Sun Country Airlines Holdings (SNCY) AI Stock Analysis

• Market Cap: $658.46M
• Dividend Yield: N/A
• Average Volume (3M): 1.00M
• Price to Earnings (P/E): 11.7
• Beta (1Y): 0.99
• Revenue Growth: 3.76%
• EPS Growth: 17.44%
• Country: US
• Employees: 3,124
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 0.14
• Shares Outstanding: 53,316,380
• 10 Day Avg. Volume: 1,361,523
• 30 Day Avg. Volume: 1,004,145
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.60
• Enterprise Value/Revenue: 0.96
• Enterprise Value/Gross Profit: 2.05
• Enterprise Value/Ebitda: 5.37
• 1Y Price Target: $17.86
• Price Target Upside: 44.62% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 73 Outperform
• Price Target: $14.00 ▲(13.36% Upside)

Sun Country Airlines' overall stock score is driven by its solid financial performance and positive earnings call outlook, which highlight strong revenue growth and strategic expansion in the cargo segment. While technical indicators show mixed signals, the company's reasonable valuation and strategic initiatives provide a balanced investment opportunity.

Positive Factors

Cargo Segment Expansion

The significant growth in the cargo segment indicates a strong diversification strategy, enhancing revenue streams and reducing reliance on passenger services.

Financial Resilience

Consistent profitability underscores the robustness of Sun Country's business model, ensuring financial stability and capacity for strategic investments.

Long-term Revenue Outlook

The positive long-term revenue projection reflects confidence in strategic initiatives, supporting sustained growth and shareholder value.

Negative Factors

Scheduled Service Volume Reduction

Reduction in scheduled service volumes could impact market presence and customer satisfaction, potentially affecting future passenger revenue.

Unit Cost Pressures

Rising unit costs, driven by labor expenses, could pressure margins, challenging the company's ability to maintain competitive pricing.

Impact on Margins

The rapid expansion in the cargo segment may strain operational efficiency, affecting overall profitability and margin sustainability.

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 displays solid financial performance with consistent revenue growth, effective cost management, and strong cash flow generation. The company has managed to reduce leverage and improve profitability, though challenges remain in achieving higher net profit margins and optimizing debt levels.

Income Statement

Sun Country Airlines has demonstrated a steady growth trajectory in revenue, with a notable increase from $894 million in 2022 to $1.1 billion in TTM 2025. The gross profit margin has improved, reflecting efficient cost management. However, the net profit margin remains modest due to fluctuating EBIT and net income margins. Despite this, the company shows resilience, with EBITDA margins indicating effective management of operational costs.

Balance Sheet

The balance sheet reveals a stable equity position with a debt-to-equity ratio decreasing over the years, indicating improved leverage management. However, the equity ratio is relatively moderate, suggesting reliance on debt financing. The return on equity shows a gradual improvement, reflecting better profitability relative to shareholders' equity.

Cash Flow

Sun Country Airlines exhibits strong cash flow management, with positive free cash flow growth and a robust operating cash flow to net income ratio. The company has effectively managed capital expenditures, leading to an improved free cash flow position. These trends highlight strong cash generation capabilities and efficient use of capital.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.10B	1.08B	1.05B	894.44M	623.01M	401.49M
Gross Profit	513.04M	748.96M	269.17M	177.74M	133.17M	18.11M
EBITDA	195.65M	210.58M	226.24M	122.64M	200.21M	91.36M
Net Income	58.89M	52.90M	72.18M	17.68M	81.25M	-3.90M
Balance Sheet
Total Assets	1.55M	1.63B	1.62B	1.52B	1.38B	1.05B
Cash, Cash Equivalents and Short-Term Investments	37.00K	187.27M	187.41M	271.02M	315.62M	67.65M
Total Debt	256.10K	619.03M	697.78M	629.66M	545.62M	536.83M
Total Liabilities	939.10K	1.06B	1.11B	1.03B	889.83M	769.45M
Stockholders Equity	613.00K	570.37M	514.40M	492.71M	490.59M	283.82M
Cash Flow
Free Cash Flow	133.32M	117.53M	-44.04M	-60.50M	35.70M	-95.92M
Operating Cash Flow	142.44M	164.86M	174.12M	127.40M	152.00M	374.00K
Investing Cash Flow	-3.14M	8.40M	-171.23M	-349.30M	-117.00M	-96.03M
Financing Cash Flow	-139.83M	-136.47M	-42.14M	7.00M	212.40M	101.54M

Sun Country Airlines Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 12.35
• 50DMA: Positive
• 100DMA: Positive
• 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 12.35 is below the 20-day moving average (MA) of 13.01, above the 50-day MA of 12.34, and below the 200-day MA of 13.11, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of 10.89 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	73 Outperform	$658.46M	11.73	10.15%	―	3.76%	17.44%
VLRS	64 Neutral	781.23M	-23.65	-12.20%	―	-7.05%	-128.03%
ULCC	54 Neutral	1.17B	-34.68	-6.52%	―	4.60%	49.81%
ALGT	52 Neutral	1.12B	-3.84	-27.09%	―	3.17%	-1689.03%
JBLU	49 Neutral	1.85B	-4.66	-16.03%	―	-1.90%	61.06%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Sun Country Airlines Holdings Corporate Events

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.

Sun Country Airlines Holds Annual Stockholder Meeting

On June 11, 2025, Sun Country Airlines Holdings held its annual meeting of stockholders, where several key proposals were voted upon. The stockholders re-elected Thomas C. Kennedy, Gail Peterson, and Jennifer Vogel as Class I directors for a term expiring in 2028. Additionally, the compensation of the company’s named executive officers was approved on a non-binding, advisory basis, and KPMG LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.