Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Receives $9.27 Consensus PT from Brokerages

Shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) have earned an average rating of "Moderate Buy" from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $8.41.

VLRS has been the subject of a number of analyst reports. TD Cowen dropped their price target on Controladora Vuela Compañía de Aviación from $10.00 to $6.00 and set a "buy" rating for the company in a research note on Friday, April 25th. StockNews.com downgraded Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. UBS Group boosted their price target on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a "buy" rating in a report on Tuesday, January 7th. Morgan Stanley lowered Controladora Vuela Compañía de Aviación from an "overweight" rating to an "equal weight" rating and set a $4.40 price objective on the stock. in a research note on Tuesday, April 29th. Finally, Itau BBA Securities downgraded Controladora Vuela Compañía de Aviación from an "outperform" rating to a "market perform" rating in a research note on Tuesday.

Controladora Vuela Compañía de Aviación Stock Performance

Shares of Controladora Vuela Compañía de Aviación stock traded down $0.04 on Friday, hitting $4.12. The stock had a trading volume of 1,546,047 shares, compared to its average volume of 812,054. The stock has a market cap of $479.92 million, a price-to-earnings ratio of 2.48 and a beta of 2.06. 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 has a twelve month low of $3.49 and a twelve month high of $9.00. The business's 50 day moving average is $5.10 and its two-hundred day moving average is $6.92.

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

Institutional Trading of Controladora Vuela Compañía de Aviación

Institutional investors have recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership bought a new position in Controladora Vuela Compañía de Aviación during the fourth quarter worth $14,786,000. Mackenzie Financial Corp bought a new position in shares of Controladora Vuela Compañía de Aviación during the 4th quarter worth about $4,550,000. ABS Direct Equity Fund LLC acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the 1st quarter valued at about $1,830,000. WCM Investment Management LLC increased its position in Controladora Vuela Compañía de Aviación by 13.3% in the 4th quarter. WCM Investment Management LLC now owns 2,479,591 shares of the transportation company's stock valued at $18,423,000 after buying an additional 291,252 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Controladora Vuela Compañía de Aviación during the 4th quarter worth approximately $2,106,000. 53.32% of the stock is currently owned by institutional investors.

Controladora Vuela Compañía de Aviación Company Profile

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.