Spirit Airlines Inc SAVE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Riding the Roaring Kitty roller coaster: Why GameStop and AMC meme madness is an 'outlier event'
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Spirit Airlines, Inc. - SAVE
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Delta wins highest praise as HSBC launches U.S. airline coverage
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Spirit Airlines' stock slides nearly 10% after air carrier's quarterly loss, weak guidance
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Spirit Airlines Reports First Quarter 2024 Results
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Airline passengers are now entitled to automatic cash refunds for canceled flights. Here's how to get yours.
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Spirit Airlines Recognized for Safety and Affordability by WalletHub
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Southwest Airlines is ending flights to four airports - and that's not even the big news for travelers
Trading Information
- Previous Close Price
- $3.85
- Day Range
- $3.78–3.94
- 52-Week Range
- $3.18–19.69
- Bid/Ask
- $3.83 / $3.88
- Market Cap
- $416.11 Mil
- Volume/Avg
- 4.8 Mil / 7.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.08
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.38%
Company Profile
Spirit Airlines Inc serves the United States, Latin America, and Caribbean as an airline operator. It primarily offers customers unbundled base fares to strip out any unneeded travel amenities. If needed, a customer can elect for additional options at an extra charge. Flight crews are entirely interchangeable across all aircraft, and maintenance and other support services are simplified due to not having an overly complex fleet. The company has one operating segment, air transportation, owing to its system wide route structure. It may decide to expand its network if a market is underserved or overpriced. The majority of revenue is derived from the United States.
- Sector
- Industrials
- Industry
- Airlines
- Stock Style Box
- Small Core
- Total Number of Employees
- 13,167
- Website
- https://www.spirit.com
Comparables
Valuation
Metric
|
SAVE
|
JBLU
|
SNCY
|
---|---|---|---|
Price/Earnings (Normalized) | — | 11.31 | 8.07 |
Price/Book Value | 0.42 | 0.79 | 1.05 |
Price/Sales | 0.08 | 0.22 | 0.58 |
Price/Cash Flow | — | 6.60 | 3.13 |
Price/Earnings
SAVE
JBLU
SNCY
Financial Strength
Metric
|
SAVE
|
JBLU
|
SNCY
|
---|---|---|---|
Quick Ratio | 0.71 | 0.48 | 0.52 |
Current Ratio | 0.97 | 0.54 | 0.61 |
Interest Coverage | −3.94 | −3.33 | 2.80 |
Quick Ratio
SAVE
JBLU
SNCY
Profitability
Metric
|
SAVE
|
JBLU
|
SNCY
|
---|---|---|---|
Return on Assets (Normalized) | −4.54% | −1.37% | 4.70% |
Return on Equity (Normalized) | −33.35% | −5.67% | 14.39% |
Return on Invested Capital (Normalized) | −4.73% | −0.76% | 8.30% |
Return on Assets
SAVE
JBLU
SNCY
Airlines Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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