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

Bottom 14% (215 out of 251)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

U.S. Airline Shares Rally on Easing Coronavirus-Led Travel Bans

With easing travel restrictions, U.S. airlines are seeing modest increases in passenger numbers.

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Airline Stock Roundup: RYAAY, AZUL Post Q1 Loss, DAL, ALGT in Focus

The likes of Ryanair (RYAAY) and Azul (AZUL) incur coronavirus-induced losses in Q1.

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Airline Stock Roundup: JBLU & SAVE Post Q1 Loss, CPA, SKYW, ALGT in Focus

Shrinking passenger revenues ail the Q1 earnings performance of carriers like JetBlue (JBLU) and Spirit Airlines (SAVE).

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

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

Stock Market News for May 7, 2020

Benchmarks closed mixed on Wednesday as data showed that private payroll had furloughed more than 20 million workers in April, highlighting the economic impact of the pandemic.

Spirit (SAVE) Q1 Loss Wider Than Expected, Stock Takes a Hit

Significant decline in both domestic and international air travel demand weighed on Spirit's (SAVE) Q1 performance.

Spirit (SAVE) Reports Q1 Loss, Lags Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of -43.33% and -9.16%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

How Damaging Has Coronavirus Been for Spirit (SAVE) Q1 Earnings?

Spirit (SAVE) is likely to have struggled with respect to revenues in Q1 due to coronavirus-induced loss of passenger revenues.

Earnings Preview: Spirit (SAVE) Q1 Earnings Expected to Decline

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.

Spirit (SAVE) Gains But Lags Market: What You Should Know

In the latest trading session, Spirit (SAVE) closed at $12.25, marking a +0.78% move from the previous day.

Spirit (SAVE) Stock Moves -0.86%: What You Should Know

In the latest trading session, Spirit (SAVE) closed at $13.76, marking a -0.86% move from the previous day.

Analysts Estimate Spirit (SAVE) to Report a Decline in Earnings: What to Look Out for

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.

Spirit Airlines (SAVE) Jumps: Stock Rises 9.3%

Spirit Airlines (SAVE) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.

Implied Volatility Surging for Spirit Airlines (SAVE) Stock Options

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

Union Pacific (UNP) Hurt by Weak Demand and High Debts

Union Pacific's (UNP) ability to generate free cash flow as well as its cost-control initiatives are positive. Meanwhile, decline in shipments due to the coronavirus pandemic and high debts are worrisome

Allegiant (ALGT) Stock Tanks 41.5% in a Month: Here's Why

Allegiant (ALGT) slashes airline capacity to match the low demand curve for leisure travel due to the coronavirus pandemic.

American Airlines to Deepen NYC Flight Cuts on Coronavirus Spike

Air-travel demand to New York is nearly disappearing with surge in coronavirus cases and the CDC warning, forcing American Airlines (AAL) to widen capacity cuts to the region.

Coronavirus-Hit Delta Expects 90% Decline in Q2 Revenues

With persistent slump in passenger volumes and revenues, Delta (DAL) anticipates the second quarter to be worse than the first.

SkyWest (SKYW) Stock Plunges 61% in Six Months: Here's Why

Drop in air travel demand due to coronavirus-induced global unrest hurts SkyWest's (SKYW) shares significantly

Triton's Strong on cash flow generation Amid High Debts

Triton's (TRTN) strong cash flow generation look impressive. However, escalated debt levels and coronavirus-led concerns are headwinds.

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Airline Stock Roundup: AAL to Apply for Coronavirus-Induced Aid, LUV in Focus

Due to dried-up air-travel demand, airlines like Southwest Airlines (LUV) and Delta Air Lines (DAL) are offering cargo charter services on passenger planes.

Spirit (SAVE) to Cancel Flights to 3 States on CDC Warning

Spirit (SAVE) to suspend flights to the airports of New York LaGuardia, Newark, Hartford, Niagara Falls and Plattsburgh at least through May 4.

FedEx to Place Coronavirus-Induced Surcharge on Global Shipments

FedEx (FDX) will impose surcharges of 45 cents per pound on international shipments to/from China and among countries in the Asia Pacific belt.

Werner Gains on Cost-Cutting Measures Amid High Debts

Werner's (WERN) cost- cutting measures bode well. However, escalated debt levels and coronavirus-led concerns are hurdles

Should Value Investors Buy Spirit (SAVE) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.