Controladora Vuela Compañía de Aviación, S.A.B. de C.V., through its subsidiaries, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 410 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, and 3 cities in Central America. As of December 31, 2020, it operated through a fleet of 86 aircraft. The company also offers merchandising, recruitment and payroll, travel agency, and loyalty program services. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. was incorporated in 2005 and is headquartered in Mexico City, Mexico.
Controladora Vuela Compañía de Aviación Trading Up 6.1 %
NYSE:VLRS opened at $9.94 on Monday. Controladora Vuela Compañía de Aviación has a twelve month low of $8.67 and a twelve month high of $23.32. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.78 and a current ratio of 0.79. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of -35.50 and a beta of 2.45. The firm's 50 day moving average price is $10.96 and its two-hundred day moving average price is $14.84.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on the stock. Citigroup decreased their price objective on shares of Controladora Vuela Compañía de Aviación from $23.00 to $20.00 and set a "buy" rating for the company in a report on Monday, July 11th. JPMorgan Chase & Co. assumed coverage on shares of Controladora Vuela Compañía de Aviación in a report on Monday, June 6th. They set an "overweight" rating and a $23.00 target price for the company. Barclays reduced their target price on shares of Controladora Vuela Compañía de Aviación from $27.00 to $16.00 and set an "overweight" rating for the company in a report on Wednesday, July 6th. Evercore ISI reduced their target price on shares of Controladora Vuela Compañía de Aviación from $30.00 to $20.00 and set an "outperform" rating for the company in a report on Monday, June 27th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Controladora Vuela Compañía de Aviación from $30.00 to $20.00 in a report on Tuesday, July 19th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $20.67.