Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Receives $12.87 Consensus PT from Analysts

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has been assigned an average rating of “Buy” from the six analysts that are currently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a buy recommendation. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $12.52.

A number of equities analysts recently commented on VLRS shares. TD Cowen lowered their target price on Controladora Vuela Compañía de Aviación from $11.00 to $10.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. JPMorgan Chase & Co. lifted their price objective on shares of Controladora Vuela Compañía de Aviación from $17.50 to $18.00 and gave the company an “overweight” rating in a report on Tuesday, May 21st. Morgan Stanley began coverage on shares of Controladora Vuela Compañía de Aviación in a research note on Friday, May 24th. They set an “overweight” rating and a $12.00 target price on the stock. Finally, StockNews.com raised shares of Controladora Vuela Compañía de Aviación from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 24th.

Controladora Vuela Compañía de Aviación Stock Performance

NYSE:VLRS opened at $5.71 on Monday. Controladora Vuela Compañía de Aviación has a fifty-two week low of $5.15 and a fifty-two week high of $10.46. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70. The company has a 50 day moving average price of $6.04 and a 200 day moving average price of $7.06. The stock has a market capitalization of $665.79 million, a P/E ratio of 5.89 and a beta of 2.47.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its quarterly earnings results on Monday, July 22nd. The transportation company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.05 by $0.04. Controladora Vuela Compañía de Aviación had a return on equity of 49.54% and a net margin of 3.58%. The business had revenue of $726.00 million during the quarter, compared to analyst estimates of $739.87 million. Equities research analysts forecast that Controladora Vuela Compañía de Aviación will post 0.86 EPS for the current year.

Institutional Investors Weigh In On Controladora Vuela Compañía de Aviación

A number of large investors have recently modified their holdings of the company. Capital Research Global Investors lifted its position in shares of Controladora Vuela Compañía de Aviación by 45.5% during the 1st quarter. Capital Research Global Investors now owns 4,390,624 shares of the transportation company’s stock worth $32,578,000 after purchasing an additional 1,372,624 shares during the last quarter. Jump Financial LLC lifted its holdings in Controladora Vuela Compañía de Aviación by 74.3% during the 4th quarter. Jump Financial LLC now owns 70,700 shares of the transportation company’s stock worth $663,000 after buying an additional 30,143 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Controladora Vuela Compañía de Aviación by 43.1% during the 1st quarter. BNP Paribas Financial Markets now owns 61,183 shares of the transportation company’s stock worth $454,000 after acquiring an additional 18,433 shares in the last quarter. Simplex Trading LLC increased its holdings in shares of Controladora Vuela Compañía de Aviación by 602.6% in the 4th quarter. Simplex Trading LLC now owns 52,258 shares of the transportation company’s stock valued at $490,000 after acquiring an additional 44,820 shares during the last quarter. Finally, Par Capital Management Inc. raised its position in shares of Controladora Vuela Compañía de Aviación by 3,928.4% during the 4th quarter. Par Capital Management Inc. now owns 2,205,000 shares of the transportation company’s stock worth $20,683,000 after acquiring an additional 2,150,263 shares in the last quarter. 53.32% of the stock is owned by hedge funds and other 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.