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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 10% (215 out of 251)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

Earnings Preview: Spirit (SAVE) Q3 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.

Stock Market News For Oct 11, 2019

Benchmarks closed higher on Thursday as President Trump said he would meet China's Vice Premier at the White House to settle trade disputes.

Spirit (SAVE) Stock Up on Improved Q3 Unit Revenue View

Spirit Airlines (SAVE) expects fuel costs per gallon in third-quarter 2019 to be lower than what was projected earlier.

Here's Why Southwest Shares Ascend More Than 16% in 9 Months

Higher passenger revenues on the back of solid demand boost Southwest's (LUV) performance. The carrier's measures to add shareholder value are also encouraging.

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Passenger Revenues May Aid Airlines' Q3 Earnings: Here's Why

As passenger revenues account for bulk of the top line of most carriers, uptick in the same should enable airlines report strong third-quarter results despite headwinds.

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Airline Stock Roundup: LUV Trims Q3 Cost Guidance, RYAAY, DAL in Focus

Prudent cost management helps Southwest Airlines (LUV) to provide improved third-quarter cost guidance. Meanwhile, Delta (DAL) continues to expand its global presence.

Spirit (SAVE) Shares Sink 34% YTD: What's Pulling It Down?

Rising non-fuel unit costs and weak unit revenue trends plague Spirit (SAVE).

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Airline Stock Roundup: U.S. Airfares Continue to Rise, JBLU, CPA, LTM in Focus

The increase in August passenger traffic at the likes of Alaska Air (ALK) and JetBlue (JBLU) highlight the strong demand for air travel.

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U.S. Airline Stocks Decline As Oil Price Increases 15%

Surge in fuel prices is likely to affect U.S. airline players significantly unless it is counterbalanced by increase in ticket prices.

FedEx (FDX) to Report Q1 Earnings: What's in the Offing?

Trade tensions and other macroeconomic woes might mar FedEx's (FDX) Q1 results. However, strong e-commerce growth should partly offset this adversity.

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Airline Stock Roundup: SAVE, JBLU's Bearish Q3 Views, DAL's Traffic Report & More

With Hurricane Dorian disrupting operations, low-cost carriers Spirit Airlines (SAVE) and JetBlue (JBLU) cut unit revenue projections for the third quarter of 2019.

Stock Market News For Sep 9, 2019

U.S. stocks closed mixed on Friday following mixed nonfarm payroll data for August and the Fed Chair Jerome Powell???s hint for a second rate cut in September.

Spirit Affected by Hurricane Dorian Slashes Q3 TRASM View

Numerous flight cancellations and high costs from the reduced capacity and the effects of Hurricane Dorian weigh on Spirit (SAVE).

Delta (DAL) Cancels Numerous Flights Due to Hurricane Dorian

Delta (DAL) issues travel waivers across Florida, Coastal Georgia, the Carolinas and the Bahamas as Hurricane Dorian strikes.

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Bull of the Day: Allegiant Travel Company (ALGT)

Let's see why discount airline firm Allegiant Travel Company (ALGT) is Wednesday's Bull of the Day...

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Airline Stock Roundup: A4A's Rosy Labor Day View, RYAAY's Labor Strife & More

Expansion-related updates from United Airlines (UAL) and Azul (AZUL) grab headlines over the past week.

Spirit (SAVE) Down 7.6% 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.

Alaska Air Group's (ALK) Traffic & Load Factor Up in July

With traffic growth outpacing capacity expansion, Alaska Air Group's (ALK) July load factor rises.

Delta's July Traffic Data Strong on Solid Air Travel Demand

With traffic growth outpacing capacity expansion, Delta's (DAL) July load factor rises.

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Passenger Revenues Buoy Airline Industry's Near-Term Outlook

Despite nagging headwinds like U.S.-China trade tensions, near-term prospects of the airline industry appear rosy due to uptick in passenger revenues.

The Zacks Analyst Blog Highlights: American Airlines, Southwest Airlines, Alaska Air, Allegiant Travel and Spirit Airlines

The Zacks Analyst Blog Highlights: American Airlines, Southwest Airlines, Alaska Air, Allegiant Travel and Spirit Airlines

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Airline Stock Roundup: Q2 Earnings Beat at AAL, LUV, ALK & SAVE

Spirit Airlines (SAVE) and Southwest Airlines' (LUV) bearish cost projections for third-quarter 2019 cause the sector tracker to decline over the past five days.

Spirit (SAVE) Q2 Earnings Top, Q3 CASM View Weak, Stock Down

Spirit Airlines' (SAVE) top line improves year over year in the second quarter of 2019, courtesy of solid passenger revenues. However, the bearish cost projection for the third quarter is concerning.

Spirit (SAVE) Surpasses Q2 Earnings and Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 3.05% and 0.07%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

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Airline Stock Roundup: DAL & UAL's Earnings Beat, AAL's Bullish Q2 View & More

Delta's (DAL) solid second-quarter 2019 earnings report and American Airlines' (AAL) favorable second-quarter unit revenue projection contribute to the sector tracker's increase.