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How to Buy Sun Country Airlines Holdings Stock

Sun Country Airlines Holdings Inc

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 stock last closed at $14.82, down 1.53% from the previous day, and has decreased 22.37% in one year. It has underperformed other stocks in the Airlines industry by 0.34 percentage points. Sun Country Airlines Holdings stock is currently +23.91% from its 52-week low of $11.96, and -37.73% from its 52-week high of $23.80.

At the moment, there are 53.29M shares of SNCY outstanding. The market capitalization of SNCY is $789.77M. In the last 24 hours, 330,573 SNCY shares were traded.

How to Buy Sun Country Airlines Holdings Stock

Wondering how to invest in Sun Country Airlines Holdings stock? Here's how.
  1. Figure out where to buy Sun Country Airlines Holdings stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Sun Country Airlines Holdings stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Select your method of payment and add your info.
  4. Research Sun Country Airlines Holdings stock: The Sun Country Airlines Holdings ticker symbol is SNCY. Is Sun Country Airlines Holdings stock a good investment? Should you buy shares of SNCY? How do SNCY's underlying business fundamentals look? Do top analysts think Sun Country Airlines Holdings is a good buy? Why has SNCY's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if SNCY is a good stock to buy).
  5. Place your SNCY buy order: Decide if you will purchase SNCY shares at the current market price or use a limit order to buy SNCY shares at a given price.
  6. Get key alerts regarding your SNCY position: Create a watchlist to get live updates on your position in Sun Country Airlines Holdings shares.

Step 1: Figure out where to buy Sun Country Airlines Holdings stock

You will need a brokerage account to access the NASDAQ market and buy SNCY stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in SNCY today.

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Step 3: Fund your brokerage account

Now that you have opened your account on the greatest app to buy stocks, you need to deposit funds:

Check out the video below to see the process of depositing funds into your new investment account.

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Step 4: Research Sun Country Airlines Holdings stock

After you have selected the best place to buy Sun Country Airlines Holdings stock, it's critical to research their stock prior to buying, so you can wrap your head around the risk and opportunity.

Sun Country Airlines Holdings stock quick numbers

SNCY Price
$14.82
1w %
4.73%
1y %
-22.37%
5y %
N/A
P/E
11.4x
P/B
1.54x
P/S
0.78x
PEG
0.15x
Revenue
$1.05B
Earnings
$72.18M
Fore. Rev. Growth
10.33%
Fore. Earn. Growth
86.88%
Market Cap
$789.77M
Next Earnings
Apr 25, 2024
Next Dividend
N/A

SNCY Overview

WallStreetZen was designed to help part-time investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on SNCY's stock page.

Is SNCY stock properly valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SNCY's fair value.

Using relative valuations ratios:

  • SNCY may be undervalued based on its P/E ratio of 11.4x, relative to Airlines industry P/E ratio of 15.85x
  • SNCY may be undervalued based on its P/B ratio of 1.54x, relative to Airlines industry P/B ratio of 2.93x
  • SNCY may be undervalued based on its PEG ratio of 0.15x

You can access additional valuation analysis on SNCY's stock here.

SNCY Financial Health Summary

Passed Health Checks:

  • SNCY has cash burn of 39087000. It has enough cash and short-term investments to cover this for at least one year.
  • SNCY profit margin has gone up from 2% to 6.9% in the past year.
  • SNCY has $204.81M in cash and short term investments. This is sufficient to cover its annual cash burn of $39.09M.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the SNCY balance sheet.
  • There are more long-term liabilities than short-term assets on the SNCY balance sheet.
  • SNCY has a relatively high debt to equity ratio of 2.16.

Is it a good time to buy SNCY stock, according to Wall Street analysts?

Out of 3 sell side analysts who give recommendations on SNCY, the consensus analyst rating on Sun Country Airlines Holdings is a Strong Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are forecasting on the Sun Country Airlines Holdings stock forecast page.

SNCY Technical Indicators

SMA10
14.62
SMA20
14.66
SMA50
14.66
SMA100
14.83
SMA200
15.39
MACD
0.09
MACD Signal
0.05
MACD Histogram
0.05
RSI
53.83
Stochastic %K
80.1
Stochastic %D
74.59
StochRSI %K
73.76
StochRSI %D
67.25

Is SNCY Growing Revenue?

Last year, SNCY earnings were $72.18M. Over the past 4 year, SNCY's earnings have gone up by 7.05% per year. This was faster than the Airlines industry average of -5.93%.

Last year, SNCY revenue was $1.05B. During the last four year, SNCY's revenue has grown by 10.6% per year. This was faster than the Airlines industry average of 5.23%.

You can research SNCY's earnings and revenue performance here.

Latest Insiders Trades at SNCY

In the last 12 months, insiders at SNCY have sold more shares than they have bought.

Erin Rose Neale, SVP GC and Secretary of SNCY, was the latest SNCY insider to sell. They sold $25,361.60 worth of SNCY stock on Apr 3, 2024.

Learn more about who owns SNCY shares here.

Does SNCY stock generate passive income?

No, Sun Country Airlines Holdings doesn't provide an income stream by paying out dividends.

What others are saying about SNCY

One of the reasons eToro is our favorite brokerage is because of its social trading community.

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Step 5: Place your SNCY buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price, place a limit order.

Hit the Open Trade button and eToro will place your order.

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Step 6: Get key alerts regarding your SNCY position

Now that you own some SNCY shares, you'll want to stay up-to-date on your investment.

Add SNCY to a watchlist to get notified of important updates regarding your SNCY stock.

SNCY Feed

How to Buy Stock in Sun Country Airlines Holdings

To summarize, here are the 6 steps you need to take to buy Sun Country Airlines Holdings stock right now:

  1. Figure out where to buy Sun Country Airlines Holdings stock
  2. Open your brokerage account
  3. Fund your brokerage account
  4. Research Sun Country Airlines Holdings stock
  5. Place your SNCY buy order
  6. Get key alerts regarding your SNCY position

If you are looking for a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your new investment in Sun Country Airlines Holdings, add SNCY to your watchlist by clicking the button below.

NASDAQ: SNCY
$14.82-0.23 (-1.53%)
Updated Apr 23, 2024
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NASDAQ: SNCY
$14.82-0.23 (-1.53%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Sun Country Airlines Holdings share?

As of Apr 23, 2024, it costs $14.82 to buy one share of Sun Country Airlines Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.472 shares of SNCY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Sun Country Airlines Holdings stock?

According to 3 Wall Street analysts who monitor Sun Country Airlines Holdings, their consensus recommendation is to buy Sun Country Airlines Holdings stock.

What is the best way to buy Sun Country Airlines Holdings stock?

One way to place an order for Sun Country Airlines Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.