Controladora Vuela Compañía de Aviación (NYSE:VLRS) Releases Earnings Results, Misses Estimates By $0.16 EPS

Controladora Vuela Compañía de Aviación (NYSE:VLRS) issued its quarterly earnings results on Monday. The transportation company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.16), Zacks reports. Controladora Vuela Compañía de Aviación had a return on equity of 71.50% and a net margin of 5.99%.

Controladora Vuela Compañía de Aviación Trading Down 8.2 %

NYSE VLRS opened at $7.76 on Monday. The firm has a market cap of $904.23 million, a P/E ratio of 4.67 and a beta of 2.45. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.70 and a quick ratio of 0.69. The stock’s 50-day moving average is $8.11 and its 200-day moving average is $7.28. Controladora Vuela Compañía de Aviación has a one year low of $5.15 and a one year high of $9.57.

Analyst Ratings Changes

Several research firms have issued reports on VLRS. UBS Group increased their price objective on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. StockNews.com lowered Controladora Vuela Compañía de Aviación from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 23rd. Itau BBA Securities initiated coverage on Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 price target on the stock. Finally, JPMorgan Chase & Co. raised their price target on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Controladora Vuela Compañía de Aviación has a consensus rating of “Buy” and an average price target of $13.14.

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.