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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.52 USD

2.52
6,888,478

+0.18 (7.69%)

Updated Nov 5, 2024 03:42 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

Spirit Airlines (SAVE) Down 2% Since Q3 Earnings Release

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

Wall Street Analysts Believe Spirit (SAVE) Could Rally 31%: Here's is How to Trade

The consensus price target hints at a 31.3% upside potential for Spirit (SAVE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Spirit (SAVE) Q3 Earnings Beat Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 133.33% and 0.70%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Maharathi Basu headshot

Airline Stock Roundup: Q3 Earnings Beat at AAL, ALK & UAL, SAVE in Focus

Upbeat air-travel demand aids Q3 results of AAL, ALK and UAL.

Will Spirit (SAVE) Report Negative Q3 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.

Maharathi Basu headshot

Airline Stock Roundup: ALGT's Q3 Revenue View Down, Sep Traffic Upbeat at RYAAY

Allegiant (ALGT) now expects Q322 operating revenues to increase 27.5% from the Q319 actuals. Ryanair's (RYAAY) September traffic reflects the buoyancy in air-travel demand.

AZUL Benefits From Air-Travel Demand Despite Rising Expenses

AZUL is benefiting from the recovery in air-travel demand on both domestic and international fronts. However, rising expenses due to higher fuel prices pose a threat to the bottom line.

Spirit (SAVE) Down 8% Since Last Earnings Report: Can It Rebound?

Spirit (SAVE) 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: ALGT's Impressive July Traffic Report, DAL, SAVE in Focus

Spirit Airlines' (SAVE) mechanics vote in favor of unionization. Allegiant's (ALGT) July traffic report betters with the buoyancy in air-travel demand.

Spirit's (SAVE) Mechanics Agree to be Represented by a Union

With Spirit Airlines' (SAVE) mechanics casting their votes in favor of unionization, costs are likely to be jacked up.

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.

Maharathi Basu headshot

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.