Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Controladora Vuela Compania de Aviacion has received a consensus recommendation of "Hold" from ten analysts, with a target price of $8.22.
• Shares of the company have seen a recent decline of 5.2% and are currently trading at $6.84.
• Large institutional investors have increased their stakes in the company, with a significant growth of 322.5% reported by AQR Capital Management.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) has received an average recommendation of "Hold" from the ten analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $8.2222.

Several equities research analysts recently commented on VLRS shares. Weiss Ratings restated a "sell (d)" rating on shares of Controladora Vuela Compania de Aviacion in a research report on Friday. Barclays upped their target price on Controladora Vuela Compania de Aviacion from $5.50 to $7.00 and gave the company an "equal weight" rating in a research report on Tuesday, October 14th. UBS Group upped their target price on Controladora Vuela Compania de Aviacion from $6.00 to $8.00 and gave the company a "buy" rating in a research report on Thursday, July 31st. JPMorgan Chase & Co. upped their target price on Controladora Vuela Compania de Aviacion from $7.00 to $8.00 and gave the company an "overweight" rating in a research report on Friday, September 19th. Finally, Wall Street Zen upgraded Controladora Vuela Compania de Aviacion from a "sell" rating to a "hold" rating in a research report on Saturday, September 20th.

Controladora Vuela Compania de Aviacion Stock Down 5.2%

Shares of NYSE:VLRS opened at $6.84 on Friday. The firm has a market cap of $798.01 million, a P/E ratio of -25.35 and a beta of 2.02. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 1.73. Controladora Vuela Compania de Aviacion has a 12-month low of $3.49 and a 12-month high of $9.00. The business has a fifty day simple moving average of $6.53 and a 200 day simple moving average of $5.34.

Institutional Trading of Controladora Vuela Compania de Aviacion

Large investors have recently made changes to their positions in the company. Acadian Asset Management LLC grew its stake in shares of Controladora Vuela Compania de Aviacion by 5.9% in the 1st quarter. Acadian Asset Management LLC now owns 1,268,133 shares of the transportation company's stock valued at $6,610,000 after buying an additional 71,163 shares during the period. AQR Capital Management LLC grew its stake in shares of Controladora Vuela Compania de Aviacion by 322.5% in the 1st quarter. AQR Capital Management LLC now owns 1,280,268 shares of the transportation company's stock valued at $6,683,000 after buying an additional 977,249 shares during the period. Moneda S.A. Administradora General de Fondos grew its stake in shares of Controladora Vuela Compania de Aviacion by 5.3% in the 1st quarter. Moneda S.A. Administradora General de Fondos now owns 294,457 shares of the transportation company's stock valued at $1,537,000 after buying an additional 14,725 shares during the period. American Century Companies Inc. grew its stake in shares of Controladora Vuela Compania de Aviacion by 4.1% in the 1st quarter. American Century Companies Inc. now owns 273,847 shares of the transportation company's stock valued at $1,429,000 after buying an additional 10,706 shares during the period. Finally, Russell Investments Group Ltd. grew its stake in shares of Controladora Vuela Compania de Aviacion by 11.4% in the 1st quarter. Russell Investments Group Ltd. now owns 69,150 shares of the transportation company's stock valued at $373,000 after buying an additional 7,088 shares during the period. 53.32% of the stock is currently owned by institutional investors and hedge funds.

Controladora Vuela Compania de Aviacion 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.

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