Back to top
more

Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.84 USD

2.84
2,874,960

+0.03 (1.07%)

Updated Jul 23, 2024 03:50 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

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 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%.

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

Bottom 14% (215 out of 250)

Industry: Transportation - Airline

Zacks Premium FeatureView All Zacks #1 Ranked Stocks

Better trading starts here.

Zacks News

Maharathi Basu headshot

Airline Stock Roundup: SAVE Rejects JBLU's Offer Again, UAL Ups Q2 Revenue View

by Maharathi Basu

UAL expects total unit revenues in Q2 to increase in the 23-25% band from the second-quarter 2019 actuals. RYAAY's loss narrows in Q4 fiscal 2022.

Spirit (SAVE) Stock Up 13.49% in Monday's Trading: Here's Why

by Zacks Equity Research

JetBlue (JBLU) aims to acquire all the outstanding shares of Spirit Airlines (SAVE) for $30 per share.

Markets Await Big Box Retail Earnings Report

by Zacks Equity Research

Markets Await Big Box Retail Earnings Report

Mark Vickery headshot

Retailers to Report Q1 Earnings; JBLU Bids for SAVE

by Mark Vickery

Walmart shares are still in positive territory year to date, although they are notably off their April 21st highs.

Maharathi Basu headshot

Airline Stock Roundup: SAVE Rejects JBLU's Takeover Offer, ALGT in Focus

by Maharathi Basu

Ryanair (RYAAY) operates more than 82,600 flights in April. Meanwhile, Allegiant (ALGT) incurs a loss in Q1.

Spirit (SAVE) Reports Q1 Loss, Tops Revenue Estimates

by Zacks Equity Research

Spirit (SAVE) delivered earnings and revenue surprises of -3.90% and 1.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Will Spirit (SAVE) Report Negative Q1 Earnings? What You Should Know

by Zacks Equity Research

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.

Spirit Airlines (SAVE) to Begin Talks on JetBlue's $3.6B Offer

by Zacks Equity Research

Spirit Airlines (SAVE) feels that JetBlue's $3.6B offer could lead to a "superior proposal" from its previously inked merger agreement with Frontier Airlines.

Maharathi Basu headshot

Airline Stock Roundup: JBLU's $3.6 B Bid to Buy SAVE, RYAAY's Better View & More

by Maharathi Basu

JetBlue (JBLU) offers $3.6 B to buy Spirit (SAVE), Delta (DAL) looks to modernize its fleet.

Xenia Hotels & Resorts and Lands' End have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Xenia Hotels & Resorts and Lands' End are part of today's Zacks Bull and Bear of the Day article.

JetBlue (JBLU) Proposes $3.6B Deal to Acquire Spirit Airlines

by Zacks Equity Research

The proposed deal with Spirit Airlines is expected to expand JetBlue's (JBLU) network across the United States, the Caribbean and Latin America, offering customers more than 1,700 daily flights.

Mark Vickery headshot

Lael Brainard Turns Hawkish, Snags Indexes

by Mark Vickery

The Dow fell -279 points, -0.80%, the S&P 500 shed -57 points, -1.25%. But the Nasdaq dropped -328 points, -2.26%, and the Russell lost -49 points, -2.36%.

Maharathi Basu headshot

Airline Stock Roundup: JBLU to Boost Workforce, ALK Gives Better Q1 Revenue View

by Maharathi Basu

Alaska Air (ALK) expects Q1 fuel cost per gallon to be $2.62. Spirit (SAVE) declares to expand its network in response to the air-travel demand expansion this summer.

Spirit (SAVE) to Add Routes From Newark to Boost Summer Travel

by Zacks Equity Research

The route additions by Spirit Airlines (SAVE) are likely to generate substantial traffic, thereby boosting its top line.

Maharathi Basu headshot

Airline Stock Roundup: ALGT's Increased Q1 Fuel Cost View, DAL's Deal With Gevo

by Maharathi Basu

Allegiant (ALGT) expects Q1 fuel cost per gallon to be $3.05. Spirit (SAVE) expands its network in response to the air-travel demand swell.

Spirit Airlines (SAVE) to Add Three Nonstop Routes to Las Vegas

by Zacks Equity Research

Spirit Airlines (SAVE) is set to begin nonstop daily service to Albuquerque, NM; Boise, ID and Reno, NV out of Las Vegas this August.

Maharathi Basu headshot

Airline Stock Roundup: ALK's Higher Q1 Fuel Cost View, GOL's Solid Traffic & More

by Maharathi Basu

With air-travel demand improving, Gol Linhas' (GOL) February traffic rises substantially. Hawaiian Holdings' (HA) unit Hawaiian Airlines aims to re-start a seasonal service this year.

Why Is Spirit (SAVE) Down 25.4% Since Last Earnings Report?

by Zacks Equity Research

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

Strength Seen in American Airlines (AAL): Can Its 5.2% Jump Turn into More Strength?

by Zacks Equity Research

American Airlines (AAL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Maharathi Basu headshot

Airlines See a Sharp Decline in Monday's Trading: Here's Why

by Maharathi Basu

Expenses on fuel represent a major component of operating costs of airlines including DAL, UAL, HA and SAVE.

Spirit Airlines (SAVE) to Add Crew Bases in Miami and Atlanta

by Zacks Equity Research

Spirit Airlines (SAVE) aims to boost staffing by adding new pilot and flight attendant bases in Miami and Atlanta this summer.

Maharathi Basu headshot

Airline Stock Roundup: U.S. Shuts Airspace for Russia, SAVE, RYAAY in Focus

by Maharathi Basu

United Airlines (UAL) and Spirit Airlines (SAVE) decide to expand their respective networks.

Spirit Airlines (SAVE) to Add Flights to Mexico in June

by Zacks Equity Research

Spirit Airlines (SAVE) is expanding its presence in Mexico with nonstop flights from Austin and Houston set to begin in June.

Spirit Airlines (SAVE) Launches Orlando-Ponce Daily Service

by Zacks Equity Research

Spirit Airlines' (SAVE) new service to Ponce adds to the airline's existing flights to San Juan and Aguadilla in Puerto Rico.

The Zacks Analyst Blog Highlights: Azul, American Airlines, JetBlue Airways and Spirit Airlines

by Zacks Equity Research

Azul, American Airlines, JetBlue Airways and Spirit Airlines are highlighted in this Analyst Blog.