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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$2.68 USD

2.68
2,000,843

-0.04 (-1.47%)

Updated Nov 7, 2024 11:12 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 C 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% (12 out of 251)

Industry: Transportation - Airline

Zacks News

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

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

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

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

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%.

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

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

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

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

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

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

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

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?

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?

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).