Amendment: SEC Form SC 13G/A filed by Spirit Airlines Inc.
$SAVE
Air Freight/Delivery Services
Consumer Discretionary
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/17/2024 | $3.00 → $2.00 | Hold → Sell | TD Cowen |
| 7/8/2024 | $3.00 → $2.00 | Hold → Sell | Deutsche Bank |
| 7/5/2024 | Mkt Perform → Underperform | Raymond James | |
| 5/7/2024 | $4.00 → $3.00 | Hold | TD Cowen |
| 4/16/2024 | $5.00 → $4.00 | Hold | TD Cowen |
| 3/27/2024 | $4.00 | Underweight | Barclays |
| 1/22/2024 | $11.00 → $5.00 | Market Perform | TD Cowen |
| 1/18/2024 | $13.00 → $4.00 | Neutral → Sell | Citigroup |
4 - Spirit Airlines, Inc. (0001498710) (Issuer)
4 - Spirit Airlines, Inc. (0001498710) (Issuer)
3 - Spirit Airlines, Inc. (0001498710) (Issuer)
TD Cowen downgraded Spirit Airlines from Hold to Sell and set a new price target of $2.00 from $3.00 previously
Deutsche Bank downgraded Spirit Airlines from Hold to Sell and set a new price target of $2.00 from $3.00 previously
Raymond James downgraded Spirit Airlines from Mkt Perform to Underperform
8-K - Spirit Airlines, Inc. (0001498710) (Filer)
8-K - Spirit Airlines, Inc. (0001498710) (Filer)
8-K - Spirit Airlines, Inc. (0001498710) (Filer)
SC 13G/A - Spirit Airlines, Inc. (0001498710) (Subject)
SC 13G/A - Spirit Airlines, Inc. (0001498710) (Subject)
SC 13G - Spirit Airlines, Inc. (0001498710) (Subject)
Ended the Second Quarter 2024 with $1.14 Billion of Liquidity DANIA BEACH, Fla., Aug. 1, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today reported second quarter 2024 financial results. Second Quarter 2024 Financial Results (unaudited) As Reported Adjusted1 Total operating revenues $1,280.9 million $1,280.9 million Operating income (loss) $(152.5) million $(166.9) million Operating margin (11.9) % (13.0) % Net income (loss) $(192.9) million $(157.9) million Diluted earnings (loss) per share $(1.76) $(1.44) "Summer demand remains robust
Strategic and tactical changes benefiting unit revenue Expect cost saving initiatives to benefit 2024 by over $75 million; annualized run-rate savings estimated at over $100 million DANIA BEACH, Fla., May 6, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today reported first quarter 2024 financial results. First Quarter 2024 Financial Results Quarterly results were in line with expectations despite a 230 basis point1 headwind from deferred recognition in earnings of a significant portion of the credits from Pratt & Whitney related to aircra
MIRAMAR, Fla., Feb. 8, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today reported fourth quarter and full year 2023 financial results. Fourth Quarter 2023(unaudited) As Reported Adjusted1 Total operating revenues $1,321.8 million $1,321.8 million Operating income (loss) $(214.8) million $(163.3) million Operating margin (16.3) % (12.4) % Net income (loss) $(183.7) million $(148.7) million Diluted earnings (loss) per share $(1.68) $(1.36) "As we enter 2024, we are beginning to see benefits from the tactical and strategic changes we impleme
Spirit Airlines (NYSE:SAVE) has been analyzed by 10 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 2 4 4 Last 30D 0 0 0 0 1 1M Ago 0 0 0 3 2 2M Ago 0 0 0 0 0 3M Ago 0 0 2 1 1 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $2.75, along with a high estimate of $3.50 and a low estimate of $2.00. A 24.03% drop is eviden
Citigroup analyst Stephen Trent maintains Spirit Airlines (NYSE:SAVE) with a Sell and lowers the price target from $3.5 to $2.75.
