Unveiling 6 Analyst Insights On Spirit Airlines
Portfolio Pulse from Benzinga Insights
Analyst ratings for Spirit Airlines (NYSE:SAVE) have shown a mix of bearish and indifferent stances over the last quarter, with recent actions including downgrades and a single upgrade. The average 12-month price target for SAVE has significantly decreased to $3.92 from $8.99, indicating a negative outlook. Spirit Airlines faces challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management, suggesting potential difficulties in profitability and financial leverage.
April 16, 2024 | 7:03 pm
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Spirit Airlines has received mixed analyst ratings, with a significant decrease in the average price target, indicating a bearish outlook. The company's financial health shows challenges in revenue growth, profitability, and debt management.
The decrease in the average price target reflects a bearish sentiment among analysts, likely due to Spirit Airlines' reported challenges in revenue growth, profitability, and high debt levels. These factors contribute to the negative short-term impact on SAVE's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100