Sun Country Airlines (NASDAQ:SNCY) Lowered to Buy Rating by Wall Street Zen

Wall Street Zen downgraded shares of Sun Country Airlines (NASDAQ:SNCY) from a strong-buy rating to a buy rating in a research report report published on Friday.

A number of other research firms have also commented on SNCY. Morgan Stanley decreased their price objective on shares of Sun Country Airlines from $21.00 to $20.00 and set an “overweight” rating for the company in a research note on Monday, August 4th. Susquehanna increased their target price on Sun Country Airlines from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Friday. JPMorgan Chase & Co. raised their target price on Sun Country Airlines from $18.00 to $23.00 and gave the stock an “overweight” rating in a research report on Friday, September 12th. Evercore ISI lifted their price target on Sun Country Airlines from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sun Country Airlines in a research note on Saturday, September 27th. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Sun Country Airlines has a consensus rating of “Moderate Buy” and a consensus price target of $18.13.

Sun Country Airlines Trading Up 0.5%

Shares of SNCY opened at $11.90 on Friday. The business’s 50-day moving average price is $12.28 and its 200 day moving average price is $11.74. The company has a current ratio of 0.63, a quick ratio of 0.59 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $634.51 million, a P/E ratio of 11.23, a P/E/G ratio of 0.28 and a beta of 1.59. Sun Country Airlines has a 1-year low of $8.10 and a 1-year high of $18.59.

Sun Country Airlines (NASDAQ:SNCY) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $263.62 million during the quarter, compared to analyst estimates of $256.04 million. Sun Country Airlines had a net margin of 5.35% and a return on equity of 10.53%. The business’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.06 earnings per share. Sun Country Airlines has set its Q3 2025 guidance at EPS. Analysts expect that Sun Country Airlines will post 1.92 earnings per share for the current year.

Insider Transactions at Sun Country Airlines

In other Sun Country Airlines news, VP John Gyurci sold 5,000 shares of the stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $13.18, for a total transaction of $65,900.00. Following the transaction, the vice president owned 25,109 shares in the company, valued at $330,936.62. This trade represents a 16.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 4.60% of the stock is owned by insiders.

Institutional Trading of Sun Country Airlines

Several large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in Sun Country Airlines by 1,728.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,158 shares of the company’s stock valued at $25,000 after buying an additional 2,040 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in Sun Country Airlines by 1,556.8% during the second quarter. Nisa Investment Advisors LLC now owns 4,490 shares of the company’s stock valued at $53,000 after acquiring an additional 4,219 shares during the period. GAMMA Investing LLC grew its position in shares of Sun Country Airlines by 493.1% in the second quarter. GAMMA Investing LLC now owns 4,757 shares of the company’s stock valued at $56,000 after purchasing an additional 3,955 shares during the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Sun Country Airlines in the second quarter worth about $59,000. Finally, Ameritas Investment Partners Inc. lifted its position in shares of Sun Country Airlines by 40.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,224 shares of the company’s stock worth $61,000 after purchasing an additional 1,504 shares during the last quarter.

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.