The Spirit Airlines (SAVE) Receives Daily Media Impact Score of 0.25

The Spirit Airlines (SAVE) Receives Daily Media Impact Score of 0.25

These are some of the news articles that may have impacted AlphaOne’s scoring:

Media coverage about Spirit Airlines (NASDAQ:SAVE) has trended somewhat positive this week, AlphaOne Sentiment Analysis reports. The research firm, a unit of Accern, scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spirit Airlines earned a media sentiment score of 0.25 on AlphaOne’s scale. AlphaOne also assigned media stories about the transportation company an impact score of 80 out of 100, meaning that recent news coverage is likely to have an impact on the stock’s share price in the near future.

Spirit Airlines (SAVE) opened at 55.83 on Monday. Spirit Airlines has a 12-month low of $37.17 and a 12-month high of $60.40. The stock has a 50 day moving average of $55.97 and a 200 day moving average of $54.72. The stock has a market cap of $3.87 billion, a P/E ratio of 16.59 and a beta of 0.78. Spirit Airlines (NASDAQ:SAVE) last issued its earnings results on Friday, April 28th. The transportation company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.02. Spirit Airlines had a return on equity of 22.22% and a net margin of 11.41%. The business had revenue of $591.80 million during the quarter, compared to the consensus estimate of $591.31 million. During the same period last year, the company earned $1.01 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, equities research analysts anticipate that Spirit Airlines will post $4.18 earnings per share for the current fiscal year.

SAVE has been the subject of several research reports. Stifel Nicolaus reiterated a “buy” rating and issued a $75.00 price target on shares of Spirit Airlines in a research note on Saturday, April 22nd. Citigroup Inc restated a “neutral” rating and set a $60.00 price objective (up from $58.00) on shares of Spirit Airlines in a research note on Saturday, April 22nd. Imperial Capital restated an “outperform” rating and set a $70.00 price objective (up from $68.00) on shares of Spirit Airlines in a research note on Thursday, April 20th. Wolfe Research upgraded shares of Spirit Airlines from a “market perform” rating to an “outperform” rating in a research note on Friday. Finally, Cowen and Company lifted their price target on shares of Spirit Airlines from $58.00 to $59.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 8th. Five analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $61.05. In related news, VP Edmundo Miranda sold 3,131 shares of the firm’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $59.39, for a total transaction of $185,950.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.26% of the stock is owned by company insiders.

About Spirit Airlines Spirit Airlines, Inc is an airline company. The Company provides air transportation for passengers. As of December 31, 2016, its all-Airbus Fit Fleet operated over 420 daily flights to 59 destinations in the United States, Caribbean and Latin America. As of December 31, 2016, it had a fleet of 95 Airbus single-aisle aircraft, which are referred to as A320 family aircraft and include the A319, A320 and A321 models, which have common design and equipment but differ most notably in fuselage length, service range and seat capacity.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:SAVE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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