Shares in Spirit Airlines Incorporated do not show any sign of a slowdown in the ascending dynamic. Investors could bet on a continuation of the underlying trend. Investors have an opportunity to buy the stock and target the $ 74.5.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
In a short-term perspective, the company has interesting fundamentals.
Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The company returns high margins, thereby supporting business profitability.
The company's attractive earnings multiples are brought to light by a P/E ratio at 13.19 for the current year.
Sales forecast by analysts have been recently revised upwards.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Analysts covering this company mostly recommend stock overweighting or purchase.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The stock is in a well-established, long-term rising trend above the technical support level at 47.02 USD
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
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