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14 Airline Stocks Flying High in 2019This summary was created by AI, based on 1 opinions in the last 12 months.
The experts' reviews on Spirit Airlines Inc. suggest that the company is consistently losing money with each flight, and there is a hope for them to reduce capacity and thus increase overall airline demand for other airlines. This indicates a challenging financial situation for the company, with potential implications for its market presence and competitive dynamics.
It's a competitive space and needs more consolidating, but the government won't let it. Look elsewhere like Delta.
(A Top Pick March 23/15. Down 37.65%.) Had thought this would do better. It had the benefit of very low oil prices at that time, and was an ultra low cost carrier, which was attractive, and it was winning share. Started to have problems operationally. It is going to take time to repair some of the reputational damage. As oil prices came up, he exited his position.
Airlines are slaves to fuel prices. We hear all the negatives to low oil prices, however dropping oil prices is a net positive to many industries like this one. It is a decent place to look but it is a trade because it is tied to the commodity.
A deep discounter in the US. The stock had done phenomenally well. Was probably the best advertising company that he had ever seen. The stock came off with all the rest of the airlines. Recently the CEO had been let go. Wouldn’t recommend it here, but they were good operators.
A solid, new category called ‘ultra low cost carrier’. It is not a very comfortable experience to fly them and you pay extra for everything. It has gotten very beaten up this year, but he prefers WJA-T.
There are a few technical issues you need to watch out for in trading. Many people are down 50%. There is a behavioural pattern where people say that if it just rallies back to the next resistance point, they are going to get out. However, it never quite gets there because everybody is doing the very same thing. You are fighting a tide, and it is a big tide. Just recognize that this is one that didn’t work out for you, and drive on.
Airlines are trading at very low multiples compared to other transportation. It is dirt cheap. An ultra low cost carrier. Flies to major domestic cities. Best margin in the business. It is not a business travelers` airline. They do 13% more flights per day with their planes than other carriers.
Spirit Airlines Inc. is a American stock, trading under the symbol SAVE-N on the New York Stock Exchange (SAVE). It is usually referred to as NYSE:SAVE or SAVE-N
In the last year, 1 stock analyst published opinions about SAVE-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Spirit Airlines Inc..
Spirit Airlines Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Spirit Airlines Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Spirit Airlines Inc. In the last year. It is a trending stock that is worth watching.
On 2024-12-05, Spirit Airlines Inc. (SAVE-N) stock closed at a price of $0.9189.
Each time they fly, they lose money. He hopes they come out of the market to reduce capacity and increase overall airline demand for the other airlines.