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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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Top 5% (13 out of 250)

Industry: Transportation - Airline

Zacks News

Here's Why You Must Dump Ryanair From Your Portfolio Now

Persistent labor clashes and mounting fuel prices compel Ryanair (RYAAY) to slash its profitability forecast for fiscal 2019.

Here's Why You Should Retain American Airlines Stock for Now

Amid rising fuel costs, American Airlines' (AAL) measures to counter the headwind are encouraging. Rising travel demand is another tailwind strengthening its top line.

    Ryanair Trims FY19 View Due to Strikes & Other Headwinds

    Successive strikes in September as well as escalating oil prices force Ryanair (RYAAY) to lower profitability view for fiscal 2019. Simultaneously, the carrier cuts back its winter 2018 capacity.

      United Continental (UAL) Ramps Up Transcontinental Flights

      United Continental's (UAL) unit United Airlines adds flights on its transcontinental routes. Additionally, the carrier will launch the 787-10 Dreamliner aircraft on some of these routes in 2019.

        Delta Down on Investor Update, Hurricane Florence to Hurt Q3

        Delta's (DAL) third-quarter 2018 results are likely to be hurt by Hurricane Florence and high fuel costs. However, lower tax rate is a positive.

          Ryanair's Strike Leaves Above 40,000 Flyers in the Lurch

          Continued labor unrest causing numerous flight cancellations is taking a toll on Ryanair (RYAAY) and affecting its reputation.

            Spirit Airlines Up 42% in a Year: What's Driving the Stock?

            Spirt Airlines (SAVE) benefits from strong demand for air travel and constant efforts to modernize fleet. The company's constant efforts to reward shareholders are encouraging.

              Airline Stock Roundup: DAL, AAL Hike Baggage Fees, RYAAY in Focus

              With high fuel costs taking a toll on profitability, carriers including the likes of American Airlines (AAL) are trying to mitigate the impact by increasing checked baggage fees.

                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.