Sun Country Price To Earning vs. Price To Sales

SNCY Stock  USD 14.32  0.26  1.78%   
Based on the key profitability measurements obtained from Sun Country's financial statements, Sun Country Airlines may not be well positioned to generate adequate gross income at this time. It has a very high risk of underperforming in January. Profitability indicators assess Sun Country's ability to earn profits and add value for shareholders.
For Sun Country profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sun Country to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sun Country Airlines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sun Country's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sun Country Airlines over time as well as its relative position and ranking within its peers.
  
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Is Transportation space 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.
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.

Sun Country Airlines Price To Sales vs. Price To Earning Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Sun Country's current stock value. Our valuation model uses many indicators to compare Sun Country value to that of its competitors to determine the firm's financial worth.
Sun Country Airlines is rated fifth in price to earning category among its peers. It is rated below average in price to sales category among its peers fabricating about  0.05  of Price To Sales per Price To Earning. The ratio of Price To Earning to Price To Sales for Sun Country Airlines is roughly  22.10 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sun Country's earnings, one of the primary drivers of an investment's value.

Sun Price To Sales vs. Price To Earning

Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

Sun Country

P/E

 = 

Market Value Per Share

Earnings Per Share

 = 
15.79 X
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

Sun Country

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.71 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

Sun Price To Sales Comparison

Sun Country is currently under evaluation in price to sales category among its peers.

Sun Country Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Sun Country, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sun Country will eventually generate negative long term returns. The profitability progress is the general direction of Sun Country's change in net profit over the period of time. It can combine multiple indicators of Sun Country, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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. Sun Country operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 2282 people.

Sun Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Sun Country. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sun Country position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sun Country's important profitability drivers and their relationship over time.

Use Sun Country in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sun Country position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sun Country will appreciate offsetting losses from the drop in the long position's value.

Sun Country Pair Trading

Sun Country Airlines Pair Trading Analysis

The ability to find closely correlated positions to Sun Country could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sun Country when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sun Country - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sun Country Airlines to buy it.
The correlation of Sun Country is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sun Country moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sun Country Airlines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sun Country can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Sun Country position

In addition to having Sun Country in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

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Military Industrial
Military Industrial Theme
A collection of large United States defense contractors including companies involved in production or distribution of aircraft, ships, vehicles, weaponry, and electronic systems in cooperation with the government. The Military Industrial theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Military Industrial Theme or any other thematic opportunities.
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Additional 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.