Controladora Vuela Compañía de Aviación (NYSE:VLRS) Stock Rating Lowered by Barclays

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) was downgraded by stock analysts at Barclays from an "overweight" rating to an "equal weight" rating in a research note issued to investors on Tuesday, Marketbeat.com reports. They currently have a $4.50 target price on the transportation company's stock, down from their prior target price of $12.00. Barclays's price target would suggest a potential upside of 14.42% from the stock's previous close.

Several other analysts have also recently commented on the stock. TD Cowen dropped their target price on shares of Controladora Vuela Compañía de Aviación from $10.00 to $6.00 and set a "buy" rating for the company in a research report on Friday, April 25th. JPMorgan Chase & Co. dropped their price objective on Controladora Vuela Compañía de Aviación from $15.00 to $13.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Citigroup reduced their target price on Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. Morgan Stanley cut Controladora Vuela Compañía de Aviación from an "overweight" rating to an "equal weight" rating and set a $4.40 price target for the company. in a research note on Tuesday, April 29th. Finally, StockNews.com lowered shares of Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $9.27.

Controladora Vuela Compañía de Aviación Price Performance

NYSE VLRS traded up $0.34 on Tuesday, hitting $3.93. 3,569,992 shares of the company were exchanged, compared to its average volume of 798,118. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.09. The company has a market cap of $458.58 million, a P/E ratio of 2.37 and a beta of 2.06. Controladora Vuela Compañía de Aviación has a 1-year low of $3.49 and a 1-year high of $9.00. The firm has a 50 day moving average of $5.14 and a two-hundred day moving average of $6.94.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The transportation company reported ($0.44) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.54) by $0.10. The business had revenue of $678.00 million for the quarter, compared to analyst estimates of $708.83 million. Controladora Vuela Compañía de Aviación had a return on equity of 71.50% and a net margin of 5.99%. On average, equities analysts predict that Controladora Vuela Compañía de Aviación will post 1.21 EPS for the current year.

Institutional Investors Weigh In On Controladora Vuela Compañía de Aviación

Several institutional investors have recently added to or reduced their stakes in VLRS. Tower Research Capital LLC TRC grew its holdings in shares of 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 worth $48,000 after buying an additional 1,641 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at approximately $68,000. Prudential Financial Inc. bought a new position in Controladora Vuela Compañía de Aviación during the fourth quarter worth $79,000. Sei Investments Co. acquired a new position in Controladora Vuela Compañía de Aviación in the 4th quarter valued at about $79,000. Finally, MMA Asset Management LLC bought a new position in shares of Controladora Vuela Compañía de Aviación during the fourth quarter worth approximately $112,000. 53.32% of the stock is owned by institutional investors.

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.