company background image
SAVE.Q logo

Spirit Airlines OTCPK:SAVE.Q Stock Report

Last Price

US$0.45

Market Cap

US$48.7m

7D

-35.3%

1Y

-97.4%

Updated

22 Dec, 2024

Data

Company Financials +

Spirit Airlines, Inc.

OTCPK:SAVE.Q Stock Report

Market Cap: US$48.7m

My Notes

Capture your thoughts, links and company narrative

Spirit Airlines, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Spirit Airlines
Historical stock prices
Current Share PriceUS$0.45
52 Week HighUS$17.02
52 Week LowUS$0.01
Beta1.14
1 Month Change196.67%
3 Month Change-81.30%
1 Year Change-97.36%
3 Year Change-98.05%
5 Year Change-98.90%
Change since IPO-96.15%

Recent News & Updates

Recent updates

Spirit Airlines: Liquidation Value Highlights Opportunity In Convertible Debt

Nov 13

Spirit Airlines: From Bankruptcy Rumors To Takeover Talk Tied To Frontier Airlines

Oct 24

Spirit Airlines: Death By A Thousand Cuts

Oct 05

Spirit Airlines Investors May Need A Parachute Because Of A Potential 'Default'

Sep 25

Spirit Airlines: Hawaiian Airlines Merger Is A Silver Lining

Aug 28

Is Spirit Airlines, Inc. (NYSE:SAVE) Trading At A 49% Discount?

Jul 21
Is Spirit Airlines, Inc. (NYSE:SAVE) Trading At A 49% Discount?

Spirit Airlines Stock Falls On Restructuring Bankruptcy And Profit Concerns

Jul 17

Spirit Q1: No Longer Taking Off (Rating Downgrade)

May 13

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

Shareholder Returns

SAVE.QUS AirlinesUS Market
7D-35.3%0.8%-2.4%
1Y-97.4%44.8%23.4%

Return vs Industry: SAVE.Q underperformed the US Airlines industry which returned 44.8% over the past year.

Return vs Market: SAVE.Q underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is SAVE.Q's price volatile compared to industry and market?
SAVE.Q volatility
SAVE.Q Average Weekly Movement77.5%
Airlines Industry Average Movement8.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: SAVE.Q's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SAVE.Q's weekly volatility has increased from 41% to 78% 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.Q fundamental statistics
Market capUS$48.74m
Earnings (TTM)-US$827.46m
Revenue (TTM)US$5.07b

0.0x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SAVE.Q income statement (TTM)
RevenueUS$5.07b
Cost of RevenueUS$4.64b
Gross ProfitUS$421.84m
Other ExpensesUS$1.25b
Earnings-US$827.46m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-7.56
Gross Margin8.33%
Net Profit Margin-16.34%
Debt/Equity Ratio643.1%

How did SAVE.Q perform over the long term?

See historical performance and comparison

Dividends

44.9%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spirit Airlines, Inc. is covered by 23 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bob McAdooAvondale Partners
Garrett ChaseBarclays
Andrew DidoraBofA Global Research