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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.31 USD

2.31
706,013

-0.01 (-0.43%)

Updated Oct 3, 2024 10:20 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

Top Ranked Value Stocks to Buy for September 26th

Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 26th:

    Eshani Haque headshot

    Airline Stocks Plummet in Monday's Trading: Take a Look

    High fuel and labor costs, restricting bottom-line growth of airlines, are major drags for the airline industry going forward.

      Spirit Airlines (SAVE) to Strengthen its Base in Florida

      Spirit Airlines (SAVE) is constantly looking to broaden its network. The latest initiative is aimed at strengthening the company's base in its home state.

        Airlines Attempt to Offset Rising Costs Via Baggage Fee Hike

        Airlines grappling with high operating expenses are looking to boost revenue base through increased bag fees.

          Airline Stock Roundup: LUV's Improved Q3 Unit Revenue View, ALK & SKYW in Focus

          While high fuel costs are expected to limit bottom-line growth in Q3, improved unit revenue projection from the likes of Southwest Airlines (LUV) is encouraging.

            Top Ranked Momentum Stocks to Buy for September 11th

            Here are four stocks with buy rank and strong momentum characteristics for investors to consider today, September 11th:

              Why Is Spirit (SAVE) Up 7.1% Since Last Earnings Report?

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

                Here's Why You Should Hold Spirit Airlines in Your Portfolio

                Strong demand for air travel boosts Spirit Airlines' (SAVE) top line. The company's efforts to modernize fleet and reward shareholders through buybacks look impressive.

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

                  High fuel costs hurt the earnings results of airline companies in the second quarter of 2018.

                    JetBlue Announces Ratification of 4-Year Pilot Contract

                    JetBlue's (JBLU) bottom line might be stressed with the pilot contract ratification.

                      Stock Market News For Jul 27, 2018

                      U.S. markets closed largely in the red on Thursday

                        Spirit (SAVE) Q2 Earnings Beat, Decline Y/Y on High Costs

                        Year-over-year improvement in revenues aids Spirit's (SAVE) Q2 results. However, high fuel costs hurt the bottom line.

                          Airline Stocks' Q2 Earnings Due on Jul 26: AAL, LUV & More

                          Headwinds like high fuel costs and capacity-woes are likely to hurt airlines' earnings.

                            Spirit (SAVE) Q2 Earnings: What's in the Cards for the Stock?

                            High fuel costs and soft unit revenues might hamper Spirit's (SAVE) Q2 results. However, the effect could be partly offset by a decline in non-fuel unit costs.

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

                              Strong demand for air travel leads to Delta's (DAL) and United Continental's (UAL) impressive second-quarter performances.

                                Radek Gralak headshot

                                What Does Delta's Report Say About United Ahead of Earnings?

                                Delta (DAL) started off the Q2 earnings season positively for the airline industry. But with fuel costs rising throughout the airline industry, can United (UAL) mirror that success next week?

                                  Spirit Airlines (SAVE) in Focus: Stock Moves 10.2% Higher

                                  Spirit Airlines (SAVE) was a big mover last session, as the company saw its shares rise more than 10% on the day.

                                    Ryan McQueeney headshot

                                    Here's Why Airline Stocks (AAL, UAL, DAL) Are Slumping Today

                                    Shares of several major airline stocks moved sharply lower in morning trading Wednesday after domestic giant American Airlines (AAL) lowered its unit revenue and unit cost guidance for the second quarter.

                                      Southwest (LUV) Inks Labor Deal With Aircraft Mechanics

                                      Southwest (LUV) enters into an agreement with its aircraft mechanics for higher wages and other benefits.

                                        Spirit to Offer More International Flights From Houston

                                        Spirit (SAVE) continues to expand international footprint with more flight introductions from Houston.

                                          Airline Stock Roundup: IT Glitch at AAL, ALK & CPA's May Traffic Reports in Focus

                                          Investors keenly await updates on the possibility of a new US-based carrier launch by JetBlue's (JBLU) founder.

                                            Spirit (SAVE) to Begin Flights From Piedmont Triad to Florida

                                            Spirit (SAVE) grows its network announcing new routes from Piedmont Triad to key cities in Florida.

                                              Airline Stock Roundup: DAL's Return to India, ALGT's Fleet Upgrade & More

                                              With expenses on fuel representing a major input cost for airlines, the direction of oil prices are likely to influence the share prices of the sector participants in the coming days.

                                                Why is Spirit Airlines (SAVE) Stock Down 10% in 6 Months?

                                                Rising fuel prices pose a threat to Spirit Airlines' (SAVE) bottom line. Declining unit revenues and capacity overexpansion are added concerns.

                                                  Spirit Airlines (SAVE) Up 3.6% Since Earnings Report: Can It Continue?

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