Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Controladora Vuela Compania de Aviacion has a consensus rating of "Moderate Buy" from analysts, with four hold ratings and four buy ratings issued by research firms.
• The company's **average 1-year price target** set by brokers is **$7.4375** following recent revisions from firms like UBS and Goldman Sachs.
• Controladora Vuela reported a **$0.54 loss** per share in its latest quarterly earnings, beating analysts' expectations, with revenues of **$693 million** exceeding estimates of $664 million.

Shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) have been given a consensus rating of "Moderate Buy" by the eight analysts that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $7.4375.

A number of equities analysts have recently issued reports on VLRS shares. Wall Street Zen cut Controladora Vuela Compania de Aviacion from a "hold" rating to a "sell" rating in a report on Sunday, August 24th. The Goldman Sachs Group decreased their price objective on Controladora Vuela Compania de Aviacion from $9.60 to $8.60 and set a "buy" rating on the stock in a report on Tuesday, June 10th. UBS Group lifted their price target on shares of Controladora Vuela Compania de Aviacion from $6.00 to $8.00 and gave the stock a "buy" rating in a research note on Thursday, July 31st. TD Cowen lifted their price target on shares of Controladora Vuela Compania de Aviacion from $6.00 to $7.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Finally, Citigroup downgraded shares of Controladora Vuela Compania de Aviacion from a "buy" rating to a "neutral" rating and set a $7.00 price target on the stock. in a research note on Friday, August 22nd.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC raised its stake in shares of Controladora Vuela Compania de Aviacion 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 acquiring an additional 1,641 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Controladora Vuela Compania de Aviacion by 11.4% during the first quarter. Russell Investments Group Ltd. now owns 69,150 shares of the transportation company's stock worth $373,000 after acquiring an additional 7,088 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Controladora Vuela Compania de Aviacion by 2.8% during the second quarter. American Century Companies Inc. now owns 281,473 shares of the transportation company's stock worth $1,337,000 after acquiring an additional 7,626 shares in the last quarter. Inspire Advisors LLC raised its stake in shares of Controladora Vuela Compania de Aviacion by 44.7% during the second quarter. Inspire Advisors LLC now owns 25,681 shares of the transportation company's stock worth $122,000 after acquiring an additional 7,929 shares in the last quarter. Finally, Inspire Investing LLC purchased a new position in shares of Controladora Vuela Compania de Aviacion in the second quarter worth $55,000. 53.32% of the stock is owned by hedge funds and other institutional investors.

Controladora Vuela Compania de Aviacion Price Performance

Controladora Vuela Compania de Aviacion stock traded up $0.23 during mid-day trading on Friday, hitting $6.15. 172,006 shares of the company traded hands, compared to its average volume of 951,732. Controladora Vuela Compania de Aviacion has a one year low of $3.49 and a one year high of $9.00. The stock has a market cap of $716.61 million, a price-to-earnings ratio of -22.80 and a beta of 2.00. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.68 and a current ratio of 0.69. The stock has a fifty day moving average price of $5.52 and a 200-day moving average price of $5.09.

Controladora Vuela Compania de Aviacion (NYSE:VLRS - Get Free Report) last posted its quarterly earnings data on Monday, July 21st. The transportation company reported ($0.54) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.75) by $0.21. Controladora Vuela Compania de Aviacion had a negative net margin of 1.03% and a negative return on equity of 9.89%. The company had revenue of $693.00 million during the quarter, compared to the consensus estimate of $664.01 million. During the same period in the previous year, the firm posted $0.09 EPS. On average, equities analysts predict that Controladora Vuela Compania de Aviacion will post 1.21 earnings per share for the current fiscal year.

About Controladora Vuela Compania de Aviacion

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.