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NYSE:SAVE

Spirit Airlines (SAVE) Stock Price, News & Analysis

$2.82
-0.34 (-10.76%)
(As of 02:26 PM ET)
Today's Range
$2.81
$2.99
50-Day Range
$3.05
$4.49
52-Week Range
$2.81
$19.20
Volume
11.76 million shs
Average Volume
11.06 million shs
Market Capitalization
$308.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.21

Spirit Airlines MarketRank™ Stock Analysis

Analyst Rating
Strong Sell
1.33 Rating Score
Upside/​Downside
2.5% Downside
$2.75 Price Target
Short Interest
Bearish
27.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.13mentions of Spirit Airlines in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($4.05) to ($2.41) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.31 out of 5 stars

Transportation Sector

112th out of 114 stocks

Air Transportation, Scheduled Industry

17th out of 18 stocks

SAVE stock logo

About Spirit Airlines Stock (NYSE:SAVE)

Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was incorporated in 1964 and is headquartered in Miramar, Florida.

SAVE Stock Price History

SAVE Stock News Headlines

Central Bank Ditches U.S. Dollar
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
Central Bank Ditches U.S. Dollar
Startling new evidence shows the U.S. Central Bank is abandoning the currency we’ve relied on for centuries – the United States Dollar… And placing a ‘quiet bet’ on a new type of currency… Gold.
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
7/17/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Air transportation, scheduled
Sub-Industry
Transportation
Employees
13,167
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.75
High Stock Price Target
$3.50
Low Stock Price Target
$2.00
Potential Upside/Downside
+12.4%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.33
Research Coverage
9 Analysts

Profitability

Net Income
$-447,460,000.00
Pretax Margin
-10.88%

Debt

Sales & Book Value

Annual Sales
$5.36 billion
Book Value
$10.39 per share

Miscellaneous

Free Float
108,713,000
Market Cap
$313.17 million
Optionable
Optionable
Beta
1.40
12 Stocks Corporate Insiders are Abandoning Cover

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Key Executives

  • Mr. Edward M. Christie III (Age 53)
    President, CEO & Director
    Comp: $1.85M
  • Mr. Scott M. Haralson (Age 51)
    Executive VP & CFO
    Comp: $841.27k
  • Mr. John Bendoraitis (Age 60)
    Executive VP & COO
    Comp: $964.05k
  • Ms. Melinda C. Grindle (Age 50)
    Senior VP & Chief Human Resources Officer
    Comp: $657.28k
  • Mr. Matthew H. Klein (Age 50)
    Executive VP & Chief Commercial Officer
    Comp: $879.3k
  • Mr. Rocky B. Wiggins (Age 65)
    Senior VP & Chief Information Officer
    Comp: $798.12k
  • DeAnne Gabel
    Senior Director of Investor Relations
  • Mr. Thomas C. Canfield (Age 68)
    Senior VP, General Counsel & Company Secretary
    Comp: $701.45k
  • Mr. Brian J. McMenamy (Age 65)
    VP & Controller
  • Simon Gore
    Treasurer

SAVE Stock Analysis - Frequently Asked Questions

How have SAVE shares performed this year?

Spirit Airlines' stock was trading at $16.39 at the beginning of the year. Since then, SAVE shares have decreased by 82.8% and is now trading at $2.82.
View the best growth stocks for 2024 here
.

How were Spirit Airlines' earnings last quarter?

Spirit Airlines, Inc. (NYSE:SAVE) released its earnings results on Monday, May, 6th. The company reported ($1.46) EPS for the quarter, missing the consensus estimate of ($1.45) by $0.01. The business's quarterly revenue was down 6.2% on a year-over-year basis.

What is Ted Christie's approval rating as Spirit Airlines' CEO?

78 employees have rated Spirit Airlines Chief Executive Officer Ted Christie on Glassdoor.com. Ted Christie has an approval rating of 93% among the company's employees. This puts Ted Christie in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Spirit Airlines' major shareholders?

Top institutional shareholders of Spirit Airlines include Roman Butler Fullerton & Co. (0.16%), SG Americas Securities LLC (0.02%) and Advisor Resource Council (0.02%).
View institutional ownership trends
.

How do I buy shares of Spirit Airlines?

Shares of SAVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SAVE) was last updated on 7/17/2024 by MarketBeat.com Staff

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