Spirit Airlines Company Profile (NASDAQ:SAVE)

About Spirit Airlines

Spirit Airlines logoSpirit Airlines, Inc. is an airline company. The Company's all-Airbus fleet operates more than 385 daily flights to 56 destinations in the United States, Caribbean and Latin America. Its ultra-low-cost carrier (ULCC) business model provides low, unbundled base fares that remove components traditionally included in the price of an airline ticket. The Company offers a range of optional services, allowing customers to save by paying only for the options they choose such as bags, advance seat assignments and refreshments. The Company's route network includes approximately 151 markets throughout North America, Central America, South America and the Caribbean. The Company operates international services to Aruba, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Peru and St. Maarten, as well as Puerto Rico and the United States Virgin Islands.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Major Airlines
  • Sub-Industry: Airlines
  • Exchange: NASDAQ
  • Symbol: SAVE
  • CUSIP: 84857710
Key Metrics:
  • Previous Close: $38.50
  • 50 Day Moving Average: $39.51
  • 200 Day Moving Average: $43.59
  • 52-Week Range: $70,020,000.00 - $32.73
  • Trailing P/E Ratio: 9.27
  • Foreward P/E Ratio: 10.11
  • P/E Growth: 2.24
  • Market Cap: $2.78B
  • Outstanding Shares: 70,020,000
  • Beta: 1.06
Profitability:
  • Net Margins: 13.83%
  • Return on Equity: 25.93%
  • Return on Assets: 12.11%
Debt:
  • Debt-to-Equity Ratio: 0.64%
  • Current Ratio: 1.95%
  • Quick Ratio: 1.95%
Additional Links:
Companies Related to Spirit Airlines:

Analyst Ratings

Consensus Ratings for Spirit Airlines (NASDAQ:SAVE) (?)
Ratings Breakdown: 3 Hold Ratings, 10 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $61.08 (53.77% upside)

Analysts' Ratings History for Spirit Airlines (NASDAQ:SAVE)
Show:
DateFirmActionRatingPrice TargetDetails
9/13/2016Credit Suisse Group AGSet Price TargetBuy$55.00View Rating Details
8/8/2016Citigroup Inc.Lower Price TargetBuy$56.00 -> $51.00View Rating Details
8/4/2016Raymond James Financial Inc.UpgradeOutperform -> Strong-Buy$59.00View Rating Details
8/2/2016Wolfe ResearchDowngradeOutperform -> Market PerformView Rating Details
8/1/2016Deutsche Bank AGLower Price TargetBuy$56.00 -> $52.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyView Rating Details
4/23/2016Buckingham ResearchReiterated RatingBuyView Rating Details
4/20/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$51.00 -> $52.00View Rating Details
4/18/2016Bank of America Corp.Reiterated RatingBuyView Rating Details
2/10/2016Morgan StanleyReiterated RatingHoldView Rating Details
12/22/2015Stifel NicolausUpgradeHold -> Buy$60.00View Rating Details
12/9/2015Cowen and CompanyReiterated RatingBuyView Rating Details
11/24/2015Barclays PLCLower Price TargetOverweight$64.00 -> $54.00View Rating Details
11/2/2015CRT CapitalBoost Price TargetBuy$105.00 -> $109.00View Rating Details
10/28/2015Evercore ISILower Price Target$76.00 -> $60.00View Rating Details
8/26/2015Standpoint ResearchUpgradeHold -> BuyView Rating Details
7/16/2015Imperial CapitalReiterated RatingBuyView Rating Details
6/1/2015SidotiUpgradeNeutral -> Buy$81.00 -> $83.00View Rating Details
5/23/2015Goldman Sachs Group Inc.Reiterated RatingBuyView Rating Details
4/30/2015Evercore Partners Inc.UpgradeHold -> BuyView Rating Details
10/29/2014WunderlichReiterated RatingOutperform$82.00 -> $92.00View Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for Spirit Airlines (NASDAQ:SAVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
7/29/2016Q216$1.08$1.11$594.47 million$584.10 millionViewListenView Earnings Details
4/26/2016Q116$0.96$1.01$528.87 million$538.10 millionViewListenView Earnings Details
2/9/2016Q415$0.97$1.02$517.66 million$519.80 millionViewListenView Earnings Details
10/27/2015Q315$1.32$1.35$571.63 million$574.80 millionViewListenView Earnings Details
7/24/2015Q215$1.01$1.03$555.06 million$553.40 millionViewListenView Earnings Details
4/29/2015Q115$0.96$0.96$494.61 million$493.36 millionViewN/AView Earnings Details
2/10/2015Q414$0.78$0.80$480.03 million$474.50 millionViewListenView Earnings Details
10/28/2014Q314$0.97$1.01$520.77 million$519.80 millionViewN/AView Earnings Details
7/29/2014Q214$0.89$0.91$497.77 million$499.30 millionViewListenView Earnings Details
4/29/2014Q114$0.51$0.52$437.91 million$438.00 millionViewListenView Earnings Details
2/19/2014Q413$0.50$0.56$421.44 million$420.00 millionViewN/AView Earnings Details
10/30/2013Q313$0.75$0.79$452.57 million$456.60 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.62$0.63$408.30 million$407.30 millionViewN/AView Earnings Details
4/30/2013Q1 2013$0.42$0.45$366.70 million$370.44 millionViewN/AView Earnings Details
2/19/2013Q4 2012$0.24$0.27$330.12 million$328.30 millionViewN/AView Earnings Details
10/31/2012Q312$0.35$0.35$344.44 million$342.30 millionViewN/AView Earnings Details
7/24/2012$0.47$0.49ViewN/AView Earnings Details
5/1/2012$0.33$0.33ViewN/AView Earnings Details
2/16/2012$0.32$0.33ViewN/AView Earnings Details
10/27/2011$0.30$0.38ViewN/AView Earnings Details
7/28/2011$0.23$0.41ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Spirit Airlines (NASDAQ:SAVE)
Current Year EPS Consensus Estimate: $3.88 EPS
Next Year EPS Consensus Estimate: $3.93 EPS

