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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.53 USD

2.53
6,888,478

+0.19 (8.12%)

Updated Nov 5, 2024 03:46 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.

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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%.

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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

Maharathi Basu headshot

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

by Maharathi Basu

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?

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.

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

by Zacks Equity Research

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

by Zacks Equity Research

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

Maharathi Basu headshot

Passenger Revenues Buoy Airline Industry's Near-Term Outlook

by Maharathi Basu

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

by Zacks Equity Research

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

Maharathi Basu headshot

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

by Maharathi Basu

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

by Zacks Equity Research

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

by Zacks Equity Research

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?

Maharathi Basu headshot

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

by Maharathi Basu

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.

Spirit (SAVE) Reports Next Week: Wall Street Expects Earnings Growth

by Zacks Equity Research

Spirit (SAVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Is Spirit Airlines (SAVE) A Great Pick for Value Investors?

by Zacks Equity Research

Is Spirit Airlines Holdings (SAVE) a great pick from the value investor's perspective right now? Read on to know more.

Spirit Starts Additional Services From Charlotte & Las Vegas

by Zacks Equity Research

Spirit (SAVE) launches several flights from Charlotte to cater to high travel demand during summer. Additionally, the carrier extends its base in Las Vegas with a couple of new destinations.

Maharathi Basu headshot

Airline Stock Roundup: DAL's Impressive May Traffic Report, AAL, LUV in Focus

by Maharathi Basu

Delta's (DAL) impressive May traffic report contributes to the sector tracker gaining over the past week.

Spirit (SAVE) Adds Several Services to Broaden Nashville Base

by Zacks Equity Research

Spirit Airlines' (SAVE) focus on extending its network raises optimism on the stock and should boost its top line going forward.

Why Is Spirit (SAVE) Down 8.7% Since Last Earnings Report?

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 (SAVE) Shares Down 16% YTD: What's Troubling it?

by Zacks Equity Research

High labor costs hinder Spirit's (SAVE) growth prospects. The recent upsurge in fuel prices adds to the pessimism.

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

by Zacks Equity Research

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

Maharathi Basu headshot

Airline Stock Roundup: Q1 Earnings Beat at AAL, LUV, ALK & SKYW

by Maharathi Basu

Issues related to Boeing 737 MAX jets hurt first-quarter 2019 earnings of the likes of American Airlines (AAL), which has multiple such planes in its fleet.

Spirit's (SAVE) Q1 Earnings Meet, CASM View Weak, Stock Down

by Zacks Equity Research

Spirit Airlines' (SAVE) revenues improve year over year in the first quarter of 2019, courtesy of solid passenger revenues.

Will High Labor Costs Hurt Spirit's (SAVE) Q1 Earnings?

by Zacks Equity Research

Rise in labor costs and low unit revenues might hamper Spirit's (SAVE) Q1 results.

Spirit (SAVE) to Report Q1 Results: Wall Street Expects Earnings Growth

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.

Maharathi Basu headshot

Airline Stock Roundup: DAL's Q1 Earnings Beat, JBLU's Revised View & More

by Maharathi Basu

As was the case with Delta's (DAL) Q1 results, we expect other carriers to benefit from high passenger revenues.

Maharathi Basu headshot

Airline Stock Roundup: AAL Gives Update on MAX 737 Grounding, HA, LUV in Focus

by Maharathi Basu

American Airlines (AAL) and Southwest Airlines (LUV) extend the grounding tenure of Boeing 737 Max jets in their fleet. We expect other carriers with such jets to follow suit.

The Zacks Analyst Blog Highlights: Delta, SkyWest, Allegiant and Spirit

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Delta, SkyWest, Allegiant and Spirit