Sun Country Airlines (NASDAQ:SNCY) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Sun Country Airlines (NASDAQ:SNCY) issued its quarterly earnings data on Tuesday. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06, Zacks reports. Sun Country Airlines had a net margin of 4.25% and a return on equity of 9.00%. The firm had revenue of $260.40 million during the quarter, compared to the consensus estimate of $258.04 million. During the same quarter in the previous year, the firm posted $0.12 EPS. The company’s revenue for the quarter was up 6.1% compared to the same quarter last year. Sun Country Airlines updated its Q1 2025 guidance to EPS.

Sun Country Airlines Trading Down 0.9 %

SNCY stock opened at $15.82 on Thursday. The company has a market capitalization of $837.51 million, a price-to-earnings ratio of 19.53, a PEG ratio of 0.38 and a beta of 1.46. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.59 and a quick ratio of 0.57. Sun Country Airlines has a 1-year low of $9.22 and a 1-year high of $17.75. The business has a 50 day simple moving average of $15.44 and a two-hundred day simple moving average of $13.11.

Analyst Ratings Changes

SNCY has been the subject of several recent research reports. The Goldman Sachs Group reissued a “neutral” rating and set a $17.00 price target on shares of Sun Country Airlines in a report on Friday, November 15th. JPMorgan Chase & Co. initiated coverage on Sun Country Airlines in a research note on Wednesday, January 22nd. They set an “overweight” rating and a $23.00 price objective for the company. Barclays increased their target price on shares of Sun Country Airlines from $20.00 to $24.00 and gave the stock an “overweight” rating in a report on Thursday, November 14th. Finally, Susquehanna lifted their price target on shares of Sun Country Airlines from $14.00 to $16.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.29.

Insider Transactions at Sun Country Airlines

In other news, VP John Gyurci sold 6,000 shares of Sun Country Airlines stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $17.13, for a total value of $102,780.00. Following the sale, the vice president now directly owns 11,618 shares of the company’s stock, valued at approximately $199,016.34. The trade was a 34.06 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Erin Rose Neale sold 1,738 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $14.88, for a total value of $25,861.44. Following the transaction, the senior vice president now directly owns 30,142 shares of the company’s stock, valued at approximately $448,512.96. The trade was a 5.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 242,279 shares of company stock valued at $4,031,056. 4.60% of the stock is currently owned by corporate insiders.

About Sun Country Airlines

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.