Here's a Quick Look Into the Fundamentals of Spirit Airlines Stock

Spirit Airlines sank -5.8% today, compared to the S&P 500's day change of 1.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:

  • Spirit Airlines has moved -36.0% over the last year, and the S&P 500 logged a change of 8.0%

  • SAVE has an average analyst rating of hold and is -26.16% away from its mean target price of $18.75 per share

  • Its trailing earnings per share (EPS) is $-4.91

  • Spirit Airlines has a trailing 12 month Price to Earnings (P/E) ratio of -2.8 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $-1.09 and its forward P/E ratio is -12.7

  • The company has a Price to Book (P/B) ratio of 1.15 in contrast to the S&P 500's average ratio of 2.95

  • Spirit Airlines is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.33 and an average P/B of 3.12

  • The company has a free cash flow of $-146964496, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • 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. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.