Analysts Set Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) PT at $12.85

Shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRSGet Free Report) have earned a consensus rating of “Buy” from the six analysts that are presently covering the stock, MarketBeat reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $12.85.

Several research firms recently commented on VLRS. Barclays reiterated an “overweight” rating and issued a $12.00 price target on shares of Controladora Vuela Compañía de Aviación in a research note on Thursday, October 24th. JPMorgan Chase & Co. upped their target price on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. Finally, TD Cowen raised their price target 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.

Read Our Latest Analysis on VLRS

Institutional Trading of Controladora Vuela Compañía de Aviación

Several hedge funds have recently added to or reduced their stakes in VLRS. Perpetual Ltd lifted its stake in shares of Controladora Vuela Compañía de Aviación by 30.9% in the 3rd quarter. Perpetual Ltd now owns 446,958 shares of the transportation company’s stock worth $2,829,000 after acquiring an additional 105,570 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Controladora Vuela Compañía de Aviación during the second quarter worth approximately $1,338,000. Insigneo Advisory Services LLC acquired a new stake in Controladora Vuela Compañía de Aviación in the second quarter worth approximately $64,000. Squarepoint Ops LLC boosted its stake in Controladora Vuela Compañía de Aviación by 207.3% during the 2nd quarter. Squarepoint Ops LLC now owns 60,709 shares of the transportation company’s stock valued at $386,000 after purchasing an additional 40,955 shares in the last quarter. Finally, American Century Companies Inc. increased its position in shares of Controladora Vuela Compañía de Aviación by 2.7% during the 2nd quarter. American Century Companies Inc. now owns 208,355 shares of the transportation company’s stock valued at $1,325,000 after purchasing an additional 5,461 shares during the period. Institutional investors own 53.32% of the company’s stock.

Controladora Vuela Compañía de Aviación Trading Up 0.5 %

NYSE VLRS opened at $8.48 on Wednesday. The firm has a market capitalization of $988.75 million, a price-to-earnings ratio of 5.11 and a beta of 2.42. 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 has a one year low of $5.15 and a one year high of $9.67. The company’s 50 day moving average price is $7.29 and its 200 day moving average price is $6.70.

Controladora Vuela Compañía de Aviación (NYSE:VLRSGet Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.13. Controladora Vuela Compañía de Aviación had a return on equity of 71.50% and a net margin of 5.99%. The firm had revenue of $813.00 million during the quarter, compared to the consensus estimate of $795.89 million. During the same period in the prior year, the firm earned ($0.33) EPS. On average, sell-side analysts predict that Controladora Vuela Compañía de Aviación will post 1.19 EPS for the current year.

Controladora Vuela Compañía de Aviación Company Profile

(Get Free Report

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.

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Analyst Recommendations for Controladora Vuela Compañía de Aviación (NYSE:VLRS)

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