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: $39.90
  • 50 Day Moving Average: $42.78
  • 200 Day Moving Average: $44.76
  • Trailing P/E Ratio: 9.32
  • Foreward P/E Ratio: 10.13
  • P/E Growth: 2.34
  • Market Cap: $2.80B
  • Outstanding Shares: 70,020,000
  • Beta: 1.08
Additional Links:
Companies Related to Spirit Airlines:

Analyst Ratings

Consensus Ratings for Spirit Airlines (NASDAQ:SAVE) (?)
Ratings Breakdown: 3 Hold Ratings, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.87)
Consensus Price Target: $61.08 (53.07% upside)

Analysts' Ratings History for Spirit Airlines (NASDAQ:SAVE)
Show:
DateFirmActionRatingPrice TargetDetails
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
7/6/2016Credit Suisse Group AGReiterated RatingOutperformView 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
9/10/2014FBR & CoDowngradeOutperform -> Market Perform$70.00 -> $76.00View Rating Details
(Data available from 8/24/2014 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: $3.87 EPS
Next Year EPS Consensus Estimate: $3.94 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)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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
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
News IconFlorida News Coverage Advisory 8:30 a.m. (NASDAQ:SAVE)
www.mysuncoast.com - July 30 at 10:03 AM
twst.com logoSpirit Airlines Inc.: Most Recent Earnings Release (NASDAQ:SAVE)
www.twst.com - July 30 at 10:03 AM
News IconSpirit beats 2Q profit forecasts (NASDAQ:SAVE)
www.chicagotribune.com - July 30 at 10:03 AM
zacks.com logoSpirit Airlines (SAVE) Beats on Q2 Earnings (NASDAQ:SAVE)
www.zacks.com - July 30 at 10:03 AM
finance.yahoo.com logo6:12 am Spirit Airlines beats by $0.03, reports revs in-line (NASDAQ:SAVE)
finance.yahoo.com - July 30 at 6:12 AM
finance.yahoo.com logoEdited Transcript of SAVE earnings conference call or presentation 29-Jul-16 1:00pm GMT (NASDAQ:SAVE)
finance.yahoo.com - July 29 at 7:32 PM
nasdaq.com logoEarnings Reaction History: Spirit Airlines, Inc., 40.0% Follow-Through Indicator, 3.5% Sensitive - Nasdaq (NASDAQ:SAVE)
www.nasdaq.com - July 29 at 7:26 PM
insidermonkey.com logoWhy Are These Five Stocks in Spotlight Today? (NASDAQ:SAVE)
www.insidermonkey.com - July 29 at 10:14 AM
fool.com logoSpirit Airlines Earnings: Low Costs Save the Day (NASDAQ:SAVE)
www.fool.com - July 29 at 9:32 AM
cnbc.com logoSpirit Airlines second-quarter earnings, revenue miss expectations (NASDAQ:SAVE)
www.cnbc.com - July 29 at 8:14 AM
thestreet.com logoWhat to Look for When Spirit (SAVE) Reports Q2 Earnings (NASDAQ:SAVE)
www.thestreet.com - July 28 at 12:53 PM
finance.yahoo.com logoStart Spreading the News! Spirit Airlines Brings More Go to New York/Newark (NASDAQ:SAVE)
finance.yahoo.com - July 28 at 11:00 AM
finance.yahoo.com logoAir Transport Stocks' Earnings on Jul 29: ALGT, SAVE, UPS (NASDAQ:SAVE)
finance.yahoo.com - July 28 at 8:46 AM
News IconUpcoming Earnings Report: Spirit Airlines, Inc. (NASDAQ:SAVE) - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - July 27 at 7:40 PM
feeds.benzinga.com logoSpirit Airlines Launches Its Ultra-Low Cost Service In Northeast Ohio (NASDAQ:SAVE)
feeds.benzinga.com - July 26 at 2:55 PM
News IconIt's Earnings Time: What to Do with Spirit Airlines, Inc. (NASDAQ:SAVE) Stock - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - July 26 at 10:41 AM
News IconIt's Earnings Time: What to Do with Spirit Airlines (NASDAQ:SAVE ... - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - July 26 at 10:41 AM
finance.yahoo.com logoSpirit Airlines Expands Ultra-Low Cost Service in Northeast Ohio with New Service to Akron-Canton Airport (NASDAQ:SAVE)
finance.yahoo.com - July 26 at 10:30 AM
fool.com logoSpirit Airlines Bets on Florida (NASDAQ:SAVE)
www.fool.com - July 25 at 1:58 PM
equities.com logoSpirit Airlines Inc. (SAVE) is Trading Lower on Unusual Volume for July 21 - Equities.com (NASDAQ:SAVE)
www.equities.com - July 24 at 11:20 AM
News IconAirline reports 2Q profit of $950M (NASDAQ:SAVE)
www.nwaonline.com - July 23 at 11:05 AM
News IconShares Stumbling of Late: Spirit Airlines, Inc. (NASDAQ:SAVE) - TGP (NASDAQ:SAVE)
telanaganapress.com - July 22 at 7:04 PM
News IconGapping Up Today: Spirit Airlines, Inc. (NASDAQ:SAVE) - TGP (NASDAQ:SAVE)
telanaganapress.com - July 22 at 7:04 PM
News IconSpirit Airlines, Inc. (NASDAQ:SAVE): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NASDAQ:SAVE)
www.engelwooddaily.com - July 21 at 7:35 PM
News IconStock Strength in Focus for Spirit Airlines, Inc. (NASDAQ:SAVE) - Press Telegraph (NASDAQ:SAVE)
presstelegraph.com - July 21 at 7:35 PM

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Spirit Airlines (NASDAQ:SAVE) Chart for Wednesday, August, 24, 2016


Last Updated on 8/24/2016 by MarketBeat.com Staff