12.45% percent quarterly performance for Sun Country Airlines Holdings Inc (SNCY) is not indicative of the underlying story

On Tuesday, Sun Country Airlines Holdings Inc (NASDAQ: SNCY) was 3.66% up from the session before settling in for the closing price of $10.37. A 52-week range for SNCY has been $9.22 – $17.56.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 18.75%. When this article was written, the company’s average yearly earnings per share was at -37.47%. With a float of $40.81 million, this company’s outstanding shares have now reached $53.29 million.

Considering the fact that the conglomerate employs 2783 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 18.06%, operating margin of 9.78%, and the pretax margin is 6.35%.

Sun Country Airlines Holdings Inc (SNCY) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sun Country Airlines Holdings Inc stocks. The insider ownership of Sun Country Airlines Holdings Inc is 22.72%, while institutional ownership is 80.40%. The most recent insider transaction that took place on Aug 01 ’24, was worth 60,293. In this transaction Chief Revenue Officer & SVP of this company sold 5,000 shares at a rate of $12.06, taking the stock ownership to the 25,068 shares. Before that another transaction happened on Aug 01 ’24, when Company’s Officer proposed sale 5,000 for $13.12, making the entire transaction worth $65,600.

Sun Country Airlines Holdings Inc (SNCY) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.14 earnings per share (EPS) during the time that was better than consensus figure (set at 0.14) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.11 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -37.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.49% 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

You can see what Sun Country Airlines Holdings Inc (SNCY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.54. Likewise, its price to free cash flow for the trailing twelve months is 10.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.90, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 1.63 in one year’s time.

Technical Analysis of Sun Country Airlines Holdings Inc (SNCY)

Compared to the last year’s volume of 0.62 million, its volume of 0.55 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.59%. Additionally, its Average True Range was 0.60.

During the past 100 days, Sun Country Airlines Holdings Inc’s (SNCY) raw stochastic average was set at 25.63%, which indicates a significant decrease from 88.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.13% in the past 14 days, which was higher than the 56.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.44, while its 200-day Moving Average is $13.31. Nevertheless, the first resistance level for the watch stands at $11.05 in the near term. At $11.35, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.77. If the price goes on to break the first support level at $10.34, it is likely to go to the next support level at $9.92. Should the price break the second support level, the third support level stands at $9.62.

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

There are 52,611K outstanding shares of the company, which has a market capitalization of 567.71 million. As of now, sales total 1,050 M while income totals 72,180 K. Its latest quarter income was 254,380 K while its last quarter net income were 1,810 K.