Controladora Vuela Compañía de Aviación (NYSE:VLRS) Price Target Raised to $12.00 at Barclays

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Free Report) had its price objective boosted by Barclays from $9.00 to $12.00 in a report published on Wednesday morning, Benzinga reports. The firm currently has an overweight rating on the transportation company's stock.

A number of other equities analysts have also issued reports on VLRS. TD Cowen decreased their target price on shares of Controladora Vuela Compañía de Aviación from $16.00 to $11.00 and set an outperform rating for the company in a research report on Thursday, February 29th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Controladora Vuela Compañía de Aviación from $11.00 to $12.00 and gave the company a buy rating in a report on Tuesday. The Goldman Sachs Group cut their price target on shares of Controladora Vuela Compañía de Aviación from $12.40 to $11.10 and set a buy rating for the company in a report on Friday, January 26th. Finally, StockNews.com raised shares of Controladora Vuela Compañía de Aviación from a hold rating to a buy rating in a report on Wednesday, February 28th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of Buy and a consensus price target of $14.02.

Controladora Vuela Compañía de Aviación Stock Performance

Shares of Controladora Vuela Compañía de Aviación stock traded up $0.20 during trading on Wednesday, hitting $8.68. 959,748 shares of the stock were exchanged, compared to its average volume of 511,523. The stock's fifty day moving average is $7.43 and its 200 day moving average is $7.59. The stock has a market cap of $762.02 million, a PE ratio of 125.16 and a beta of 2.55. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.76 and a current ratio of 0.77. Controladora Vuela Compañía de Aviación has a 12 month low of $5.52 and a 12 month high of $15.05.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last announced its earnings results on Monday, April 22nd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.42. The firm had revenue of $768.00 million during the quarter, compared to analyst estimates of $685.84 million. Controladora Vuela Compañía de Aviación had a net margin of 0.25% and a return on equity of 4.51%. As a group, sell-side analysts anticipate that Controladora Vuela Compañía de Aviación will post 0.19 EPS for the current year.

Institutional Trading of Controladora Vuela Compañía de Aviación

A number of hedge funds have recently bought and sold shares of VLRS. Par Capital Management Inc. lifted its stake in Controladora Vuela Compañía de Aviación by 3,928.4% during the fourth quarter. Par Capital Management Inc. now owns 2,205,000 shares of the transportation company's stock valued at $20,683,000 after buying an additional 2,150,263 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its holdings in shares of Controladora Vuela Compañía de Aviación by 2,264.7% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 959,345 shares of the transportation company's stock valued at $8,998,000 after purchasing an additional 918,776 shares during the period. WCM Investment Management LLC increased its holdings in shares of Controladora Vuela Compañía de Aviación by 51.4% in the 4th quarter. WCM Investment Management LLC now owns 1,679,395 shares of the transportation company's stock valued at $15,971,000 after purchasing an additional 570,449 shares during the period. Fiera Capital Corp acquired a new position in Controladora Vuela Compañía de Aviación in the third quarter worth approximately $3,764,000. Finally, Moneda S.A. Administradora General de Fondos increased its holdings in Controladora Vuela Compañía de Aviación by 74.9% in the third quarter. Moneda S.A. Administradora General de Fondos now owns 1,036,657 shares of the transportation company's stock worth $7,039,000 after buying an additional 444,082 shares during the last quarter. 53.32% of the stock is owned by hedge funds and other 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.