Bigger Returns With Less Capital? The Multiplier Strategy Explained

Instead of paying thousands for an ounce of gold, why not multiply your returns by investing in the companies that mine it? As gold prices climb, their profit margins can skyrocket - and so can their stock price. The gold multiplier effect means bigger profits with lower investment. This young company, with prime land in one of America's richest gold districts, is ready to take full advantage of rising gold prices.

SAVE
Spirit Airlines, Inc
NYSE
2.58
Open 1.54 Prev Close 1.47
High 1.55 Low 1.43
Volume 21,839,133 Volume (Avg) 5,490,057
52 Week High 40.77 52 Week Low 7.25
Market Cap 3.9B PE Ratio -0.42

About Spirit Airlines, Inc

Spirit Airlines, Inc. provides airline services. It serves 78 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2020, the company had a fleet of 157 Airbus single-aisle aircraft comprising 31 A319ceos, 64 A320ceos, 32 A320neos, and 30 A321ceos. It offers tickets through its call centers and airport ticket counters, as well as online through spirit.com; and through various third parties, including online, traditional travel agents, and electronic global distribution systems. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

General

NameSpirit Airlines, Inc
TickerSAVE
ExchangeNYSE
SectorIndustrials
IndustryAirlines
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees8,756

Highlights

Analyst Target33.20
Market Cap3,865,373,696
PE Ratio-0.42
PEG Ratio20.44
EBITDA48,413,000

Share Stats

Shares Outstanding97,783,296
Shares Float97,420,506
Shares Short12,456,146
Insider Holdings35%
Institution Holdings53.13%

Highlights

Analyst Target33.20
Market Cap3,865,373,696
PE Ratio-0.42
PEG Ratio20.44
EBITDA48,413,000

Valuation

Trailing PE230
Forward PE33.00
Price/Sales (Trailing 12 Mt.)1.86
Price/Book (Most Recent Quarter)1.73

Dividend

Spirit Airlines, Inc pays out a dividend of $ per share, with a dividend yield of 22.62%.

SAVE's last dividend payment was made to shareholders on November 30, -0001.

They pay out 0.00% of their earnings out as a dividend.

Recent Dividends

Feb 29, 2024$0.10
Jan 31, 2024$0.10
Dec 29, 2023$0.10
Nov 30, 2023$0.10
Oct 31, 2023$0.10
Sep 29, 2023$0.10
Aug 31, 2023$0.10
Jul 31, 2023$0.10
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