Spirit Airlines (NASDAQ:SAVE)

CAPS Rating: 3 out of 5

Results 1 - 19 of 19

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Member Avatar RugbyViking13 (86.16) Submitted: 9/27/2014 6:30:36 PM : Outperform Start Price: $71.00 SAVE Score: -4.94

the new southwest

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Member Avatar VELOCE100 (45.97) Submitted: 8/15/2014 3:35:08 PM : Outperform Start Price: $69.11 SAVE Score: -2.64

Corporate headquarters has no receptionist and the CEO vacuums his own office.

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Member Avatar MoonPie (< 20) Submitted: 6/6/2014 1:55:52 PM : Outperform Start Price: $57.33 SAVE Score: +14.83

While I hate this company's pricing strategy, apparently many passengers do not. With Southwest having moved from discount to mainstream price levels, there may be market opportunity.

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Member Avatar orrmy (39.54) Submitted: 5/15/2014 6:50:03 AM : Underperform Start Price: $55.68 SAVE Score: -17.00

Overvalued unless they can keep up their growth rates for still some years, and I don't think they can. Cheap airlines that charge extra for every little service aren't exactly a new trick anymore, so it won't be getting easier to deceive the passengers and to keep up with the growing competition that tries to pull off the same stunt.

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Member Avatar Slice0226 (34.56) Submitted: 5/5/2014 11:01:19 AM : Outperform Start Price: $58.56 SAVE Score: +10.72

Upgrades for pretty much the whole Airline Industry! Have you seen the airports lately

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Member Avatar JPMaysMustang (53.69) Submitted: 4/30/2014 11:25:14 PM : Underperform Start Price: $56.90 SAVE Score: -14.18

Spirit may be great at managing costs and keeping margins inflated, but the public perception of the company will catch up with it. Just type "Spirit Airlines is..." into google and look at all the fun adjectives used. If I were to invest in the company one important aspect for me is the product. Spirit may offer deep discount travel but the product that customers receive is very apparently poor. I save my money to invest in companies with the best management, deepest moats and highest quality products, and it seems spirit is only good at slashing services and costs, not the makings of a long term winner in my opinion.

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Member Avatar McRCN (39.10) Submitted: 2/14/2014 11:57:05 PM : Outperform Start Price: $47.72 SAVE Score: +34.51

fyling high

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Member Avatar CellBlock9 (88.88) Submitted: 2/8/2014 3:57:05 PM : Outperform Start Price: $46.93 SAVE Score: +34.23

S&P 5 star,46.00

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Member Avatar lepera347 (81.74) Submitted: 1/9/2014 11:20:55 AM : Outperform Start Price: $47.54 SAVE Score: +34.36

Cheap prices alongside good service in a rebounding industry

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Member Avatar wallacm8 (< 20) Submitted: 1/8/2014 11:07:31 AM : Outperform Start Price: $44.95 SAVE Score: +39.03

A low cost Airline Carrier that is seeming to prove everyone wrong. They continue to expand steadily & give the customer what they want. Choices to pay the ultimate low cost if desired. If they expand their Fleet and add more direct flights to major hubs, watch out. This is a booming industry to be in right now.

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Member Avatar rittberry (< 20) Submitted: 1/6/2014 3:12:51 PM : Outperform Start Price: $46.13 SAVE Score: +38.54

The mania will continue in q1, and q2...2H so mucho bueno.it will be seen that the economy is not as strong as we felt..the mkt. Will correct to a beta neutral no., will become a stock puckers mkt... Love it..

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Member Avatar TMFGemHunter (55.16) Submitted: 8/1/2013 12:49:10 PM : Outperform Start Price: $33.35 SAVE Score: +86.26

Spirit has the lowest cost structure in the industry, and its upgauging initiatives will only increase its lead over competitors. There is plenty of demand in the U.S. for cheap flights, and Spirit is poised to benefit from that untapped demand.

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Member Avatar getrichdietrying (82.57) Submitted: 7/30/2013 4:07:33 PM : Outperform Start Price: $35.43 SAVE Score: +73.06

An airline company that keeps raising revenue every quater. This is a company that is flying high and going even higher.

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Member Avatar kulls81 (< 20) Submitted: 11/29/2012 1:09:15 PM : Outperform Start Price: $16.71 SAVE Score: +262.94

Magic Formula 11-29-12

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Member Avatar RafesUserName (77.48) Submitted: 10/10/2012 3:23:40 AM : Underperform Start Price: $17.50 SAVE Score: -247.03

Company stay,wants don't match customer experience. Slammed in social media and ratings. Horrible customer service, delays and worse. They may protect their margins right in to brand oblivion.

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Member Avatar ddelony (67.61) Submitted: 8/24/2012 2:52:57 PM : Outperform Start Price: $19.07 SAVE Score: +212.93

This is a low-cost carrier with rock-bottom fares and solid financials. Though the fees are unpopular, they bring in a lot of revenue.

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Member Avatar sharkflyt (< 20) Submitted: 5/10/2012 2:06:08 PM : Outperform Start Price: $22.44 SAVE Score: +155.31

Spirit Airlines has a business model that works because it allows customers the option to choose a fare tailored to them. People will always complain about paying for everything but my advice to them is get used to it. Many people have been out of work for so long that it is time that people pay and do their fair share in bringing them back to work. Ticket prices today are down 800% from 1990 so if people complain about bag fees they should rethink whether they want to pay $120 or $1200 more for the ticket. I feel good about Spirit and Allegiant Airlines. The airlines which may suffer great financial losses are Southwest and Delta. Both those airlines have too high of cost due to merger expense and contracts which are costly at a time when fuel prices are at an all time high.

American airlines and United have struggling times ahead. Regional airlines like Pinnacle, Comair, ASA,Skywest and Republic will phase out and will force legacy carriers to cut that type of equipment out of the plan. I called Pinnacle's bankruptcy over 2 years ago before a new CEO Sean Menke was installed. It was clear to me that this meant all regional's were at the beginning of extinction. It just started with one regional and will catch up to all of them.

I only hope that those pilots and flight attendants see this opportunity to find a home at a legacy carrier soon. Now is the time to make a change in the industry and strike while the iron is hot.

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Member Avatar shlomofingerer (< 20) Submitted: 8/7/2011 9:55:27 PM : Outperform Start Price: $12.22 SAVE Score: +380.57

they are absolutely focused on having the lowest costs, to the point that it became a religion. There is no way you can outcompete them.

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Member Avatar alexreising (40.01) Submitted: 5/27/2011 3:22:01 PM : Outperform Start Price: $11.48 SAVE Score: +436.38

Based on expected forward earnings of $40m, with only 15.6m shares issued at a current per share price of about 11.50, SAVE has a forward P/E X of around 4.5. Competitors in the bargain space such as LUV and JBLU are trading at multiples 4-5 times higher.

Now, the theory that SAVE is going to be undervalued all goes out the window if they have a secondary offering and dilute the earnings over more shares.

Results 1 - 19 of 19

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