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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

After-Market: $2.33 -0.01 (-0.43%) 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 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 4% (11 out of 250)

Industry: Transportation - Airline

Zacks News

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.

Tirthankar Chakraborty headshot

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.

Air Lease (AL) Q3 Earnings & Revenues Top on Fleet Growth

Consistent fleet growth as well as increase in aircraft sales, trading and other revenues boosts Air Lease's (AL) Q3 results.

Norwegian Cruise Line (NCLH) Q3 Earnings Beat, '18 EPS Up

Higher passenger ticket revenues among other factors contribute to Norwegian Cruise Line's (NCLH) Q3 results. Simultaneously, the company raises its earnings view for the full year.

Southwest Airlines (LUV) Load Factor Declines in October

Even though Southwest Airlines' (LUV) traffic rises in October, load factor in the month declines as capacity expansion outpaces traffic growth.

High Fuel Costs Dampen Airline Industry's Near-Term Outlook

While high costs are likely to dampen near-term prospects, upbeat passenger revenues bode well for airline stocks.

Spirit Airlines (SAVE) Rallies 9% in October: Here's Why

Spirit Airlines (SAVE) benefits from sound operating environment as well as commencement of new routes. However, escalating fuel costs are concerns.

    Here's Why Spirit (SAVE) is a Great Momentum Stock to Buy

    Does Spirit (SAVE) have what it takes to be a top stock pick for momentum investors? Let's find out.

    Southwest (LUV) Offers Numerous Options for Holiday Travel

    This peak holiday season, Southwest (LUV) enhances travel experience with several new flights. This is turn, boosts its domestic and international services.

      Spirit (SAVE) Soars to 52-Week High, Time to Cash Out?

      Spirit (SAVE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

      Airline Stock Roundup: Q3 Earnings Beat at AAL, LUV & Others Amid Fuel Cost Woes

      The string of Q3 earnings outperformances leads to the sector tracker gaining over the past five trading days.

      Spirit Airlines (SAVE) Up on Q3 Earnings & Revenue Beat

      Robust passenger revenues and better operating yields boost Spirit Airlines' (SAVE) Q3 results.

      Spirit (SAVE) Q3 Earnings and Revenues Surpass Estimates

      Spirit (SAVE) delivered earnings and revenue surprises of 5.76% and 0.03%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

      Airline Stocks' Q3 Earnings Due on Oct 25: AAL, ALK & More

      Higher fuel costs do not bode well for airlines. Solid demand for air travel, however, is a positive.

      Spirit (SAVE) Q3 Earnings Preview: What's in the Cards?

      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.

      SkyWest (SKYW) September Block Hours Fall, Load Factor Rises

      SkyWest (SKYW) posts a decline in September block hours in line with its fleet transition plans. Rise in the key metric, load factor, is a positive.

      Southwest Airlines' September Traffic Up, Load Factor Down

      Rising demand for air travel lifts Southwest Airlines' (LUV) traffic in September. However, load factor declines as capacity expansion exceeds traffic growth.

      Hawaiian Holdings' Arm Posts Drop in September Load Factor

      Hawaiian Holdings (HA) unit Hawaiian Airlines' September load factor slips as capacity expansion exceeds traffic growth. Additionally, the carrier alters view for RASM, unit costs and fuel consumed.

      Nalak Das headshot

      Shrug Off Market Volatility With 4 Top-Ranked Value Picks

      The recent stock market volatility may be transitory in nature, given the strong economic fundamentals of the United States.