Spirit Airlines, Inc. [NYSE: SAVE] stock went down by -8.71% or -3.58 points down from its previous closing price of $41.10. The stock reached $37.52 during the last trading session. During the course of the last 5 trading session in the week, SAVE share price went up during 2 out of 5 days, that way losing -14.18% in the period of the last 7 days.
SAVE had two major price movements with the latest trading session as the price jumped to a high of $41.19, at one point touching $40.39. The latest high is set lower that the high price recorded in the period of the last 52 weeks, set at $41.19. The 52-week high currently stands at $61.59 distance from the present share price, noting recovery -31.02% after the recent low of $32.97.
Spirit Airlines, Inc. [NYSE:SAVE]: Analyst Rating and Earnings
Its stock price has been found in the range of 32.97 to 61.59. This is compared to its latest closing price of $41.10.
Keep looking out for the next-scheduled quarterly financial results that this company is expected to put out, which is slated to occur on 04/23/2020.
Fundamental Analysis of Spirit Airlines, Inc. [SAVE]
Now let’s turn to look at profitability: with a current Operating Margin for Spirit Airlines, Inc. [SAVE] sitting at +13.55 and its Gross Margin at +17.57, this company’s Net Margin is now 8.80%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is 10.45, and its Return on Invested Capital has reached 8.90%. Its Return on Equity is 16.00, and its Return on Assets is 5.25. These metrics all suggest that Spirit Airlines, Inc. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, Spirit Airlines, Inc. [SAVE] has generated a Total Debt to Total Equity ratio of 157.34. Similarly, its Total Debt to Total Capital is 61.14, while its Total Debt to Total Assets stands at 48.08. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 5.12, and its Long-Term Debt to Total Capital is 140.56.
What about valuation? This company’s Enterprise Value to EBITDA is 7.36 and its Total Debt to EBITDA Value is 2.98. The Enterprise Value to Sales for this firm is now 1.43, and its Total Debt to Enterprise Value stands at 0.68. Spirit Airlines, Inc. [SAVE] has a Price to Book Ratio of 1.22, a Price to Cash Flow Ratio of 6.94 and P/E Ratio of 7.67. These metrics all suggest that Spirit Airlines, Inc. is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Spirit Airlines, Inc. [SAVE] earns $428,567 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 53.77 and its Total Asset Turnover is 0.60. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.25 and its Current Ratio is 1.25. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
Spirit Airlines, Inc. [SAVE] has 68.71M shares outstanding, amounting to a total market cap of $2.82B. Its stock price has been found in the range of 32.97 to 61.59. At its current price, it has moved down by -39.08% from its 52-week high, and it has moved up 13.80% from its 52-week low.
This stock’s Beta value is currently 0.34, which indicates that it is 2.91% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 31.87. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Spirit Airlines, Inc. [SAVE] a Reliable Buy?
Shares of Spirit Airlines, Inc. [SAVE], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.