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

Sun Country Airlines (NASDAQ:SNCY) issued its earnings results 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 company had revenue of $260.40 million for the quarter, compared to analysts’ expectations of $258.04 million. During the same period in the prior year, the firm earned $0.12 EPS. Sun Country Airlines’s quarterly revenue was up 6.1% compared to the same quarter last year. Sun Country Airlines updated its Q1 2025 guidance to EPS.

Sun Country Airlines Price Performance

Shares of Sun Country Airlines stock opened at $15.97 on Wednesday. The company has a 50-day simple moving average of $15.41 and a two-hundred day simple moving average of $13.09. Sun Country Airlines has a twelve month low of $9.22 and a twelve month high of $17.75. The stock has a market capitalization of $845.45 million, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 0.38 and a beta of 1.46. The company has a quick ratio of 0.57, a current ratio of 0.59 and a debt-to-equity ratio of 0.96.

Insiders Place Their Bets

In other news, SVP Erin Rose Neale sold 1,738 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $14.88, for a total transaction of $25,861.44. Following the sale, the senior vice president now directly owns 30,142 shares of the company’s stock, valued at approximately $448,512.96. This represents a 5.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP John Gyurci sold 40,000 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $15.61, for a total value of $624,400.00. Following the completion of the transaction, the vice president now directly owns 12,999 shares of the company’s stock, valued at approximately $202,914.39. This trade represents a 75.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 242,279 shares of company stock worth $4,031,056 in the last quarter. Corporate insiders own 4.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $17.00 price objective on shares of Sun Country Airlines in a research report on Friday, November 15th. Barclays raised their price target on Sun Country Airlines from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Thursday, November 14th. Susquehanna upped their price objective 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. Wolfe Research upgraded shares of Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price for the company in a research note on Tuesday, October 8th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Sun Country Airlines in a research note on Wednesday, January 22nd. They issued an “overweight” rating and a $23.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.29.

Sun Country Airlines Company Profile

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.