With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.82 million shares. The 52-week range on SNCY shows that it touched its highest point at $18.59 and its lowest point at $9.22 during that stretch. It currently has a 1-year price target of $21.22. Beta for the stock currently stands at 1.47.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SNCY was down-trending over the past week, with a drop of -7.38%, but this was down by -7.76% over a month. Three-month performance surged to 12.56% while six-month performance rose 47.65%. The stock lost -1.07% in the past year, while it has gained 7.54% so far this year. A look at the trailing 12-month EPS for SNCY yields 0.96 with Next year EPS estimates of 2.49. For the next quarter, that number is 0.81. This implies an EPS growth rate of 76.72% for this year and 34.32% for next year. EPS is expected to grow by 44.77% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.58%.
Float and Shares Shorts:
At present, 53.16 million SNCY shares are outstanding with a float of 46.76 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SNCY since 7 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.01925 being high and $0.95987 being low. For SNCY, this leads to a yearly average estimate of $0.98956. Based on analyst estimates, the high estimate for the next quarter is $0.38 and the low estimate is $0.28. The average estimate for the next quarter is thus $0.33.
Summary of Insider Activity:
Insiders traded SNCY stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
