SPIRIT AIRLINES (Germany) Today

S64
 Stock
  

EUR 20.45  0.60  2.85%   

Market Performance
0 of 100
Odds Of Distress
Over 73
SPIRIT AIRLINES is trading at 20.45 as of the 26th of November 2022, a -2.85% down since the beginning of the trading day. The stock's lowest day price was 20.44. SPIRIT AIRLINES has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for SPIRIT AIRLINES DL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2022 and ending today, the 26th of November 2022. Click here to learn more.
It serves 85 destinations in 16 countries in the United States, Latin America, and the Caribbean. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida. SPIRIT AIRLINES operates under Airlines classification in Germany and is traded on Frankfurt Stock Exchange. The company has 108.41 M outstanding shares. More on SPIRIT AIRLINES DL

Moving against SPIRIT AIRLINES

-0.64AMA1ALTECH ADV MAT SplitPairCorr
Follow Valuation Odds of Bankruptcy
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SPIRIT AIRLINES Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SPIRIT AIRLINES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SPIRIT AIRLINES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SPIRIT AIRLINES DL generated a negative expected return over the last 90 days
SPIRIT AIRLINES DL has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 5.29 B in total debt with debt to equity ratio (D/E) of 2.88, implying the company greatly relies on financing operations through barrowing. SPIRIT AIRLINES DL has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist SPIRIT AIRLINES until it has trouble settling it off, either with new capital or with free cash flow. So, SPIRIT AIRLINES's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like SPIRIT AIRLINES DL sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for SPIRIT to invest in growth at high rates of return. When we think about SPIRIT AIRLINES's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 4.66 B. Net Loss for the year was (370.64 M) with profit before overhead, payroll, taxes, and interest of 437.34 M.
SPIRIT AIRLINES DL has accumulated about 1.06 B in cash with (100.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.73.
Roughly 68.0% of SPIRIT AIRLINES shares are owned by institutional investors
CEOEdward Christie
Thematic IdeaAirlines (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SPIRIT AIRLINES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
SPIRIT AIRLINES DL (S64) is traded on Frankfurt Stock Exchange in Germany and employs 9,823 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SPIRIT AIRLINES's market, we take the total number of its shares issued and multiply it by SPIRIT AIRLINES's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. SPIRIT AIRLINES DL classifies itself under Industrials sector and is part of Airlines industry. The entity has 108.41 M outstanding shares. SPIRIT AIRLINES DL has accumulated about 1.06 B in cash with (100.41 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.73.
Check SPIRIT AIRLINES Probability Of Bankruptcy
Ownership
SPIRIT AIRLINES maintains a total of 108.41 Million outstanding shares. Over half of SPIRIT AIRLINES DL outstanding shares are owned by institutional holders. These institutional holders are typically referred to corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Therefore, these institutions are subject to different rules and regulation than regular investors in SPIRIT AIRLINES DL. Please watch out for any change in the institutional holdings of SPIRIT AIRLINES as this could mean something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

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SPIRIT Stock Price Odds Analysis

What are SPIRIT AIRLINES's target price odds to finish over the current price? Based on a normal probability distribution, the odds of SPIRIT AIRLINES jumping above the current price in 90 days from now is about 65.48%. The SPIRIT AIRLINES DL probability density function shows the probability of SPIRIT AIRLINES stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon SPIRIT AIRLINES has a beta of 0.5526. This usually implies as returns on the market go up, SPIRIT AIRLINES average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SPIRIT AIRLINES DL will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. SPIRIT AIRLINES DL is significantly underperforming DOW.
  Odds Below 20.45HorizonTargetOdds Above 20.45
34.32%90 days
 20.45 
65.48%
Based on a normal probability distribution, the odds of SPIRIT AIRLINES to move above the current price in 90 days from now is about 65.48 (This SPIRIT AIRLINES DL probability density function shows the probability of SPIRIT Stock to fall within a particular range of prices over 90 days) .

SPIRIT AIRLINES DL Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SPIRIT AIRLINES market risk premium is the additional return an investor will receive from holding SPIRIT AIRLINES long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPIRIT AIRLINES. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SPIRIT AIRLINES's alpha and beta are two of the key measurements used to evaluate SPIRIT AIRLINES's performance over the market, the standard measures of volatility play an important role as well.

SPIRIT Stock Against Markets

Picking the right benchmark for SPIRIT AIRLINES stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SPIRIT AIRLINES stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SPIRIT AIRLINES is critical whether you are bullish or bearish towards SPIRIT AIRLINES DL at a given time.

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Our tools can tell you how much better you can do entering a position in SPIRIT AIRLINES without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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SPIRIT AIRLINES Corporate Directors

SPIRIT AIRLINES corporate directors refer to members of a SPIRIT AIRLINES board of directors. The board of directors generally takes responsibility for the SPIRIT AIRLINES's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SPIRIT AIRLINES's board members must vote for the resolution. The SPIRIT AIRLINES board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stuart Oran - Independent DirectorProfile
Myrna Soto - Independent DirectorProfile
Dawn Zier - Independent DirectorProfile
Robert Fornaro - Independent DirectorProfile

Invested in SPIRIT AIRLINES DL?

The danger of trading SPIRIT AIRLINES DL is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SPIRIT AIRLINES is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SPIRIT AIRLINES. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SPIRIT AIRLINES DL is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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Please note, there is a significant difference between SPIRIT AIRLINES's value and its price as these two are different measures arrived at by different means. Investors typically determine SPIRIT AIRLINES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPIRIT AIRLINES's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.