Spirit Airlines, Inc. (SAVE)
Stock Price:
$17.63 USD
-0.42 (-2.30%)
Updated Aug 12, 2020 1:22 PM EDT - Market open
Key Info
| Market Cap |
1.56B |
| Revenue (ttm) |
2.87B |
| Net Income (ttm) |
-7.58M |
| Shares Out |
88.67M |
| EPS (ttm) |
-0.11 |
| PE Ratio |
n/a |
| Forward PE |
2.10 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
Stock Quote
| Trading Day |
Aug 12, 2020 |
| Last Price |
$17.63 |
| Previous Close |
$18.04 |
| Change ($) |
-0.42 |
| Change (%) |
-2.30% |
| Day's Open |
18.37 |
| Day's Range |
17.31 - 18.54 |
| Day's Volume |
6,739,635 |
| 52-Week Range |
7.01 - 47.50 |
More Stats
| Market Cap |
1.56B |
| Enterprise Value |
4.32B |
| Earnings Date (est) |
Oct 21, 2020 |
| Ex-Dividend Date |
n/a |
| Shares Outstanding |
88.67M |
| Float |
88.20M |
| EPS (basic) |
0.19 |
| EPS (diluted) |
-0.11 |
| FCF / Share |
-7.28 |
| Dividend |
n/a |
| Dividend Yield |
n/a |
| Earnings Yield |
n/a |
| FCF Yield |
n/a |
| Payout Ratio |
n/a |
| Shares Short |
20.84M |
| Short Ratio |
1.46 |
| Short % of Float |
26.69% |
| Beta |
1.25 |
| PE Ratio |
n/a |
| Forward PE |
2.10 |
| P/FCF Ratio |
n/a |
| PS Ratio |
0.54 |
| PB Ratio |
0.69 |
| Revenue |
2.87B |
| Operating Income |
929,000 |
| Net Income |
-7.58M |
| Free Cash Flow |
-498.74M |
| Net Cash |
-2.76B |
| Net Cash / Share |
-31.09 |
| Gross Margin |
46.19% |
| Operating Margin |
0.03% |
| Profit Margin |
-0.30% |
| FCF Margin |
-17.37% |
| ROA |
-1.18% |
| ROE |
-0.34% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (15)
| Buy |
6 |
| Overweight |
0 |
| Hold |
5 |
| Underweight |
1 |
| Sell |
3 |
Analyst Consensus: Overweight
Price Target
$17.57*
(-0.31% downside)
Low
7.00
Current: $17.63
High
29.00
Target: 17.57
*Average 12-month price target from 14 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 3,831 | 3,323 | 2,644 | 2,320 | 2,141 | 1,932 | 1,654 | 1,318 | 1,071 | 781 |
| Revenue Growth | 15.27% | 25.7% | 13.95% | 8.34% | 10.87% | 16.76% | 25.49% | 23.08% | 37.11% | - |
| Gross Profit | 2,255 | 1,862 | 1,531 | 1,421 | 1,257 | 944 | 789 | 585 | 480 | 357 |
| Operating Income | 501 | 351 | 385 | 441 | 509 | 355 | 282 | 174 | 144 | 68.87 |
| Net Income | 335 | 156 | 416 | 263 | 317 | 225 | 177 | 108 | 76.45 | 72.48 |
| Shares Outstanding | 68.45 | 68.26 | 69.37 | 69.32 | 71.54 | 72.77 | 72.65 | 70.86 | 72.53 | - |
| Earnings Per Share | 4.89 | 2.28 | 5.99 | 3.74 | 4.38 | 3.08 | 2.42 | 1.49 | 1.43 | 2.72 |
| EPS Growth | 114.47% | -61.94% | 60.16% | -14.61% | 42.21% | 27.27% | 62.42% | 4.2% | -47.43% | - |
| Operating Cash Flow | 551 | 506 | 425 | 472 | 473 | 262 | 195 | 114 | 171 | 27.03 |
| Capital Expenditures | -445 | -773 | -778 | -713 | -691 | -302 | -90.10 | -27.32 | -67.22 | -30.47 |
| Free Cash Flow | 107 | -267 | -353 | -241 | -218 | -40.54 | 105 | 86.31 | 104 | -3.43 |
| Cash & Equivalents | 1,084 | 1,108 | 902 | 801 | 804 | 633 | 531 | 417 | 343 | 155 |
| Total Debt | 3,558 | 2,188 | 1,503 | 982 | 646 | 146 | - | - | - | 35.21 |
| Net Cash / Debt | -2,474 | -1,081 | -601 | -181 | 157 | 487 | 531 | 417 | 343 | 120 |
| Assets | 7,043 | 5,165 | 4,146 | 3,152 | 2,531 | 1,593 | 1,181 | 920 | 746 | 476 |
| Liabilities | 4,782 | 3,237 | 2,383 | 1,757 | 1,305 | 590 | 412 | 337 | 279 | 581 |
| Book Value | 2,261 | 1,929 | 1,763 | 1,395 | 1,225 | 1,003 | 769 | 583 | 467 | -105 |
Numbers in millions USD, except per-share numbers.
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, Inc. 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.