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Spirit Airlines Inc.

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Before the Bell

 --Quotes are delayed by 20 min

Sep 28, 2020, 5:20 a.m.

/zigman2/quotes/205782179/composite

$

16.61

Change

+0.41 +2.53%

Volume

Volume 1,472

Quotes are delayed by 20 min

/zigman2/quotes/205782179/composite

Previous close

$ 16.20

$ 16.20

Change

+0.49 +3.12%

Day low

Day high

$15.62

$16.26

Open

52 week low

52 week high

$7.01

$47.50

Open

Company Description

Spirit Airlines, Inc. is an airline that offers travel to price-conscious customers. The company's customers start with an unbundled base fares that remove components included in the price of an airline ticket. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.

Valuation

P/E Current

3.31

P/E Ratio (without extraordinary items)

8.24

Price to Sales Ratio

0.72

Price to Book Ratio

1.22

Price to Cash Flow Ratio

6.94

Enterprise Value to EBITDA

5.24

Enterprise Value to Sales

1.37

Total Debt to Enterprise Value

0.68

Efficiency

Revenue/Employee

428,567.00

Income Per Employee

37,509.00

Receivables Turnover

53.77

Total Asset Turnover

0.60

Liquidity

Current Ratio

1.25

Quick Ratio

1.25

Cash Ratio

0.98

Profitability

Gross Margin

17.57

Operating Margin

13.55

Pretax Margin

11.39

Net Margin

8.75

Return on Assets

5.25

Return on Equity

16.00

Return on Total Capital

10.45

Return on Invested Capital

7.14

Capital Structure

Total Debt to Total Equity

157.34

Total Debt to Total Capital

61.14

Total Debt to Total Assets

48.08

Long-Term Debt to Equity

140.56

Long-Term Debt to Total Capital

54.62

Officers and Executives

Name Age Officer Since Title
Mr. Edward Morgan Christie 48 2012 President, Chief Executive Officer & Director
Mr. John Bendoraitis 55 2013 Chief Operating Officer & Executive Vice President
Mr. Scott M. Haralson 46 2012 Chief Financial Officer & Senior Vice President
Mr. Rocky B. Wiggins 60 2014 Chief Information Officer & Senior Vice President
Mr. Eric Netland - 2006 Vice President-Pricing & Revenue Management

