Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Receives $12.88 Average Target Price from Analysts

Shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) have been assigned a consensus rating of “Buy” from the eight brokerages that are presently covering the stock, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a buy recommendation. The average 1-year target price among brokers that have covered the stock in the last year is $12.88.

Several brokerages have recently issued reports on VLRS. StockNews.com downgraded Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Itau BBA Securities assumed coverage on Controladora Vuela Compañía de Aviación in a research report on Wednesday, February 12th. They set an “outperform” rating and a $12.00 target price on the stock. UBS Group lifted their target price on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Finally, Citigroup decreased their target price on Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating on the stock in a research report on Wednesday, March 5th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC grew its holdings in Controladora Vuela Compañía de Aviación by 34.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 6,396 shares of the transportation company’s stock worth $48,000 after acquiring an additional 1,641 shares during the period. Stifel Financial Corp grew its holdings in Controladora Vuela Compañía de Aviación by 9.0% during the 3rd quarter. Stifel Financial Corp now owns 38,092 shares of the transportation company’s stock worth $241,000 after acquiring an additional 3,135 shares during the period. R Squared Ltd acquired a new stake in Controladora Vuela Compañía de Aviación during the 4th quarter worth $68,000. Prudential Financial Inc. acquired a new stake in Controladora Vuela Compañía de Aviación during the 4th quarter worth $79,000. Finally, Sei Investments Co. acquired a new stake in Controladora Vuela Compañía de Aviación during the 4th quarter worth $79,000. Institutional investors own 53.32% of the company’s stock.

Controladora Vuela Compañía de Aviación Trading Up 4.4 %

Shares of NYSE:VLRS opened at $5.55 on Friday. The company has a market cap of $646.54 million, a P/E ratio of 3.34 and a beta of 2.48. The stock’s 50-day moving average is $7.59 and its 200-day moving average is $7.33. Controladora Vuela Compañía de Aviación has a 52-week low of $5.15 and a 52-week high of $9.57. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last issued its quarterly earnings results on Monday, February 24th. The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by ($0.16). The business had revenue of $835.00 million during the quarter, compared to analyst estimates of $709.48 million. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. Equities research analysts predict that Controladora Vuela Compañía de Aviación will post 1.21 earnings per share for the current year.

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.