Sun Country AirlinesSNCY
SNCY
About: Sun Country Airlines Holdings Inc operates low-cost air carriers. The business has two operating segments: Passenger and Cargo. The passenger segment has two internal passenger groups Scheduled service and Charter. The Cargo segment provides air cargo services. The majority of the revenue is from the passenger segment.
Employees: 2,965
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
99% more call options, than puts
Call options by funds: $526K | Put options by funds: $264K
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
5% more funds holding
Funds holding: 140 [Q2] → 147 (+7) [Q3]
2.65% more ownership
Funds ownership: 103.53% [Q2] → 106.18% (+2.65%) [Q3]
7% less capital invested
Capital invested by funds: $679M [Q2] → $629M (-$50.7M) [Q3]
12% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 52
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$14
7%
downside
Avg. target
$17.25
15%
upside
High target
$24
60%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Goldman Sachs Catherine O'Brien 29% 1-year accuracy 2 / 7 met price target | 13%upside $17 | Neutral Reinstated | 15 Nov 2024 |
Barclays Brandon Oglenski 41% 1-year accuracy 26 / 64 met price target | 60%upside $24 | Overweight Maintained | 14 Nov 2024 |
Susquehanna Christopher Stathoulopoulos 100% 1-year accuracy 18 / 18 met price target | 7%downside $14 | Neutral Maintained | 4 Nov 2024 |
Wolfe Research Hunter Keay 100% 1-year accuracy 2 / 2 met price target | 7%downside $14 | Outperform Upgraded | 8 Oct 2024 |
Financial journalist opinion
Based on 4 articles about SNCY published over the past 30 days
Positive
Seeking Alpha
3 weeks ago
Sun Country Airlines: Risk Shielded Business And Growth Make The Stock A Buy
Sun Country Airlines has mechanisms to shield financial results, resulting in a 23% stock gain, outperforming the S&P 500's 16% gain. Despite flat third quarter revenues, the company is shifting capacity from scheduled services to charter and cargo, enhancing future performance. I'm increasing my price target for Sun Country Airlines by 17% to $18.28, citing strong growth prospects and improved EBITDA estimates.
Positive
Zacks Investment Research
4 weeks ago
Sun Country Airlines Holdings, Inc. (SNCY) Just Flashed Golden Cross Signal: Do You Buy?
Sun Country Airlines Holdings, Inc. (SNCY) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, SNCY's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
Positive
Zacks Investment Research
4 weeks ago
Wall Street Analysts Believe Sun Country Airlines (SNCY) Could Rally 38.68%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 38.7% in Sun Country Airlines (SNCY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Positive
Zacks Investment Research
4 weeks ago
Sun Country Airlines (SNCY) Shows Fast-paced Momentum But Is Still a Bargain Stock
Sun Country Airlines (SNCY) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Positive
Zacks Investment Research
1 month ago
Does Sun Country Airlines (SNCY) Have the Potential to Rally 25.36% as Wall Street Analysts Expect?
The consensus price target hints at a 25.4% upside potential for Sun Country Airlines (SNCY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Positive
Zacks Investment Research
1 month ago
Are Investors Undervaluing Sun Country Airlines (SNCY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Positive
Zacks Investment Research
1 month ago
Can Sun Country Airlines (SNCY) Run Higher on Rising Earnings Estimates?
Sun Country Airlines (SNCY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Positive
Zacks Investment Research
1 month ago
Here Is Why Bargain Hunters Would Love Fast-paced Mover Sun Country Airlines (SNCY)
Sun Country Airlines (SNCY) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Neutral
Seeking Alpha
1 month ago
Sun Country Airlines Holdings, Inc (SNCY) Q3 2024 Earnings Call Transcript
Sun Country Airlines Holdings, Inc (NASDAQ:SNCY ) Q3 2024 Results Conference Call October 31, 2024 8:30 AM ET Company Participants Chris Allen - Director of Investor Relations Jude Bricker - Chief Executive Officer David Davis - President, Chief Financial Officer & Director Conference Call Participants Duane Pfennigwerth - Evercore ISI Brandon Oglenski - Barclays Shannon Doherty - Deutsche Bank Tom Fitzgerald - TD Cowen Scott Group - Wolfe Research Operator Welcome to the Sun Country Airlines Third Quarter 2024 Earnings Call. My name is Daniel, and I will be your operator for today's call.
Positive
Zacks Investment Research
1 month ago
Sun Country Airlines Holdings, Inc. (SNCY) Beats Q3 Earnings Estimates
Sun Country Airlines Holdings, Inc. (SNCY) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.14 per share a year ago.
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