SAVE - Spirit Airlines, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
12.66
-0.27 (-2.09%)
As of 10:27AM EDT. Market open.
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Short-term KST

Short-term KST

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close12.93
Open12.17
Bid12.40 x 1000
Ask12.38 x 2900
Day's Range12.00 - 12.85
52 Week Range7.01 - 55.21
Volume7,415,501
Avg. Volume11,670,720
Market Cap1.122B
Beta (5Y Monthly)1.33
PE Ratio (TTM)3.46
EPS (TTM)3.66
Earnings DateJul 22, 2020 - Jul 27, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est21.00
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Undervalued
80% Est. Return
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    Despite another disappointing jobless claims report, stocks found a way to rally on Thursday. That said, here's a look at a few top stock trades for Friday. Top Stock Trades for Tomorrow No. 1: Square (SQ) Click to Enlarge Source: Chart courtesy of StockCharts.comAt first, Square (NYSE:SQ) dipped on earnings. However, bulls have reversed their fortunes, with shares ending the day on Thursday up nearly 10%.With the move, Square is likely to put in its fifth-straight week of gains. It's also reclaiming its 20-week and 50-week moving averages with the rally, and the next stop may very well be the $82.50 area.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThere it finds multi-year resistance and a level that has been relevant for nearly two years. Above that will put the $100 level on investors' radar, which was approximately the high from 2018.On the downside, though, it would be encouraging to see the 20-week and 50-week moving averages act as support. Top Stock Trades for Tomorrow No. 2: Spirit Airlines (SAVE) Click to Enlarge Source: Chart courtesy of StockCharts.comSpirit Airlines (NYSE:SAVE) is not having a favorable post-earnings reaction, ending Thursday down 9%. However, there is a bright side here, which is that shares are clinging to this $10 area.Above it now, bulls want to see shares hold the $10 area as support. That's not much of a silver lining, but it beats the alternative. Should Spirit fail to do this, it keeps a test of the lows near $7.50 in play.Personally, there's nothing here that looks attractive on the long side yet -- it's too early. Investors can either way for a dip down to lower prices or wait for SAVE to rotate over Thursday's high. Above puts a gap-fill up toward $11.50 in play.Ultimately, airlines are not the easiest group to trade at the moment. Top Stock Trades for Tomorrow No. 3: Lyft (LYFT) Click to Enlarge Source: Chart courtesy of StockCharts.comLyft (NASDAQ:LYFT) shares are surging on Thursday, climbing more than 20% on better-than-expected earnings. That's even as shares pull back significantly off the session high.For now, the $32.50 to $35 area is acting as resistance, which comes as little surprise to those who follow the charts. However, that's good for traders, because it lays out a clear roadmap.If Lyft can clear $32.50, it puts $35 in play. Above $35 puts $40 in play, along with the 200-day moving average.If it can't push through $32.50, however, then the 20-day and 50-day moving averages are on the table near $29. Below puts uptrend support (blue line) in play. Top Stock Trades for Tomorrow No. 4: Uber (UBER) Click to Enlarge Source: Chart courtesy of StockCharts.comLyft's report gave Uber (NYSE:UBER) a bounce on the day, with shares rising more than 11%. However, it's getting a fierce rejection from the 200-day moving average.On a bullish reaction, let's see if Uber can reclaim the 200-day moving average and rally up to $34. Over $34 puts the $36 to $38 zone in play, followed by a gap-fill up to $40.On the downside, though, I really want to see the $27 to $28 area hold. There Uber finds prior multi-month resistance, the 20-day and 50-day moving averages and uptrend support (blue line).A break below puts $24 on the table.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 4 Top Stock Trades for Friday: SQ, SAVE, LYFT, UBER appeared first on InvestorPlace.