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Spirit Airlines (SAVE)

(Real Time Quote from BATS)

$4.11 USD

4.11
2,928,740

+0.08 (1.99%)

Updated Apr 19, 2024 01:22 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%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value F Growth B 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

Top 37% (93 out of 250)

Industry: Transportation - Airline

Better trading starts here.

Zacks News

Maharathi Basu headshot

Airline Stock Roundup: UAL & ALK Report Q1 Loss, SAVE Tweaks View

United Airlines' (UAL) Q1 results benefit from strong air travel demand. Allegiant Travel's (ALGT) flight attendants become eligible for a huge pay raise.

Spirit Airlines (SAVE) Makes Adjustments to Q1 Expectations

Spirit Airlines (SAVE) expects fuel cost per gallon to be $2.90 in Q1.

Maharathi Basu headshot

Airline Stock Roundup: DAL's Q1 Earnings Beat, SAVE Gives Fleet Updates

Delta (DAL) performs well in Q1, driven by strong air travel demand. Copa Holdings (CPA) reports an 11.5% increase in air traffic for March.

How to Boost Your Portfolio with Top Transportation Stocks Set to Beat Earnings

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Spirit Airlines (SAVE) Pushes Back Airbus Aircraft Deliveries

Spirit Airlines' (SAVE) deal with Airbus to defer aircraft deliveries will boost its liquidity by $340 million over the next two years.

Maharathi Basu headshot

Airline Stock Roundup: AZUL Posts Loss in Q4, ALGT's February Traffic Improves

JetBlue (JBLU) expands its international presence. Alaska Air (ALK) expects its long-term profitability to be hurt due to Boeing's woes.

Spirit Airlines (SAVE) Inks Deal With International Aero Engines

The deal with IAE provides a breather to Spirit Airlines (SAVE), which is grappling with liquidity issues.

Here's Why You Should Retain Spirit Airlines (SAVE) Stock Now

Spirit Airlines (SAVE) benefits from the improved air travel demand. However, the company faces challenges from increasing operating costs and capital expenditures.

JetBlue Airways (JBLU) to Drop Some Non-Profitable Routes

JetBlue (JBLU) will stop flying to certain cities and operating on certain routes and focus on better-performing routes instead.

Spirit Airlines (SAVE) Rides on Air Travel Demand, Costs Ail

Spirit Airlines (SAVE) benefits from a recovery in air-travel demand. However, rising operating expenses and high debt weigh on the bottom line.

The Zacks Analyst Blog Highlights JetBlue Airways, Spirit Airlines, SkyWest, United Airlines and Ryanair

JetBlue Airways, Spirit Airlines, SkyWest, United Airlines and Ryanair are included in this Analyst Blog.

Maharathi Basu headshot

Airline Stock Roundup: JBLU Cancels Merger With SAVE, SKYW Inks Fleet-Related Deal

JetBlue (JBLU) is set to pay Spirit (SAVE) $69 million following its decision to walk away from the deal.

Stock Market News for Mar 5, 2024

Wall Street closed lower on Monday as market participants remained concerned about the trajectory of interest rate movement.

Markets Wait for Key Jobs Data and Earnings Reports

Markets Wait for Key Jobs Data and Earnings Reports.

Mark Vickery headshot

New Jobs Week to Keep Bull Market Charging?

There will also be a healthy number of additional economic and earnings reports through the course of this week.

JetBlue (JBLU) Stake Bought by Activist Investor Carl Icahn

Carl Icahn's decision to hold a stake in JetBlue (JBLU) comes immediately after the new CEO taking charge.

Spirit Airlines (SAVE) Stock Down 6.4% Since Q4 Earnings

Spirit Airlines (SAVE) fourth-quarter 2023 earnings and revenues decrease year over year.

Here's What Key Metrics Tell Us About Spirit (SAVE) Q4 Earnings

Although the revenue and EPS for Spirit (SAVE) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Spirit (SAVE) Reports Q4 Loss, Tops Revenue Estimates

Spirit (SAVE) delivered earnings and revenue surprises of 3.55% and 0.13%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Frontier Group Holdings (ULCC) Reports Break-Even Earnings for Q4

Frontier Group (ULCC) delivered earnings and revenue surprises of 100% and 0.06%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Allegiant Travel (ALGT) Q4 Earnings and Revenues Top Estimates

Allegiant Travel (ALGT) delivered earnings and revenue surprises of 116.42% and 1.59%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Spirit Airlines (SAVE) to Report Q4 Earnings: What's in Store?

Spirit Airlines' (SAVE) Q4 performance is likely to have improved as air traffic spikes.

Spirit (SAVE) Expected to Beat Earnings Estimates: Should You Buy?

Spirit (SAVE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Allegiant (ALGT) to Report Q4 Earnings: What's in Store?

Allegiant's (ALGT) Q4 performance is expected to have been hurt by high fuel costs.

Dorian LPG (LPG) to Report Q3 Earnings: What's in Store?

Increased demand for liquefied petroleum gases from Asia is likely to have boosted Dorian LPG's (LPG) performance in Q3.