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Spirit Airlines (SAVE)
NYSE:SAVE
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SAVE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.40 - $17.02
Previous Close$3.4
Volume27.56M
Average Volume (3M)10.22M
Market Cap
$372.36M
Enterprise Value$7.05B
Total Cash (Recent Filing)$724.79M
Total Debt (Recent Filing)$7.41B
Price to Earnings (P/E)―
Beta0.43
Next Earnings
Feb 05, 2025EPS EstimateN/A
Last Dividend Ex-Date
Feb 22, 2024Dividend YieldN/A
Share Statistics
EPS (TTM)-6.19
Shares Outstanding109,518,296
10 Day Avg. Volume10,051,295
30 Day Avg. Volume10,218,678
Standard Deviation0.18
R-Squared0.16
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)0.44
Price to Sales (P/S)0.07
Price to Cash Flow (P/CF)-0.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.38
Enterprise Value/Gross Profit11.94
Enterprise Value/Ebitda-30.31
Forecast
1Y Price Target
$2.13Price Target Upside-33.85% Downside
Rating ConsensusStrong Sell
Number of Analyst Covering5
Spirit Airlines News
Bulls Say, Bears Say
Bulls Say
Business StrategyThe company also introduced phase two which includes rightsizing the business for its new growth profile, eliminating structural costs, and re-branding the airline with a more premium experience for its customers.
Commercial StrategyManagement has made significant changes to the commercial strategy, removing cancellation fees, adding bundled travel packages and focusing on improved customer service.
Cost ManagementLower network capacity should help drive improved unit revenue outcomes and, with the announcement of pilot furloughs, relative costs should also improve.
Bears Say
Financial PerformanceThe carrier has double digit negative operating margins which is further compounded by interest costs and increased aircraft rent payments given recent sale-leaseback activities.
Operational ChallengesThe airline's outlook is complicated by a likely higher share of aircraft on the ground due to known GTF engine inspections.
Revenue PressuresSpirit is dealing with pressured passenger yields due to competitive discounting of ancillaries and the elimination of change and cancel fees.
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Ownership Overview
1.31% Insiders
10.90% Mutual Funds
17.76% Other Institutional Investors
48.80% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Spirit Airlines
Desktop Users
Mobile Users
SAVE FAQ
What was Spirit Airlines’s price range in the past 12 months?
Spirit Airlines lowest stock price was $1.40 and its highest was $17.02 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 Feb 05, 2025 which is in 81 days.
How were Spirit Airlines’s earnings last quarter?
Currently, no data Available
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 109,518,295 shares outstanding.
What happened to Spirit Airlines’s price movement after its last earnings report?
Currently, no data Available
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 366K.
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Spirit Airlines Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Sell
Average Price Target:
$2.13 (-33.85% Downside)
$2.13 (-33.85% Downside)
Blogger Sentiment
Bullish
SAVE Sentiment 86%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 88.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 7.5%
Last 30 Days ▲ 7.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-59.61%
12-Months-Change
Fundamentals
Return on Equity
-59.35%
Trailing 12-Months
Asset Growth
2.00%
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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SAVE Earnings Call
Q2 2024
0:00 / 0:00
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SAVE Revenue Breakdown
87.20% Domestic
12.80% Latin America and Caribbean
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SAVE Stock 12 Month Forecast
Average Price Target
$2.13
▼(-33.85% Downside)
Technical Analysis
Best Analysts Covering SAVE
1 Year
1 Year Success Rate
20/33 ratings generated profit
1 Year Average Return
+28.34%
reiterated a sell rating 23 days ago
Copying Stephen Trent's trades and holding each position for 1 Year would result in 60.61% of your transactions generating a profit, with an average return of +28.34% per trade.
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