Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Given Average Rating of “Hold” by Brokerages

Shares of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) have received a consensus rating of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $19.5714.

A number of research analysts recently commented on the stock. TD Cowen lowered shares of Sun Country Airlines from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 11th. Wolfe Research lowered shares of Sun Country Airlines from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 20th. Citigroup upped their price target on shares of Sun Country Airlines from $18.00 to $20.00 and gave the company a “neutral” rating in a research note on Friday, March 20th. Zacks Research lowered shares of Sun Country Airlines from a “hold” rating to a “strong sell” rating in a research note on Monday, April 13th. Finally, Weiss Ratings lowered shares of Sun Country Airlines from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, April 29th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. SummerHaven Investment Management LLC grew its position in shares of Sun Country Airlines by 1.3% during the 3rd quarter. SummerHaven Investment Management LLC now owns 63,294 shares of the company’s stock worth $748,000 after purchasing an additional 806 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Sun Country Airlines by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,487 shares of the company’s stock worth $289,000 after purchasing an additional 1,014 shares in the last quarter. New York State Teachers Retirement System grew its position in shares of Sun Country Airlines by 7.7% during the 3rd quarter. New York State Teachers Retirement System now owns 17,895 shares of the company’s stock worth $211,000 after purchasing an additional 1,284 shares in the last quarter. Legal & General Group Plc grew its position in shares of Sun Country Airlines by 2.1% during the 2nd quarter. Legal & General Group Plc now owns 68,113 shares of the company’s stock worth $800,000 after purchasing an additional 1,395 shares in the last quarter. Finally, Sei Investments Co. grew its position in shares of Sun Country Airlines by 10.7% during the 2nd quarter. Sei Investments Co. now owns 17,829 shares of the company’s stock worth $210,000 after purchasing an additional 1,721 shares in the last quarter.

Sun Country Airlines Price Performance

Shares of SNCY opened at $16.17 on Tuesday. Sun Country Airlines has a 52 week low of $10.14 and a 52 week high of $22.29. The firm has a market cap of $876.41 million, a P/E ratio of 22.15, a price-to-earnings-growth ratio of 0.74 and a beta of 1.40. The firm’s 50-day simple moving average is $16.63 and its 200 day simple moving average is $16.17. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.80 and a current ratio of 0.83.

Sun Country Airlines Company Profile

Sun Country Airlines (NASDAQ: SNCY) is an American ultra-low-cost carrier providing a blend of scheduled and charter passenger services. The carrier focuses on leisure markets, offering nonstop flights to sun and ski destinations across the United States, Mexico and the Caribbean. In addition to its scheduled network, Sun Country operates charter services for sports teams, corporate groups and tour operators, as well as seasonal cargo charters that support e-commerce peak periods.

Founded in 1982 and headquartered in Minneapolis, Minnesota, Sun Country has navigated multiple ownership and restructuring phases.