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Spirit Airlines (SAVE)

(Delayed Data from NYSE)

$2.63 USD

2.63
2,181,038

-0.04 (-1.50%)

Updated Aug 27, 2024 04:00 PM ET

After-Market: $2.62 -0.01 (-0.38%) 7:58 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 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

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

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.

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

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

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

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

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

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

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

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

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

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Airline Stock Roundup: Azul Posts Loss in Q4, AAL, JBLU in Focus

Improvement in domestic demand boosts Azul's (AZUL) Q4 results. Meanwhile, JetBlue (JBLU) expands its network as air-travel demand improves in the United States.

The Zacks Analyst Blog Highlights Spirit Airlines, Frontier Group Holdings, SkyWest Allegiant Travel and Gol Linhas

Spirit Airlines, Frontier Group Holdings, SkyWest Allegiant Travel and Gol Linhas are included in this analyst blog.

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Airline Stock Roundup: SAVE's $2.9 B Deal With ULCC, Q4 Earnings of ALGT & SKYW

In the event of Spirit's (SAVE) merger deal with Frontier (ULCC) materializing, $1 billion in consumer savings is likely to be generated annually.

Spirit Airlines (SAVE) Posts Narrower-Than-Expected Q4 Loss

Spirit's (SAVE) fourth-quarter results reflect a significant improvement on a year-over-year basis as air-travel demand recovers.

Company News for Feb 8, 2022

Companies in The News Are: SAVE,ON,ENR,PTON,AMZN,NKE

Spirit Airlines (SAVE) Inks Merger Deal With Frontier Airlines

Spirit Airlines' (SAVE) proposed $2.9-billion merger deal with budget carrier, Frontier Airlines, is expected to enhance competition and create the fifth-largest U.S. airline.

Earnings Data Deluge

Earnings Data Deluge

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Quarterly Beats for Tyson (TSN), Onsemi (ON) and Hasbro (HAS)

Later this week, we'll see new earnings results from The Walt Disney Co. (DIS), Uber (UBER), Coca Cola (KO) and Peloton (PTON).

Spirit (SAVE) Reports Q4 Loss, Tops Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 28.09% and 2.67%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Allegiant Travel (ALGT) Surpasses Q4 Earnings and Revenue Estimates

Allegiant Travel (ALGT) delivered earnings and revenue surprises of 4.42% and 4.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Will Spirit (SAVE) Report Negative Earnings Next Week? 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: AAL, HA Post Q4 Loss, SAVE, GOL in Focus

High fuel costs hurt the Q4 bottom-line performances of the likes of American Airlines (AAL) and Hawaiian Holdings (HA).

Southwest Airlines (LUV) Beats Q4 Earnings and Revenue Estimates

Southwest (LUV) delivered earnings and revenue surprises of 180% and 0.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

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Airline Stocks Fly High in Thursday's Trading: Here's Why

Upbeat passenger traffic during the holidays is likely to have buoyed the Q4 performance of United Airlines (UAL), American Airlines (AAL) and Spirit Airlines (SAVE).

Delta Air Lines (DAL) Tops Q4 Earnings and Revenue Estimates

Delta (DAL) delivered earnings and revenue surprises of 46.67% and 2.58%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

United Airlines (UAL) Offers Staff Higher Pay Through January

United Airlines (UAL) offers its pilots and flight attendants higher pay through January to encourage them to pick up more flying as it grapples with staffing shortages amid a spike in COVID-19 cases.

Spirit (SAVE) to Aid Traffic With More Routes From Memphis

The routes from Memphis, once operational, should boost traffic at Spirit Airlines (SAVE), significantly.

Solid Cash Balance Aids Spirit (SAVE), Rising Fuel Costs Hurt

Strong balance sheet and rising air travel demand are boosting Spirit (SAVE). However, escalating fuel costs are a concern.