Sun Country Airlines Stock Today
| SNCY Stock | USD 14.29 0.53 3.58% |
Performance1 of 100
| Odds Of DistressOver 58
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Sun Country is trading at 14.29 as of the 25th of April 2024; that is -3.58% down since the beginning of the trading day. The stock's open price was 14.82. Sun Country has over 58 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Sun Country Airlines are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 17th of March 2021 | Category Industrials |
Sun Country Airlines Holdings, Inc., an air carrier company, provides scheduled passenger, air cargo, charter air transportation, and related services in the United States, Latin America, and internationally. Sun Country Airlines Holdings, Inc. was founded in 1983 and is headquartered in Minneapolis, Minnesota. The company has 53.29 M outstanding shares of which 2.28 M shares are at this time shorted by private and institutional investors with about 3.21 trading days to cover. More on Sun Country Airlines
Sun Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Sun Country's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Sun Country or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CFO | David Davis | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Passenger Airlines, Transportation, Industrials, ARCA Airline, NASDAQ Composite, SP Small-Cap 600, Sport Products, Airlines, Railroads, Industrials, Passenger Airlines, Airlines, Industrials (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering Sun Country report their recommendations after researching Sun Country's financial statements, talking to executives and customers, or listening in on Sun Country's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Sun Country Airlines. The Sun consensus assessment is calculated by taking the average forecast from all of the analysts covering Sun Country. | |||||
Sun Country's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Sun Country's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sun Country's financial leverage. It provides some insight into what part of Sun Country's total assets is financed by creditors.
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Sun Country Airlines (SNCY) is traded on NASDAQ Exchange in USA. It is located in 2005 Cargo Road, Minneapolis, MN, United States, 55450 and employs 2,783 people. Sun Country is listed under Passenger Airlines category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 735.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Sun Country's market, we take the total number of its shares issued and multiply it by Sun Country's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Sun Country Airlines conducts business under Passenger Airlines sector and is part of Industrials industry. The entity has 53.29 M outstanding shares of which 2.28 M shares are at this time shorted by private and institutional investors with about 3.21 trading days to cover.
Sun Country Airlines currently holds about 289.58 M in cash with 174.12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.98.
Check Sun Country Probability Of Bankruptcy
Ownership AllocationSun Country maintains a total of 53.29 Million outstanding shares. The majority of Sun Country Airlines outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sun Country to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sun Country Airlines. Please pay attention to any change in the institutional holdings of Sun Country Airlines as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Sun Ownership Details
Sun Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Sun Country jumping above the current price in 90 days from now is about 66.59%. The Sun Country Airlines probability density function shows the probability of Sun Country stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8961. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sun Country will likely underperform. Additionally, sun Country Airlines has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Sun Country to move above the current price in 90 days from now is about 66.59 (This Sun Country Airlines probability density function shows the probability of Sun Stock to fall within a particular range of prices over 90 days) .
Sun Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Sun Country that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sun Country's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sun Country's value.| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2023-12-31 | 1.2 M | |
| Fmr Inc | 2023-12-31 | 1 M | |
| Citadel Advisors Llc | 2023-09-30 | 944.2 K | |
| Emerald Advisers, Llc | 2023-12-31 | 942.5 K | |
| Geode Capital Management, Llc | 2023-12-31 | 873.6 K | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 842.3 K | |
| Emerald Mutual Fund Advisers Trust | 2023-12-31 | 769.7 K | |
| Balyasny Asset Management Llc | 2023-12-31 | 509.3 K | |
| Ameriprise Financial Inc | 2023-12-31 | 457.6 K | |
| Apollo Management Holdings, L.p. | 2023-12-31 | 11.4 M | |
| Blackrock Inc | 2023-12-31 | 6.1 M |
Sun Country Historical Income Statement
Sun Country Airlines Income Statement is one of the three primary financial statements used for reporting Sun's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sun Country Airlines revenue and expense. Sun Country Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Sun Country's EBIT is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 35.8 M in 2024, whereas Interest Expense is likely to drop slightly above 25.5 M in 2024. View More FundamentalsSun Stock Against Markets
Picking the right benchmark for Sun Country stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Sun Country stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Sun Country is critical whether you are bullish or bearish towards Sun Country Airlines at a given time. Please also check how Sun Country's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sun Country without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Sun Country Corporate Management
Elected by the shareholders, the Sun Country's board of directors comprises two types of representatives: Sun Country inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sun. The board's role is to monitor Sun Country's management team and ensure that shareholders' interests are well served. Sun Country's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sun Country's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rose Neale | General VP | Profile | |
| Eric Levenhagen | Senior Officer | Profile | |
| Jude Bricker | CEO Director | Profile | |
| Grant Whitney | Chief VP | Profile | |
| Jeffrey Mader | Chief VP | Profile | |
| Kelsey DodsonSmith | VP Marketing | Profile |
How to buy Sun Stock?
Before investing in Sun Country, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Sun Country. To buy Sun Country stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Sun Country. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Sun Country stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Sun Country Airlines stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Sun Country Airlines stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Sun Country Airlines, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Sun Stock please use our How to Invest in Sun Country guide.
Already Invested in Sun Country Airlines?
The danger of trading Sun Country Airlines is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sun Country is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sun Country. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sun Country Airlines is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Sun Country Airlines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Country's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sun Country Airlines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Country Airlines Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sun Country Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Sun Country Airlines information on this page should be used as a complementary analysis to other Sun Country's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Sun Stock analysis
When running Sun Country's price analysis, check to measure Sun Country's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Country is operating at the current time. Most of Sun Country's value examination focuses on studying past and present price action to predict the probability of Sun Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Country's price. Additionally, you may evaluate how the addition of Sun Country to your portfolios can decrease your overall portfolio volatility.
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Is Sun Country's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sun Country. If investors know Sun will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sun Country listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Earnings Share 1.23 | Revenue Per Share 18.91 | Quarterly Revenue Growth 0.081 | Return On Assets 0.0506 |
The market value of Sun Country Airlines is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Country's value that differs from its market value or its book value, called intrinsic value, which is Sun Country's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sun Country's market value can be influenced by many factors that don't directly affect Sun Country's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sun Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Country's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.