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Spirit Airlines (SAVE)

(Delayed Data from NYSE)

$2.67 USD

2.67
3,710,571

-0.13 (-4.64%)

Updated Aug 26, 2024 04:00 PM ET

After-Market: $2.68 +0.01 (0.37%) 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 14% (215 out of 251)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

The Zacks Analyst Blog Highlights: Copa Holdings, Allegiant Travel Company, Spirit Airlines, United Airlines and American Airlines

The Zacks Analyst Blog Highlights: Copa Holdings, Allegiant Travel Company, Spirit Airlines, United Airlines and American Airlines

Maharathi Basu headshot

Airline Stock Roundup: Q3 Earnings Results of CPA, ALGT, UAL, AAL & SAVE in Focus

An uptick in passenger revenues aids Copa's (CPA) Q3 results. American Airlines (AAL) expands its international network.

Spirit Airlines (SAVE) to Add Nonstop Flights From Manchester

Spirit Airlines (SAVE) is set to launch two additional services out of Manchester-Boston Regional Airport, offering customers wider options to connect internationally.

AZUL's Q3 Loss Narrower Than Expected, Revenues Beat Mark

AZUL's Q3 results reflect substantial improvement on a sequential basis as air-travel demand improves, courtesy of widespread vaccination programs in Brazil.

Gol Linhas' (GOL) Q3 Loss In Line, Revenues Increase Y/Y

Gol Linhas' (GOL) Q3 results benefit from continued recovery in air-travel demand in Brazil. However, results reflect significant decline from the pre-pandemic levels.

Ryanair (RYAAY) Posts Strong October Traffic Statistics

With continued recovery in air-travel demand in the European Union, Ryanair's (RYAAY) October traffic rises year-over-year as well as sequentially.

Maharathi Basu headshot

Airline Stock Roundup: Q3 Earnings Results From ALGT, SKYW & SAVE, JBLU in Focus

High fuel costs dent Q3 results of the likes of Allegiant (ALGT) & Spirit Airlines (SAVE).

Ryanair's (RYAAY) Q2 Earnings & Revenues Miss Estimates

Despite falling short of estimates, Ryanair's (RYAAY) Q2 results reflect significant improvement on a year-over-year basis due to surge in traffic with easing coronavirus-led restrictions.

Wall Street Starts November in Green

Wall Street Starts November in Green.

Mark Vickery headshot

Indexes Stay Green; American Cancels Almost 2000 Flights

American Airlines (AAL) has something of a damper for all this heated market excitement this morning: after cancelling 1800 flights or so over the weekend.

SkyWest (SKYW) Q3 Earnings & Revenues Beat Estimates, Rise Y/Y

SkyWest's (SKYW) Q3 results reflect significant improvement on a year-over-year basis due to increase in block hours on completed flights as air-travel demand recovers.

Spirit Airlines (SAVE) Posts Narrower-Than-Expected Q3 Loss

High fuel costs hurt Spirit Airlines' (SAVE) Q3 performance.

Spirit (SAVE) Reports Q3 Loss, Misses Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 27.37% and -1.37%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

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

Delta (DAL) Raises Fuel Cost Alarm: Other Airlines to Follow?

Delta's (DAL) unfavorable forecast for fuel price per gallon drags down the share prices of other carriers too.

Shrestha Pal headshot

Spirit Airlines (SAVE) Begins Service From Miami Airport

Spirit Airlines' (SAVE) plan to expand at Miami is in response to the uptick in air-travel demand.

Eshani Haque headshot

Spirit Airlines (SAVE) Mired in Headwinds: Time to Dump?

Spirit Airlines (SAVE) has lately been grappling with operational disruptions and weak bookings. Rising fuel costs are an added headwind.

Maharathi Basu headshot

U.S. Aviation Stocks Gain After Update on Merk's COVID-19 Pill

Delta Air Lines (DAL) management's commentary that its ticket sales are improving bodes well.

Eshani Haque headshot

Delta Variant-Led Drop in Travel Throws US Airlines Off Course

Alaska Air Group (ALK), American Airlines (AAL), Spirit Airlines (SAVE) and Southwest Airlines (LUV) experience softness in bookings as the Delta variant worsens air-travel demand.

Alaska Air (ALK) Lowers Q3 View on Delta Variant-Led Woes

While Alaska Air (ALK) reduces total revenue guidance for the third quarter, it continues to anticipate positive pretax margin for the period.

The Zacks Analyst Blog Highlights: Delta Air Lines, Southwest Airlines, American Airlines and Spirit Airlines

The Zacks Analyst Blog Highlights: Delta Air Lines, Southwest Airlines, American Airlines and Spirit Airlines

Maharathi Basu headshot

Hurricane Ida: Another Headache for Delta Variant-Hit Airlines?

In a bid to mitigate the harassment caused to passengers by Hurricane Ida, airlines like Delta (DAL) are offering travel waivers.

Maharathi Basu headshot

DAL Ups Unvaccinated Health Costs: Other Airlines to Follow?

Delta Air's (DAL) decision is aimed at addressing the financial perils the company might grapple with pertaining to unvaccinated employees.

Southwest (LUV) to Cut Flights to Address Operational Issues

Southwest (LUV) plans to reduce flight schedules from September onward to protect its operations from disruptions that led to multiple flight cancelations this summer.

Why Is Spirit (SAVE) Down 13.6% 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.