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Spirit Airlines (SAVE) Competitors

$3.62
-0.34 (-8.59%)
(As of 06/6/2024 ET)

SAVE vs. ULCC, ALGT, HA, VLRS, SNCY, MESA, DAL, RYAAY, UAL, and LUV

Should you be buying Spirit Airlines stock or one of its competitors? The main competitors of Spirit Airlines include Frontier Group (ULCC), Allegiant Travel (ALGT), Hawaiian (HA), Controladora Vuela Compañía de Aviación (VLRS), Sun Country Airlines (SNCY), Mesa Air Group (MESA), Delta Air Lines (DAL), Ryanair (RYAAY), United Airlines (UAL), and Southwest Airlines (LUV). These companies are all part of the "air transportation, scheduled" industry.

Spirit Airlines vs.

Spirit Airlines (NYSE:SAVE) and Frontier Group (NASDAQ:ULCC) are both small-cap transportation companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, community ranking, dividends, analyst recommendations, profitability, earnings, valuation and risk.

Frontier Group has lower revenue, but higher earnings than Spirit Airlines. Frontier Group is trading at a lower price-to-earnings ratio than Spirit Airlines, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spirit Airlines$5.36B0.07-$447.46M-$4.44-0.82
Frontier Group$3.59B0.34-$11M-$0.12-45.25

Frontier Group has a net margin of -0.67% compared to Spirit Airlines' net margin of -9.21%. Frontier Group's return on equity of 3.62% beat Spirit Airlines' return on equity.

Company Net Margins Return on Equity Return on Assets
Spirit Airlines-9.21% -34.64% -4.53%
Frontier Group -0.67%3.62%0.38%

58.7% of Spirit Airlines shares are owned by institutional investors. 0.7% of Spirit Airlines shares are owned by company insiders. Comparatively, 81.5% of Frontier Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Spirit Airlines has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500. Comparatively, Frontier Group has a beta of 2.55, suggesting that its stock price is 155% more volatile than the S&P 500.

In the previous week, Spirit Airlines had 6 more articles in the media than Frontier Group. MarketBeat recorded 7 mentions for Spirit Airlines and 1 mentions for Frontier Group. Spirit Airlines' average media sentiment score of 0.18 beat Frontier Group's score of -0.24 indicating that Spirit Airlines is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spirit Airlines
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Frontier Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Frontier Group received 13 more outperform votes than Spirit Airlines when rated by MarketBeat users. Likewise, 41.24% of users gave Frontier Group an outperform vote while only 31.76% of users gave Spirit Airlines an outperform vote.

CompanyUnderperformOutperform
Spirit AirlinesOutperform Votes
27
31.76%
Underperform Votes
58
68.24%
Frontier GroupOutperform Votes
40
41.24%
Underperform Votes
57
58.76%

Spirit Airlines presently has a consensus price target of $3.57, indicating a potential downside of 1.34%. Frontier Group has a consensus price target of $7.28, indicating a potential upside of 34.10%. Given Frontier Group's stronger consensus rating and higher possible upside, analysts plainly believe Frontier Group is more favorable than Spirit Airlines.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spirit Airlines
4 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Frontier Group
0 Sell rating(s)
10 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.09

Summary

Frontier Group beats Spirit Airlines on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SAVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SAVE vs. The Competition

MetricSpirit AirlinesAir transportation, scheduled IndustryTransportation SectorNYSE Exchange
Market Cap$396.39M$19.01B$10.27B$17.73B
Dividend YieldN/A2.88%3.57%3.53%
P/E Ratio-0.8210.1721.2726.14
Price / Sales0.071.5723.7414.27
Price / CashN/A32.5315.8819.39
Price / Book0.352.032.075.02
Net Income-$447.46M$672.79M$669.45M$975.61M
7 Day Performance-1.63%1.75%-0.01%0.08%
1 Month Performance8.38%-4.07%2.79%0.52%
1 Year Performance-76.46%-11.36%16.34%10.96%

Spirit Airlines Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ULCC
Frontier Group
3.0156 of 5 stars
$5.51
+1.3%
$7.28
+32.2%
-41.7%$1.22B$3.59B-45.917,235
ALGT
Allegiant Travel
4.587 of 5 stars
$53.59
-2.4%
$86.00
+60.5%
-50.9%$976.95M$2.51B16.965,643
HA
Hawaiian
0.1691 of 5 stars
$13.44
flat
$11.33
-15.7%
+51.8%$696.86M$2.72B-2.327,362Positive News
VLRS
Controladora Vuela Compañía de Aviación
3.2586 of 5 stars
$7.20
+6.0%
$13.01
+80.8%
-50.1%$596.06M$3.26B7.427,198
SNCY
Sun Country Airlines
4.2019 of 5 stars
$10.60
-2.2%
$19.17
+80.8%
-46.2%$557.67M$1.05B8.692,783
MESA
Mesa Air Group
0.0957 of 5 stars
$1.41
-1.4%
N/A-26.8%$57.73M$498.07M-0.342,303Upcoming Earnings
DAL
Delta Air Lines
4.8308 of 5 stars
$50.82
+1.9%
$59.85
+17.8%
+34.0%$32.79B$58.05B6.53100,000Positive News
RYAAY
Ryanair
4.3399 of 5 stars
$124.98
-0.2%
$158.50
+26.8%
+16.6%$28.50B$14.59B13.7022,261Positive News
UAL
United Airlines
4.8611 of 5 stars
$52.91
+1.1%
$69.72
+31.8%
+9.2%$17.21B$53.72B6.5410,300Analyst Upgrade
Options Volume
Positive News
LUV
Southwest Airlines
3.3381 of 5 stars
$28.47
+2.4%
$30.10
+5.7%
-8.3%$17.04B$26.09B45.1874,806Positive News

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This page (NYSE:SAVE) was last updated on 6/7/2024 by MarketBeat.com Staff

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