Spirit Airlines, Inc. provides low-fare airline services. More Details
High growth potential and overvalued.
Share Price & News
How has Spirit Airlines's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAVE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: SAVE's weekly volatility has decreased from 16% to 10% over the past year.
7 Day Return
1 Year Return
Return vs Industry: SAVE underperformed the US Airlines industry which returned -29.4% over the past year.
Return vs Market: SAVE underperformed the US Market which returned 20.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Spirit Airlines's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StIs Spirit Airlines (NYSE:SAVE) Using Debt Sensibly?
3 weeks ago | Simply Wall StSpirit Airlines' (NYSE:SAVE) Shareholders Are Down 55% On Their Shares
4 months ago | Simply Wall StMarket Sees Little To Confide In Spirit Airlines, Inc. (NYSE:SAVE) Yet
Is Spirit Airlines undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate SAVE's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate SAVE's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: SAVE is unprofitable, so we can't compare its PE Ratio to the XN Airlines industry average.
PE vs Market: SAVE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SAVE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SAVE is good value based on its PB Ratio (0.9x) compared to the US Airlines industry average (1.3x).
How is Spirit Airlines forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SAVE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: SAVE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SAVE's is expected to become profitable in the next 3 years.
Revenue vs Market: SAVE's revenue (27.8% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: SAVE's revenue (27.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SAVE's Return on Equity is forecast to be low in 3 years time (9.6%).
How has Spirit Airlines performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAVE is currently unprofitable.
Growing Profit Margin: SAVE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SAVE is unprofitable, and losses have increased over the past 5 years at a rate of 14.1% per year.
Accelerating Growth: Unable to compare SAVE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SAVE is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-48.2%).
Return on Equity
High ROE: SAVE has a negative Return on Equity (-7.91%), as it is currently unprofitable.
How is Spirit Airlines's financial position?
Financial Position Analysis
Short Term Liabilities: SAVE's short term assets ($2.5B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: SAVE's short term assets ($2.5B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: SAVE's debt to equity ratio (143.3%) is considered high.
Reducing Debt: SAVE's debt to equity ratio has increased from 45.6% to 143.3% over the past 5 years.
Debt Coverage: SAVE's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: Insufficient data to determine if SAVE's interest payments on its debt are well covered by EBIT.
What is Spirit Airlines's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAVE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SAVE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SAVE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAVE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAVE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ted Christie (49 yo)
Mr. Edward M. Christie, III, also known as Ted, has been President at Spirit Airlines, Inc. since January 2018. He has been a Director at Spirit Airlines, Inc. since January 1, 2018. He serves as the Chief...
CEO Compensation Analysis
Compensation vs Market: Ted's total compensation ($USD3.40M) is about average for companies of similar size in the US market ($USD4.16M).
Compensation vs Earnings: Ted's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||2.08yrs||US$1.25m||0.034% |
|Executive VP & COO||7.08yrs||US$2.07m||0.023% |
|Senior VP||13.08yrs||US$1.16m||0.061% |
|Executive VP & Chief Commercial Officer||4.25yrs||US$1.68m||0.0077% |
|Senior VP & Chief Information Officer||4.17yrs||US$1.46m||0.025% |
|Senior Director of Investor Relations||no data||no data||no data|
|Senior VP & Chief Marketing Officer||0.92yr||US$802.56k||no data|
|Senior VP & Chief Human Resources Officer||6.08yrs||no data||0.0063% |
|VP & Controller||3yrs||no data||0.0069% |
Experienced Management: SAVE's management team is considered experienced (4.2 years average tenure).
|Independent Director||14.83yrs||US$199.35k||0.010% |
|Independent Director||7.83yrs||US$195.92k||0.0067% |
|Independent Director||1.17yrs||US$70.98k||0.00077% |
|Independent Non-Executive Chairman||7.25yrs||US$275.94k||0.027% |
|Independent Director||5.42yrs||US$184.21k||0.0074% |
|Independent Director||1.17yrs||US$70.30k||0.0059% |
|Independent Director||4.67yrs||US$180.71k||0.0037% |
|Independent Director||10.33yrs||US$189.21k||0.0080% |
Experienced Board: SAVE's board of directors are considered experienced (5.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 42.7%.
Spirit Airlines, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Spirit Airlines, Inc.
- Ticker: SAVE
- Exchange: NYSE
- Founded: 1964
- Industry: Airlines
- Sector: Transportation
- Market Cap: US$2.235b
- Shares outstanding: 97.68m
- Website: https://www.spirit.com
Number of Employees
- Spirit Airlines, Inc.
- 2800 Executive Way
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SAVE||NYSE (New York Stock Exchange)||Yes||Voting Common Stock||US||USD||May 2011|
|0L8U||LSE (London Stock Exchange)||Yes||Voting Common Stock||GB||USD||May 2011|
Spirit Airlines, Inc. provides low-fare airline services. The company operates approximately 600 daily flights to 77 destinations in the United States, the Caribbean, and Latin America. As of December 31, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/25 23:33|
|End of Day Share Price||2020/11/25 00:00|
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.