Spirit Airlines (NASDAQ:SAVE)

CAPS Rating: 3 out of 5

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Member Avatar storyboy34 (70.00) Submitted: 7/14/2015 9:17:17 PM : Outperform Start Price: $58.01 SAVE Score: -2.38

Spirit is changing the way people understand cost of airline prices. They have straight forward unbundled fares with strong operating leverage and revenue drivers from non ticket revenue,the highest in the industry.

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Member Avatar jobronze (52.38) Submitted: 6/28/2015 3:36:07 PM : Outperform Start Price: $61.63 SAVE Score: -8.82

These airlines are way too beat up. Capacity is on the rise, but this is a profitable industry and SAVE is one of the few with strong growth ahead.

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Member Avatar gopyerk (94.12) Submitted: 6/1/2015 11:45:18 AM : Outperform Start Price: $63.33 SAVE Score: -9.65

Price target of mid 90's. Nice PEG, raised to buy at Sidoti

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Member Avatar Haugurafpeningum (27.23) Submitted: 5/6/2015 3:52:59 PM : Outperform Start Price: $66.78 SAVE Score: -15.23

AS

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Member Avatar WilliamCrook2003 (70.47) Submitted: 4/23/2015 6:27:02 PM : Outperform Start Price: $77.25 SAVE Score: -24.12

MF Stock Picker

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Member Avatar bartlettmi (79.65) Submitted: 3/5/2015 7:40:19 PM : Outperform Start Price: $76.01 SAVE Score: -24.00

I want to own every airline possible. Supply discipline will make these all work over the next several years. Lower fuel prices the whipped cream on top.

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Member Avatar Merclyuan2003 (< 20) Submitted: 11/5/2014 8:53:12 AM : Outperform Start Price: $77.85 SAVE Score: -28.73

1) great macro trends: lower fuel price + economy recovery even it is slow. 2) airline the lowest cost operator + no debt + high growth.( consistently beats forecast since IPO) 3) low P/E relative to reason above.

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Member Avatar VELOCE100 (38.80) Submitted: 8/15/2014 3:35:08 PM : Outperform Start Price: $69.11 SAVE Score: -23.69

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

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Member Avatar orrmy (45.60) Submitted: 5/15/2014 6:50:03 AM : Underperform Start Price: $55.68 SAVE Score: +9.33

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 McRCN (52.85) Submitted: 2/14/2014 11:57:05 PM : Outperform Start Price: $47.72 SAVE Score: +3.64

fyling high

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Member Avatar lepera347 (77.39) Submitted: 1/9/2014 11:20:55 AM : Outperform Start Price: $47.54 SAVE Score: +3.38

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: +6.24

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: +6.58

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 (73.07) Submitted: 8/1/2013 12:49:10 PM : Outperform Start Price: $33.35 SAVE Score: +41.72

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 (83.91) Submitted: 7/30/2013 4:07:33 PM : Outperform Start Price: $35.43 SAVE Score: +31.22

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: +173.12

Magic Formula 11-29-12

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Member Avatar ddelony (76.07) Submitted: 8/24/2012 2:52:57 PM : Outperform Start Price: $19.07 SAVE Score: +134.40

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: +88.84

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: +257.54

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 (26.13) Submitted: 5/27/2011 3:22:01 PM : Outperform Start Price: $11.48 SAVE Score: +305.10

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 - 20 of 20

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