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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

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Zacks News

The Zacks Analyst Blog Highlights: Southwest Airlines, United Airlines, Delta Air Lines, Spirit Airlines, JetBlue Airways and Hawaiian Holdings

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Southwest Airlines, United Airlines, Delta Air Lines, Spirit Airlines, JetBlue Airways and Hawaiian Holdings

Maharathi Basu headshot

Airline Stock Roundup: DAL to Add Routes, UAL, LUV & JBLU Give Bullish Forecasts

by Maharathi Basu

With betterment in air-travel demand, the likes of Southwest Airlines (LUV), United Airlines (UAL) and JetBlue (JBLU) witness an upswing in bookings.

Maharathi Basu headshot

U.S. Airlines Make Hay in Yesterday's Trading: Here's Why

by Maharathi Basu

The gradual betterment in leisure-travel demand boosts the share price of the likes of United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Alaska Air Group (ALK) and Southwest Airlines (LUV).

Delta (DAL) Aims to Boost Connectivity by Adding Routes

by Zacks Equity Research

The city of Anchorage will be the greatest beneficiary of Delta's (DAL) plan to expand service to Alaska this summer.

JetBlue (JBLU) to Introduce Hartford-Miami Daily Service

by Zacks Equity Research

JetBlue (JBLU) aims to expand its presence in Connecticut and South Florida with new flights connecting Hartford with Miami, starting this June.

The Zacks Analyst Blog Highlights: Spirit Airlines, Southwest Airlines, Allegiant Travel Co, United Airlines and American Airline

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Spirit Airlines, Southwest Airlines, Allegiant Travel Co, United Airlines and American Airline

Maharathi Basu headshot

Pandemic Stimulus Lends Further Cushion to Airlines: An Anaysis

by Maharathi Basu

United Airlines (UAL) and American Airlines (AAL) withdraw the furlough notice, earlier served to 27,000 employees, in the wake of President Joe Biden's enactment of the promised stimulus kit.

Why Is Spirit (SAVE) Up 21.7% 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.

Spirit Airlines (SAVE) to Initiate Services to Pensacola

by Zacks Equity Research

Spirit Airlines (SAVE) announces plans to connect Pensacola with seven destinations as it tries to expand its network.

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Airline Stock Roundup: Expansion News From LUV & SAVE, GOL, AAL & AZUL in View

by Maharathi Basu

Spirit Airlines (SAVE) and Southwest Airlines (LUV) decide to add routes to their respective networks.

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?

Maharathi Basu headshot

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.

Maharathi Basu headshot

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.

Maharathi Basu headshot

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.