When Will Spirit Airlines Inc (NYSE: SAVE) Be A Good Investment?

In the latest trading session, 1.44 million Spirit Airlines Inc (NYSE:SAVE) shares changed hands as the company’s beta touched 1.40. With the company’s most recent per share price at $3.44 changed hands at -$0.02 or -0.70% at last look, the market valuation stands at $376.21M. SAVE’s current price is a discount, trading about -436.05% off its 52-week high of $18.44. The share price had its 52-week low at $3.18, which suggests the last value was 7.56% up since then. When we look at Spirit Airlines Inc’s average trading volume, we note the 3-month average coming to 6.25 million.

Spirit Airlines Inc (NYSE:SAVE) trade information

Instantly SAVE was in red as seen in intraday trades today. With action -2.39%, the performance over the past five days has been red. The drop to weekly highs of 3.65 subtracted -0.70% to the stock’s daily price. The company’s shares are showing year-to-date downside of -78.45%, with the 5-day performance at -2.39% in the red. However, in the 30-day time frame, Spirit Airlines Inc (NYSE:SAVE) is -10.76% down.

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Spirit Airlines Inc (SAVE) estimates and forecasts

Data shows that the Spirit Airlines Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -76.40% over the past 6 months, a -18.24% in annual growth rate that is considerably lower than the industry average of -9.70%.

The 2024 estimates are for Spirit Airlines Inc earnings to decrease by -12.33%.

SAVE Dividends

Spirit Airlines Inc is expected to release its next quarterly earnings report in July. The 0.00% annual yield figure for the share gives it an annual dividend of 0.00. It is important to note, however, that the 0.00% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.