Dividends

Dividend History for Spirit Airlines (NASDAQ:SAVE)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Spirit Airlines (NASDAQ:SAVE)
Insider Ownership Percentage: 0.26%
Institutional Ownership Percentage: 98.20%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/13/2016Laurie VillaVPSell300$38.37$11,511.00View SEC Filing  
3/17/2016David G ElkinsDirectorBuy1,500$47.92$71,880.00View SEC Filing  
3/7/2016John A BendoraitisCOOSell730$49.00$35,770.00View SEC Filing  
12/16/2015B Ben BaldanzaCEOBuy2,000$41.41$82,820.00View SEC Filing  
12/16/2015Thomas C CanfieldSVPBuy1,000$41.70$41,700.00View SEC Filing  
12/1/2015Thomas C CanfieldSVPBuy1,500$37.70$56,550.00View SEC Filing  
6/1/2015Thomas C CanfieldSVPBuy1,200$63.72$76,464.00View SEC Filing  
5/18/2015Stuart I OranDirectorSell2,000$67.06$134,120.00View SEC Filing  
2/25/2015David G ElkinsDirectorSell2,000$81.33$162,660.00View SEC Filing  
12/1/2014B Ben BaldanzaCEOSell15,000$81.99$1,229,850.00View SEC Filing  
11/17/2014Stuart I OranDirectorSell1,500$75.48$113,220.00View SEC Filing  
11/12/2014Edward M Christie IIICFOSell8,000$78.23$625,840.00View SEC Filing  
10/28/2014B Ben BaldanzaCEOSell5,000$71.00$355,000.00View SEC Filing  
8/14/2014Thomas C CanfieldSVPSell5,000$69.28$346,400.00View SEC Filing  
8/8/2014Robert D JohnsonDirectorSell2,500$65.28$163,200.00View SEC Filing  
8/15/2013Tony LefebvreCOOSell11,012$30.75$338,619.00View SEC Filing  
7/29/2013Barry BiffleCMOSell29,812$35.44$1,056,537.28View SEC Filing  
7/1/2013B Ben BaldanzaCEOSell5,000$31.80$159,000.00View SEC Filing  
6/3/2013B Ben BaldanzaCEOSell48,000$30.01$1,440,480.00View SEC Filing  
5/8/2013Thomas C CanfieldSVPSell5,000$29.75$148,750.00View SEC Filing  
5/8/2013Tony LefebvreCOOSell2,500$29.53$73,825.00View SEC Filing  
3/11/2013Edmundo MirandaVPSell3,052$23.81$72,668.12View SEC Filing  
12/3/2012Barry BiffleCMOSell3,000$16.65$49,950.00View SEC Filing  
9/4/2012B Ben BaldanzaCEOSell25,000$19.41$485,250.00View SEC Filing  
9/4/2012Thomas C CanfieldSVPSell5,000$19.38$96,900.00View SEC Filing  
9/4/2012Tony LefebvreCOOSell8,000$19.20$153,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Spirit Airlines (NASDAQ:SAVE)
DateHeadline
barrons.com logo[$$] Spirit Airlines: Cheap Airfares, Cheaper Stock (NASDAQ:SAVE)
www.barrons.com - September 24 at 11:33 AM
seekingalpha.com logoHuge upside seen for Spirit Airlines (NASDAQ:SAVE)
seekingalpha.com - September 24 at 10:36 AM
blogs.barrons.com logoWhy Airline Stocks Can't Take Off (NASDAQ:SAVE)
blogs.barrons.com - September 23 at 11:51 AM
finance.yahoo.com logoViva Las Vegas! Spirit Airlines Delivers More Sin City Service from Northeast Ohio (NASDAQ:SAVE)
finance.yahoo.com - September 21 at 6:47 PM
finance.yahoo.com logoAirline Stock Roundup: Airfares Continue to Drop; GOL Linhas, JetBlue in Focus (NASDAQ:SAVE)
finance.yahoo.com - September 21 at 6:47 PM
News IconWhat is the Street Saying About Spirit Airlines, Inc. (NASDAQ:SAVE)? - Frisco Fastball (NASDAQ:SAVE)
friscofastball.com - September 20 at 12:30 PM
marketrealist.com logoWill Spirit Airlines’ Traffic Still Grow Faster than Its Peers? (NASDAQ:SAVE)
marketrealist.com - September 19 at 7:07 PM
marketrealist.com logoSpirit Airlines: Improved Utilization Gives Investors Hope (NASDAQ:SAVE)
marketrealist.com - September 19 at 7:07 PM
