Controladora Vuela Compañía de Aviación (NYSE:VLRS) Rating Lowered to Equal Weight at Barclays

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) was downgraded by equities research analysts at Barclays from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Tuesday,Briefing.com Automated Import reports. They presently have a $4.50 price objective on the transportation company's stock. Barclays's target price points to a potential upside of 14.21% from the stock's current price.

A number of other equities research analysts have also weighed in on VLRS. TD Cowen reduced their target price on shares of Controladora Vuela Compañía de Aviación from $10.00 to $6.00 and set a "buy" rating on the stock in a report on Friday. StockNews.com downgraded shares of Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Itau BBA Securities initiated coverage on shares of Controladora Vuela Compañía de Aviación in a research note on Wednesday, February 12th. They issued an "outperform" rating and a $12.00 price objective on the stock. UBS Group lifted their price target on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. cut their target price on Controladora Vuela Compañía de Aviación from $15.00 to $13.00 and set an "overweight" rating on the stock in a research note on Monday, April 21st. Three analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $9.27.

Controladora Vuela Compañía de Aviación Stock Down 15.8 %

NYSE:VLRS opened at $3.94 on Tuesday. The firm has a market capitalization of $459.40 million, a price-to-earnings ratio of 2.37 and a beta of 2.17. Controladora Vuela Compañía de Aviación has a twelve month low of $3.88 and a twelve month high of $9.00. The stock's 50 day moving average price is $5.44 and its two-hundred day moving average price is $7.03. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 1.09.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The transportation company reported ($0.44) earnings per share for the quarter, topping the consensus estimate of ($0.54) by $0.10. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. Equities research analysts expect that Controladora Vuela Compañía de Aviación will post 1.21 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of VLRS. Tower Research Capital LLC TRC increased its position in Controladora Vuela Compañía de Aviación by 34.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,396 shares of the transportation company's stock valued at $48,000 after acquiring an additional 1,641 shares during the last quarter. R Squared Ltd bought a new stake in shares of Controladora Vuela Compañía de Aviación during the fourth quarter valued at approximately $68,000. Prudential Financial Inc. bought a new stake in shares of Controladora Vuela Compañía de Aviación during the fourth quarter valued at approximately $79,000. Sei Investments Co. bought a new stake in shares of Controladora Vuela Compañía de Aviación during the fourth quarter valued at approximately $79,000. Finally, MMA Asset Management LLC bought a new stake in Controladora Vuela Compañía de Aviación in the fourth quarter worth $112,000. Hedge funds and other institutional investors own 53.32% of the company's stock.

About Controladora Vuela Compañía de Aviación

Controladora Vuela Compañía de Aviación, SAB. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, SAP.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America.

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