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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.23 USD

2.23
3,972,386

-0.09 (-3.88%)

Updated Oct 3, 2024 03:14 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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

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

Bottom 42% (146 out of 252)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

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.

SAVE vs. ALK: Which Stock Should Value Investors Buy Now?

SAVE vs. ALK: Which Stock Is the Better Value Option?

Wabtec Strong on Revenues Amid High Operating Expenses

Wabtec's (WAB) high operating expenses and debt levels are worrisome. However, the expanded product portfolio due to its merger with GE Transportation bodes well.

Spirit Airlines' Fleet Management Solid Amid Lower Air Travel

Efficient fleet management and cost-control measures aid Spirit Airlines (SAVE). However, high debt levels and lower demand due to the coronavirus outbreak are worrisome.

Hertz Global Gains From Solid Fleet Management, Debts High

Efficient fleet management and strong services aid Hertz Global (HTZ). However, high debt levels and the coronavirus outbreak are concerns

Southwest Airlines' Shares Fall 25% in a year: Here's Why

Coronavirus outbreak and prolonged MAX jets grounding hurt Southwest Airlines' (LUV) shares.

Norfolk Southern (NSC) Strong on Dividends Amid Low Volumes

Efforts to streamline operations and reward investors drive Norfolk Southern (NSC). However, shrinking volumes and high-debt levels are worrisome

ZTO Express (ZTO) Q4 Earnings Beat Estimates, Increase Y/Y

Impressive performance of the express delivery services unit backed by parcel volume growth drive ZTO Express' (ZTO) Q4 earnings

Azul's (AZUL) Q4 Earnings Surpass Estimates, Increase Y/Y

Higher passenger revenues backed by increase in air fares and effective cost-control measures drive Azul's (AZUL) fourth-quarter 2019 earnings.

UPS' Tome to be the Next CEO, Abney to Quit Board on Sep 30

UPS selects Carol Tome, the current board member and chairperson of the Audit Committee, as the new CEO to fill David Abney's shoes, effective Jun 1.

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Coronavirus Fuels Madness in These Sector ETFs & Stocks

We have highlighted ETFs & stocks from the scetor that are most exposed to the damage caused by the malaise.

Delta (DAL) Extends Ban on U.S- China Flights by a Month

Delta (DAL) adjusts its trans-Pacific flight schedule as part of its efforts to balance the disrupted supply-demand ratio due to low travel frequency in the wake of the coronavirus dread.

Manaswita Ghosh Dutta headshot

Coronavirus Makes Airline Stocks a Screaming Buy: 5 Picks

The dip in airlines because of the coronavirus might be a brief blip as these companies count on their strong balance sheets, liquid assets and Trump's possible economic stimulus.

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Coronavirus Crisis Crashes Airlines: Should You Buy the Dips?

The current coronavirus-induced soft-demand scenario prompts many airlines like American Airlines (AAL) to cut capacity.

SAVE or CPA: Which Is the Better Value Stock Right Now?

SAVE vs. CPA: Which Stock Is the Better Value Option?

LATAM Airlines' (LTM) Q4 Earnings Beat, Revenues Miss Mark

Low fuel prices and higher passenger revenues aid LATAM Airlines' (LTM) Q4 results.

Azul's (AZUL) February Traffic and Load Factor Increase

Strong consolidated demand and supply boost Azul's (AZUL) February traffic report. Moreover, consolidated load factor increases marginally.

JetBlue Withdraws Q1 & 2020 Guidance on Coronavirus Scare

Following in the footsteps of United Airlines, JetBlue (JBLU) withdraws its Q1 and 2020 outlook as uncertainty lingers over the impact of coronavirus on air travel demand.

Allegiant (ALGT) Traffic Up, Load Factor Falls in February

Allegiant's (ALGT) Scheduled traffic increases 18.3% in February. However, load factor falls due to capacity over expansion.

Gol Linhas Traffic Rises, Load Factor Falls in February

Strong domestic demand and supply boost Gol Linhas' (GOL) February traffic report. However, consolidated load factor falls.

Hawaiian Airlines Withdraws Q1 RASM View on Coronavirus Woes

Hawaiian Airlines, a unit of Hawaiian Holdings (HA), anticipates a 12% decline in RASM in Q1 if there are no new net bookings for March, as of Mar 5.

Top Ranked Value Stocks to Buy for March 10th

Here are four stocks with buy rank and strong value characteristics for investors to consider today, March 10th

Allegiant to Set Up $50M Worth North Carolina Operational Base

Allegiant's (ALGT) new base is expected to create multiple job opportunities once it comes online.

Spirit (SAVE) Down 49.7% Since Last Earnings Report: Can It Rebound?

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