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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.30 USD

2.30
656,731

-0.02 (-0.86%)

Updated Oct 3, 2024 10:16 AM 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

The Zacks Analyst Blog Highlights: Hertz Global Holdings, Spirit Airlines, Belmond, Peak Resorts and Marcus

The Zacks Analyst Blog Highlights: Hertz Global Holdings, Spirit Airlines, Belmond, Peak Resorts and Marcus

LATAM Airlines (LTM) Q3 Earnings Top, Fall Y/Y on Fuel Costs

Fuel cost woes plus depreciation of the Brazilian Real and Argentinean Peso hurt LATAM Airlines' (LTM) Q3 results.

Norfolk Southern Up 29% in a Year: What's Driving the Stock?

Norfolk Southern (NSC) benefits from solid volume growth and constant efforts to streamline operations. The company's efforts to reward shareholders are encouraging.

Why Canadian Pacific (CP) is a Must Add to Your Portfolio

The upward trend in earnings estimates reflect investors' optimism surrounding Canadian Pacific (CP).

FedEx to Upgrade Fleet With 1,000 Chanje Electric Vehicles

FedEx works toward its sustainability goals of better vehicle fuel efficiency and lower emissions by adding 1,000 Chanje Electric Vehicles to its fleet.

The Zacks Analyst Blog Highlights: Spirit Airlines, Marcus, Hudson, Target and Kohl's

The Zacks Analyst Blog Highlights: Spirit Airlines, Marcus, Hudson, Target and Kohl's

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5 Great Travel & Retail Stocks to Buy for Thanksgiving

Travel and shopping are major priorities for Americans over the Thanksgiving period.

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Thanksgiving Travel to be Busiest in 13 Years: Top 5 Gainers

With the rise in income levels, people are willing to spend more on travel this holiday season. As travel volumes are expected to shoot up, investing in travel and leisure companies seems profitable.

American Airlines Pilots Aim for New Contract Talks in 2019

Pilots at American Airlines (AAL) are looking for a fresh contract to improve their pay, working conditions and other things.

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5 Stocks to Profit From the Thanksgiving Weekend Bonanza

Increase in travel this Thanksgiving holiday period will surely lead to an uptick in demand for air tickets and hotel rooms, while retailers stand to benefit as more people are looking to shop at stores and online.

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ETFs & Stocks to Shower Gains This Thanksgiving Week

History shows that the holiday-shortened Thanksgiving week is a bullish feast for stock investors, even with low volumes.

Alaska Air Group Traffic Rises in October, Load Factor Flat

Rising demand for air travel strengthens Alaska Air Group's (ALK) October traffic. However, with traffic growth proportional to capacity expansion, load factor remains flat.

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Transport ETFs & Stocks to Surge on Busy Thanksgiving Travel

The frenzy for trips during the Thanksgiving weekend is far more than the other years.

Are Investors Undervaluing Spirit (SAVE) Right Now?

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.

Copa Holdings (CPA) October Traffic Up, Load Factor Down

Copa Holdings' (CPA) load factor declines in October as capacity expansion exceeds traffic growth.

ZTO Express (ZTO) Q3 Earnings Surpass Estimates, Rise Y/Y

Expanded parcel volume boosts ZTO Express' (ZTO) Q3 results. The company's fourth-quarter outlook is also encouraging.

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Can Crude Slide, Holiday Season Boost Airline Stocks Further?

Air travel is becoming expensive in 2018 owing to surging fuel prices. But oil has seen its deepest international plunge in more than three years, resulting in airline stocks jumping in November.

Copa Holdings (CPA) Q3 Earnings & Revenues Miss on Cost Woes

Escalating fuel prices and weakening of Brazilian and Argentinian currencies hamper Copa Holdings' (CPA) Q3 results.

The Zacks Analyst Blog Highlights: Spirit, EnLink, Phillips 66 and Air France

The Zacks Analyst Blog Highlights: Spirit, EnLink, Phillips 66 and Air France

Genesee & Wyoming Unveils Impressive October Traffic Data

Impressive performance at Genesee & Wyoming's (GWR) North American unit drives its October traffic.

Airline Stock Roundup: Earnings Beat at Azul; LUV, JBLU, HA in Focus

Decline in October load factor for carriers like Southwest Airlines (LUV) might lead to capacity-related woes.

Why United Continental is Up More Than 4% Since Q3 Results

United Continental (UAL) holds promise with encouraging fourth-quarter outlook and continued expansion initiatives.

JetBlue (JBLU) Stock Gains on Robust October Traffic Report

With traffic growth outpacing capacity expansion, JetBlue's (JBLU) load factor rises in October. The carrier's fourth-quarter RASM view remains intact.

LATAM Airlines' October Traffic Rises, Load Factor Down

Strong demand for air travel boosts LATAM Airlines' (LTM) October traffic. However, load factor declines as capacity expansion outpaces traffic growth.

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4 Top Stocks to Gain as Oil Enters Bear Market

Oil movements are quite a chaos right now, thanks to ramped-up production around the globe and weakening demand, particularly from developing economies.