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Spirit Airlines, Inc. (SAVE)

Stock Price: $22.98 USD 0.10 (0.44%)
Updated November 25, 4:00 PM EST - Market closed
After-hours: $23.00 +0.02 (0.09%) Nov 25, 7:59 PM

Stock Price Chart

Key Info

Market Cap 2.24B
Revenue (ttm) 2.28B
Net Income (ttm) -190.18M
Shares Out 97.68M
EPS (ttm) -2.46
PE Ratio n/a
Forward PE 17.54
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 25
Last Price $22.98
Previous Close $22.88
Change ($) 0.10
Change (%) 0.44%
Day's Open 22.55
Day's Range 21.85 - 23.07
Day's Volume 9,100,906
52-Week Range 7.01 - 47.50

More Stats

Market Cap 2.24B
Enterprise Value 4.96B
Earnings Date (est) Feb 9, 2021
Ex-Dividend Date n/a
Shares Outstanding 97.68M
Float 97.13M
EPS (basic) -2.10
EPS (diluted) -2.46
FCF / Share -6.68
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 16.07M
Short Ratio 1.68
Short % of Float 16.54%
Beta 1.43
PE Ratio n/a
Forward PE 17.54
P/FCF Ratio n/a
PS Ratio 0.98
PB Ratio 0.85
Revenue 2.28B
Operating Income -223.22M
Net Income -190.18M
Free Cash Flow -592.47M
Net Cash -2.71B
Net Cash / Share -27.78
Gross Margin 58.13%
Operating Margin -9.78%
Profit Margin -8.30%
FCF Margin -25.97%
ROA -4.31%
ROE -8.30%
ROIC -2.10%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (15)

Buy 8
Overweight 0
Hold 4
Underweight 1
Sell 2

Analyst Consensus: Overweight

Price Target

$20.14*
(-12.36% downside)
Low
10.0
Current: $22.98
High
29.0
Target: 20.14
*Average 12-month price target from 14 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,8313,3232,6442,3202,1411,9321,6541,3181,071781
Revenue Growth15.27%25.7%13.95%8.34%10.87%16.76%25.49%23.08%37.11%-
Gross Profit2,2551,8621,5311,4211,257944789585480357
Operating Income50135138544150935528217414468.87
Net Income33515641626331722517710876.4572.48
Shares Outstanding68.4568.2669.3769.3271.5472.7772.6570.8672.53-
Earnings Per Share4.892.285.993.744.383.082.421.491.432.72
EPS Growth114.47%-61.94%60.16%-14.61%42.21%27.27%62.42%4.2%-47.43%-
Operating Cash Flow55150642547247326219511417127.03
Capital Expenditures-445-773-778-713-691-302-90.10-27.32-67.22-30.47
Free Cash Flow107-267-353-241-218-40.5410586.31104-3.43
Cash & Equivalents1,0841,108902801804633531417343155
Total Debt3,5582,1881,503982646146---35.21
Net Cash / Debt-2,474-1,081-601-181157487531417343120
Assets7,0435,1654,1463,1522,5311,5931,181920746476
Liabilities4,7823,2372,3831,7571,305590412337279581
Book Value2,2611,9291,7631,3951,2251,003769583467-105
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Spirit Airlines, Inc.
Country United States
Employees 8,938
CEO Edward Morgan Christie

Stock Information

Ticker Symbol SAVE
Stock Exchange New York Stock Exchange
Sector Industrials
Industry Airlines
Unique Identifier NYSE: SAVE
IPO Date May 26, 2011

Description

Spirit Airlines provides low-fare airline services. The company operates approximately 600 daily flights to 77 destinations in the United States, the Caribbean, and Latin America. As of December 31, 2019, the company had a fleet of 145 Airbus single-aisle aircraft comprising 31 A319ceos, 64 A320ceos, 20 A320neos and 30 A321ceos. It offers tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.