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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.38 USD

2.38
255,113

+0.04 (1.71%)

Updated Nov 5, 2024 09:56 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

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.

Maharathi Basu headshot

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?

Maharathi Basu headshot

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.

Sweta Killa headshot

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.

Maharathi Basu headshot

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.

Spirit Airlines to Resume Flights to Haitian Destination

by Zacks Equity Research

Spirit Airlines (SAVE) intends to operate flights on the Fort Lauderdale-Cap-Haitien route thrice a week.

YETI, Spirit Airlines, Global Partners, Holly Energy Partners and CrossAmerica Partners highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

YETI, Spirit Airlines, Global Partners, Holly Energy Partners and CrossAmerica Partners highlighted as Zacks Bull and Bear of the Day

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Bear of the Day: Spirit Airlines, Inc. (SAVE)

by Benjamin Rains

The travel industry has been hit hard during the coronavirus and even though the airline industry's outlook is slowly improving, investors might want to wait for stronger signs of a comeback...

Are Options Traders Betting on a Big Move in Spirit Airlines (SAVE) Stock?

by Zacks Equity Research

Investors need to pay close attention to Spirit Airlines (SAVE) stock based on the movements in the options market lately.

New Strong Sell Stocks for September 24th

by Zacks Equity Research

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today.

Spirit Airlines Shares Down 41.8% Since March: Here's Why

by Zacks Equity Research

Spirit Airlines (SAVE) anticipates third-quarter capacity to decline approximately 32% as coronavirus-related woes continue to hurt demand.

New Strong Sell Stocks for September 22nd

by Zacks Equity Research

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today.

Delta (DAL) Starts Service at Salt Lake City's New Airport

by Zacks Equity Research

Delta (DAL) inaugurates it's largest-ever Delta Sky Club at new Salt Lake City airport as a part of its investment program in U.S. airports.

The Zacks Analyst Blog Highlights: Delta Air, American Airlines, United Airlines, Spirit Airlines and Allegiant Travel

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Delta Air, American Airlines, United Airlines, Spirit Airlines and Allegiant Travel

Maharathi Basu headshot

Airline Stock Roundup: UAL, HA Q3 Views Bleak, DAL, AZUL & GOL in Focus

by Maharathi Basu

Gol Linhas (GOL) boosts its capacity for September. Another Latin American carrier Azul (AZUL) releases an improved August traffic report.

Tirthankar Chakraborty headshot

Airlines Take Off on Spike in Travel Demand: 3 Stocks on Radar

by Tirthankar Chakraborty

Airline stocks scaled north yesterday after the Transportation Security Administration showed that, on average, 738,038 travelers went through the TSA checkpoints every day for the week ended Sep 13.

United Airlines Cuts Q3 Guidance on Coronavirus Woes, Shares Fall

by Zacks Equity Research

Amid continued softness in travel demand thanks to coronavirus, United Airlines (UAL) reduces guidance for third-quarter 2020 capacity and passenger revenues.

Maharathi Basu headshot

Airline Stock Roundup: UAL's Expansion Update, GOL's August Traffic Report & More

by Maharathi Basu

Given the gradually improving air-travel demand scenario, United Airlines (UAL) and Spirit Airlines (SAVE) provide expansion-related updates.

Maharathi Basu headshot

Key Reasons for Airline Stocks' Resilience Despite Challenges

by Maharathi Basu

The progress in air-travel demand bodes well for the airlines as we advance toward the Labor Day holiday weekend.

Spirit Airlines Aims to Add New Flights To Orange Country

by Zacks Equity Research

In a bid to expand its footprint, Spirit Airlines (SAVE) aims to launch new flights to Orange County.