Spirit Airlines, Inc. (SAVE)
|Net Income (ttm)||-513.19M|
|Trading Day||May 10|
|Day's Range||34.41 - 35.50|
|52-Week Range||7.25 - 40.77|
This little-known airline has a unique strategy and posted a profit last quarter despite the ongoing COVID-19 pandemic.
Airline traffic is one of many industries that has been hurt by the Covid-19 pandemic. TSA screenings are up and airlines that have reported earnings are pointing to strong recoveries and bookings.
Spirit AeroSystems' (SPR) Q1 revenues decline 16% year over year primarily due to the significantly lower widebody production rates as well as lower production rates on the Airbus A320 program.
Spirit Aerosystems (SPR) delivered earnings and revenue surprises of -31.18% and 4.88%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
The budget airline is starting to unwind some of the costly financing maneuvers it was forced into last year.
MIRAMAR, Fla., May 3, 2021 /PRNewswire/ -- Spirit Airlines, Inc. (NYSE: SAVE) ("Spirit") entered into a series of liability management transactions given the favorable market dynamics.
MIRAMAR, Fla., April 28, 2021 /PRNewswire/ -- Spirit Airlines, Inc. (NYSE: SAVE) ("Spirit") today announced it has priced its underwritten public offering of $440,000,000 aggregate principal amount of 1...
The low-cost operations and strong management team of Spirit Airlines may make SAVE stock a solid recovery play going forward. The post Spirit Airlines Is On Track to Enjoy a Spirited Recovery appeared ...
With the trading day about halfway over, the broader markets were somewhat mixed. The S&P 500 briefly hit an all-time high and quickly pulled back just after the open.
Has the stock gone too far? One analyst thinks so.
MIRAMAR, Fla., April 27, 2021 /PRNewswire/ -- Spirit Airlines, Inc. (NYSE: SAVE) ("Spirit") today announced that it has commenced an underwritten public offering of $440,000,000 aggregate principal amou...
The airline's recovery appears to be on track.
With its strong liquidity and low-cost structure as its key strengths, this airline has the potential to further expand its market share in the coming years. Given its strong short-term and long-term pr...
Coronavirus-induced low passenger revenues hurt Spirit Airlines' (SAVE) Q1 results.
The budget airline reported weak results for the first quarter but is poised for a rapid earnings recovery starting this quarter.
Citigroup's Stephen Trent on what to expect from upcoming airline results
Stephen Trent, Airlines Analyst at Citigroup, joins Worldwide Exchange to discuss the airline results out today, and the performance over the past quarter.
Spirit (SAVE) delivered earnings and revenue surprises of 5.70% and -0.89%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Spirit Airlines (NYSE:SAVE) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 188.37% over the past year to ($2.48), wh...
MIRAMAR, Fla., April 21, 2021 /PRNewswire/ -- Spirit Airlines, Inc. (NYSE: SAVE) today reported first quarter 2021 financial results.
JP Morgan analyst Jamie Baker recently upgraded JetBlue Airways Corporation (NASDAQ: JBLU) and Spirit Airlines Incorporated (NYSE: SAVE) from Underweight to Overweight. Related Link: COVID-19 To Have '...
Here's where the airline trade may be headed
CNBC's Dom Chu discusses airline stocks and recovery for the sector with Jamie Baker of J.P. Morgan.
The stock gets a double upgrade from one Wall Street bank.
Southwest Airlines Co (NYSE: LUV) shares are trading higher by 1% in Wednesday's pre-market session after JPMorgan upgraded the stock from Underperform to Neutral and raised its price target from $44 to...
The current uptick in leisure air-travel demand in the United States prompts carriers like Delta (DAL), Southwest Airlines (LUV) and United Airlines (UAL) to announce route extension plans for the impen...
Spirit Airlines (SAVE) to increase flight offerings out of Los Angeles International Airport by introducing international service for the first time.
Spirit Airlines Flexes its Wings over Los Angeles, Expands into International Service and adds new domestic routes
LOS ANGELES, March 31, 2021 /PRNewswire/ -- Clear skies full of bright yellow are ahead for the Los Angeles basin all the way down to the tip of Baja Mexico. Today Spirit Airlines (NYSE: SAVE) announced...
Spirit Airlines to Add Third Vacation Destination in Mexico with Nonstop Flights to Puerto Vallarta Starting in July
MIRAMAR, Fla., March 31, 2021 /PRNewswire/ -- The brightest planes in the sky will continue to soar over Mexico, this time touching down at a new destination!
Growth stocks weren't the only way to beat the market last year.
The airline industry appears to be more than ready to move ahead into a post-pandemic era, with several major U.S. carriers announcing a plethora of new routes over the past few days. Why It Matters: It...
The gradual betterment in leisure-travel demand boosts the share price of the likes of United Airlines (UAL), American Airlines (AAL), Delta Air Lines (DAL), Alaska Air Group (ALK) and Southwest Airline...
Airline stocks gained altitude Monday after the industry got some of the most encouraging data since the beginning of the pandemic. What Happened: On Sunday, the Transportation Security Administration s...
Bookings are up at United, Delta, Southwest, JetBlue and Spirit, as leisure travelers return amid declining Covid infection rates. The post For Airline Stock Prices, The Pandemic Is Nearly Over But Tota...
The Dow gained 10 points, the S&P traded flat, and the Nasdaq gained 0.1%. In the meantime, Q.ai's Artificial Intelligence has found you today's best short plays.
Spirit Airlines CEO on safety precautions the company is taking
"We as an industry have invested a lot of time and energy in making sure that the welfare of our guests on board the airplane are taken care of first," says Spirit Airlines CEO Ted Christie. "The air qu...
J.P. Morgan analyst's outlook for the airline industry
Jamie Baker, J.P. Morgan senior airline analyst, says it's not clear whether airline industries will fare better in 2021 compared to last year due to the pandemic.
United Airlines (UAL) and American Airlines (AAL) withdraw the furlough notice, earlier served to 27,000 employees, in the wake of President Joe Biden's enactment of the promised stimulus kit.
Spirit Airlines, Inc. provides airline services. It serves 78 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2020, the company had a fleet of 157 Airbus single-aisle aircraft comprising 31 A319ceos, 64 A320ceos, 32 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 f... [Read more...]
|IPO Date |
May 26, 2011
|Stock Exchange |
|Ticker Symbol |
According to 14 analysts, the average rating for SAVE stock is "Hold." The 12-month stock price forecast is 40.25, which is an increase of 16.90% from the latest price.