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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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
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Spirit Airlines Optimizes Baggage Operations and Reduces Costs with TA Ramp
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Spirit Airlines Unveils New Spirit Central Campus in Dania Beach, Florida
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Spirit Airlines to defer Airbus deliveries, furlough pilots to boost liquidity
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Spirit Airlines Announces Deferral of Airbus Aircraft Deliveries
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JetBlue and Spirit Airlines end merger agreement after regulatory pushback
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Spirit Announces Termination of Merger Agreement with JetBlue
Trading Information
- Previous Close Price
- $3.76
- Day Range
- $3.52–3.71
- 52-Week Range
- $3.48–19.68
- Bid/Ask
- $3.53 / $3.54
- Market Cap
- $387.63 Mil
- Volume/Avg
- 3.9 Mil / 6.9 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.08
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.64%
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) | — | 10.93 | 10.19 |
Price/Book Value | 0.36 | 0.76 | 1.43 |
Price/Sales | 0.08 | 0.21 | 0.77 |
Price/Cash Flow | — | 6.37 | 4.05 |
Price/Earnings
SAVE
JBLU
SNCY
Financial Strength
|
Metric
|
SAVE
|
JBLU
|
SNCY
|
|---|---|---|---|
Quick Ratio | 0.71 | 0.48 | 0.54 |
Current Ratio | 0.90 | 0.54 | 0.65 |
Interest Coverage | −4.09 | −3.33 | 2.97 |
Quick Ratio
SAVE
JBLU
SNCY
Profitability
|
Metric
|
SAVE
|
JBLU
|
SNCY
|
|---|---|---|---|
Return on Assets (Normalized) | −3.85% | −1.37% | 5.01% |
Return on Equity (Normalized) | −25.82% | −5.67% | 15.43% |
Return on Invested Capital (Normalized) | −3.99% | −0.76% | 8.66% |
Return on Assets
SAVE
JBLU
SNCY
Airlines Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
DAL
| Delta Air Lines Inc | Cyrpzcsvp | Zqh | $32.6 Bil | |
RYAAY
| Ryanair Holdings PLC ADR | — | Xhvwy | $24.9 Bil | |
UAL
| United Airlines Holdings Inc | Hhbskpbmd | Msvsm | $17.4 Bil | |
LUV
| Southwest Airlines Co | Tkdzshkj | Yzgs | $16.1 Bil | |
AIRYY
| Air China Ltd ADR | — | Jby | $14.4 Bil | |
AICAF
| Air China Ltd Class H | — | Hjmwv | $14.4 Bil | |
SINGF
| Singapore Airlines Ltd | — | Zhg | $14.3 Bil | |
SINGY
| Singapore Airlines Ltd ADR | — | Kzf | $14.3 Bil | |
TKHVY
| Turk Hava Yollari AO ADR | — | Bjsbn | $13.8 Bil | |
AAL
| American Airlines Group Inc | Cmtdhvfsn | Cfs | $9.2 Bil |