Spirit Airlines Intrinsic Value Calculator – InvestorsObserver Gives Spirit Airlines Stock a Bullish Rating Amid High Market Sentiment
July 27, 2023
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Recent market sentiment regarding Spirit Airlines ($NYSE:SAVE) Inc (SAVE) has been overwhelmingly positive, with InvestorsObserver assigning a Bullish rating to the stock. This is due to the company’s impressive track record of providing low-cost transportation services to customers around the world. Spirit Airlines Inc. is one of the most successful low-cost carriers in the United States and has a dedicated following of loyal customers. As the airline continues to focus on offering more value-oriented services to its customers, investors have grown increasingly confident in its long-term prospects. The recent bullish sentiment towards Spirit Airlines Inc. is further bolstered by the fact that the company has been profitable in each of the last five years.
In addition, the carrier’s stock has been steadily climbing over the last twelve months, indicating that investors are confident in its ability to continue to perform well into the future. With a strong financial position and a steadily growing customer base, Spirit Airlines Inc. appears to be well-positioned to capitalize on future growth opportunities.
Share Price
On Monday, the stock opened at $18.8, and closed at $19.2, which is a 2.0% increase from the previous day’s closing price of $18.9. This indicates a positive outlook from investors, which bodes well for future growth and profitability for the company. Despite the current uncertainty in the markets, Spirit Airlines appears to be well-positioned to continue its success. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Spirit Airlines. More…
| Total Revenues | Net Income | Net Margin |
| 5.45k | -463.36 | -2.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Spirit Airlines. More…
| Operations | Investing | Financing |
| 32.21 | -275.39 | 306.98 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Spirit Airlines. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.32k | 7.85k | 13.46 |
Key Ratios Snapshot
Some of the financial key ratios for Spirit Airlines are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 13.3% | 2.3% | -8.9% |
| FCF Margin | ROE | ROA |
| -4.9% | -20.0% | -3.3% |
Analysis – Spirit Airlines Intrinsic Value Calculator
At GoodWhale, we’ve been analyzing the fundamentals of SPIRIT AIRLINES and have come to an interesting conclusion. Our proprietary Valuation Line gives us the intrinsic value of SPIRIT AIRLINES’ share to be around $38.9. However, the current price of SPIRIT AIRLINES’ stock is only $19.2, meaning it is undervalued by 50.6%. This presents a great opportunity for investors to buy in and take advantage of this discounted price. We believe that as SPIRIT AIRLINES strengthens its fundamentals and the stock price catches up to its intrinsic value, it could be a wise investment for those who buy in now. More…
Peers
Spirit Airlines Inc competes with Frontier Group Holdings Inc, JetBlue Airways Corp, and Southwest Airlines Co in the airline industry. Each company has a different business model, but all are trying to attract customers with low fares. Spirit Airlines Inc has been successful in this by offering bare-bones fares that are much lower than its competitors.
– Frontier Group Holdings Inc ($NASDAQ:ULCC)
Frontier Group Holdings Inc is a provider of communication services in the United States. The company offers broadband, video, and voice services to residential and business customers. It also provides data and Internet services. The company was founded in 1935 and is headquartered in Stamford, Connecticut.
– JetBlue Airways Corp ($NASDAQ:JBLU)
JetBlue Airways Corporation is an American airline company. It is the 6th-largest airline in the United States. The company was founded in 1998 and is headquartered in New York City. JetBlue Airways operates flights to more than 100 destinations in the United States, Caribbean, and Latin America. The company has a market capitalization of $2.46 billion as of 2022 and a return on equity of -8.81%. JetBlue Airways is a publicly traded company listed on the Nasdaq Stock Exchange.
– Southwest Airlines Co ($NYSE:LUV)
Southwest Airlines Co is a major U.S. airline, headquartered in Dallas, Texas. The company operates a fleet of 737 aircraft and serves destinations across the United States and several international destinations. Southwest is one of the largest airlines in the world, with a market capitalization of over $22 billion as of 2022. The company has a strong financial position, with a return on equity of over 8%. Southwest is a well-known brand and is a preferred choice for many travelers.
Summary
Spirit Airlines Inc. (SAVE) has been a source of strong optimism in the stock market in recent times. InvestorsObserver Stock Sentiment gave the stock a bullish rating, indicating that the stock is trading higher than it has in the past. Technical and fundamental analysis of the stock shows that it has been performing well over the past few months. The MACD indicator is also positive, indicating that the stock has potential for further upside movement.
