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Spirit Airlines (GB:0L8U)
LSE:0L8U
Spirit Airlines (0L8U) Share Price & Analysis
5 Followers
0L8U Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.70 - $18.39
Previous Close$3.77
Volume22.87K
Average Volume (3M)53.96K
Market Cap
$414.92M
Enterprise Value$6.44B
Total Cash (Recent Filing)$865.21M
Total Debt (Recent Filing)$6.89B
Price to Earnings (P/E)N/A
Beta1.27
Next Earnings
May 06, 2024EPS Estimate
-$1.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding109,477,999
10 Day Avg. Volume2,171
30 Day Avg. Volume53,961
Standard Deviation0.17
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.37
Price to Sales (P/S)0.55
Price to Cash Flow (P/CF)-0.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.21
Enterprise Value/Gross Profit7.07
Enterprise Value/Ebitda-228.99
Forecast
1Y Price Target
$4.81Price Target Upside35.95% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering7
Spirit Airlines News
PremiumPre-Earnings
Is SAVE a Buy, Before Earnings?
PremiumCompany Announcements
Spirit Airlines Announces Board Member Departure and Downsizing
Bulls Say, Bears Say
Bulls Say
Financial ResilienceSpirit Airlines' recent actions, including aircraft deferrals and compensation for GTF-related aircraft groundings, could help the carrier to avoid near-term, worst-case financial scenarios.
Operational EfficiencyManagement cited lower airport expenses and better fuel efficiency as part of the driver to a softer, expected operational loss.
Positive Market OutlookImproving unit revenue growth and strong bookings for peak holiday travel signal robust demand for Spirit Airlines.
Bears Say
Financial LeverageWith mounting financial leverage and ongoing operating losses, limited equity potential in Spirit Airline’s shares is seen.
Operational ChallengesContinued challenges from GTF related aircraft groundings and a relatively overstaffed workforce represent headwinds to near-term margin and earnings performance.
Refinancing RiskThe company is facing the refinancing of $1.1bn in senior notes secured with the airline’s loyalty program and has engaged restructuring advisors.
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.15% Other Institutional Investors
99.85% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Spirit Airlines
Desktop Users
Mobile Users
0L8U FAQ
What was Spirit Airlines’s price range in the past 12 months?
Spirit Airlines lowest share price was $3.70 and its highest was $18.39 in the past 12 months.
What is Spirit Airlines’s market cap?
Currently, no data Available
When is Spirit Airlines’s upcoming earnings report date?
Spirit Airlines’s upcoming earnings report date is May 06, 2024 which is in 10 days.
How were Spirit Airlines’s earnings last quarter?
Spirit Airlines released its earnings results on Feb 08, 2024. The company reported -$1.36 earnings per share for the quarter, beating the consensus estimate of -$1.419 by $0.059.
Is Spirit Airlines overvalued?
According to Wall Street analysts Spirit Airlines’s price is currently Undervalued.
Does Spirit Airlines pay dividends?
Spirit Airlines does not currently pay dividends.
What is Spirit Airlines’s EPS estimate?
Spirit Airlines’s EPS estimate is -$1.44.
How many shares outstanding does Spirit Airlines have?
Currently, no data Available
What happened to Spirit Airlines’s price movement after its last earnings report?
Spirit Airlines reported an EPS of -$1.36 in its last earnings report, beating expectations of -$1.419. Following the earnings report the stock price went up 0.756%.
Which hedge fund is a major shareholder of Spirit Airlines?
Among the largest hedge funds holding Spirit Airlines’s share is Cyrus Capital Partners, L.P.. It holds Spirit Airlines’s shares valued at 11M.
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Spirit Airlines Stock Smart Score
Underperform
1
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10
Analyst Consensus
Moderate Sell
Average Price Target:
$4.81 (35.95% Upside)
$4.81 (35.95% Upside)
Blogger Sentiment
Bullish
GB:0L8U Sentiment 92%
Sector Average 68%
Sector Average 68%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-77.48%
12-Months-Change
Fundamentals
Return on Equity
-33.07%
Trailing 12-Months
Asset Growth
5.42%
Trailing 12-Months
Company Description
Spirit Airlines
Spirit Airlines, Inc. is an airline that offers travel to price-conscious customers. The company's customers start with an unbundled base fares that remove components included in the price of an airline ticket. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.
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0L8U Earnings Call
Q4 2024
0:00 / 0:00
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0L8U Revenue Breakdown
87.20% Domestic
12.80% Latin America and Caribbean
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0L8U Stock 12 Months Forecast
Average Price Target
$4.81
▲(35.95% Upside)
Technical Analysis
Spirit Airlines
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Allegiant Travel Company
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JetBlue Airways
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Southwest Airlines
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United Airlines Holdings
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Best Analysts Covering 0L8U
1 Year
1 Year Success Rate
8/10 ratings generated profit
1 Year Average Return
+13.09%
reiterated a sell rating 3 months ago
Copying Andrew Didora's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +13.09% per trade.
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