Spirit Airlines, Inc. (SAVE): Price and Financial Metrics

Spirit Airlines, Inc. (SAVE): $4.28

0.01 (-0.23%)

POWR Rating

Component Grades

Momentum

C

Stability

D

Sentiment

Quality

D

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Industry: Airlines

Industry

D

Ranked

#23 of 26

in industry

SAVE Price/Volume Stats

Current price $4.28 52-week high $19.69
Prev. close $4.29 52-week low $4.04
Day low $4.12 Volume 5,660,600
Day high $4.40 Avg. volume 18,917,559
50-day MA $7.32 Dividend yield N/A
200-day MA $13.67 Market Cap 468.57M

SAVE Stock Price Chart Interactive Chart >

SAVE POWR Grades

  • SAVE scores best on the Growth dimension, with a Growth rank ahead of 35.07% of US stocks.
  • The strongest trend for SAVE is in Quality, which has been heading down over the past 26 weeks.
  • SAVE ranks lowest in Sentiment; there it ranks in the 1st percentile.

SAVE Stock Summary

  • The capital turnover (annual revenue relative to shareholder's equity) for SAVE is 4.13 -- better than 87.88% of US stocks.
  • SAVE's price/sales ratio is 0.32; that's higher than the P/S ratio of merely 10.19% of US stocks.
  • Over the past twelve months, SAVE has reported earnings growth of 53.94%, putting it ahead of 83.04% of US stocks in our set.
  • Stocks that are quantitatively similar to SAVE, based on their financial statements, market capitalization, and price volatility, are OCFC, NWL, PBFS, VAC, and HGV.
  • SAVE's SEC filings can be seen here. And to visit SPIRIT AIRLINES INC's official web site, go to www.spirit.com.

SAVE Valuation Summary

  • SAVE's EV/EBIT ratio is -14.9; this is 185.63% lower than that of the median Industrials stock.
  • SAVE's price/earnings ratio has moved down 13.9 over the prior 153 months.

Below are key valuation metrics over time for SAVE.

Stock Date P/S P/B P/E EV/EBIT
SAVE 2023-12-29 0.3 1.4 -3.3 -14.9
SAVE 2023-12-28 0.3 1.4 -3.3 -14.9
SAVE 2023-12-27 0.3 1.4 -3.4 -14.9
SAVE 2023-12-26 0.3 1.4 -3.4 -14.9
SAVE 2023-12-22 0.3 1.4 -3.4 -15.0
SAVE 2023-12-21 0.3 1.4 -3.4 -14.9

SAVE Growth Metrics

    Its 5 year net cashflow from operations growth rate is now at -2.31%.
  • Its 3 year price growth rate is now at -62.69%.
  • Its 5 year price growth rate is now at -79.83%.
SAVE's revenue has moved up $2,692,888,000 over the prior 70 months.

The table below shows SAVE's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 5,068.447 -89.022 -554.15
2022-09-30 4,664.693 -100.409 -370.645
2022-06-30 4,244.145 -188.461 -319.494
2022-03-31 3,736.811 41.785 -554.951
2021-12-31 3,230.775 208.888 -472.569
2021-09-30 2,741.709 181.15 -542.714

SAVE's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • SAVE has a Quality Grade of C, ranking ahead of 28.96% of graded US stocks.
  • SAVE's asset turnover comes in at 0.323 -- ranking 65th of 137 Transportation stocks.
  • ALGT, HA, and AAL are the stocks whose asset turnover ratios are most correlated with SAVE.

The table below shows SAVE's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.323 0.490 -0.046
2021-06-30 0.261 0.459 -0.058
2021-03-31 0.181 0.380 -0.054
2020-12-31 0.227 0.453 -0.051
2020-09-30 0.298 0.502 -0.021
2020-06-30 0.401 0.552 0.004

Spirit Airlines, Inc. (SAVE) Company Bio


Spirit Airlines provides low-fare airline services in the United States, Caribbean, and Latin America.The company was founded in 1964 and is based in Miramar, Florida.


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Latest SAVE News From Around the Web

Below are the latest news stories about SPIRIT AIRLINES INC that investors may wish to consider to help them evaluate SAVE as an investment opportunity.

Spirit just said 'sorry' for putting a six-year-old on the wrong flight

The six-year-old boy was "incorrectly boarded" on a flight to Orlando instead of Fort Myers.

Yahoo | December 26, 2023

A 6-year-old boy traveling alone for Christmas was put on the wrong Spirit flight

A 6-year-old boy who left on a flight for the Christmas holiday to visit his grandmother in southwest Florida instead was put on the wrong plane and ended up 160 miles away in Orlando, Florida. When the grandmother, Maria Ramos, showed up on Thursday at Southwest Florida International Airport in Fort Myers to greet her grandson who was flying for the first time from Philadelphia, she was told he wasn't on the Spirit Airlines flight. In a statement, Spirit Airlines said the boy was under the care and supervision of an airlines employee the entire time, even though he was incorrectly boarded on a flight to Orlando.

Yahoo | December 26, 2023

The last plane ticket sales of 2023 are here (here's how to score a deal)

For those looking to travel between Jan. 9 and Feb. 14, 2024, Spirit Airlines is holding its "Snowy Savings" sale, offering one-way fares within the U.S. starting at $42. It is, however, characteristic of a typical "act now to not miss it" airline fare slasher — the travel dates must be locked in by 11:59 p.m. EST of Thursday, Dec. 21. The $42 rates include journeys between cities like Las Vegas and Albuquerque, N.M., Atlanta to Baltimore, from Austin to Fort Lauderdale, Atlanta and Tampa, Nashville and Philadelphia and Denver to Las Vegas.

Yahoo | December 20, 2023

Punching police, passengers screaming: Video captures worst of air travel right now

At this point, almost everyone who works in aviation has sounded the alarm on the increase in passengers who turn difficult, belligerent or outright violent. The International Air Transport Association and the FAA have both put out one-strike action plans to crack down on dangerous behavior (the latest statistics show that the number of unruly passenger incidents rose to one in every 568 flights by 2022) while pilots and flight attendants have been taking to social media to implore travelers to be kinder even as they get frustrated. "We are looking to see how we can better combat the situation and I'm using the word combat in an interesting way because again when you have customers physically assault our airline employees it does become a fight or flight situation that's crucial to ad...

Yahoo | December 18, 2023

Spirit Airlines Celebrates 30th Anniversary in Fort Myers with the Launch of the Southwest Florida International Airport's Only Nonstop Service to Puerto Rico

Spirit Airlines (NYSE: SAVE) is celebrating three decades of serving Southwest Florida with the start of the only nonstop flight between Luis Muñoz Marin International Airport (SJU) and Southwest Florida International Airport (RSW). Spirit first landed in Fort Myers in 1993 and has grown to offer nonstop service to 14 destinations and 20-peak day departures from the Midwest to the East Coast.

Yahoo | December 15, 2023

Read More 'SAVE' Stories Here

SAVE Price Returns

1-mo -35.35%
3-mo -73.32%
6-mo -73.79%
1-year -74.69%
3-year -89.23%
5-year -92.07%
YTD -73.89%
2023 -15.86%
2022 -10.85%
2021 -10.63%
2020 -39.35%
2019 -30.40%

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