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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.64 USD

2.64
3,710,571

-0.03 (-1.12%)

Updated Aug 27, 2024 09:45 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.

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F Value F Growth F 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 10% (226 out of 251)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

Spirit (SAVE) to Resume Fort Lauderdale-Managua Daily Service

The impending resumption of nonstop flights between South Florida and Managua boosts Spirit Airlines' (SAVE) international network.

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Airline Stock Roundup: AAL Orders High-Speed Jets, DAL Gives Expansion Update

American Airlines (AAL) aims to buy 20 supersonic jets. Spirit Airlines (SAVE) excels in terms of operational performance during summer.

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Airline Stock Roundup: SAVE's Narrower-Than-Expected Q2 Loss, CPA's July Traffic

SAVE's Q2 loss narrows. CPA's capacity in July 2022 decreases from the July 2019 level.

Spirit Airlines (SAVE) Q2 Earnings & Revenues Beat, Up Y/Y

Spirit Airlines (SAVE) second-quarter 2022 earnings and revenues increase year over year.

Spirit (SAVE) Reports Q2 Loss, Tops Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 11.76% and 0.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sun Country Airlines Holdings, Inc. (SNCY) Reports Q2 Loss, Misses Revenue Estimates

Sun Country Airlines Holdings, Inc. (SNCY) delivered earnings and revenue surprises of -123.08% and 0.40%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Copa Holdings (CPA) Q2 Earnings and Revenues Beat Estimates

Copa Holdings (CPA) delivered earnings and revenue surprises of 18.52% and 2.80%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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Airline Stock Roundup: JBLU to Buy SAVE for $3.8 B, LUV's Q2 Earnings & More

Buoyant air-travel demand aids LUV's Q2 results. Like LUV, SKYW reports better-than-expected earnings per share and revenues for the June quarter.

SkyWest (SKYW) Beats Q2 Earnings and Revenue Estimates

SkyWest (SKYW) delivered earnings and revenue surprises of 122.92% and 14.36%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Will Spirit (SAVE) Report Negative Q2 Earnings? What You Should Know

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.

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Airline Stock Roundup: DAL's Q2 Earnings Miss, AAL's Bullish Q2 Revenue View & More

High fuel costs hurt DAL's Q2 earnings. AAL expects a pre-tax profit in Q2.

Why Spirit Airlines (SAVE) Stock Fell in Yesterday's Trading

ULCC requests SAVE's management to defer its shareholders' vote to Jul 27.

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Airline Stock Roundup: Pay Hike Likely for AAL Pilots, GOL's June Traffic & More

Positive updates on the labor front emanate from AAL and RYAAY.

Spirit Airlines (SAVE) Delays Vote to Engage in Merger Talks

Spirit Airlines (SAVE) postpones its shareholders' meeting for the second time as it intends to continue to engage in merger talks with Frontier and JetBlue.

Spirit Airlines (SAVE) Sticks to Frontier, Rejects JetBlue Offer

Spirit Airlines (SAVE) remains committed to its merger deal with Frontier as it cites greater regulatory risks in a potential deal with JetBlue.

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Airline Stock Roundup: Pay Hike Likely for UAL Pilots, SAVE Takeover Saga & More

UAL and ALK provide positive updates on the labor front.

JetBlue (JBLU) Boosts Takeover Bid for Spirit Airlines Again

With an increased reverse termination fee and a ticking fee, JetBlue's (JBLU) offer to acquire Spirit Airlines is valued at $34.15 per share.

Company News for Jun 28, 2022

Companies in The News Are: BNTX,PFE,WBA,HOOD,SAVE,ULCC,JBLU

Spirit Airlines (SAVE) Backs Frontier Deal on Enhanced Offer

Spirit Airlines (SAVE) amends previously announced merger agreement with Frontier to include higher per-share cash consideration among others as it turns down JetBlue's takeover offer yet again.

Company News for Jun 22, 2022

Companies in The News Are: K, SAVE, JBLU, LEN, AMD

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Airline Stock Roundup: JBLU Ups Bid for SAVE, RYAAY's Labor Woes & More

LUV increases its load factor forecast for Q2. Meanwhile, JBLU sweetens its SAVE buyout offer.

JetBlue (JBLU) Boosts Proposal to Acquire Spirit Airlines

JetBlue (JBLU) raises its takeover offer for Spirit Airlines by $2 to $33.50 per share. The enhanced proposal continues to offer a prepayment of the reverse break-up fee.

Copa Holdings (CPA) Down 4.3% Since Last Earnings Report: Can It Rebound?

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

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Airline Stock Roundup: ALK, AAL's Upbeat Q2 Revenue Views, SAVE, GOL in Focus

With air-travel demand bouncing back rapidly from the pandemic lows, AAL and ALK better their respective Q2 revenue forecasts.

JetBlue (JBLU) Ups Break-Up Fee in Bid for Spirit Airlines

In an enhanced bid for Spirit Airlines, JetBlue (JBLU) not only raises its break-up fee but also promises to prepay part of the termination fee soon after the former's shareholders approve the deal.