Sun Country Airlines Holdings Inc (SNCY) is expecting -6.97% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Sun Country Airlines Holdings Inc (NASDAQ: SNCY) opened higher 3.05% from the last session, before settling in for the closing price of $12.44. Price fluctuations for SNCY have ranged from $9.22 to $21.69 over the past 52 weeks.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Industrials Sector giant was 18.75%. Company’s average yearly earnings per share was noted -28.15% at the time writing. With a float of $40.69 million, this company’s outstanding shares have now reached $53.29 million.

Let’s determine the extent of company efficiency that accounts for 2783 employees.

Sun Country Airlines Holdings Inc (SNCY) Insider Activity

A key investor’s attitude towards the stock of the Airlines industry is another important factor to consider. The insider ownership of Sun Country Airlines Holdings Inc is 22.73%, while institutional ownership is 80.42%. The most recent insider transaction that took place on Jul 03 ’24, was worth 11,390. In this transaction Chief Revenue Officer & SVP of this company sold 894 shares at a rate of $12.74, taking the stock ownership to the 25,068 shares. Before that another transaction happened on Jul 02 ’24, when Company’s Chief Executive Officer sold 2,086 for $12.62, making the entire transaction worth $26,329. This insider now owns 122,905 shares in total.

Sun Country Airlines Holdings Inc (SNCY) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -28.15% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.48% during the next five years compared to 22.51% growth over the previous five years of trading.

Sun Country Airlines Holdings Inc (NASDAQ: SNCY) Trading Performance Indicators

Check out the current performance indicators for Sun Country Airlines Holdings Inc (SNCY). In the past quarter, the stock posted a quick ratio of 0.59. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.63. Likewise, its price to free cash flow for the trailing twelve months is 47.88.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.21, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 1.82 in one year’s time.

Technical Analysis of Sun Country Airlines Holdings Inc (SNCY)

Looking closely at Sun Country Airlines Holdings Inc (NASDAQ: SNCY), its last 5-days average volume was 0.44 million, which is a drop from its year-to-date volume of 0.62 million. As of the previous 9 days, the stock’s Stochastic %D was 75.15%. Additionally, its Average True Range was 0.54.

During the past 100 days, Sun Country Airlines Holdings Inc’s (SNCY) raw stochastic average was set at 60.20%, which indicates a significant decrease from 86.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.05% in the past 14 days, which was lower than the 48.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.47, while its 200-day Moving Average is $13.64. However, in the short run, Sun Country Airlines Holdings Inc’s stock first resistance to watch stands at $13.00. Second resistance stands at $13.17. The third major resistance level sits at $13.40. If the price goes on to break the first support level at $12.60, it is likely to go to the next support level at $12.37. Should the price break the second support level, the third support level stands at $12.20.

Sun Country Airlines Holdings Inc (NASDAQ: SNCY) Key Stats

There are currently 52,611K shares outstanding in the company with a market cap of 675.10 million. Presently, the company’s annual sales total 1,050 M according to its annual income of 72,180 K. Last quarter, the company’s sales amounted to 311,480 K and its income totaled 35,310 K.