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Spirit Airlines (SAVE)

(Delayed Data from NYSE)

$2.34 USD

2.34
4,793,454

-0.13 (-5.26%)

Updated Nov 4, 2024 04:00 PM ET

After-Market: $2.33 -0.01 (-0.43%) 7:58 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 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 4% (11 out of 250)

Industry: Transportation - Airline

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Zacks News

Shrestha Pal headshot

Spirit Airlines (SAVE) Begins Service From Miami Airport

by Shrestha Pal

Spirit Airlines' (SAVE) plan to expand at Miami is in response to the uptick in air-travel demand.

Eshani Haque headshot

Spirit Airlines (SAVE) Mired in Headwinds: Time to Dump?

by Eshani Haque

Spirit Airlines (SAVE) has lately been grappling with operational disruptions and weak bookings. Rising fuel costs are an added headwind.

Maharathi Basu headshot

U.S. Aviation Stocks Gain After Update on Merk's COVID-19 Pill

by Maharathi Basu

Delta Air Lines (DAL) management's commentary that its ticket sales are improving bodes well.

Eshani Haque headshot

Delta Variant-Led Drop in Travel Throws US Airlines Off Course

by Eshani Haque

Alaska Air Group (ALK), American Airlines (AAL), Spirit Airlines (SAVE) and Southwest Airlines (LUV) experience softness in bookings as the Delta variant worsens air-travel demand.

Alaska Air (ALK) Lowers Q3 View on Delta Variant-Led Woes

by Zacks Equity Research

While Alaska Air (ALK) reduces total revenue guidance for the third quarter, it continues to anticipate positive pretax margin for the period.

The Zacks Analyst Blog Highlights: Delta Air Lines, Southwest Airlines, American Airlines and Spirit Airlines

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Delta Air Lines, Southwest Airlines, American Airlines and Spirit Airlines

Maharathi Basu headshot

Hurricane Ida: Another Headache for Delta Variant-Hit Airlines?

by Maharathi Basu

In a bid to mitigate the harassment caused to passengers by Hurricane Ida, airlines like Delta (DAL) are offering travel waivers.

Maharathi Basu headshot

DAL Ups Unvaccinated Health Costs: Other Airlines to Follow?

by Maharathi Basu

Delta Air's (DAL) decision is aimed at addressing the financial perils the company might grapple with pertaining to unvaccinated employees.

Southwest (LUV) to Cut Flights to Address Operational Issues

by Zacks Equity Research

Southwest (LUV) plans to reduce flight schedules from September onward to protect its operations from disruptions that led to multiple flight cancelations this summer.

Why Is Spirit (SAVE) Down 13.6% Since Last Earnings Report?

by Zacks Equity Research

Spirit (SAVE) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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.