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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.40 USD

2.40
3,462,749

+0.06 (2.56%)

Updated Nov 5, 2024 11:58 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value F Growth A Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 5% (13 out of 250)

Industry: Transportation - Airline

Zacks News

Maharathi Basu headshot

Airline Stock Roundup: LUV, AAL & JBLU's Q3 Earnings Reports & SAVE in Focus

Labor costs hurt the bottom lines of AAL and LUV in third quarter of 2024.

JetBlue Airways (JBLU) Expected to Beat Earnings Estimates: Should You Buy?

JetBlue (JBLU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Company News for Oct 22, 2024

Companies in The News Are: SASR, BA, PSA, SAVE

Spirit (SAVE) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Spirit (SAVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Down -36.33% in 4 Weeks, Here's Why You Should You Buy the Dip in Spirit (SAVE)

The heavy selling pressure might have exhausted for Spirit (SAVE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Company News for Oct 7, 2024

Companies in The News Are: APOG,RIVN,SAVE,SILV,CDE

JetBlue (JBLU) Moves 14.2% Higher: Will This Strength Last?

JetBlue (JBLU) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Frontier Group (ULCC): Can Its 16.4% Jump Turn into More Strength?

Frontier Group (ULCC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

United (UAL) Soars 8.8%: Is Further Upside Left in the Stock?

United (UAL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Maharathi Basu headshot

Alaska Air Completes Buyout of Hawaiian: What's Next for Investors?

With ALK completing the Hawaiian deal, we assess the investment worthiness of ALK stock at current levels.

Here's Why You Should Retain Spirit Airlines (SAVE) Stock Now

Spirit Airlines (SAVE) rides high on its robust cost-cutting initiatives. Its expansion plans are commendable. However, elevated labor and fuel costs are a major headwind.

Andrew Rocco headshot

Bear of the Day: Delta Air Lines (DAL)

The airline industry is notoriously unpredictable. Rising fuel costs and cutthroat competition make Delta stock and avoid.

Spirit Airlines (SAVE) Q2 Loss Wider Than Expected, Sales Lag

Passenger revenues decrease 11.1% year over year at Spirit Airlines (SAVE) in Q2.

Spirit (SAVE) Reports Q2 Earnings: What Key Metrics Have to Say

The headline numbers for Spirit (SAVE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Spirit (SAVE) Reports Q2 Loss, Lags Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of -10.77% and 1.91%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

JetBlue Airways (JBLU) Q2 Earnings and Revenues Surpass Estimates

JetBlue (JBLU) delivered earnings and revenue surprises of 161.54% and 1.37%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Analysts Estimate Spirit (SAVE) to Report a Decline in Earnings: What to Look Out for

Spirit (SAVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Zacks Analyst Blog United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines

United Airlines, Alaska Air, Spirit Airlines, Delta Air and American Airlines are included in this Analyst Blog.

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Airline Stock Roundup: UAL & ALK Beat on Q2 Earnings, SAVE Tweaks View

United Airlines (UAL) and Alaska Air (ALK) give lackluster EPS guidance for the third quarter of 2024.

Here's Why Investors Should Avoid Spirit Airlines (SAVE) Now

Spirit Airlines (SAVE) grapples with high operating costs and elevated capital expenditure. Low liquidity is another concern.

Here's Why Investors Should Hold on to Spirit Airlines (SAVE)

Spirit Airlines' (SAVE) top line is bolstered by an uptick in air travel demand. However, high operating expenses and elevated capital expenditures are a major headwind.

Maharathi Basu headshot

Airline Stock Roundup: JBLU's Improved Q2 Revenue View, RYAAY's Rosy May Traffic

Upbeat air travel demand leads JetBlue (JBLU) to issue an improved revenue view for second-quarter 2024 and boosts Ryanair's (RYAAY) May traffic.

Spirit Airlines (SAVE) Appoints Interim Chief Financial Officer

Spirit Airlines (SAVE) announces the appointment of Brian McMenamy as its interim chief financial officer.

Spirit (SAVE) Down on Wider-Than-Expected Q1 Loss & Bleak View

Spirit's (SAVE) first-quarter 2024 operating revenues decline 6.2% year over year.

Low Data Week Commences With Modest Pre-Markets

Low Data Week Commences With Modest Pre-Markets.