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Spirit Airlines Inc (SAVEQ)
:SAVEQ

Spirit Airlines (SAVEQ) Price & Analysis

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SAVEQ Stock Chart & Stats


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Bulls Say, Bears Say

Bulls Say
Commercial StrategyManagement has made significant changes to the commercial strategy, removing cancellation fees, adding bundled travel packages and focusing on improved customer service.
Revenue ManagementLower network capacity should help drive improved unit revenue outcomes and, with the announcement of pilot furloughs, relative costs should also improve.
Bears Say
Financial StrugglesManagement details imply a significant drop in revenue and a negative operating margin, indicating financial struggles.
Liquidity PressureThere is a risk of customers booking away from Spirit Airlines, which could further pressure its liquidity.
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Financials

Quarterly

Ownership Overview

0.97%7.19%0.82%90.64%
0.82% Other Institutional Investors
90.64% Public Companies and Individual Investors

Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Website Traffic

The estimated number of people who visited one or more of the websites owned by Spirit Airlines
Desktop Users
Mobile Users

SAVEQ FAQ

What was Spirit Airlines Inc’s price range in the past 12 months?
Spirit Airlines Inc lowest stock price was $0.01 and its highest was $6.65 in the past 12 months.
    What is Spirit Airlines Inc’s market cap?
    Spirit Airlines Inc’s market cap is $69.00M.
      When is Spirit Airlines Inc’s upcoming earnings report date?
      Spirit Airlines Inc’s upcoming earnings report date is Apr 23, 2025 which is in 62 days.
        How were Spirit Airlines Inc’s earnings last quarter?
        Currently, no data Available
        Is Spirit Airlines Inc overvalued?
        According to Wall Street analysts Spirit Airlines Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Spirit Airlines Inc pay dividends?
          Spirit Airlines Inc pays a Monthly dividend of $0.1 which represents an annual dividend yield of N/A. See more information on Spirit Airlines Inc dividends here
            What is Spirit Airlines Inc’s EPS estimate?
            Spirit Airlines Inc’s EPS estimate is -1.59.
              How many shares outstanding does Spirit Airlines Inc have?
              Spirit Airlines Inc has 109,523,810 shares outstanding.
                What happened to Spirit Airlines Inc’s price movement after its last earnings report?
                Currently, no data Available
                Which hedge fund is a major shareholder of Spirit Airlines Inc?
                Currently, no hedge funds are holding shares in SAVEQ
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                Company Description

                Spirit Airlines Inc

                Spirit Airlines, Inc. is an airline that offers travel to price-conscious customers. The company's customers start with an unbundled base fares that remove components included in the price of an airline ticket. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.
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                SAVEQ Revenue Breakdown

                87.20%87.20%12.80%
                87.20% Domestic
                12.80% Latin America and Caribbean
                tipranks
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                SAVEQ Stock 12 Month Forecast

                Average Price Target

                $0.01
                ▼(-98.57% Downside)
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<span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":15.64,"date":1696118400000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 9, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":15.9,"date":1704067200000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n           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1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 9</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":4.84,"date":1711929600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 7</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":3.44,"date":1714521600000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Strong Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n       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                Best Analysts Covering SAVEQ

                1 Year
                1 Year Success Rate
                22/33 ratings generated profit
                67%
                1 Year Average Return
                +40.00%
                reiterated a sell rating 4 months ago
                Copying Stephen Trent's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +40.00% per trade.
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