 months (4.98%).
with sales reaching $260.33M over the same period.The EPS is expected to grow by 38.30% this year, but quarterly earnings will post 4.90% year-over-year. Quarterly sales are estimated to grow 2.34% in year-over-year returns.
Sun Country Airlines Holdings Inc (SNCY) Top Institutional Holders
258.0 institutions hold shares in Sun Country Airlines Holdings Inc (SNCY), with institutional investors hold 104.48% of the company’s shares. The shares outstanding are 53.20M, and float is at 46.81M with Short Float at 7.36%. Institutions hold 99.27% 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 13.1819 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.62 million shares representing 10.6651% 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 Whitney Grant, the company’s Chief Revenue Officer & SVP. SEC filings show that Whitney Grant sold 883 shares of the company’s common stock on Apr 02 ’25 at a price of $11.38 per share for a total of $10049.0. Following the sale, the insider now owns 28086.0 shares.
Sun Country Airlines Holdings Inc disclosed in a document filed with the SEC on Apr 01 ’25 that Whitney Grant (Chief Revenue Officer & SVP) sold a total of 404 shares of the company’s common stock. The trade occurred on Apr 01 ’25 and was made at $12.06 per share for $4871.0. Following the transaction, the insider now directly holds 28969.0 shares of the SNCY stock.
Still, SEC filings show that on Apr 01 ’25, Neale Erin Rose (SVP, GC, and Secretary) disposed off 798 shares at an average price of $12.03 for $9601.0. The insider now directly holds 34,660 shares of Sun Country Airlines Holdings Inc (SNCY).