Insider Actions

– Purchase – Sale 1 – Number of Transactions
Date Name Shares Transaction Value
06/01/2020 Robert D. Johnson
Director
500   Disposition at $13 per share. 6,500
04/22/2020 Edward Morgan Christie
President and CEO; Director
382   Award at $0 per share. 0
04/22/2020 Thomas C. Canfield
SVP, General Counsel and Sec
306   Award at $0 per share. 0
04/22/2020 John Bendoraitis
EVP and COO
308   Award at $0 per share. 0
04/22/2020 Matthew H. Klein
EVP, CCO
306   Award at $0 per share. 0
04/22/2020 Scott M. Haralson
SVP and CFO
170   Award at $0 per share. 0
04/22/2020 Rocky B. Wiggins
SVP and CIO
277   Award at $0 per share. 0
04/22/2020 Laurie David Villa
SVP - Chief HR Officer
270   Award at $0 per share. 0
03/10/2020 Thomas C. Canfield
SVP, General Counsel and Sec
2,500   Acquisition at $20.34 per share. 50,850
03/02/2020 Robert D. Johnson
Director
500   Disposition at $28.36 per share. 14,180
02/19/2020 Edward Morgan Christie
President and CEO; Director
496   Derivative/Non-derivative trans. at $41.14 per share. 20,405
02/19/2020 Thomas C. Canfield
SVP, General Counsel and Sec
307   Derivative/Non-derivative trans. at $41.14 per share. 12,629
02/19/2020 John Bendoraitis
EVP and COO
693   Derivative/Non-derivative trans. at $41.14 per share. 28,510
02/19/2020 Scott M. Haralson
SVP and CFO
136   Derivative/Non-derivative trans. at $41.14 per share. 5,595
02/19/2020 Laurie David Villa
SVP - Chief HR Officer
170   Derivative/Non-derivative trans. at $41.14 per share. 6,993
02/11/2020 Christine P. Richards
Director
5,000   Acquisition at $43.24 per share. 216,200
01/27/2020 Edward Morgan Christie
President and CEO; Director
984   Derivative/Non-derivative trans. at $41.32 per share. 40,658
01/27/2020 Thomas C. Canfield
SVP, General Counsel and Sec
407   Derivative/Non-derivative trans. at $41.32 per share. 16,817
01/27/2020 John Bendoraitis
EVP and COO
761   Derivative/Non-derivative trans. at $41.32 per share. 31,444
01/27/2020 Matthew H. Klein
EVP, CCO
415   Derivative/Non-derivative trans. at $41.32 per share. 17,147
01/27/2020 Scott M. Haralson
SVP and CFO
265   Derivative/Non-derivative trans. at $41.32 per share. 10,949
01/27/2020 Rocky B. Wiggins
SVP and CIO
667   Derivative/Non-derivative trans. at $41.32 per share. 27,560
01/27/2020 Laurie David Villa
SVP - Chief HR Officer
309   Derivative/Non-derivative trans. at $41.32 per share. 12,767
01/17/2020 Edward Morgan Christie
President and CEO; Director
10,808   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 Edward Morgan Christie
President and CEO; Director
1,070   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 Thomas C. Canfield
SVP, General Counsel and Sec
358   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 John Bendoraitis
EVP and COO
589   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 Matthew H. Klein
EVP, CCO
310   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 Scott M. Haralson
SVP and CFO
179   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 Rocky B. Wiggins
SVP and CIO
564   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 Laurie David Villa
SVP - Chief HR Officer
293   Derivative/Non-derivative trans. at $0 per share. 0
01/17/2020 Brian J. McMenamy
VP & Controller
98   Derivative/Non-derivative trans. at $0 per share. 0
01/14/2020 Edward Morgan Christie
President and CEO; Director
23,241   Award at $0 per share. 0
01/14/2020 Thomas C. Canfield
SVP, General Counsel and Sec
7,223   Award at $0 per share. 0
01/14/2020 John Bendoraitis
EVP and COO
8,793   Award at $0 per share. 0
01/14/2020 Matthew H. Klein
EVP, CCO
8,793   Award at $0 per share. 0
01/14/2020 Scott M. Haralson
SVP and CFO
6,909   Award at $0 per share. 0
01/14/2020 H. McIntyre Gardner
Director
4,271   Award at $0 per share. 0
01/14/2020 Rocky B. Wiggins
SVP and CIO
6,281   Award at $0 per share. 0
01/14/2020 Barclay G. Jones
Director
3,015   Award at $0 per share. 0
01/14/2020 Laurie David Villa
SVP - Chief HR Officer
6,909   Award at $0 per share. 0
01/14/2020 Carlton D. Donaway
Director
3,015   Award at $0 per share. 0
01/14/2020 Brian J. McMenamy
VP & Controller
2,826   Award at $0 per share. 0
01/14/2020 Dawn M. Zier
Director
3,015   Award at $0 per share. 0
01/14/2020 Robert D. Johnson
Director
3,015   Award at $0 per share. 0
01/14/2020 Myrna M. Soto
Director
3,015   Award at $0 per share. 0
01/14/2020 Christine P. Richards
Director
3,015   Award at $0 per share. 0
01/14/2020 Mark B. Dunkerley
Director
3,015   Award at $0 per share. 0
01/13/2020 Edward Morgan Christie
President and CEO; Director
1,326   Derivative/Non-derivative trans. at $39.76 per share. 52,721
01/13/2020 Thomas C. Canfield
SVP, General Counsel and Sec
255   Derivative/Non-derivative trans. at $39.76 per share. 10,138
01/13/2020 John Bendoraitis
EVP and COO
554   Derivative/Non-derivative trans. at $39.76 per share. 22,027
01/13/2020 Matthew H. Klein
EVP, CCO
255   Derivative/Non-derivative trans. at $39.76 per share. 10,138
01/13/2020 Scott M. Haralson
SVP and CFO
229   Derivative/Non-derivative trans. at $39.76 per share. 9,105
01/13/2020 Rocky B. Wiggins
SVP and CIO
345   Derivative/Non-derivative trans. at $39.76 per share. 13,717
01/13/2020 Laurie David Villa
SVP - Chief HR Officer
229   Derivative/Non-derivative trans. at $39.76 per share. 9,105
01/13/2020 Brian J. McMenamy
VP & Controller
102   Derivative/Non-derivative trans. at $39.76 per share. 4,055
/news/latest/company/us/save

