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SAVE

Spirit Airlines NYSE:SAVE Stock Report

Last Price

US$13.67

Market Cap

US$1.7b

7D

-4.3%

1Y

-34.2%

Updated

05 Dec, 2023

Data

Company Financials +

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$13.67
52 Week HighUS$21.25
52 Week LowUS$8.68
Beta1.32
1 Month Change21.40%
3 Month Change-13.75%
1 Year Change-34.22%
3 Year Change-48.02%
5 Year Change-77.75%
Change since IPO18.36%

Recent News & Updates

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

Recent updates

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

Frontier Airlines And Spirit Airlines: The Reality Of Low-Cost Carrier Pressures

May 05

Spirit Airlines: Not Necessarily A Superior Proposal

Apr 06

Shareholder Returns

SAVEUS AirlinesUS 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

Is SAVE's price volatile compared to industry and market?
SAVE volatility
SAVE Average Weekly Movement12.2%
Airlines Industry Average Movement8.5%
Market Average Movement6.1%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.9%

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

FoundedEmployeesCEOWebsite
196412,025Ted Christiehttps://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

How do Spirit Airlines's earnings and revenue compare to its market cap?
SAVE fundamental statistics
Market CapUS$1.70b
Earnings (TTM)-US$534.48m
Revenue (TTM)US$5.43b

0.3x

P/S Ratio

-2.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SAVE income statement (TTM)
RevenueUS$5.43b
Cost of RevenueUS$4.40b
Gross ProfitUS$1.04b
Other ExpensesUS$1.57b
Earnings-US$534.48m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-4.90
Gross Margin19.07%
Net Profit Margin-9.84%
Debt/Equity Ratio249.1%

How did SAVE perform over the long term?

See historical performance and comparison