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NYSE: SAVE
Spirit Airlines Inc Stock

$3.79-0.12 (-3.07%)
Updated Apr 23, 2024
SAVE Price
$3.79
Fair Value Price
N/A
Market Cap
$414.92M
52 Week Low
$3.71
52 Week High
$19.69
P/E
-0.92x
P/B
0.37x
P/S
0.33x
PEG
N/A
Dividend Yield
26.39%
Revenue
$5.36B
Earnings
-$447.46M
Gross Margin
47.2%
Operating Margin
-7.26%
Profit Margin
-8.3%
Debt to Equity
7.3
Operating Cash Flow
-$247M
Beta
1.49
Next Earnings
May 6, 2024
Ex-Dividend
N/A
Next Dividend
N/A

SAVE Overview

Spirit Airlines Incorporated (formerly Clippert Trucking Co.) operates flights between major US cities and popular vacation spots in the Caribbean and Latin America, serving 85 destinations in 15 countries. The airline operates an all-Airbus fleet of 175 single-aisle aircraft in the A320 family. Spirit Airlines uses an ancillary service model, charging separately for baggage, advanced seat selection, and other travel-related upgrades. Spirit Airlines was founded in 1964 and is headquartered in Miramar, FL.

Zen Score

Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how SAVE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

SAVE is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
SAVE is good value based on its book value relative to its share price (0.37x), compared to the US Airlines industry average (2.93x)
P/B vs Industry Valuation
SAVE is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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SAVE News

Valuation

SAVE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.92x
Industry
15.85x
Market
41.92x

SAVE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.37x
Industry
2.93x
SAVE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SAVE's financial health

Profit margin

Revenue
$1.3B
Net Income
-$183.7M
Profit Margin
-13.9%
SAVE's cash burn is expected... subscribe to Premium to read more.
Interest Coverage Financials
SAVE's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$9.4B
Liabilities
$8.3B
Debt to equity
7.3
SAVE's short-term liabilities ($1.67B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SAVE's long-term liabilities ($6.61B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SAVE's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
SAVE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$182.8M
Investing
$149.0M
Financing
$80.6M
SAVE's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SAVE vs Airline Stocks

TickerMarket Cap1d %P/EP/B
SAVE$414.92M-3.07%-0.92x0.37x
HA$668.54M-0.54%-2.55x7.01x
AZUL$674.78M-1.19%-4.63x-0.18x
SNCY$789.77M-1.53%11.40x1.54x
MESA$36.89M+5.75%-0.30x0.18x

Spirit Airlines Stock FAQ

What is Spirit Airlines's quote symbol?

(NYSE: SAVE) Spirit Airlines trades on the NYSE under the ticker symbol SAVE. Spirit Airlines stock quotes can also be displayed as NYSE: SAVE.

If you're new to stock investing, here's how to buy Spirit Airlines stock.

What is the 52 week high and low for Spirit Airlines (NYSE: SAVE)?

(NYSE: SAVE) Spirit Airlines's 52-week high was $19.69, and its 52-week low was $3.71. It is currently -80.75% from its 52-week high and 2.16% from its 52-week low.

How much is Spirit Airlines stock worth today?

(NYSE: SAVE) Spirit Airlines currently has 109,477,999 outstanding shares. With Spirit Airlines stock trading at $3.79 per share, the total value of Spirit Airlines stock (market capitalization) is $414.92M.

Spirit Airlines stock was originally listed at a price of $11.55 in May 26, 2011. If you had invested in Spirit Airlines stock at $11.55, your return over the last 12 years would have been -67.19%, for an annualized return of -8.87% (not including any dividends or dividend reinvestments).

How much is Spirit Airlines's stock price per share?

(NYSE: SAVE) Spirit Airlines stock price per share is $3.79 today (as of Apr 23, 2024).

What is Spirit Airlines's Market Cap?

(NYSE: SAVE) Spirit Airlines's market cap is $414.92M, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Spirit Airlines's market cap is calculated by multiplying SAVE's current stock price of $3.79 by SAVE's total outstanding shares of 109,477,999.
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