Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY - Get Free Report) COO Gregory A. Mays sold 854 shares of the company's stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $12.60, for a total value of $10,760.40. Following the completion of the transaction, the chief operating officer now directly owns 68,280 shares in the company, valued at $860,328. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Sun Country Airlines Stock Down 2.3 %
Shares of NASDAQ:SNCY opened at $12.37 on Thursday. Sun Country Airlines Holdings, Inc. has a 1-year low of $9.22 and a 1-year high of $23.80. The company's fifty day moving average is $11.42 and its two-hundred day moving average is $13.51. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.59 and a current ratio of 0.61. The stock has a market capitalization of $650.79 million, a price-to-earnings ratio of 10.14, a price-to-earnings-growth ratio of 0.63 and a beta of 1.56.
Sun Country Airlines (NASDAQ:SNCY - Get Free Report) last issued its earnings results on Monday, May 6th. The company reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.02). The company had revenue of $311.50 million during the quarter, compared to analyst estimates of $316.23 million. Sun Country Airlines had a return on equity of 14.35% and a net margin of 6.48%. Sun Country Airlines's quarterly revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 earnings per share. Equities analysts anticipate that Sun Country Airlines Holdings, Inc. will post 1.11 EPS for the current year.
Hedge Funds Weigh In On Sun Country Airlines
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Hedge funds and other institutional investors have recently made changes to their positions in the business. DekaBank Deutsche Girozentrale bought a new stake in shares of Sun Country Airlines during the first quarter valued at about $66,000. Virtu Financial LLC acquired a new stake in Sun Country Airlines during the first quarter valued at approximately $155,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of Sun Country Airlines during the 1st quarter worth $645,000. Price T Rowe Associates Inc. MD boosted its position in shares of Sun Country Airlines by 15.9% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 20,414 shares of the company's stock valued at $309,000 after purchasing an additional 2,803 shares during the period. Finally, Lazard Asset Management LLC boosted its holdings in shares of Sun Country Airlines by 310.0% in the first quarter. Lazard Asset Management LLC now owns 10,341 shares of the company's stock worth $155,000 after buying an additional 7,819 shares during the period.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on SNCY shares. Morgan Stanley reissued an "overweight" rating and issued a $21.00 target price on shares of Sun Country Airlines in a research report on Thursday, June 20th. TD Cowen boosted their price objective on Sun Country Airlines from $17.00 to $20.00 and gave the company a "buy" rating in a report on Tuesday, June 25th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $19.67.
Read Our Latest Report on SNCY
Sun Country Airlines Company Profile
(
Get Free Report)
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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