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Spirit Airlines (SAVE)

(Delayed Data from NYSE)

$2.70 USD

2.70
5,072,844

-0.02 (-0.74%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $2.68 -0.02 (-0.74%) 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 D 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 4% (10 out of 251)

Industry: Transportation - Airline

Zacks News

Spirit (SAVE) Reports Q4 Loss, Tops Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 3.55% and 0.13%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Frontier Group Holdings (ULCC) Reports Break-Even Earnings for Q4

Frontier Group (ULCC) delivered earnings and revenue surprises of 100% and 0.06%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Allegiant Travel (ALGT) Q4 Earnings and Revenues Top Estimates

Allegiant Travel (ALGT) delivered earnings and revenue surprises of 116.42% and 1.59%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Spirit Airlines (SAVE) to Report Q4 Earnings: What's in Store?

Spirit Airlines' (SAVE) Q4 performance is likely to have improved as air traffic spikes.

Spirit (SAVE) Expected to Beat Earnings Estimates: Should You Buy?

Spirit (SAVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Allegiant (ALGT) to Report Q4 Earnings: What's in Store?

Allegiant's (ALGT) Q4 performance is expected to have been hurt by high fuel costs.

Dorian LPG (LPG) to Report Q3 Earnings: What's in Store?

Increased demand for liquefied petroleum gases from Asia is likely to have boosted Dorian LPG's (LPG) performance in Q3.

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3 Airline Stocks Likely to Surpass Q4 Earnings Estimates

Airline stocks such as Allegiant Travel (ALGT), Spirit Airlines (SAVE) and Frontier Group Holdings (ULCC) are likely to have benefited from upbeat passenger volumes in the fourth quarter.

Spirit (SAVE) Issues Bullish Q4 Guidance, Backs JBLU Deal

Spirit Airlines (SAVE) expects fuel cost per gallon to be $3.18 in Q4.

Strength Seen in Spirit (SAVE): Can Its 17.2% Jump Turn into More Strength?

Spirit (SAVE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

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Airline Stock Roundup: DAL's Q4 Earnings Beat, JBLU-SAVE Merger Hits a Roadblock

JetBlue Airways' (JBLU) impending takeover of Spirit Airlines (SAVE) hits a roadblock after a federal judge blocks the deal.

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Time for Quality ETFs on Mounting Uncertainties?

Global shares experienced a slump on Jan 16, 2024 in response to fresh economic data that heightened concerns about China's economy. Also, bets over imminent Fed rate cuts weakened.

Wall Street Waits for Key Inflation Data

Wall Street Waits for Key Inflation Data.

Here's Why Investors Should Hold Spirit Airlines (SAVE) Now

Strong air-travel demand and low debt boost Spirit Airlines (SAVE).

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Trading Week Backloaded with CPI, PPI, Q4 Earnings

We'll see a slow trickle of quarterly earnings reports this week until the spigot opens Friday morning with Q4 results from some of the biggest Wall Street banks.

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Airline Stock Roundup: ALK to Buy HA for $1.9B, RYAAY's Traffic Impresses

Alaska Air's (ALK) fleet size will increase considerably if the deal to buy HA materializes. Upbeat air-travel demand aids Ryanair's (RYAAY) November traffic.

Alaska Air (ALK) Inks $1.9B Deal to Buy Hawaiian Airlines

The $1.9 billion deal, on closure, will boost Alaska Air's (ALK) fleet size considerably apart from offering other benefits.

United Airlines (UAL) to Add Direct Flights to Mexico's Tulum

United Airlines' (UAL) decision to add flights to Tulum is a prudent move, which is likely to attract significant traffic.

Here's Why Investors Should Avoid Spirit Airlines (SAVE) Now

High fuel costs and elevated capital expenditures do not bode well for Spirit Airlines' (SAVE) bottom line.

The Zacks Analyst Blog Highlights JetBlue Airways, Spirit Airlines, Delta Air Lines, SkyWest and United Airlines

JetBlue Airways, Spirit Airlines, Delta Air Lines, SkyWest and United Airlines are part of the Zacks top Analyst Blog.

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Airline Stock Roundup: JBLU Posts Dull Q3 Results, DAL Updates on Israel Flights

JetBlue (JBLU) incurs a wider-than-expected loss in Q3. SkyWest's fleet modernization efforts are impressive.

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Airline Stock Roundup: Q3 Earnings Reports of LUV, ALK, SAVE & Others

Hawaiian Holdings' (HA) third-quarter 2023 loss widens due to downbeat revenues. Southwest Airlines (LUV) reports in-line earnings in the third quarter.

Spirit (SAVE) Reports Q3 Loss, Tops Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 6.80% and 0.61%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Analysts Estimate Southwest Airlines (LUV) to Report a Decline in Earnings: What to Look Out for

Southwest (LUV) 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.

Analysts Estimate Spirit (SAVE) to Report a Decline in Earnings: What to Look Out for

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.