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Spirit Airlines (SAVE)

(Delayed Data from NYSE)

$2.34 USD

2.34
4,793,454

-0.13 (-5.26%)

Updated Nov 4, 2024 04:00 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

Zacks News

Landstar (LSTR) Rises 7% in a Year: What's Driving the Stock?

Landstar (LSTR) benefits from strong freight demand and efforts to reward shareholders through dividends and buybacks. However, rise in operating expenses is a concern.

Spirit Airlines (SAVE) Hikes Q4 TRASM Projection, Stock Up

Spirit Airlines' (SAVE) top line in the fourth quarter is likely to be driven by factors like favorable pricing of non-ticket items.

Hertz Global (HTZ) Stock Up 35% in a Month: More Room to Run?

Efficient fleet management and strong pricing in the U.S. market are likely to boost Hertz Global (HTZ) performance going forward.

United Continental Hits 52-Week High: Bull Run to Continue?

United Continental (UAL) benefits from high demand for air travel. The factor is also likely to contribute to the company???s top line in the coming quarters.

CSX Stock Rises 38% in a Year: What's Driving the Rally?

CSX benefits from improved operational efficiency. The company's efforts to reward shareholders through dividends and repurchases are encouraging.

United Continental Arm Adds Services to Gear Up for Spring

United Continental's (UAL) unit United Airlines showers passengers with multiple domestic and international flight options to travel during springtime.

Here's Why Investors Should Bet on Union Pacific (UNP) Now

Volume growth and shareholder-friendly initiatives are aiding Union Pacific (UNP) significantly.

The Zacks Analyst Blog Highlights: Spirit Airlines, Hertz Global Holdings, Macy's, Target and Ross Stores

The Zacks Analyst Blog Highlights: Spirit Airlines, Hertz Global Holdings, Macy's, Target and Ross Stores

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.

Tirthankar Chakraborty headshot

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.