Sun Country Airlines (NASDAQ:SNCY) Price Target Raised to $14.00 at Susquehanna

Sun Country Airlines (NASDAQ:SNCY) had its price target upped by Susquehanna from $11.00 to $14.00 in a research note issued to investors on Monday, Benzinga reports. Susquehanna currently has a neutral rating on the stock.

Separately, Wolfe Research upgraded Sun Country Airlines from a “peer perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a report on Tuesday, October 8th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $17.80.

Sun Country Airlines Trading Down 4.5 %

NASDAQ SNCY opened at $14.42 on Monday. The company has a fifty day simple moving average of $11.43 and a two-hundred day simple moving average of $11.50. The stock has a market cap of $763.39 million, a P/E ratio of 17.80, a P/E/G ratio of 0.75 and a beta of 1.48. Sun Country Airlines has a 12-month low of $9.22 and a 12-month high of $17.56. The company has a current ratio of 0.59, a quick ratio of 0.57 and a debt-to-equity ratio of 0.96.

Sun Country Airlines (NASDAQ:SNCY) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.06 EPS for the quarter, hitting analysts’ consensus estimates of $0.06. The company had revenue of $249.50 million during the quarter, compared to analysts’ expectations of $250.30 million. Sun Country Airlines had a return on equity of 9.00% and a net margin of 4.25%. The firm’s revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. On average, analysts forecast that Sun Country Airlines will post 0.9 earnings per share for the current year.

Insiders Place Their Bets

In other Sun Country Airlines news, VP John Gyurci sold 3,000 shares of the company’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $11.30, for a total transaction of $33,900.00. Following the transaction, the vice president now directly owns 14,407 shares in the company, valued at $162,799.10. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 7,788 shares of company stock worth $85,852 over the last ninety days. Corporate insiders own 4.60% of the company’s stock.

Institutional Trading of Sun Country Airlines

A number of large investors have recently modified their holdings of the stock. LSV Asset Management increased its holdings in Sun Country Airlines by 32.2% in the first quarter. LSV Asset Management now owns 252,458 shares of the company’s stock valued at $3,810,000 after buying an additional 61,558 shares during the last quarter. GSA Capital Partners LLP increased its holdings in Sun Country Airlines by 199.6% in the first quarter. GSA Capital Partners LLP now owns 99,057 shares of the company’s stock valued at $1,495,000 after buying an additional 65,991 shares during the last quarter. DekaBank Deutsche Girozentrale purchased a new position in Sun Country Airlines in the first quarter valued at $66,000. Algert Global LLC increased its holdings in Sun Country Airlines by 207.3% in the second quarter. Algert Global LLC now owns 360,273 shares of the company’s stock valued at $4,525,000 after buying an additional 243,028 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in Sun Country Airlines by 1.6% in the first quarter. Vanguard Group Inc. now owns 4,677,081 shares of the company’s stock valued at $70,577,000 after buying an additional 75,252 shares during the last quarter.

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.