Spirit Airlines Analysis

SAVEDelisted Stock  USD 0.15  0.11  42.31%   
Spirit Airlines is overvalued with Real Value of 0.14 and Hype Value of 0.13. The main objective of Spirit Airlines delisted stock analysis is to determine its intrinsic value, which is an estimate of what Spirit Airlines is worth, separate from its market price. There are two main types of Spirit Airlines' stock analysis: fundamental analysis and technical analysis.
The Spirit Airlines stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Spirit Airlines' ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Spirit Stock Analysis Notes

About 44.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.02. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Spirit Airlines recorded a loss per share of 6.2. The entity last dividend was issued on the 22nd of February 2024. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida. Spirit Airlines operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 9823 people. To find out more about Spirit Airlines contact Edward III at 954 447 7920 or learn more at https://www.spirit.com.

Spirit Airlines Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more delisted stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Spirit Airlines' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Spirit Airlines or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Spirit Airlines is not yet fully synchronised with the market data
Spirit Airlines generated a negative expected return over the last 90 days
Spirit Airlines has high historical volatility and very poor performance
Spirit Airlines has some characteristics of a very speculative penny stock
Spirit Airlines has a very high chance of going through financial distress in the upcoming years
Spirit Airlines currently holds 6.93 B in liabilities with Debt to Equity (D/E) ratio of 2.88, implying the company greatly relies on financing operations through barrowing. Spirit Airlines has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Spirit Airlines' use of debt, we should always consider it together with its cash and equity.
The entity reported the previous year's revenue of 5.36 B. Net Loss for the year was (447.46 M) with profit before overhead, payroll, taxes, and interest of 973.03 M.
Spirit Airlines currently holds about 1.06 B in cash with (246.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.73, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from finance.yahoo.com: Airbus CEO says Spirit Aero talks going well but industrial challenges lie ahead

Spirit Airlines Upcoming and Recent Events

7th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
7th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Spirit Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 118.28 M.

Spirit Profitablity

The company has Profit Margin (PM) of (0.13) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.13) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.13.

Spirit Airlines Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Spirit Airlines insiders, such as employees or executives, is commonly permitted as long as it does not rely on Spirit Airlines' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Spirit Airlines insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Spirit Airlines Outstanding Bonds

Spirit Airlines issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Spirit Airlines uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Spirit bonds can be classified according to their maturity, which is the date when Spirit Airlines has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Spirit Airlines Predictive Daily Indicators

Spirit Airlines intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Spirit Airlines stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

About Spirit Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Spirit Airlines prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Spirit shares will generate the highest return on investment. We also built our delisted stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Delisted Stock such as Spirit Airlines. By using and applying Spirit Stock analysis, traders can create a robust methodology for identifying Spirit entry and exit points for their positions.
It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida. Spirit Airlines operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 9823 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Spirit Airlines to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Competition Analyzer Now

   

Competition Analyzer

Analyze and compare many basic indicators for a group of related or unrelated entities
All  Next Launch Module
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Other Consideration for investing in Spirit Stock

If you are still planning to invest in Spirit Airlines check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Spirit Airlines' history and understand the potential risks before investing.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios