Spirit Airlines, Inc. (SAVE) Stock Analysis
$SAVE · Industrials · Airlines, Airports & Air Services
Spirit Airlines (SAVE), a Airlines, Airports & Air Services company, has a market capitalization of about $118.3M.
Price
$1.08
Market cap
$118.3M
Dividend yield
27.78%
About Spirit Airlines, Inc.
Spirit Airlines, Inc. provides airline services. It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2021, the company had a fleet of 173 Airbus single-aisle aircraft. It sells tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.
How StockWorthy values SAVE
StockWorthy forecasts Spirit Airlines, Inc.'s revenue, operating profitability, reinvestment (capital expenditure, depreciation and working capital) and unlevered free cash flow, then discounts those cash flows using a normalized cost of capital built from SAVE's size, profitability and balance-sheet risk. Terminal growth is adjusted to reflect the company's mature growth profile rather than a fixed number. The model presents bear, base and bull scenarios, and every key assumption stays transparent and adjustable in the full StockWorthy analysis. Results are educational and not investment advice.
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