What Wall Street Analysts Recommend for Spirit Airlines
As of September 21, 30.8% (four analysts) out of the 13 analysts tracking Spirit Airlines (SAVE) had a “strong buy” recommendation.
For the third quarter of 2017, Spirit Airlines’ (SAVE) revenues are estimated to grow 13.5% year-over-year or YoY to $704.5 million.
The problems for Spirit Airlines (SAVE) started in early May, when the company ended up canceling hundreds of flights.
Hurricane Harvey mainly hit Houston, one of Spirit Airlines’ (SAVE) major markets, accounting for almost 160 or 10% of the carrier’s flights.
After five months of improvement in capacity utilization, Spirit Airlines (SAVE) is back to its old ways. The carrier’s capacity growth has outpaced traffic growth…
Spirit Airlines’ traffic grew 20.6% year-over-year or YoY in August 2017, slightly lower than its capacity growth for the month.
After reducing capacity growth from mid-2016 to mid-2017, Spirit Airlines (SAVE) has again increased its capacity growth in the third quarter of 2017.
Tsakos Energy Navigation (TNP) posted revenues of $132 million in 2Q17—4.3% lower than $138.4 million in 1Q17 and 11% higher than $119.8 million in 2Q16.
Tsakos Energy Navigation’s (TNP) vessel operating expenses rose to $43 million in 2Q17—compared to $36 million in 1Q17.
Tsakos Energy Navigation has paid an uninterrupted dividend since its inception. It declared a quarterly dividend of $0.05 per share in 2Q17.
Currently, Tsakos Energy Navigation has 49 vessels out of 65 that have secured employment. The current time charter tenure is 2.5 years.
After Tsakos Energy Navigation released its 2Q17 results, Maxim Group reduced its target price to $6 from $7 and maintained a “buy” rating on the stock.
Tsakos Energy Navigation (TNP) missed its 2Q17 revenue estimate of $109 million. It reported revenues of $104 million.
According to Reuters, the consensus rating for Golar LNG (GLNG) is 1.5, which means a “buy.”
According to Reuters, the consensus rating for Gaslog Partners (GLOP) is 1.83, which means “buy.”
Gaslog (GLOG) is an operator and manager of LNG carriers. It supports international companies in the LNG logistics chain.
All nine analysts that cover Hoegh LNG Partners (HMLP) are bullish on the stock.
FedEx’s forward PE multiple of 17.2x is the lowest in the peer group, and analysts are pegging its next-one-year EPS (earnings per share) growth at 4.4%.
Though FedEx (FDX) has the presence across the globe, rival United Parcel Service (UPS) is more dominant in the international arena.
There was no mention of dividends in FedEx’s fiscal 1Q18 earnings conference call, and its stock buybacks were significantly lower ($86.0 million) in fiscal 1Q18.