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: $47.51
  • 50 Day Moving Average: $41.50
  • 200 Day Moving Average: $43.02
  • 52-Week Range: $32.73 - $53.53
  • Trailing P/E Ratio: 11.09
  • Foreward P/E Ratio: 12.31
  • P/E Growth: 2.43
  • Market Cap: $3.33B
  • Outstanding Shares: 70,020,000
  • Beta: 1.18
  • Net Margins: 13.83%
  • Return on Equity: 25.93%
  • Return on Assets: 12.11%
  • 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, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.87)
Consensus Price Target: $60.92 (28.23% upside)

Analysts' Ratings History for Spirit Airlines (NASDAQ:SAVE)
DateFirmActionRatingPrice TargetDetails
9/29/2016Imperial CapitalInitiated CoverageOutperform$51.00View Rating Details
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
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 10/23/2014 forward)


Earnings History for Spirit Airlines (NASDAQ:SAVE)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016Q316$1.09$611.52 millionN/AView Earnings Details
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)


Earnings Estimates for Spirit Airlines (NASDAQ:SAVE)
Current Year EPS Consensus Estimate: $3.9 EPS
Next Year EPS Consensus Estimate: $3.86 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161$1.08$1.08$1.08
Q4 20161$0.70$0.70$0.70
Q1 20171$0.69$0.69$0.69
Q2 20171$1.05$1.05$1.05
Q3 20171$1.24$1.24$1.24
Q4 20171$0.85$0.85$0.85
(Data provided by Zacks Investment Research)


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: 98.15%
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)


Latest Headlines for Spirit Airlines (NASDAQ:SAVE)
nasdaq.com logoSpirit Airlines (SAVE) Q3 Earnings: Another Beat in Store? - Nasdaq (NASDAQ:SAVE)
www.nasdaq.com - October 22 at 6:40 PM
News IconBreaking: Institutional Investors Are Dumping Spirit Airlines Inc (NASDAQ:SAVE) - Post News (NASDAQ:SAVE)
www.kentuckypostnews.com - October 21 at 7:14 PM
finance.yahoo.com logoSpirit Airlines (SAVE) Q3 Earnings: Another Beat in Store? (NASDAQ:SAVE)
finance.yahoo.com - October 21 at 10:46 AM
4-traders.com logoSpirit Airlines, Inc. Announces Webcast of Third Quarter 2016 Results (NASDAQ:SAVE)
www.4-traders.com - October 20 at 7:30 PM
istreetwire.com logoStocks Highlights: Marathon Petroleum Corporation (MPC), Spirit Airlines, Inc. (SAVE), Callon Petroleum Company (CPE) - iStreetWire (NASDAQ:SAVE)
istreetwire.com - October 19 at 8:05 PM
News IconPay Close Attention To These Analyst Ratings: Spirit Airlines (NASDAQ:SAVE), Fitbit (NYSE:FIT) - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - October 19 at 2:58 PM
marketrealist.com logoWhy Spirit Airlines’ Stock Isn’t Flying So High Anymore (NASDAQ:SAVE)
marketrealist.com - October 19 at 2:58 PM
News IconStock's Buzzers: Spirit Airlines, Inc. (NASDAQ:SAVE), Cheniere Energy, Inc. (NYSEMKT:LNG) - The Newburgh Press (NASDAQ:SAVE)
newburghpress.com - October 18 at 7:01 PM
News IconEarnings Preview: Spirit Airlines, Inc. (NASDAQ:SAVE) moved up 10 times out of last 20 quarters - The Independent Republic (NASDAQ:SAVE)
theindependentrepublic.com - October 18 at 7:01 PM
globenewswire.com logoSpirit Airlines, Inc. Announces Webcast of Third Quarter 2016 Results - GlobeNewswire (press release) (NASDAQ:SAVE)
globenewswire.com - October 18 at 7:01 PM
fool.com logoSpirit Airlines Incorporated's Revenue Recovery Takes a Big Step Forward (NASDAQ:SAVE)
www.fool.com - October 18 at 6:30 PM
News IconBreakout Session Alert as Shares Pop BMO: Spirit Airlines, Inc ... - Recall News (NASDAQ:SAVE)
www.automobile-recalls.net - October 17 at 7:02 PM
News IconHolder Worth Mentioning: Spirit Airlines INC (SAVE) Shareholder New Amsterdam Partners LLC Lifted Its Stake - Chester News (NASDAQ:SAVE)
www.chesterindependent.com - October 17 at 7:02 PM
publicnow.com logoMost Recent Earnings Release (NASDAQ:SAVE)
www.publicnow.com - October 17 at 12:25 PM
investors.com logoVirgin America, Alaska Rise As Merger Hopes Brighten (NASDAQ:SAVE)
www.investors.com - October 17 at 12:25 PM
fool.com logoThe Airbus A320neo Arrives at Spirit Airlines Incorporated (NASDAQ:SAVE)
www.fool.com - October 16 at 11:31 AM
News IconUpdate on Spirit Airlines, Inc. (NASDAQ:SAVE) for the day (NASDAQ:SAVE)
twincountynews.com - October 15 at 11:55 AM
finance.yahoo.com logoSpirit Airlines Shows How to Fly From New York to Detroit for $126 (NASDAQ:SAVE)
finance.yahoo.com - October 15 at 11:55 AM
investopedia.com logoSpirit Pilots Picket in Dallas-Fort Worth (SAVE) | Investopedia - Investopedia (NASDAQ:SAVE)
www.investopedia.com - October 14 at 10:28 AM
News IconPosition Changed: As Spirit Airlines INC (SAVE) Share Value Declined, Wasatch Advisors INC Raised Holding by ... - Chester News (NASDAQ:SAVE)
www.chesterindependent.com - October 14 at 10:28 AM
wsj.com logo[$$] New Rules Make It Harder for Companies to Manage Their Cash (NASDAQ:SAVE)
www.wsj.com - October 14 at 10:28 AM
reuters.com logoTop airlines look to no-frills fares to win back travellers to Europe (NASDAQ:SAVE)
uk.reuters.com - October 13 at 7:21 PM
investopedia.com logoSpirit Pilots Picket in Dallas-Fort Worth (SAVE) (NASDAQ:SAVE)
www.investopedia.com - October 13 at 7:21 PM
News IconAlps Advisors Inc. reaches $382000 position of Spirit Airlines Inc. (SAVE) - DailyQuint (NASDAQ:SAVE)
dailyquint.com - October 13 at 10:56 AM
News IconSpirit Airlines, Inc.'s (SAVE): Keep an eye on Active stock of Yesterday - Hot Stocks Point (NASDAQ:SAVE)
www.hotstockspoint.com - October 12 at 12:41 PM
marketrealist.com logoCould Pilot Strikes Become a Major Issue for the Airlines? (NASDAQ:SAVE)
marketrealist.com - October 10 at 11:57 AM
News IconSpirit Airlines, Inc. (NASDAQ:SAVE) earnings reaction history - The Independent Republic (NASDAQ:SAVE)
theindependentrepublic.com - October 7 at 6:53 PM
bizjournals.com logoExclusive: Tampa lands new international flight (NASDAQ:SAVE)
www.bizjournals.com - October 4 at 6:45 PM
finance.yahoo.com logoSpirit Airlines' Expansion Efforts Impress, Competition a Drag (NASDAQ:SAVE)
finance.yahoo.com - October 4 at 11:55 AM
barrons.com logo[$$] Spirit Airlines: 'Tremendous Buying Opportunity' (NASDAQ:SAVE)
www.barrons.com - October 1 at 8:40 AM
News IconStock Moving Higher Over the Last Five Trading Periods: Spirit Airlines, Inc. (NASDAQ:SAVE) - Post News (NASDAQ:SAVE)
www.kentuckypostnews.com - September 29 at 7:03 PM
finance.yahoo.com logoWill the OPEC Call to Cut Production Hurt Airline Stocks? (NASDAQ:SAVE)
finance.yahoo.com - September 29 at 7:03 PM
fidaily.com logoSpirit Airlines, Inc. (SAVE) – Citigroup Maintains Rating And Updates Price Target (NASDAQ:SAVE)
www.fidaily.com - September 29 at 12:34 PM
finance.yahoo.com logoCoverage initiated on Spirit Airlines by Imperial Capital (NASDAQ:SAVE)
finance.yahoo.com - September 29 at 12:34 PM
finance.yahoo.com logoSpirit Airlines Initiated Bullish At Imperial Capital (NASDAQ:SAVE)
finance.yahoo.com - September 29 at 12:34 PM
capitalcube.com logoSpirit Airlines, Inc. – Value Analysis (NASDAQ:SAVE) : September 28, 2016 (NASDAQ:SAVE)
www.capitalcube.com - September 28 at 12:23 PM
News IconStock on Trader's Radar: Spirit Airlines, Inc. (NASDAQ:SAVE ... - Newburgh Press (NASDAQ:SAVE)
newburghpress.com - September 27 at 7:02 PM
News IconUpcoming Earnings Report: Spirit Airlines, Inc. (NASDAQ:SAVE) - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - September 27 at 7:02 PM
marketrealist.com logoHow Airlines Are Dealing with Declining Passenger Yields (NASDAQ:SAVE)
marketrealist.com - September 27 at 11:49 AM
barrons.com logoSpirit Airlines Inc. - Barron's (NASDAQ:SAVE)
www.barrons.com - September 26 at 7:14 PM
News IconAnalysts Valuations For Two Stocks: Laredo Petroleum Inc (NYSE:LPI), Spirit Airlines Incorporated (NASDAQ:SAVE) - The Voice Registrar (NASDAQ:SAVE)
voiceregistrar.com - September 26 at 8:02 AM
finance.yahoo.com logoBarron's Picks And Pans: CBS, Capital One, Spirit Airlines And More (NASDAQ:SAVE)
finance.yahoo.com - September 26 at 8:02 AM
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


Spirit Airlines (NASDAQ:SAVE) Chart for Sunday, October, 23, 2016

Last Updated on 10/23/2016 by MarketBeat.com Staff