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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.53 USD

2.53
6,343,965

+0.19 (8.12%)

Updated Nov 5, 2024 03:36 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 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.

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

Top 5% (13 out of 250)

Industry: Transportation - Airline

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Zacks News

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

Maharathi Basu headshot

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

by Maharathi Basu

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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?

by Zacks Equity Research

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?

by Zacks Equity Research

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

Wabtec Strong on Revenues Amid High Operating Expenses

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

Norfolk Southern (NSC) Strong on Dividends Amid Low Volumes

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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.

Sweta Killa headshot

Coronavirus Fuels Madness in These Sector ETFs & Stocks

by Sweta Killa

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

by Zacks Equity Research

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

by Manaswita Ghosh Dutta

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.

Maharathi Basu headshot

Coronavirus Crisis Crashes Airlines: Should You Buy the Dips?

by Maharathi Basu

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?

by Zacks Equity Research

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

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

by Zacks Equity Research

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