| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Spirit Airlines, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.67 |
| 52 Week High | US$21.25 |
| 52 Week Low | US$8.68 |
| Beta | 1.32 |
| 1 Month Change | 21.40% |
| 3 Month Change | -13.75% |
| 1 Year Change | -34.22% |
| 3 Year Change | -48.02% |
| 5 Year Change | -77.75% |
| Change since IPO | 18.36% |
Recent News & Updates
Updating Spirit/JetBlue Merger Probabilities As Trial Concludes
Dec 06Spirit: An Extreme Merger Arbitrage Opportunity
Nov 27Buy Spirit Airlines For The Same Reason JetBlue Is: The A321neo
Nov 19Recent updates
Updating Spirit/JetBlue Merger Probabilities As Trial Concludes
Dec 06Spirit: An Extreme Merger Arbitrage Opportunity
Nov 27Buy Spirit Airlines For The Same Reason JetBlue Is: The A321neo
Nov 19Despite Weak Trading, Spirit JetBlue Merger Could Still Close
Nov 01Last Update Before Merger: Spirit Airlines Is A Buy
Oct 13Spirit Airlines: Thank You JetBlue
Sep 14JetBlue And Spirit Merger Potential Gets Stronger
Jul 07Spirit Airlines: Value Remains Despite Uncertainties
Jun 27Spirit Airlines expects to hear from DOJ on JetBlue deal in next 30 days
Feb 08Spirit Airlines Non-GAAP EPS of $0.03 beats by $0.11, revenue of $1.34B misses by $10M
Oct 26Spirit Airlines: Wait For The Payout
Sep 10Spirit Airlines Non-GAAP EPS of -$0.30 beats by $0.16, revenue of $1.37B beats by $20M
Aug 09Spirit Airlines vote on Frontier sale expected to fail - report
Jul 27Spirit Airlines Saga: Asymmetric Risk Opportunity
Jul 14Spirit Airlines: A Desperation Buy For JetBlue, Vote No On Frontier Airlines
Jul 06Frontier Takes Top Spot To Acquire Spirit Airlines
Jun 26Spirit Airlines: JetBlue Buy Offer Is More Compelling
Jun 10Frontier Airlines And Spirit Airlines: The Reality Of Low-Cost Carrier Pressures
May 05Spirit Airlines: Not Necessarily A Superior Proposal
Apr 06Shareholder Returns
| SAVE | US Airlines | US Market | |
|---|---|---|---|
| 7D | -4.3% | 4.4% | 0.6% |
| 1Y | -34.2% | -18.6% | 14.6% |
Return vs Industry: SAVE underperformed the US Airlines industry which returned -18.6% over the past year.
Return vs Market: SAVE underperformed the US Market which returned 14.6% over the past year.
Price Volatility
| SAVE volatility | |
|---|---|
| SAVE Average Weekly Movement | 12.2% |
| Airlines Industry Average Movement | 8.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 15.6% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: SAVE is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: SAVE's weekly volatility has increased from 7% to 12% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1964 | 12,025 | Ted Christie | https://www.spirit.com |
Spirit Airlines, Inc. provides airline services. The company provides front seats, including wider seats with extra legroom, carry-on and checked baggage, assigned seats, travel insurance, and onboard beverages and snacks, as well as hotels, cars, vacation packages, and cruises services. It serves 92 destinations in 16 countries in the United States, Latin America, and the Caribbean.
Spirit Airlines, Inc. Fundamentals Summary
| SAVE fundamental statistics | |
|---|---|
| Market Cap | US$1.70b |
| Earnings (TTM) | -US$534.48m |
| Revenue (TTM) | US$5.43b |
0.3x
P/S Ratio-2.8x
P/E RatioIs SAVE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SAVE income statement (TTM) | |
|---|---|
| Revenue | US$5.43b |
| Cost of Revenue | US$4.40b |
| Gross Profit | US$1.04b |
| Other Expenses | US$1.57b |
| Earnings | -US$534.48m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -4.90 |
| Gross Margin | 19.07% |
| Net Profit Margin | -9.84% |
| Debt/Equity Ratio | 249.1% |
How did SAVE perform over the long term?
See historical performance and comparison