Sun Country Airlines (SNCY) to Release Earnings on Monday

Sun Country Airlines (NASDAQ:SNCY) will release its earnings data after the market closes on Monday, May 6th. Analysts expect Sun Country Airlines to post earnings of $0.69 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Sun Country Airlines (NASDAQ:SNCY) last released its quarterly earnings results on Wednesday, January 31st. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.06. The business had revenue of $245.54 million during the quarter, compared to analyst estimates of $248.82 million. Sun Country Airlines had a return on equity of 15.23% and a net margin of 6.88%. On average, analysts expect Sun Country Airlines to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Sun Country Airlines Trading Up 0.4 %

SNCY opened at $13.85 on Friday. The business has a 50 day simple moving average of $14.41 and a two-hundred day simple moving average of $14.55. The firm has a market capitalization of $738.07 million, a price-to-earnings ratio of 11.35, a PEG ratio of 0.47 and a beta of 1.63. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.65 and a quick ratio of 0.63. Sun Country Airlines has a one year low of $11.96 and a one year high of $23.80.

Insider Transactions at Sun Country Airlines

In other news, CEO Jude Bricker sold 2,145 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $14.35, for a total value of $30,780.75. Following the completion of the transaction, the chief executive officer now owns 124,991 shares of the company’s stock, valued at approximately $1,793,620.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders sold 5,073 shares of company stock valued at $72,944. Corporate insiders own 3.50% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on SNCY. Barclays upped their price target on Sun Country Airlines from $18.00 to $20.00 and gave the company an “overweight” rating in a research report on Monday, February 5th. Susquehanna reaffirmed a “neutral” rating and set a $15.00 price target (down previously from $17.00) on shares of Sun Country Airlines in a research report on Wednesday, January 10th. Finally, Morgan Stanley raised Sun Country Airlines from an “equal weight” rating to an “overweight” rating and set a $21.00 target price for the company in a research report on Monday, February 26th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $19.60.

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.