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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.31 USD

2.31
656,731

-0.01 (-0.43%)

Updated Oct 3, 2024 10:18 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%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 42% (146 out of 252)

Industry: Transportation - Airline

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Zacks News

Nor'easter Cripples Airline Operations: What Lies Ahead?

by Zacks Equity Research

With high costs impeding bottom-line growth of carriers, multiple flight cancellations caused by the storm is likely to dent their top-line performances.

    Alaska Air Group (ALK) Arm to Share Codes With Fiji Airways

    by Zacks Equity Research

    Alaska Air Group's (ALK) deal with Fiji Airways is a positive move and should improve travel experience.

      Spirit Airlines' (SAVE) 5-Year Contract With Pilots Ratified

      by Zacks Equity Research

      Spirit Airlines' (SAVE) pilots ratify a five-year contract related to pay hikes. It remains to be seen how this affects the company's bottom line going forward.

        Spirit Airlines to Boost Caribbean Base Through New Flights

        by Zacks Equity Research

        Spirit Airlines (SAVE) expands its Caribbean footprint with a new service to St. Croix from Fort Lauderdale.

          Alaska Air Group's January Load Factor Declines, Stock Falls

          by Zacks Equity Research

          Capacity overexpansion is a major problem for airlines including Alaska Air Group (ALK). Also, the load factor at the company is likely to be pressurized throughout 2018 due to this issue.

            Airline Stock Roundup: SAVE, SKYW Q4 Earnings Top, DAL's January Traffic & More

            by Zacks Equity Research

            Increased demand for air travel has boosted the top line of most carriers in Q4. However, rise in fuel costs have limited bottom-line growth.

              Stock Market News For Feb 7, 2018

              by Zacks Equity Research

              Markets roared back to life on Tuesday after Dow rose more than 500 points to end in positive territory.

                Spirit Airlines (SAVE) Q4 Earnings & Revenues Top, Stock Up

                by Zacks Equity Research

                Spirit Airlines (SAVE) benefits from increased demand for air travel in Q4. Revenues in the period rise on the back of flight volume expansion.

                  Spirit Airlines (SAVE) Beats on Q4 Earnings

                  by Zacks Equity Research

                  Increased demand for air travel aided Spirit Airlines' (SAVE) results in the fourth quarter of 2017.

                    Spirit Airlines (SAVE) Q4 Earnings: What's in the Cards?

                    by Zacks Equity Research

                    High fuel costs are likely to hurt Spirit Airlines' (SAVE) bottom line in Q4. Additionally, capacity overexpansion is a cause for concern.

                      Allegiant (ALGT) Earnings Surpass Estimates in Q4, Up Y/Y

                      by Zacks Equity Research

                      Impressive demand for air travel boosted Allegiant's (ALGT) Q4 results. The company's efforts to modernize its fleet are encouraging as well.

                        UPS' Earnings and Revenues Surpass Estimates in Q4, Up Y/Y

                        by Zacks Equity Research

                        UPS' outperformance in the fourth quarter of 2017 aided by strong export volumes. The company's efforts to reward shareholders are encouraging as well.

                          Airline Stock Roundup: AAL, LUV Beat on Q4 Earnings, JBLU Misses, ALK & HA Meet

                          by Zacks Equity Research

                          The NYSE ARCA Airline index is declining despite companies like American Airlines (AAL) outperforming in Q4.

                            C.H. Robinson (CHRW) Surpasses on Earnings & Revenues in Q4

                            by Zacks Equity Research

                            Higher revenues and volume growth across most sub-groups in the transportation division drive C.H. Robinson's (CHRW) Q4.

                              JetBlue (JBLU) Q4 Earnings Miss Estimates, Decrease Y/Y

                              by Zacks Equity Research

                              High costs hurt JetBlue's (JBLU) bottom line in Q4. Also, capacity overexpansion remains a concern for the company.

                                Union Pacific (UNP) Misses on Q4 Earnings, Revenues Beat

                                by Zacks Equity Research

                                Union Pacific (UNP) reported lower-than-expected Q4 earnings, resulting in the stock falling. Declining coal volumes are concerning.

                                  Southwest Airlines (LUV) Beats on Q4 Earnings & Revenues

                                  by Zacks Equity Research

                                  Southwest Airlines' (LUV) results in Q4 benefit from a substantial rise in unit revenues. Load factor in the quarter also rise owing to traffic growth in excess of capacity expansion.

                                    American Airlines (AAL) Q4 Earnings Top Estimates, Up Y/Y

                                    by Zacks Equity Research

                                    Strong demand for air travel and improving yields aided American Airlines' (AAL) fourth-quarter results.

                                      Alaska Air Group (ALK) Q4 Earnings In Line, Decline Y/Y

                                      by Zacks Equity Research

                                      High operating expenses hamper Alaska Air Group's (ALK) Q4 results. However, a healthy rise in passenger revenues in the quarter drives results.

                                        What's in Store for Norfolk Southern (NSC) in Q4 Earnings?

                                        by Zacks Equity Research

                                        Norfolk Southern's (NSC) declining automotive revenues may affect results in Q4. However, the improved coal and intermodal scenario is likely to aid results.

                                          The Zacks Analyst Blog Highlights: Delta Air Lines, American Airlines Group, JetBlue Airways, Gol Linhas Aereas Inteligentes S.A. and Spirit Airlines

                                          by Zacks Equity Research

                                          The Zacks Analyst Blog Highlights: Delta Air Lines, American Airlines Group, JetBlue Airways, Gol Linhas Aereas Inteligentes S.A. and Spirit Airlines

                                            United Continental's (UAL) Q4 Earnings: What's in the Cards?

                                            by Zacks Equity Research

                                            United Continental's (UAL) fourth-quarter results are likely to be aided by higher passenger revenues. However, higher costs are expected to limit bottom-line growth.

                                              Canadian National (CNI) Q4 Earnings: What's in the Cards?

                                              by Zacks Equity Research

                                              High fuel costs and lower revenues at Forest Products plus Grain and Fertilizers segments might hurt Canadian National (CNI) in Q4. However, volume expansion at key units is likely to boost results.

                                                Should Value Investors Consider Spirit Airlines (SAVE) Stock?

                                                by Zacks Equity Research

                                                Let's put Spirit Airlines, Inc. (SAVE) stock into this equation and find out if it is a good choice for value-oriented investors right now.

                                                  Will Rising Costs Dampen J.B. Hunt's (JBHT) Q4 Earnings?

                                                  by Zacks Equity Research

                                                  High labor costs might hamper J.B. Hunt's (JBHT) results in Q4. The company's high-debt levels are a further concern.