Spirit Airlines Stock Price and Value Analysis

Should you buy Spirit Airlines stock? (NYSE:SAVE). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
  • This company is solid.
  • This stock looks overpriced.
  • This company has wild ups and downs.
  • This company is not making money.
  • This company pays no dividend.

Inside the SAVE Numbers

SAVE Price
(Spirit Airlines stock price per share)
$34.35
[?] PE Ratio versus Sector 63% lower than other Industrial Goods stocks
[?] PE Ratio versus Industry 1% lower than other Airlines stocks
[?] Cash Yield 2.07%
[?] Free Cash Flow Jitter 675%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 9,696,192 shares shorted. With 97,457,261 shares available for purchase and an average trading volume over the past 10 trading days of 2,634,225, it would take at least 3.681 days for all of the short holders to cover their shorts.

Is Spirit Airlines Stock on Sale?

Based on our analysis, we believe that you should not buy Spirit Airlines right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy SAVE Stock?

Does Spirit Airlines have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.