News IconServices Stocks Worth Chasing: Sally Beauty Holdings Inc. (SBH ... - The Independent Republic (NASDAQ:SAVE)
theindependentrepublic.com - September 17 at 11:36 AM
News IconStocks Attaining Investors Attention: Alibaba Group Holding Limited (NYSE:BABA), Spirit Airlines, Inc. (NASDAQ:SAVE) - Street Wise Report (press release) (blog) (NASDAQ:SAVE)
streetwisereport.com - September 16 at 10:45 AM
News IconSpirit Airlines Inc. (NASDAQ: SAVE) Buy Rating Reiterated at Credit Suisse Group AG - BNB Daily (blog) (NASDAQ:SAVE)
www.baseball-news-blog.com - September 14 at 7:21 PM
prnewswire.com logoResearch Reports on Airliners Equities -- Delta Air Lines, American Airlines, United Continental, and Spirit Airlines - PR Newswire (press release) (NASDAQ:SAVE)
www.prnewswire.com - September 14 at 11:34 AM
finance.yahoo.com logoSpirit Airlines' August Traffic and Load Factor Increase (NASDAQ:SAVE)
finance.yahoo.com - September 13 at 12:02 PM
News IconShares Lower Over the Past Quarter: Spirit Airlines, Inc. (NASDAQ:SAVE) - Post News (NASDAQ:SAVE)
www.kentuckypostnews.com - September 10 at 6:23 PM
News IconSpirit Airlines, Inc. (NASDAQ:SAVE): What is the Sell-side Making of this Stock? - Post News (NASDAQ:SAVE)
www.kentuckypostnews.com - September 9 at 11:57 AM
marketrealist.com logoFlights to Cuba: Will Alaska Air’s Traffic Growth Expand? (NASDAQ:SAVE)
marketrealist.com - September 8 at 11:01 AM
News IconSpirit Airlines, Inc. (NASDAQ:SAVE) earnings expectations - The Independent Republic (NASDAQ:SAVE)
theindependentrepublic.com - September 6 at 7:17 PM
News IconThe Statistics Don't Lie: Spirit Airlines, Inc. (NASDAQ:SAVE) Earnings Preview - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - September 6 at 7:17 PM
News IconAnalysts Valuations For Two Stocks: Spirit Airlines (NASDAQ:SAVE), Five Below (NASDAQ:FIVE) - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - September 2 at 12:06 PM
biz.yahoo.com logoSPIRIT AIRLINES, INC. Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:SAVE)
biz.yahoo.com - August 31 at 12:31 PM
finance.yahoo.com logoAirlines set to soar? 3 trades (NASDAQ:SAVE)
finance.yahoo.com - August 30 at 7:06 PM
News IconBrokerage Analysts & Investors Weigh in on Spirit Airlines, Inc. (NASDAQ:SAVE) - Post News (NASDAQ:SAVE)
www.kentuckypostnews.com - August 30 at 10:29 AM
marketrealist.com logoCan Spirit Airlines Continue to Grow Capacity at Historical High Rates? (NASDAQ:SAVE)
marketrealist.com - August 30 at 10:29 AM
News IconSpirit Airlines, Inc. (NASDAQ:SAVE) Upcoming Earnings: What ... - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - August 27 at 6:28 PM
finance.yahoo.com logoSecrets to Stress-Free Flying (NASDAQ:SAVE)
finance.yahoo.com - August 25 at 12:22 PM
News IconAnalyst Estimates & PT on Spirit Airlines, Inc. (NASDAQ:SAVE ... - Post News (NASDAQ:SAVE)
www.kentuckypostnews.com - August 23 at 11:48 AM
bizjournals.com logoBoeing’s largest 787 customer says Dreamliner saves it nearly $100M a year (NASDAQ:SAVE)
www.bizjournals.com - August 19 at 7:08 PM
bizjournals.com logoLate to the gate: Airlines' on-time arrival performance in the first 6 months (NASDAQ:SAVE)
www.bizjournals.com - August 18 at 10:17 AM
News IconSpirit Airlines, Inc. (NASDAQ:SAVE) Earnings Preview: Should Investors Be Nervous? - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - August 16 at 7:22 PM
