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.
News
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Spirit Airlines reportedly in talks over potential bankruptcy-filing terms
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Spirit Airlines Unveils its First-Ever PiNK Uniform Collection in Honor of Breast Cancer Awareness Month
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Spirit Airlines Celebrates Launch of Newly Transformed Guest Experience with 'More Fly' Giveaway
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Say 'Yellow' to Spirit Airlines' New Travel Options and Reimagined Look
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Spirit Airlines' stock falls after disappointing earnings, plans to cut jobs
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Spirit Airlines Reports Second Quarter 2024 Results
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Go Big or Go Comfy: Spirit Airlines to Offer Unmatched Value with New Travel Options and Transformed Guest Experience
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Spirit Airlines lowers revenue estimates as it faces more competition, capacity challenges
Trading Information
- Previous Close Price
- $2.24
- Day Range
- $1.40–1.79
- 52-Week Range
- $1.40–17.49
- Bid/Ask
- $1.64 / $1.69
- Market Cap
- $185.09 Mil
- Volume/Avg
- 36.9 Mil / 5.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 0.04
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- 0.87%
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 Value
- Total Number of Employees
- 13,167
- Website
- https://www.spirit.com
Comparables
Valuation
|
Metric
|
SAVE
|
SNCY
|
600004
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 10.27 | 37.61 |
Price/Book Value | 0.23 | 0.97 | 1.39 |
Price/Sales | 0.04 | 0.53 | 3.61 |
Price/Cash Flow | — | 3.34 | 9.95 |
Price/Earnings
SAVE
SNCY
600004
Financial Strength
|
Metric
|
SAVE
|
SNCY
|
600004
|
|---|---|---|---|
Quick Ratio | 0.70 | 0.49 | 0.80 |
Current Ratio | 0.94 | 0.58 | 0.85 |
Interest Coverage | −4.73 | 2.30 | 6.78 |
Quick Ratio
SAVE
SNCY
600004
Profitability
|
Metric
|
SAVE
|
SNCY
|
600004
|
|---|---|---|---|
Return on Assets (Normalized) | −6.62% | 3.38% | 2.52% |
Return on Equity (Normalized) | −54.57% | 10.29% | 3.80% |
Return on Invested Capital (Normalized) | −6.78% | 6.57% | 3.73% |
Return on Assets
SAVE
SNCY
600004
Airlines Industry Comparables
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1-Day Chart
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United States