SAVE Company Profile and Key Details

SAVE has shown weak momentum, losing -88.55% over the past week and -94.49% over the past quarter, though year-to-date performance is down -99.08%. Short-term trend indicators are mixed aligned (SMA20 -53.41%, SMA50 -50.52%, SMA200 -68.66%). The stock’s 14-day RSI is 35.31 (weak momentum), while the ATR of 0.4 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -93.29% below its high and over 7.81% above its low.

The latest quarter delivered EPS of -$1.37. The next quarter is forecast at $nan. Next year's EPS is expected at $8.79. Spirit Airlines, Inc. earnings surprise history is frequent misses against expectations. The quarter that ended November 21, 2024, missed forecasts by -39.65%. The prior quarter beat by 10.77%. Over the last six quarters, Apple has recorded several small beats. These include -107.55% in February 05, 2024.

Spirit Airlines, Inc. last paid a dividend of 0.3 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $34.44. This means the shares are trading below this model’s fair value.

Spirit Airlines, Inc. has 109.52 million shares outstanding. The public float is 108.73 million shares, elevated short interest at 34.49% of float. This equals 37.50 million shares. The short ratio is 1.98 days. Institutional investors hold 44.56% of the float. Insiders own 0.86%. BALDANZA B BEN holds 178.16 thousand shares, Christie Edward M III has 166.77 thousand shares and Canfield Thomas C has 75.15 thousand shares.

The stock is currently trading near its 52-week high $1.08 and $1.08. With a market capitalization of about $118.28 million, Spirit Airlines, Inc. is classified as a micro-cap and shows higher-than-market volatility (beta ~1.37). Headquartered in Miramar, FL, Spirit Airlines, Inc. operates in the Industrials sector and the Airlines, Airports & Air Services industry. Led by CEO Edward M. Christie III, the company employs approximately 13,167 people and listed since May 26, 2011. Spirit Airlines, Inc. provides airline services.

Spirit Airlines, Inc. trades at a P/E ratio of -0.1, slightly below the S&P 500 average, with a price-to-sales ratio of 0.04 and a price-to-book ratio of 0.72 suggesting the stock is closer to book value. The P/FCF stands at -0.18, also below market averages.

Our AI price prediction model suggests that Spirit Airlines, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -100.0%, with price expected at $0.00 by December 27, 2024, within a range of $0.00 to $0.27 3-Month Outlook: Projected rise of 62.91%, reaching $1.12 by February 18, 2025, with a range of $0.80 to $1.38. 1-Year Outlook: Projected loss of -15.64%, with price at $0.58 by November 21, 2025, within a range of $0.00 to $0.57.

Spirit Airlines, Inc. (NYSE:SAVE) shares are down -99.08% year-to-date currently trading near 52-week highs band. Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Spirit Airlines, Inc. trading at a premium to the broader market with a P/E of -0.1. Analyst sentiment is cautious, with the majority of ratings in Negative territory and a mean price target of $21.37, suggesting 3008.36% upside. Our AI forecast model points to short-term weakness (-100.0% over two weeks), a medium-term rise (62.91% over three months), and a longer-term loss (-15.64% over one year), with expected trading ranges indicating moderate volatility.