bizjournals.com logoSpirit announces new leadership as the airline adjusts its course (NASDAQ:SAVE)
www.bizjournals.com - August 11 at 10:34 AM
finance.yahoo.com logoSpirit Airlines Announces New Executive Appointments (NASDAQ:SAVE)
finance.yahoo.com - August 10 at 7:47 PM
biz.yahoo.com logoSPIRIT AIRLINES, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:SAVE)
biz.yahoo.com - August 10 at 7:47 PM
tradecalls.org logoSpirit Airlines (SAVE) Shares are Down -4.3% - Trade Calls (NASDAQ:SAVE)
www.tradecalls.org - August 8 at 7:31 PM
latimes.com logoGet more airline reward miles for paying less — but only for a limited time (NASDAQ:SAVE)
www.latimes.com - August 8 at 12:03 PM
capitalcube.com logoSavencia SA :SAVE-FR: Earnings Analysis: For the six months ended December 31, 2015 : August 8, 2016 (NASDAQ:SAVE)
www.capitalcube.com - August 8 at 12:03 PM
streetupdates.com logoAnalysts Rating updates about two Stocks: Spirit Airlines, Inc. (NASDAQ:SAVE) , TEGNA Inc. (NYSE:TGNA) - Street Updates (NASDAQ:SAVE)
www.streetupdates.com - August 5 at 10:18 AM
streetupdates.com logoTwo Stocks within Analysts Review: Spirit Airlines, Inc. (NASDAQ:SAVE) , Copa Holdings, S.A. (NYSE:CPA) - Street Updates (NASDAQ:SAVE)
www.streetupdates.com - August 5 at 10:18 AM
News IconAnalyst Consideration on this Stock: Spirit Airlines, Inc. (NASDAQ:SAVE) - News Oracle (NASDAQ:SAVE)
www.newsoracle.com - August 4 at 7:46 PM
finance.yahoo.com logoSPIRIT AIRLINES, INC. Financials (NASDAQ:SAVE)
finance.yahoo.com - August 4 at 7:46 PM
seekingalpha.com logoSpirit Airlines lifted by Raymond James upgrade (NASDAQ:SAVE)
seekingalpha.com - August 4 at 10:34 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: SkyWest, Allegiant Travel, Spirit Airlines, Delta Air Lines and Alaska Air Group (NASDAQ:SAVE)
finance.yahoo.com - August 4 at 10:30 AM
investors.com logoStocks Rise; Pioneer Builds Base As Crude Tops $40 (NASDAQ:SAVE)
www.investors.com - August 3 at 7:40 PM
zacks.com logoAirline Stock Roundup: Earnings Beat at Allegiant, SkyWest; Delta's PRASM Woes & Zika Fears in Focus (NASDAQ:SAVE)
www.zacks.com - August 3 at 10:35 AM
breakingfinancenews.com logoSpirit Airlines Inc (NASDAQ:SAVE) price target reduced to $52 as issued in a report today by Deutsche Bank (NASDAQ:SAVE)
breakingfinancenews.com - August 2 at 7:39 PM
finance.yahoo.com logoBuy airlines on the dip? (NASDAQ:SAVE)
finance.yahoo.com - August 2 at 7:38 PM
fidaily.com logoSpirit Airlines, Inc. (SAVE) - Citigroup Maintains Rating And Lowers Price Target - Finance Daily (NASDAQ:SAVE)
www.fidaily.com - August 2 at 12:14 PM
streetupdates.com logoRecent Analysts Moves of Stocks: DISH Network Corporation (NASDAQ:DISH) , Spirit Airlines, Inc. (NASDAQ:SAVE) - Street Updates (NASDAQ:SAVE)
www.streetupdates.com - August 2 at 12:14 PM
finance.yahoo.com logoPack Your Bags and Get More Go: Spirit Airlines Launches Rewards Promotion Based on Savings (NASDAQ:SAVE)
finance.yahoo.com - August 1 at 7:02 PM
streetreport.co logoAnalysts and Technical Update on Spirit Airlines Inc (NASDAQ ... - Street Report (NASDAQ:SAVE)
www.streetreport.co - August 1 at 11:56 AM
thestreet.com logoSpirit Airlines (SAVE) Stock Down, Deutsche Bank Drops Price Target (NASDAQ:SAVE)
www.thestreet.com - August 1 at 10:21 AM

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Spirit Airlines (NASDAQ:SAVE) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff