Sun Country Airlines Holdings (SNCY) AI Stock Analysis

• Market Cap: $619.66M
• Dividend Yield: N/A
• Average Volume (3M): 873.35K
• Price to Earnings (P/E): 11.4
• Beta (1Y): 1.06
• Revenue Growth: 4.27%
• EPS Growth: 28.47%
• Country: US
• Employees: 3,124
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 0.07
• Shares Outstanding: 52,714,634
• 10 Day Avg. Volume: 742,052
• 30 Day Avg. Volume: 873,346
• PEG Ratio: -0.63
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 0.72
• P/FCF Ratio: 6.56
• Enterprise Value/Market Cap: 1.65
• Enterprise Value/Revenue: 0.92
• Enterprise Value/Gross Profit: 1.63
• Enterprise Value/Ebitda: 4.42
• 1Y Price Target: $19.00
• Price Target Upside: 67.11% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): 1.1
• Revenue Forecast (FY): $1.12B

• Rating: 68 Neutral
• Price Target: $13.50 ▲(18.73% Upside)

Sun Country Airlines demonstrates strong financial performance with robust revenue growth and profitability. The earnings call provided a positive outlook, particularly in cargo and charter segments, despite some cost pressures. Technical indicators suggest a neutral trend, and the valuation appears attractive with a low P/E ratio.

Positive Factors

Cargo Revenue Growth

The significant growth in cargo revenue highlights Sun Country's successful expansion in this segment, providing a durable revenue stream that can offset fluctuations in passenger travel demand.

Charter Segment Expansion

The robust growth in the charter segment underscores Sun Country's strategic diversification, enhancing its market position and reducing reliance on scheduled passenger services.

Operational Reliability

High operational reliability reflects strong management and operational efficiency, which are critical for maintaining customer trust and long-term competitive advantage.

Negative Factors

Scheduled Service Decline

The decline in scheduled service capacity could limit growth in this core segment, potentially impacting long-term revenue if not addressed with strategic adjustments.

Increased Operating Expenses

Rising operating expenses, particularly in maintenance and labor, could pressure margins and reduce profitability, challenging cost management strategies over the long term.

Higher Maintenance and Labor Costs

The increase in maintenance and labor costs highlights potential vulnerabilities in cost control, which could affect financial performance if not mitigated.

Sun Country Airlines Holdings Business Overview & Revenue Model

Company Description

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. As of December 31, 2021, the company operated a fleet of 48 aircraft, including 36 passenger and 12 cargo aircraft. Sun Country Airlines Holdings, Inc. was founded in 1983 and is headquartered in Minneapolis, Minnesota.

How the Company Makes Money

Sun Country Airlines generates revenue primarily through the sale of airline tickets for its scheduled flights, which is its main revenue stream. The airline employs a low-cost model, leveraging efficiencies to keep operational costs down while offering competitive fares to attract price-sensitive travelers. Additional revenue is earned through ancillary services, such as baggage fees, seat selection, and in-flight services. The company also benefits from charter services, which cater to sports teams, corporate groups, and other organizations needing tailored travel solutions. Partnerships with travel agencies and online travel platforms further enhance its distribution capabilities, contributing to its earnings. Seasonal demand and strategic marketing efforts are crucial in maximizing revenue during peak travel periods, while the diversification of services, including bundled vacation packages, provides customers with added value and encourages higher spending.

Sun Country Airlines Holdings Financial Statement Overview

Summary

Sun Country Airlines shows strong revenue growth and profitability with improving leverage ratios. However, the decline in free cash flow growth poses a potential risk to future financial flexibility.

Income Statement

Sun Country Airlines has demonstrated strong revenue growth with a 55.2% increase in TTM, indicating a robust recovery and expansion. The gross profit margin of 46.63% and net profit margin of 5.35% reflect solid profitability, although there is room for improvement in net margins. EBIT and EBITDA margins are healthy at 8.94% and 17.78% respectively, showcasing efficient operational management.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.42 in TTM, indicating a reduction in leverage compared to previous years, which enhances financial stability. Return on equity is strong at 13.64%, reflecting effective use of equity to generate profits. However, the equity ratio of 38.04% suggests moderate reliance on debt financing, which could pose risks if not managed carefully.

Cash Flow

Operating cash flow remains robust, with a high operating cash flow to net income ratio of 401.58%, indicating strong cash generation relative to net income. However, free cash flow has declined significantly by 50.43% in TTM, which could impact future investments and debt servicing. The free cash flow to net income ratio of 93.60% is positive, but the decline in free cash flow growth is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.11B	1.08B	1.05B	894.44M	623.01M	401.49M
Gross Profit	628.95M	748.96M	269.17M	177.74M	133.17M	18.11M
EBITDA	231.55M	210.58M	226.24M	122.64M	200.21M	65.48M
Net Income	58.10M	52.90M	72.18M	17.68M	81.25M	-3.90M
Balance Sheet
Total Assets	1.60M	1.63B	1.62B	1.52B	1.38B	1.05B
Cash, Cash Equivalents and Short-Term Investments	111.80K	187.27M	187.41M	271.02M	315.62M	67.65M
Total Debt	249.80K	619.03M	697.78M	629.66M	545.62M	536.83M
Total Liabilities	993.70K	1.06B	1.11B	1.03B	889.83M	769.45M
Stockholders Equity	610.20K	570.37M	514.40M	492.71M	490.59M	283.82M
Cash Flow
Free Cash Flow	134.90M	117.53M	-44.04M	-60.48M	35.70M	-95.92M
Operating Cash Flow	168.76M	164.86M	174.12M	127.44M	152.00M	374.00K
Investing Cash Flow	14.62M	8.40M	-171.23M	-349.33M	-117.00M	-96.03M
Financing Cash Flow	-115.99M	-136.47M	-42.14M	7.03M	212.40M	101.54M

Sun Country Airlines Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.37
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SNCY, the sentiment is Negative. The current price of 11.37 is below the 20-day moving average (MA) of 11.94, below the 50-day MA of 12.00, and below the 200-day MA of 12.35, indicating a bearish trend. The MACD of 0.05 indicates Positive momentum. The RSI at 42.96 is Neutral, neither overbought nor oversold. The STOCH value of 10.87 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SNCY.

Sun Country Airlines Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNCY	68 Neutral	$619.66M	11.39	9.99%	―	4.27%	28.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
LUV	61 Neutral	$16.47B	48.54	4.22%	2.25%	0.65%	―
ALGT	52 Neutral	$1.15B	―	-25.37%	―	3.29%	-983.31%
VLRS	49 Neutral	$753.99M	―	-21.54%	―	-6.02%	-132.85%
JBLU	45 Neutral	$1.47B	―	-19.09%	―	-2.49%	47.88%
ULCC	44 Neutral	$843.68M	―	-27.87%	―	1.77%	-1964.48%

Sun Country Airlines Holdings Corporate Events

Sun Country Airlines Reports Strong Cargo and Charter Growth

Sun Country Airlines Holdings, Inc. recently held its earnings call, revealing a generally positive sentiment with notable growth in the cargo and charter segments. The company continues to maintain profitability and operational reliability, despite facing challenges in its scheduled service segment and increased operating costs, particularly in maintenance and labor.

Sun Country Airlines Achieves Record Third-Quarter Revenue

Sun Country Airlines Holdings, Inc. is a hybrid low-cost air carrier based in Minnesota, offering passenger and cargo services across the United States and to international destinations. The company reported its highest third-quarter revenue on record, amounting to $256 million, with a GAAP diluted EPS of $0.03 and an adjusted EPS of $0.07. This marks the thirteenth consecutive profitable quarter for Sun Country Airlines.

Sun Country Airlines Announces Executive Departure

On October 24, 2025, Sun Country Airlines Holdings announced the departure of Grant Whitney, their Senior Vice President & Chief Revenue Officer, effective October 20, 2025. Whitney’s exit was amicable, and his responsibilities will be redistributed among the senior leadership team. He will receive separation benefits, including a continuation of his salary for 12 months and medical and dental coverage through COBRA, contingent upon compliance with certain conditions.

The most recent analyst rating on (SNCY) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Sun Country Airlines Holdings stock, see the SNCY Stock Forecast page.

Sun Country Airlines Secures $108 Million Term Loan

On September 26, 2025, Sun Country Airlines entered into a $108 million Term Loan Facility Agreement to refinance existing loans and aircraft, and for general corporate purposes. The facility, secured by aircraft and associated leases, will be drawn in two parts, with the first borrowing completed on the closing date and the second by December 19, 2025. This financial move is expected to impact Sun Country’s operations by enhancing its fleet management and financial flexibility, with implications for stakeholders including potential prepayment provisions and default events.

The most recent analyst rating on (SNCY) stock is a Buy with a $18.00 price target. To see the full list of analyst forecasts on Sun Country Airlines Holdings stock, see the SNCY Stock Forecast page.

Sun Country Airlines Appoints Wendy Schoppert to Board

On September 22, 2025, Sun Country Airlines announced the appointment of Wendy Schoppert to its Board of Directors, effective October 1, 2025. Schoppert brings extensive experience from various industries, including retail, consumer products, financial services, and health care, and has held significant roles at companies like The ODP Corporation and Sleep Number. Her appointment is expected to enhance Sun Country’s growth and strategic direction, leveraging her financial and governance expertise and her early career experience in the airline industry.

The most recent analyst rating on (SNCY) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Sun Country Airlines Holdings stock, see the SNCY Stock Forecast page.

Sun Country Airlines Appoints New CFO Zubeck

On August 13, 2025, Sun Country Airlines Holdings announced the appointment of D. Torque Zubeck as Senior Vice President and Chief Financial Officer, effective September 2, 2025. Zubeck brings over 30 years of finance experience, including significant leadership roles in the airline sector, which is expected to strengthen the company’s financial operations and strategic positioning. His previous roles include CFO at Mesa Airlines and various positions at Alaska Airlines, where he played a key role in integrating Virgin America. The appointment is part of the company’s efforts to solidify its executive team and enhance its financial management capabilities.

The most recent analyst rating on (SNCY) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Sun Country Airlines Holdings stock, see the SNCY Stock Forecast page.

Sun Country Airlines Reports Record Q2 Revenue

Sun Country Airlines Holdings, Inc. is a hybrid low-cost air carrier based in Minnesota, offering passenger and cargo services across the United States and to international destinations. The company recently reported its financial results for the second quarter of 2025, highlighting a record revenue of $264 million, marking its highest second quarter on record. Sun Country Airlines achieved a GAAP diluted EPS of $0.12 and an adjusted diluted EPS of $0.14, continuing its streak of twelve consecutive profitable quarters.

Sun Country Airlines Reports Record Revenue and Growth

Sun Country Airlines recently held its earnings call, revealing a positive sentiment driven by record-breaking revenue and sustained profitability. The company showcased strong performance in its cargo and charter segments, although it faces challenges with elevated costs and reduced scheduled service capacity affecting short-term margins.