Worth Watching Stock Spirit Airlines, Inc. (SAVE)

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Spirit Airlines, Inc. (SAVE) will report its next earnings on Oct 26 BMO. The company reported the earnings of $0.94/Share in the last quarter where the estimated EPS by analysts was $0.9/share. The difference between the expected and actual EPS was $0.04/share, which represents an Earnings surprise of 4.4%.

Many analysts are providing their Estimated Earnings analysis for Spirit Airlines, Inc. and for the current quarter 14 analysts have projected that the stock could give an Average Earnings estimate of $0.49/share. These analysts have also projected a Low Estimate of $0.46/share and a High Estimate of $0.52/share.

In case of Revenue Estimates, 8 analysts have provided their consensus Average Revenue Estimates for Spirit Airlines, Inc. as 646.05 Million. According to these analysts, the Low Revenue Estimate for Spirit Airlines, Inc. is 644.6 Million and the High Revenue Estimate is 649 Million. The company had Year Ago Sales of 578.35 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for SAVE to be -36.4%. They are projecting Next Quarter growth of -19.6%. For the next 5 years, Spirit Airlines, Inc. is expecting Growth of 0.4% per annum, whereas in the past 5 years the growth was 16.88% per annum.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Analysts reported that the Price Target for Spirit Airlines, Inc. might touch $50 high while the Average Price Target and Low price Target is $41.14 and $33 respectively.

The Relative Volume of the company is 1.58 and Average Volume (3 months) is 1.81 million. The company’s P/E (price to earnings) ratio is 13.55 and Forward P/E ratio of 13.1.

The company shows its Return on Assets (ROA) value of 6.2%. The Return on Equity (ROE) value stands at 14.8%. While it’s Return on Investment (ROI) value is 12.2%.

While looking at the Stock’s Performance, Spirit Airlines, Inc. currently shows a Weekly Performance of 13.38%, where Monthly Performance is 14.94%, Quarterly performance is 25.2%, 6 Months performance is -23.64% and yearly performance percentage is -23.33%. Year to Date performance value (YTD perf) value is -26.32%. The Stock currently has a Weekly Volatility of 3.73% and Monthly Volatility of 3.57%.