Past comments from new vice-presidential candidate J.D. Vance calling to break-up Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) have resurfaced and could point to concerns for big technology companies. One market strategist isn't worried about the comments or concerns though. What Happened: The selection of Vance as Donald Trump's running mate could impact several sectors, especially the cryptocurrency industry, which appreciates his pro-crypto stance and Bitcoin holdings. A call to break up Google could be seen as a negative for big tech companies and could complicate the approval of mergers and acquisitions if Trump is re-elected. Freedom Capital Markets Chief Global Strategist Jay
DANIA BEACH, Fla., July 16, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) announced today that its Board of Directors has appointed Richard F. Wallman as its newest member, effective July 16, 2024. "We are very pleased that Richard Wallman has agreed to join our board," said H. McIntyre "Mac" Gardner, Spirit's Chairman of the Board. "Richard is a wise and respected business leader, with a deep background in financial management, corporate development, and diverse experience on public and private company boards. Richard will be a tremendous
Appoints Aviation Industry Veteran Fred Cromer as Chief Financial Officer Dana Shapir Alviene Appointed to SVP, Inflight and Airport Experience and Tomas Ranaldi Promoted to VP, Financial Planning & Analysis DANIA BEACH, Fla., July 1, 2024 /PRNewswire/ -- Spirit Airlines (NYSE:SAVE) today announced executive leadership updates including the appointment of Fred Cromer as Executive Vice President and Chief Financial Officer, effective July 8, 2024. Cromer will work closely with the Company's Interim CFO, Brian McMenamy, who will remain in a senior finance role with the Company to ensure a smooth transition.
Appoints Brian McMenamy as Interim Chief Financial Officer Current CFO Scott Haralson to Join Larger Publicly Traded Company Outside of Airline Industry as CFO DANIA BEACH, Fla., June 3, 2024 /PRNewswire/ -- Spirit Airlines (NYSE:SAVE) today announced that Brian McMenamy, Vice President and Controller, has been named as Interim Chief Financial Officer, effective June 14, 2024. McMenamy succeeds Scott Haralson, Executive Vice President and Chief Financial Officer, who is departing to become CFO of a larger, publicly traded company outside of the airline industry. Haralson will continue in his role through June 14, 2024 to ensure a smooth transition. Spirit will initiate a comprehensive sear
Ended the Second Quarter 2024 with $1.14 Billion of Liquidity DANIA BEACH, Fla., Aug. 1, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) today reported second quarter 2024 financial results. Second Quarter 2024 Financial Results (unaudited) As Reported Adjusted1 Total operating revenues $1,280.9 million $1,280.9 million Operating income (loss) $(152.5) million $(166.9) million Operating margin (11.9) % (13.0) % Net income (loss) $(192.9) million $(157.9) million Diluted earnings (loss) per share $(1.76) $(1.44) "Summer demand remains robust
DANIA BEACH, Fla., July 16, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE:SAVE) announced today that its Board of Directors has appointed Richard F. Wallman as its newest member, effective July 16, 2024. "We are very pleased that Richard Wallman has agreed to join our board," said H. McIntyre "Mac" Gardner, Spirit's Chairman of the Board. "Richard is a wise and respected business leader, with a deep background in financial management, corporate development, and diverse experience on public and private company boards. Richard will be a tremendous
Appoints Aviation Industry Veteran Fred Cromer as Chief Financial Officer Dana Shapir Alviene Appointed to SVP, Inflight and Airport Experience and Tomas Ranaldi Promoted to VP, Financial Planning & Analysis DANIA BEACH, Fla., July 1, 2024 /PRNewswire/ -- Spirit Airlines (NYSE:SAVE) today announced executive leadership updates including the appointment of Fred Cromer as Executive Vice President and Chief Financial Officer, effective July 8, 2024. Cromer will work closely with the Company's Interim CFO, Brian McMenamy, who will remain in a senior finance role with the Company to ensure a smooth transition.