Spirit Airlines (SAVE) Jumps for the 2nd day: Stock Rises 10%

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We will take a look at EPS for Spirit Airlines Inc (SAVE) which is earnings per share (EPS) trailing twelve months. This is monetary value of earnings per outstanding share of common stock for a company, in this case SAVE share

Shares of SAVE are up for the 2nd day in a row, gaining more than 10% in value.

Here is the latest data for SAVE stock as of April 15,2020

  • Price/Earnings trailing 12 months———–2.62
  • Earnings Per Share trailing 12 months—–5.09
  • Most Recent Earnings————————1.24 on 02/05/20
  • Next Earnings Date————————–04/22/20

New Average Analyst Ratings for Spirit Airlines Inc (SAVE)

A price target is the envisioned future price point of an asset (usually stock) as explained by an investment analyst or a Wall street advisor. The price target is based on many assumptions such as tech levels, cash flow, recent news and supply and demand.  Price targets  change often when the market is volatileand during crisis, that is why you need to stay in the loop and any new information. 

Current Rating for NYSE:SAVE according to analysts
Moderate Buy
Based on 11 analysts offering recommendations.
5 Strong Buy1 Moderate Buy3 Hold1 Moderate Sell1 Strong Sell
 

How has NYSE:SAVE stock performed recently?

A stock’s performance is more than just a set of random numbers. We need to place those numbers in context to understand it properly. On the surface, it feels awesome to see that a stock you invested in has returned 30% Year to date when viewing the starting price versus the ending price, but you need to look a little deeper. Was the stock abnormally low on the first trading day? If so, it could throw the numbers off.

Here are the latest numbers for Spirit Airlines Inc (SAVE)

Previous Close13.32
Volume5,860,500
Avg Vol7,009,405
Stochastic %K45.41%
Weighted Alpha-71.80
5-Day Change+3.41 (+32.57%)
52-Week Range7.01 – 58.54
 
Looking at the numbers we are proceeding to Analysts target prices for SAVE per share

Analyst Target Prices

HIGH TARGET 58.00
 
MEAN TARGET 28.10
 
LOW TARGET 10.00
52 WK HIGH 58.54
 
52 WK LOW 7.01

Latest insight into the Spirit Airlines Inc (SAVE) stock fundamentals

The price-to-sales (P/S) ratio is best calculated by taking a company’s market capitalization  and simply divide it by the company’s total revenue over the trailing 12 months. This number shows how much the market values every dollar of the company’s sales. This ratio can be effective in valuing growth stocks that have yet to turn a profit or have suffered a temporary setback.

So, lets take a look at  the latest SAVE share values after most recent trading day on NYSE:

  • Market Capitalization, $K950,155
  • Shares Outstanding, K68,455
  • Annual Sales, $3,831 M
  • Annual Income, $335,260 K
  • 60-Month Beta1.31
  • Price/Sales0.24
  • Price/Cash Flow1.56
  • Price/Book0.40

The Price/Cash flow numbers that you can see in the table above(P/S) are a strong stock valuation indicator or multiple that measures the value of a stock’s price relative to its operating cash flow per share.