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

Shares of Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) have been given a consensus rating of “Buy” by the eight research firms that are presently covering the company, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $12.88.

VLRS has been the topic of several analyst reports. Itau BBA Securities initiated coverage on shares of Controladora Vuela Compañía de Aviación in a research report on Wednesday, February 12th. They set an “outperform” rating and a $12.00 price target on the stock. UBS Group upped their target price on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. StockNews.com cut shares of Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a report on Wednesday, February 26th. Finally, Citigroup dropped their target price on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th.

Controladora Vuela Compañía de Aviación Trading Up 4.4 %

VLRS opened at $5.55 on Friday. The stock has a market capitalization of $646.54 million, a P/E ratio of 3.34 and a beta of 2.48. Controladora Vuela Compañía de Aviación has a 12 month low of $5.15 and a 12 month high of $9.57. The firm’s fifty day simple moving average is $7.59 and its 200 day simple moving average is $7.33. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.09.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VLRS. Tower Research Capital LLC TRC grew its position in shares of 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 purchasing an additional 1,641 shares in the last quarter. R Squared Ltd acquired a new stake in shares of Controladora Vuela Compañía de Aviación during the 4th quarter worth approximately $68,000. Prudential Financial Inc. acquired a new stake in shares of Controladora Vuela Compañía de Aviación during the 4th quarter worth approximately $79,000. Sei Investments Co. acquired a new stake in shares of Controladora Vuela Compañía de Aviación during the 4th quarter worth approximately $79,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Controladora Vuela Compañía de Aviación during the 3rd quarter worth approximately $92,000. Institutional investors and hedge funds own 53.32% of the company’s stock.

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.