Zacks Rating on Spirit Airlines (SAVE)

Spirit Airlines (SAVE) : 6 brokerage houses believe that Spirit Airlines (SAVE) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Spirit Airlines (SAVE). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 7 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.29.

Spirit Airlines (SAVE) : The most positive equity analysts on Spirit Airlines (SAVE) expects the shares to touch $64, whereas, the least positive believes that the stock will trade at $47 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $55 with an expected fluctuation of $5.01 from the mean.


Spirit Airlines, Inc. has lost 0.13% in the last five trading days and dropped 7.06% in the last 4 weeks. Spirit Airlines, Inc. has dropped 6.43% during the last 3-month period . Year-to-Date the stock performance stands at 0.13%. Spirit Airlines (NASDAQ:SAVE): stock turned positive on Tuesday. Though the stock opened at $39.9, the bulls momentum made the stock top out at $40.5 level for the day. The stock recorded a low of $39.78 and closed the trading day at $39.9, in the green by 0.25%. The total traded volume for the day was 785,096. The stock had closed at $39.8 in the previous days trading.

Spirit Airlines, Inc. is an airline company. The Companys all-Airbus fleet operates more than 300 daily flights to 56 destinations in the United States, Caribbean and Latin America. Its ultra-low-cost carrier (ULCC) business model provides low base fares with a range of optional services. The Companys route network includes approximately 151 markets served by 56 airports throughout North America, Central America, South America and the Caribbean. The Company operates international services to Aruba, the Bahamas, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Peru and St. Maarten, as well as Puerto Rico and the United States Virgin Islands.

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