Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Receives $13.02 Consensus Price Target from Analysts

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has earned a consensus rating of “Buy” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a buy recommendation. The average 1-year target price among analysts that have covered the stock in the last year is $12.85.

Several equities research analysts recently weighed in on the stock. TD Cowen upped their price objective on shares of Controladora Vuela Compañía de Aviación from $10.00 to $13.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. lifted their price target on shares of Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the stock an “overweight” rating in a report on Tuesday. StockNews.com upgraded shares of Controladora Vuela Compañía de Aviación from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, July 24th. Finally, Barclays reaffirmed an “overweight” rating and set a $12.00 price objective on shares of Controladora Vuela Compañía de Aviación in a research report on Thursday, October 24th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Insigneo Advisory Services LLC bought a new stake in Controladora Vuela Compañía de Aviación in the 2nd quarter valued at $64,000. Aigen Investment Management LP purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the third quarter valued at approximately $92,000. MQS Management LLC purchased a new stake in Controladora Vuela Compañía de Aviación during the third quarter worth $108,000. Inspire Advisors LLC raised its stake in shares of Controladora Vuela Compañía de Aviación by 25.4% during the 3rd quarter. Inspire Advisors LLC now owns 23,941 shares of the transportation company’s stock worth $152,000 after acquiring an additional 4,856 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in Controladora Vuela Compañía de Aviación by 207.3% in the second quarter. Squarepoint Ops LLC now owns 60,709 shares of the transportation company’s stock valued at $386,000 after buying an additional 40,955 shares during the last quarter. Institutional investors own 53.32% of the company’s stock.

Controladora Vuela Compañía de Aviación Trading Down 0.1 %

Shares of NYSE VLRS opened at $7.70 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.70 and a quick ratio of 0.69. Controladora Vuela Compañía de Aviación has a fifty-two week low of $5.15 and a fifty-two week high of $9.67. The company’s 50 day simple moving average is $6.72 and its 200 day simple moving average is $6.76. The firm has a market capitalization of $897.80 million, a P/E ratio of 4.64 and a beta of 2.43.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its earnings results on Wednesday, October 23rd. The transportation company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.13. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. The business had revenue of $813.00 million during the quarter, compared to analysts’ expectations of $795.89 million. During the same period last year, the business earned ($0.33) earnings per share. On average, analysts predict that Controladora Vuela Compañía de Aviación will post 1.12 EPS for the current year.

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.