MarketWatch News on SAVE

  1. Picking the Postelection Winners Among Airline Stocks

    2:47 p.m. Sept. 25, 2020

    - Daren Fonda

  2. Some Airlines More Nimble as They Compete for Leisure Travel

    11:05 a.m. Sept. 10, 2020

    - Daren Fonda

  3. Spirit Airlines to offer $600 million five-year bonds

    7:14 a.m. Aug. 31, 2020

    - Ciara Linnane

  4. Spirit Airlines to offer $600 mln in 5-year bonds in private transaction

    7:09 a.m. Aug. 31, 2020

    - Ciara Linnane

  5. Airline Stocks Are Taking Off. Expect Turbulence.

    1:43 p.m. Aug. 24, 2020

    - Daren Fonda

  6. Oil Is Down Because Jet Fuel Demand Could Stay Weak

    11:11 a.m. Aug. 13, 2020

    - Avi Salzman

  7. Loading more headlines...
/news/nonmarketwatch/company/us/save

Other News on SAVE

  1. Investors shy away from airline sector as uncertainty reigns

    10:07 a.m. Sept. 24, 2020

    - Seeking Alpha

  2. New Strong Sell Stocks for September 24th

    8:03 a.m. Sept. 24, 2020

    - Zacks.com

  3. Airlines look to antigen tests as pandemic fix

    2:25 p.m. Sept. 23, 2020

    - Seeking Alpha

  4. New Strong Sell Stocks for September 22nd

    7:36 a.m. Sept. 22, 2020

    - Zacks.com

  5. Flights of Necessity Don’t Do Much for Delta Air Lines

    1:07 p.m. Sept. 21, 2020

    - InvestorPlace.com

  6. How Far Can Delta Stock Rally As It Begins to Break Higher?

    6:31 a.m. Sept. 21, 2020

    - InvestorPlace.com

  7. Travel related stocks tumble on U.K. lockdown fears

    3:36 p.m. Sept. 18, 2020

    - Seeking Alpha

  8. Spirit Airlines (SAVE) Investor Presentation - Slideshow

    1:35 p.m. Sept. 18, 2020

    - Seeking Alpha

  9. Airlines press for relief bill as job cuts gets closer

    10:03 a.m. Sept. 17, 2020

    - Seeking Alpha

  10. Airlines press for relief bill as job cuts get closer

    10:03 a.m. Sept. 17, 2020

    - Seeking Alpha

  11. Spirit Airlines partners with CreditShop

    9:14 a.m. Sept. 17, 2020

    - Seeking Alpha

  12. Airline industry lobbies for another $25B in federal aid

    3:44 a.m. Sept. 17, 2020

    - Seeking Alpha

  13. Why I Wouldn’t Buy United Airlines Stock Right Now

    8:54 a.m. Sept. 16, 2020

    - InvestorPlace.com

  14. If Load Factors Matter, JetBlue Airways Is in Trouble

    1:46 p.m. Sept. 14, 2020

    - InvestorPlace.com

  15. Loading more headlines...

At a Glance

Spirit Airlines, Inc.

2800 Executive Way

Miramar, Florida 33025

Phone

1 9544477920

Industry

Passenger Airlines

Sector

Transportation/Logistics

Fiscal Year-end

12/2020

Revenue

$3.83B

Net Income

$335.26M

2019 Sales Growth

15.3%

Employees

8,938

/news/pressrelease/company/us/save

Press Releases on SAVE

  1. CreditShop to Partner With Spirit Airlines for More Travel Options

    9:00 a.m. Sept. 17, 2020

    - BusinessWire - BZX

  2. Most Popular Robinhood Stocks: $SAVE $SQ $SBUX

    6:23 a.m. Sept. 7, 2020

    - The Market Signal

  3. Monday Sector Laggards: Oil & Gas Exploration & Production, Airlines

    11:52 a.m. Aug. 17, 2020

    - MarketNewsVideo.com

  4. Loading more headlines...
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