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Spirit Airlines NYSE:SAVE Stock Report

Last Price

US$3.54

Market Cap

US$387.6m

7D

-12.4%

1Y

-79.3%

Updated

26 Apr, 2024

Data

Company Financials +

SAVE Stock Overview

Spirit Airlines, Inc. provides airline services.

SAVE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Spirit Airlines, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Spirit Airlines
Historical stock prices
Current Share PriceUS$3.54
52 Week HighUS$19.69
52 Week LowUS$3.47
Beta1.34
1 Month Change-23.38%
3 Month Change-43.36%
1 Year Change-79.30%
3 Year Change-90.12%
5 Year Change-93.26%
Change since IPO-69.35%

Recent News & Updates

Spirit Airlines: The Spirit Is Gone, Time To Sell

Apr 19

SAVE Yourself The Trouble On Spirit Airlines

Apr 05

Recent updates

Spirit Airlines: The Spirit Is Gone, Time To Sell

Apr 19

SAVE Yourself The Trouble On Spirit Airlines

Apr 05

Spirit Airlines: Positive Operating Cashflow, Path To Soaring Alone

Feb 28

Spirit Airlines Is Not Set For A Chapter 11 Landing In 2024

Jan 23

Why The JetBlue Airways Merger Deal With Spirit Airlines Was Blocked

Jan 17

Spirit Airlines: Trading Strategies While Waiting For The Airline Merger

Jan 08

Spirit Airlines And JetBlue Deal: No Soft Landings Here

Dec 18

Updating Spirit/JetBlue Merger Probabilities As Trial Concludes

Dec 06

Spirit: An Extreme Merger Arbitrage Opportunity

Nov 27

Buy Spirit Airlines For The Same Reason JetBlue Is: The A321neo

Nov 19

Despite Weak Trading, Spirit JetBlue Merger Could Still Close

Nov 01

Last Update Before Merger: Spirit Airlines Is A Buy

Oct 13

Spirit Airlines: Thank You JetBlue

Sep 14

JetBlue And Spirit Merger Potential Gets Stronger

Jul 07

Spirit Airlines: Value Remains Despite Uncertainties

Jun 27

Spirit Airlines expects to hear from DOJ on JetBlue deal in next 30 days

Feb 08

Spirit Airlines Non-GAAP EPS of $0.03 beats by $0.11, revenue of $1.34B misses by $10M

Oct 26

Spirit Airlines: Wait For The Payout

Sep 10

Spirit Airlines Non-GAAP EPS of -$0.30 beats by $0.16, revenue of $1.37B beats by $20M

Aug 09

Spirit Airlines vote on Frontier sale expected to fail - report

Jul 27

Spirit Airlines Saga: Asymmetric Risk Opportunity

Jul 14

Spirit Airlines: A Desperation Buy For JetBlue, Vote No On Frontier Airlines

Jul 06

Frontier Takes Top Spot To Acquire Spirit Airlines

Jun 26

Spirit Airlines: JetBlue Buy Offer Is More Compelling

Jun 10

Shareholder Returns

SAVEUS AirlinesUS Market
7D-12.4%0.4%1.0%
1Y-79.3%13.2%21.9%

Return vs Industry: SAVE underperformed the US Airlines industry which returned 13.2% over the past year.

Return vs Market: SAVE underperformed the US Market which returned 21.9% over the past year.

Price Volatility

Is SAVE's price volatile compared to industry and market?
SAVE volatility
SAVE Average Weekly Movement9.4%
Airlines Industry Average Movement6.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: SAVE's share price has been volatile over the past 3 months.

Volatility Over Time: SAVE's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196413,167Ted Christiewww.spirit.com

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.

Spirit Airlines, Inc. Fundamentals Summary

How do Spirit Airlines's earnings and revenue compare to its market cap?
SAVE fundamental statistics
Market capUS$387.63m
Earnings (TTM)-US$447.46m
Revenue (TTM)US$5.36b

0.1x

P/S Ratio

-0.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SAVE income statement (TTM)
RevenueUS$5.36b
Cost of RevenueUS$4.53b
Gross ProfitUS$831.97m
Other ExpensesUS$1.28b
Earnings-US$447.46m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 06, 2024

Earnings per share (EPS)-4.09
Gross Margin15.51%
Net Profit Margin-8.34%
Debt/Equity Ratio297.1%

How did SAVE perform over the long term?

See historical performance and comparison
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