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Spirit Airlines (GB:0L8U)
LSE:0L8U
Spirit Airlines (0L8U) Share Price & Analysis
5 Followers
0L8U Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.70 - $18.35
Previous Close$2.89
Volume8.31K
Average Volume (3M)16.10K
Market Cap
$315.36M
Enterprise Value$6.71B
Total Cash (Recent Filing)$764.79M
Total Debt (Recent Filing)$7.16B
Price to Earnings (P/E)―
Beta1.16
Next Earnings
Oct 23, 2024EPS EstimateN/A
Last Dividend Ex-Date
Feb 22, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding109,501,395
10 Day Avg. Volume2,171
30 Day Avg. Volume16,096
Standard Deviation0.17
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.42
Price to Sales (P/S)0.55
Price to Cash Flow (P/CF)-0.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.28
Enterprise Value/Gross Profit11.36
Enterprise Value/Ebitda109.71
Forecast
1Y Price Target
$2.57Price Target Upside-11.68% Downside
Rating ConsensusStrong Sell
Number of Analyst Covering9
Spirit Airlines News
Bulls Say, Bears Say
Bulls Say
Creditor NegotiationsSpirit Airlines has begun discussions with creditors ahead of significant debt and convertible maturities in 2025 and 2026.
Liquidity EnhancementPratt & Whitney credits for aircraft on ground (AOG) should enhance Spirit Airlines' liquidity by $150M to $200M.
Profitability FocusSpirit Airlines is making ongoing adjustments to its network and schedules as the airline focuses on returning to profitability.
Bears Say
Bankruptcy RiskThe risk of a pre-packaged bankruptcy filing and deteriorating fundamentals make the stock a 'stay away'.
DebtWith meaningful debt maturities approaching in 2025 and 2026, this was not the quarter SAVE needed as creditor negotiations remain ongoing.
RevenueSAVE’s revenue challenges were exacerbated by lower-than-expected ancillary revenues as the ultra low-cost product offering continues to evolve.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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Website Traffic
The estimated number of people who visited one or more of the websites owned by Spirit Airlines
Desktop Users
Mobile Users
0L8U FAQ
What was Spirit Airlines’s price range in the past 12 months?
Spirit Airlines lowest share price was $2.70 and its highest was $18.34 in the past 12 months.
What is Spirit Airlines’s market cap?
Currently, no data Available
When is Spirit Airlines’s upcoming earnings report date?
Spirit Airlines’s upcoming earnings report date is Oct 23, 2024 which is in 88 days.
How were Spirit Airlines’s earnings last quarter?
Spirit Airlines released its earnings results on Jul 24, 2024. The company reported -$1.4 earnings per share for the quarter, missing the consensus estimate of -$1.358 by -$0.042.
Is Spirit Airlines overvalued?
According to Wall Street analysts Spirit Airlines’s price is currently Overvalued.
Does Spirit Airlines pay dividends?
Spirit Airlines pays a Monthly dividend of $0.1 which represents an annual dividend yield of N/A. See more information on Spirit Airlines dividends here
What is Spirit Airlines’s EPS estimate?
Spirit Airlines’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Spirit Airlines have?
Spirit Airlines has 109,501,396 shares outstanding.
What happened to Spirit Airlines’s price movement after its last earnings report?
Spirit Airlines reported an EPS of -$1.4 in its last earnings report, missing expectations of -$1.358. Following the earnings report the stock price went up 0.214%.
Which hedge fund is a major shareholder of Spirit Airlines?
Among the largest hedge funds holding Spirit Airlines’s share is Par Capital Management Inc. It holds Spirit Airlines’s shares valued at 484K.
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Spirit Airlines Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Sell
Average Price Target:
$2.57 (-11.68% Downside)
$2.57 (-11.68% Downside)
Blogger Sentiment
Bullish
GB:0L8U Sentiment 88%
Sector Average 67%
Sector Average 67%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-83.67%
12-Months-Change
Fundamentals
Return on Equity
-39.33%
Trailing 12-Months
Asset Growth
2.19%
Trailing 12-Months
Company Description
Spirit Airlines
Spirit Airlines, Inc. is an airline that offers travel to price-conscious customers. The company's customers start with an unbundled base fares that remove components included in the price of an airline ticket. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.
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0L8U Earnings Call
Q1 2024
0:00 / 0:00
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0L8U Revenue Breakdown
87.20% Domestic
12.80% Latin America and Caribbean
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0L8U Stock 12 Month Forecast
Average Price Target
$2.57
▼(-11.68% Downside)
Technical Analysis
Spirit Airlines
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Allegiant Travel Company
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JetBlue Airways
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Delta Air Lines
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Southwest Airlines
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Best Analysts Covering 0L8U
1 Year
1 Year Success Rate
21/32 ratings generated profit
1 Year Average Return
+31.90%
reiterated a sell rating 6 days ago
Copying Stephen Trent's trades and holding each position for 1 Year would result in 65.63% of your transactions generating a profit, with an average return of +31.90% per trade.
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