Back to top
more

Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.40 USD

2.40
4,348,905

+0.06 (2.56%)

Updated Nov 5, 2024 12:50 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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Zacks News

Maharathi Basu headshot

Near-Term Outlook Appears Enthralling for Airline Stocks

by Maharathi Basu

Factors like low fuel costs and high passenger revenues bode well for airline stocks.

Spirit (SAVE) Up 1.1% Since Last Earnings Report: Can It Continue?

by Zacks Equity Research

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

Spirit Airlines Expands in Tampa to Boost Winter Travel

by Zacks Equity Research

Spirit Airlines' (SAVE) decision to fortify its footprint in Tampa is strategic as the place is an attractive tourist hub.

Sanghamitra Saha headshot

Time for Undervalued Sector ETFs as Stocks Hit All-Time High?

by Sanghamitra Saha

These sector ETFs offer good entry points in a pricey market.

Maharathi Basu headshot

Airline Stock Roundup: Q3 Earnings Beat at JBLU, HA & SAVE, DAL, UAL in Focus

by Maharathi Basu

Strong passenger revenues contribute to the year over year improvement in the third-quarter 2019 top line of the likes of JetBlue (JBLU) and Spirit Airlines (SAVE).

Spirit (SAVE) Stock Up on Q3 Earnings Beat, Airbus Deal

by Zacks Equity Research

Spirit's (SAVE) third-quarter 2019 earnings decline year over year due to high non-fuel costs. The MOU inked with Airbus is, however, a huge boost.

Spirit (SAVE) Q3 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

Spirit (SAVE) delivered earnings and revenue surprises of 3.94% and 0.31%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, Spirit Airlines, JetBlue Airways and Alaska Air

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Delta Air Lines, United Airlines, Spirit Airlines, JetBlue Airways and Alaska Air

Maharathi Basu headshot

4 Airline Stocks Likely to Outshine Q3 Earnings Estimates

by Maharathi Basu

Factors like high passenger revenues and low fuel costs are likely to have aided airlines' third-quarter 2019 performance.

Maharathi Basu headshot

Airline Stock Roundup: DAL & UAL's Earnings Beat, SAVE's Q3 View Bullish & More

by Maharathi Basu

Low fuel costs aid the third-quarter 2019 bottom-line performances of Delta (DAL) and United Airlines (UAL).

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.

Stock Market News For Oct 11, 2019

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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.

Maharathi Basu headshot

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

by Maharathi Basu

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.

Maharathi Basu headshot

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

by Maharathi Basu

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?

by Zacks Equity Research

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

Maharathi Basu headshot

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

by Maharathi Basu

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

Eshani Haque headshot

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

by Eshani Haque

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?

by Zacks Equity Research

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

Maharathi Basu headshot

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

by Maharathi Basu

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

by Zacks Equity Research

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

by Zacks Equity Research

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

by Zacks Equity Research

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

Benjamin Rains headshot

Bull of the Day: Allegiant Travel Company (ALGT)

by Benjamin Rains

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