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How to buy Spirit Airlines (SAVE) stocks
Learn how to easily invest in Spirit Airlines stocks.
Spirit Airlines is an airlines business based in the US. Spirit Airlines stocks (SAVE.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $14.8 – a decrease of 1.4% over the previous week. Spirit Airlines employs 12,025 staff and has a trailing 12-month revenue of around $5.5 billion.
How to buy Spirit Airlines stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – SAVE. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Spirit Airlines?
- Has coronavirus impacted Spirit Airlines shares?
- Spirit Airlines shares summary
- Compare share dealing platforms
- Is Spirit Airlines stock a buy or sell?
- Spirit Airlines performance over time
- Are Spirit Airlines shares over-valued?
- Spirit Airlines's financials
- How volatile are Spirit Airlines shares?
- Does Spirit Airlines pay a dividend?
- Other common questions
Spirit Airlines stock price (NYSE:SAVE)Use our graph to track the performance of SAVE stocks over time.
Spirit Airlines shares at a glance
|Latest market close||$14.80|
|52-week range||$14.41 - $24.96|
|50-day moving average||$16.62|
|200-day moving average||$19.58|
|Wall St. target price||$23.33|
|Dividend yield||$0 (0%)|
|Earnings per share (TTM)||$-4.25|
Buy Spirit Airlines stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is it a good time to buy Spirit Airlines stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Spirit Airlines price performance over time
Historical closes compared with the close of $14.8 from 2023-05-26
|1 week (2023-05-23)||-1.40%|
|1 month (2023-04-28)||-13.45%|
|3 months (2023-03-02)||-16.99%|
|6 months (2022-11-29)||-29.52%|
|1 year (2022-05-26)||N/A|
|2 years (2021-05-28)||-58.56%|
|3 years (2020-05-29)||14.29%|
|5 years (2018-05-30)||36.77|
Is Spirit Airlines stock undervalued or overvalued?
Valuing Spirit Airlines stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Spirit Airlines's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Spirit Airlines's PEG ratio
Spirit Airlines's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 20.44. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Spirit Airlines's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Spirit Airlines's EBITDA
Spirit Airlines's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $168.9 million.
The EBITDA is a measure of a Spirit Airlines's overall financial performance and is widely used to measure a its profitability.
Spirit Airlines financials
|Revenue TTM||$5.5 billion|
|Gross profit TTM||$973 million|
|Return on assets TTM||-0.27%|
|Return on equity TTM||-27.33%|
|Market capitalisation||$1.6 billion|
TTM: trailing 12 months
Spirit Airlines share dividends
We're not expecting Spirit Airlines to pay a dividend over the next 12 months.
Spirit Airlines share price volatility
Over the last 12 months, Spirit Airlines's shares have ranged in value from as little as $14.41 up to $24.9622. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Spirit Airlines's is 1.1165. This would suggest that Spirit Airlines's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Spirit Airlines overview
Spirit Airlines, Inc. provides airline services. The company provides front seats, including wider seats with extra legroom, carry-on and checked baggage, assigned seats, travel insurance, and onboard beverages and snacks, as well as hotels, cars, vacation packages, and cruises services. It serves 92 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2022, the company had a fleet of 194 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992.
Stocks similar to Spirit Airlines
Spirit Airlines in the news
Delta Is a Big Winner After American and JetBlue Partnership Blocked
JetBlue Announces Record and Payment Dates for May 2023 Additional Prepayment to Spirit Stockholders
Low-cost airline takes top spot for best first- and business-class experience in new report: Here’s how U.S. carriers fared in the ranking
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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