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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.43 USD

2.43
790,735

+0.09 (3.85%)

Updated Nov 5, 2024 10:23 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 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 5% (13 out of 250)

Industry: Transportation - Airline

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Zacks News

Maharathi Basu headshot

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

by Maharathi Basu

UAL and ALK provide positive updates on the labor front.

JetBlue (JBLU) Boosts Takeover Bid for Spirit Airlines Again

by Zacks Equity Research

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

by Zacks Equity Research

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

Spirit Airlines (SAVE) Backs Frontier Deal on Enhanced Offer

by Zacks Equity Research

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

by Zacks Equity Research

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

Maharathi Basu headshot

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

by Maharathi Basu

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

JetBlue (JBLU) Boosts Proposal to Acquire Spirit Airlines

by Zacks Equity Research

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?

by Zacks Equity Research

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

Maharathi Basu headshot

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

by Maharathi Basu

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

by Zacks Equity Research

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.

Company News for Jun 7, 2022

by Zacks Equity Research

Companies in The News Are: SIAC,LLY,SEDG,SAVE,JBLU

Wall Street Awaits Inflation Data

by Zacks Equity Research

Wall Street Awaits Inflation Data

Mark Vickery headshot

Business Offers & Other Developments Ahead of the Bell

by Mark Vickery

Pre-market futures are buoyant, though it's unclear whether these news items are at all responsible.

Maharathi Basu headshot

Airline Stock Roundup: DAL, HA's Upbeat Q2 Revenue View, SAVE, RYAAY in Focus

by Maharathi Basu

With air-travel demand bouncing back rapidly from the pandemic lows, DAL and HA better their respective Q2 revenue forecast.

Why Is Spirit (SAVE) Up 2% 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.

Spirit Airlines (SAVE)-Frontier Add Break-Up Fee to Merger Deal

by Zacks Equity Research

Spirit Airlines (SAVE) and Frontier decide on a $250-million reverse termination fee in the event of their merger deal failing to get regulatory approvals.

The Zacks Analyst Blog Highlights Spirit Airlines, JetBlue Airways, United Airlines, Ryanair Holdings and Gol Linhas Aereas Inteligentes

by Zacks Equity Research

Spirit Airlines, JetBlue Airways, United Airlines, Ryanair Holdings and Gol Linhas Aereas Inteligentes have been included in this Analyst Blog.

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.