Spirit Airlines Stock

Spirit Airlines P/S 2024

Spirit Airlines P/S

0.08

Ticker

SAVE

ISIN

US8485771021

WKN

A1CX36

As of Aug 12, 2024, Spirit Airlines's P/S ratio stood at 0.08, a -74.19% change from the 0.31 P/S ratio recorded in the previous year.

The Spirit Airlines P/S history

Spirit Airlines Aktienanalyse

What does Spirit Airlines do?

Spirit Airlines Inc is a US-based low-cost airline that has been in operation since 1983 and is headquartered in Miramar, Florida. The company specializes in affordable flights within the US, to Latin America, and the Caribbean, and is one of the largest low-cost airlines in North America. Spirit Airlines' business model is based on low prices and a lean operating model, which focuses on cost optimization and fast flight operations. The history of Spirit Airlines dates back to the early 1980s when it was established as a charter airline for transporting cargo and passengers between the US and the Caribbean. In 1992, the company was converted into a scheduled airline and began operating flights between Boston and Providence. Since then, Spirit Airlines has expanded its route network and now flies to over 70 destinations in North, Central, and South America. The core business of Spirit Airlines is domestic flights within the US and flights to the Caribbean and Latin America. The airline attracts travelers by offering competitive prices. It largely avoids costly extras such as onboard meals, seat reservations, or checked baggage. Instead, passengers can add additional services for an extra fee, such as more legroom or priority boarding. The company has faced criticism in the past for its practices, as the booking process often does not clearly display all costs, resulting in many passengers paying more than planned. Spirit Airlines operates a fleet of around 150 aircraft, primarily consisting of Airbus A320 models and its variants, as well as Boeing 737-800s. The airline also offers cargo transfer services and operates a subsidiary, Spirit Airlines Technical Operations, which handles aircraft maintenance and repairs. Additionally, there is a partnership with the rental car company Hertz, allowing customers to reserve a rental car during their flight booking. Overall, Spirit Airlines is known for its affordable fares but also for its critical approach towards customers and a lack of onboard comfort and additional services. However, in recent years, the company has taken steps to improve its image, such as investing in modern aircraft and upgrades for in-flight entertainment. The customer service initiative "Spirit Airlines Starting From The Heart" has also been launched to optimize the travel experience and satisfy passengers. All in all, Spirit Airlines has become one of the most well-known low-cost airlines in North America, offering an extensive route network at budget prices. While the company has been criticized in the past for its limited services and non-transparent pricing, it has taken measures in recent years to improve the customer experience and enhance its reputation. Answer: Spirit Airlines is a US low-cost airline that specializes in affordable flights within the US, Latin America, and the Caribbean. It is known for its low prices and fast flight operations. The airline has faced criticism for its pricing practices in the past but has made efforts to improve customer experience. Spirit Airlines ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Spirit Airlines's P/S Ratio

Spirit Airlines's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Spirit Airlines's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Spirit Airlines's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Spirit Airlines’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Spirit Airlines stock

What is the price-to-earnings ratio of Spirit Airlines?

The price-earnings ratio of Spirit Airlines is currently 0.08.

How has the price-earnings ratio of Spirit Airlines changed compared to last year?

The price-to-earnings ratio of Spirit Airlines has increased by -74.19% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Spirit Airlines high compared to other companies?

Yes, the price-to-earnings ratio of Spirit Airlines is high compared to other companies.

How does an increase in the price-earnings ratio of Spirit Airlines affect the company?

An increase in the price-earnings ratio of Spirit Airlines would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Spirit Airlines affect the company?

A decrease in the price-earnings ratio of Spirit Airlines would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Spirit Airlines?

Some factors that influence the price-earnings ratio of Spirit Airlines are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Spirit Airlines pay?

Over the past 12 months, Spirit Airlines paid a dividend of 1.2 USD . This corresponds to a dividend yield of about 46.15 %. For the coming 12 months, Spirit Airlines is expected to pay a dividend of 1.2 USD.

What is the dividend yield of Spirit Airlines?

The current dividend yield of Spirit Airlines is 46.15 %.

When does Spirit Airlines pay dividends?

Spirit Airlines pays a quarterly dividend. This is distributed in the months of December, January, February, March.

How secure is the dividend of Spirit Airlines?

Spirit Airlines paid dividends every year for the past 0 years.

What is the dividend of Spirit Airlines?

For the upcoming 12 months, dividends amounting to 1.2 USD are expected. This corresponds to a dividend yield of 46.15 %.

In which sector is Spirit Airlines located?

Spirit Airlines is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Spirit Airlines kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Spirit Airlines from 2/29/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 2/22/2024.

When did Spirit Airlines pay the last dividend?

The last dividend was paid out on 2/29/2024.

What was the dividend of Spirit Airlines in the year 2023?

In the year 2023, Spirit Airlines distributed 0 USD as dividends.

In which currency does Spirit Airlines pay out the dividend?

The dividends of Spirit Airlines are distributed in USD.

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Andere Kennzahlen von Spirit Airlines

Our stock analysis for Spirit Airlines Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Spirit Airlines Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.