Spirit Airlines Inc (NYSE:SAVE)’s traded shares stood at 7.26 million during the last session, with the company’s beta value hitting 1.39. At the close of trading, the stock’s price was $3.40, to imply an increase of 2.41% or $0.08 in intraday trading. The SAVE share’s 52-week high remains $18.44, putting it -442.35% down since that peak but still an impressive 6.47% since price per share fell to its 52-week low of $3.18. The company has a valuation of $372.30M, with an average of 6.95 million shares over the past 3 months.

Spirit Airlines Inc (NYSE:SAVE) trade information

After registering a 2.41% upside in the last session, Spirit Airlines Inc (SAVE) has traded red over the past five days. The stock hit a weekly high of 3.86, jumping 2.41% in its intraday price action. The 5-day price performance for the stock is -1.16%, and -30.75% over 30 days. With these gigs, the year-to-date price performance is -78.67%.

Spirit Airlines Inc (SAVE) estimates and forecasts

Looking at statistics comparing Spirit Airlines Inc share performance against respective industry, we note that the company has outperformed competitors. Spirit Airlines Inc (SAVE) shares are -68.76% down over the last 6 months, with its year-to-date growth rate higher than industry average at 15.20% against -5.80%. Revenue is forecast to shrink -448.30% this quarter before jumping 59.10% for the next one. The rating firms project that company’s revenue will grow 2.50% compared to the previous financial year.

Revenue forecast for the current quarter as set by 9 analysts is $1.37 billion. Meanwhile, for the quarter ending Sep 2024, a total of 9 analyst(s) estimate revenue growth to $1.45 billion.Earnings reports from the last fiscal year show that sales brought in $1.47 billion and $1.26 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -7.10% before jumping 15.60% in the following quarter.

SAVE Dividends

Spirit Airlines Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Spirit Airlines Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.