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Spirit Airlines (SAVE)

(Delayed Data from NYSE)

$2.67 USD

2.67
3,710,571

-0.13 (-4.64%)

Updated Aug 26, 2024 04:00 PM ET

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

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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 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%.

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Bottom 14% (215 out of 251)

Industry: Transportation - Airline

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Zacks News

Spirit Airlines (SAVE) to Launch New Services From LaGuardia

by Zacks Equity Research

Spirit Airlines (SAVE) intends to expand operations from New York LaGuardia Airport with new services to San Juan, PR; Nashville, TN and Los Angeles.

Spirit Airlines (SAVE) to Begin Nonstop Flights From Milwaukee

by Zacks Equity Research

Spirit Airlines' (SAVE) expansion initiatives to take advantage of the gradual recovery in air-travel demand is encouraging.

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Airline Stock Roundup: UAL Flight's Engine Debacle, SAVE's Growth Update & More

by Maharathi Basu

United Airlines (UAL) temporarily removes 24 Boeing 777 jets from service following an incident triggered by engine failure. Similarly, a Delta (DAL) flight made an emergency landing after a technical breakdown.

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Airline Stock Roundup: SKYW, CPA & SAVE Post Q4 Loss, AZUL & GOL in Focus

by Maharathi Basu

Diminished passenger revenues mar the Q4 results of SkyWest (SKYW), Copa Holdings (CPA) Spirit Airlines (SAVE).

Spirit (SAVE) Reports Q4 Loss, Misses Revenue Estimates

by Zacks Equity Research

Spirit (SAVE) delivered earnings and revenue surprises of -11.81% and -4.47%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

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Airline Stocks Show an Upturn in Thursday's Trading: A Report

by Maharathi Basu

Shares of carriers like United Airlines (UAL), American Airlines (AAL) and Southwest Airlines (LUV) surge on Jan 14 following Delta's (DAL) Q4 report.

3 Airlines Stocks to Gain as the Economy Looks to Fully Reopen

by Zacks Equity Research

Rollout of the vaccine along with an expected fiscal stimulus is sure to boost the airlines industry, making it prudent to watch out for names like Mesa Air Group (MESA) and Spirit Airlines (SAVE).

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4 Airline Stocks Took Off on Vaccine Hopes: Can They Keep Flying in 2021?

by Maharathi Basu

IATA forecasts airline loss to narrow in 2021 from $118.5 billion predicted in 2020. This improved scenario should aid stocks like United Airlines (UAL), American Airlines (AAL), Spirit Airlines (SAVE) and Mesa Air (MESA).

Spirit (SAVE) Backed by Low Fuel Cost Amid Capacity Cut

by Zacks Equity Research

Spirit (SAVE) gains from average fuel cost per gallon, which fell 26.5% year over year to $1.55 in the first nine months of 2020. Meanwhile, increasing unit costs due to capacity cuts are a concern.

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Airline Stock Roundup: AAL's Dull Cash Burn Update, LUV's Job-Cut Alert & More

by Maharathi Basu

Due to tepid air-travel demand, American Airlines (AAL) provides a drab Q4 cash burn view. Meanwhile, Southwest (LUV) warns of job cuts, while Delta (DAL) permanently eliminates change fees for international travel.

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Airline Stock Roundup: AAL's Dull Cash Burn Update, LUV's Job-Cut Alert & More

by Maharathi Basu

Due to tepid air-travel demand, American Airlines (AAL) provides a drab Q4 cash burn view. Meanwhile, Southwest (LUV) warns of job cuts, while Delta (DAL) permanently eliminates change fees for international travel.

Spirit Airlines (SAVE) Expects Q4 Load Factor at Around 70%

by Zacks Equity Research

Spirit Airlines (SAVE) expects fuel cost per gallon to be $1.31 for the December quarter, much lower than the year-ago reading of $2.10.

JetBlue's (JBLU) Cabin Crew Members Turn Down Tentative Deal

by Zacks Equity Research

With JetBlue's (JBLU) cabin crew voting against the tentative deal between the union and the airline, negotiations involving both parties are likely to start afresh.

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Airline Stock Roundup: LUV's Bleak Update, Azul's Q3 Loss, ALGT's Traffic & More

by Maharathi Basu

Southwest Airlines (LUV) expects operating revenues to be down 60-65% in both November and December. Meanwhile, Azul (AZUL) performs badly in Q3 due to coronavirus-led revenue weakness.

Spirit Airlines' (SAVE) Orlando International Flights to Resume

by Zacks Equity Research

With uptick in air-travel demand, Spirit Airlines (SAVE) plans to resume six nonstop international services from Orlando, FL in December.

Azul's (AZUL) Q3 Loss Wider Than Expected, Revenues Lag

by Zacks Equity Research

Significant decline in passenger revenues due to coronavirus-led weak air-travel demand hurt Azul's (AZUL) Q3 results. However, the airline is seeing steady recovery in domestic travel demand.

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Coronavirus Ruins Airlines' Q3 Earnings Too: Any Remedy Ahead?

by Maharathi Basu

Sunken passenger revenues cause losses for the likes of Delta (DAL), United Airlines (UAL), American Airlines (AAL) and Southwest Airlines (LUV) in the third successive quarter.

Gol Linhas (GOL) Q3 Loss Wider Than Expected, Revenues Plunge

by Zacks Equity Research

Gol Linhas' (GOL) Q3 results are hurt by 74.9% year over year drop in passenger revenues due to coronavirus-led suppressed air-travel demand.

Ryanair (RYAAY) Q2 Loss Narrower Than Expected, Revenues Beat

by Zacks Equity Research

Ryanair's (RYAAY) Q2 results reflect coronavirus-induced disruptions to air-travel demand. Although revenues beat estimates, it declined more than 60% year over year.

Spirit (SAVE) Q3 Loss Narrower Than Expected, Shares Pop

by Zacks Equity Research

Spirit's (SAVE) Q3 results were aided by significant reduction in operating expenses amid continued weakness in air-travel demand as a result of coronavirus.

Spirit (SAVE) Reports Q3 Loss, Tops Revenue Estimates

by Zacks Equity Research

Spirit (SAVE) delivered earnings and revenue surprises of 11.79% and 4.48%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

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Transportation Stock Q3 Earnings on Oct 28: UPS, ALGT & More

by Maharathi Basu

While UPS' Q3 results are likely to reflect solid e-commerce demand, both Allegiant (ALGT) and Spirit Airlines (SAVE) might have been hit by tepid passenger revenues. Norfolk Southern (NSC) might have suffered tepid volumes.

Earnings Preview: Spirit (SAVE) Q3 Earnings Expected to Decline

by Zacks Equity Research

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.

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Airline ETF Rallies on a Slew of Positive News

by Sweta Killa

Airline stocks have showed strength this week buoyed by rounds of positive news. First, the uptick in air travel demand led to a spike and then President Trump's support for the industry's federal aid program.

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Airline Stock Roundup: UAL to Resume Shanghai Flights, Job-Cut Updates & More

by Maharathi Basu

United Airlines (UAL) aims to resume nonstop services to China shortly. Meanwhile,Spirit Airlines (SAVE) intends to restart flying to Cap-Haitien as leisure travel-demand improves.