Back to top
more

Spirit Airlines (SAVE)

(Delayed Data from NYSE)

$2.67 USD

2.67
3,685,850

-0.13 (-4.64%)

Updated Aug 26, 2024 04:00 PM ET

After-Market: $2.68 +0.01 (0.37%) 6:22 PM 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value F Growth F 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%.

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

Bottom 14% (215 out of 251)

Industry: Transportation - Airline

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

American Airlines' (AAL) August Revenues Hit by COVID-19 Spike

by Zacks Equity Research

Amid a fresh spike in coronavirus cases in the United States induced by the Delta variant, American Airlines' (AAL) August revenues are falling below its expectation.

Maharathi Basu headshot

Airline Stock Roundup: AZUL's Q2 Loss, SAVE's Tepid Guidance and More

by Maharathi Basu

Revenues at Azul (AZUL) jump more than 100% year over year in Q2. Spirit Airlines (SAVE) expects Q3 costs to increase due to the multiple flight cancellations.

The Zacks Analyst Blog Highlights: United Airlines, American Airlines, Southwest Airlines, Spirit Airlines and JetBlue Airways

by Zacks Equity Research

The Zacks Analyst Blog Highlights: United Airlines, American Airlines, Southwest Airlines, Spirit Airlines and JetBlue Airways

Maharathi Basu headshot

Why Airline Industry Slides 3.6% MTD Despite Rosy Q2 Results

by Maharathi Basu

Southwest Airlines (LUV) unveils a bearish Q3 outlook as the Delta variant dims air-travel prospects. Flight cancellations hit Spirit Airlines (SAVE) hard.

Spirit Airlines (SAVE) Cuts Q3 View on Operational Disruptions

by Zacks Equity Research

Spirit Airlines (SAVE) expects substantial impact on its revenues in the third quarter due to irregular operations as a result of adverse weather and airport staffing shortages.

Maharathi Basu headshot

Airline Stock Roundup: GOL, CPA & SKYW's Q2 Report, RYAAY's July Traffic & More

by Maharathi Basu

Gol Linhas (GOL) incurs narrower-than-expected loss in Q2. Ryanair's (RYAAY) July traffic improves on increasing air-travel demand.

Spirit Airlines (SAVE) Posts Narrower-Than-Expected Q2 Loss

by Zacks Equity Research

Reflecting the uptick in air-travel demand, traffic at Spirit Airlines (SAVE) skyrockets 865% year over year in Q2.

Spirit (SAVE) Reports Q2 Loss, Tops Revenue Estimates

by Zacks Equity Research

Spirit (SAVE) delivered earnings and revenue surprises of 59.04% and 4.96%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Spirit (SAVE) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

by Zacks Equity Research

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.

Maharathi Basu headshot

Airline Stock Roundup: SAVE's Route Additions, Gol's Investor Update & More

by Maharathi Basu

With air-travel demand on the upswing in the United States, Spirit Airlines (SAVE) and American Airlines (AAL) announce expansion updates.

Spirit (SAVE) to Expand Orlando Operations Significantly

by Zacks Equity Research

Spirit Airlines (SAVE) expects to provide more than 80 daily departures from Orlando International Airport by the end of 2021.

Down 16.5% in 4 Weeks, Here's Why You Should You Buy the Dip in Spirit (SAVE)

by Zacks Equity Research

Spirit (SAVE) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

American Airlines' (AAL) Jul 4 Weekend Travel Sees Spike

by Zacks Equity Research

American Airlines (AAL) carries triple the number of passengers over the Jul 4 holiday travel weekend compared with 2020, thanks to continued recovery in air-travel demand.

Spirit (SAVE) Upgraded to Buy: Here's What You Should Know

by Zacks Equity Research

Spirit (SAVE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Sweta Killa headshot

5 Stocks to Sparkle This Fourth of July

by Sweta Killa

Investors should add SeaWorld Entertainment (SEAS), Dine Brands (DIN), US Foods (USFD), Spirit Airlines (SAVE), and Echo Global Logistics (ECHO) to their portfolio to celebrate Fourth of July.

David Bartosiak headshot

Airline Stocks to Buy After Boeing's Big Deal

by David Bartosiak

Which airlines stocks are winners after Boeing's big sale?

Maharathi Basu headshot

3 Airline Stocks to Watch in 2H as Air-Travel Scene Brightens

by Maharathi Basu

Stocks like United Airlines (UAL), Southwest Airlines (LUV) and Alaska Air (ALK) should continue to gain from a sunnier air-travel demand scenario.

Allegiant (ALGT) to Add Routes as Air-Travel Demand Picks Up

by Zacks Equity Research

Allegiant (ALGT) to launch non-stop flights on Nov 11, which will connect the Melbourne Orlando International Airport with Pittsburgh.

Maharathi Basu headshot

Airline Stock Roundup: LUV's Long-Serving CEO to Step Down, RYAAY in Focus

by Maharathi Basu

Southwest (LUV) announces a pay hike for its hourly employees as air-travel demand picks up. Also, owing to this uptick, Spirit (SAVE) plans to increase flights to Milwaukee.

Spirit (SAVE) to Expand Milwaukee Service Later This Year

by Zacks Equity Research

Spirit Airlines (SAVE) aims to launch flights connecting Cancun with Milwaukee on Dec 23.

Maharathi Basu headshot

Pilot-Hiring Plans Bode Well for U.S. Airlines: An Analysis

by Maharathi Basu

In response to air-travel demand recovery, airlines like Delta (DAL), American Airlines (AAL) and Southwest Airlines (LUV) are looking to call back pilots to meet the anticipated demand surge.

Spirit Airlines (SAVE) to Begin Four New Hampshire Routes

by Zacks Equity Research

Spirit Airlines (SAVE) will connect Manchester with multiple tourist-favorite destinations in Florida.

Maharathi Basu headshot

Airline Stock Roundup: JBLU's Bullish Q2 Revenue Update, AZUL's Traffic & More

by Maharathi Basu

Better air-travel demand in the United States prompts JetBlue (JBLU) to give an optimistic Q2 revenue view. Azul's (AZUL) May traffic report also reflects positivity as vaccination picks up in Brazil.

Spirit Airlines' (SAVE) Load Factor Forecast Upbeat for Q2

by Zacks Equity Research

Spirit Airlines (SAVE) expects second-quarter 2021 fuel cost per gallon to be $1.96.

Maharathi Basu headshot

Airline Stock Roundup: UAL & HA Give Bullish Q2 Updates, JBLU in Focus

by Maharathi Basu

Riding on improved air-travel demand in the United States, United Airlines (UAL) and Hawaiian Holdings (HA) issue encouraging updates for Q2.