Spirit Airlines Incorporated (NASDAQ:SAVE) reported its preliminary traffic results for June 2015.

Traffic (revenue passenger miles) in June 2015 increased 25.1 percent versus June 2014 on a capacity (available seat miles) increase of 28.5 percent. Load factor for June 2015 was 87.1 percent, a decrease of 2.3 percentage points compared to June 2014. Spirit’s preliminary systemwide completion factor for June 2015 was 95.3 percent.

The following table summarizes Spirit’s traffic results for June and year-to-date 2015, compared to prior year periods.

(Original Source)

Shares of Spirit Airlines Inc closed yesterday at $63.54. SAVE has a 1-year high of $85.35 and a 1-year low of $52.75. The stock’s 50-day moving average is $62.87 and its 200-day moving average is $71.85.

On the ratings front, Spirit Airlines has been the subject of a number of recent research reports. In a report issued on June 23, Morgan Stanley analyst John Godyn assigned a Buy rating on SAVE, with a price target of $82, which implies an upside of 29.1% from current levels. Separately, on June 18, Barclays’ David Fintzen maintained a Buy rating on the stock and has a price target of $98.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, John Godyn and David Fintzen have a total average return of 4.7% and 21.8% respectively. Godyn has a success rate of 53.8% and is ranked #1550 out of 3702 analysts, while Fintzen has a success rate of 58.4% and is ranked #164.

Spirit Airlines Inc is an airline based in Miramar, Florida. The Company’s all-Airbus fleet currently operates more than 300 daily flights to over 56 destinations in the United States, Caribbean and Latin America.