Controladora Vuela Compañía de Aviación (NYSE:VLRS) Price Target Lowered to $13.00 at JPMorgan Chase & Co.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) had its price objective cut by investment analysts at JPMorgan Chase & Co. from $15.00 to $13.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has an "overweight" rating on the transportation company's stock. JPMorgan Chase & Co.'s price target suggests a potential upside of 177.19% from the stock's current price.

Several other research analysts have also issued reports on VLRS. Citigroup dropped their price target on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. UBS Group boosted their price target on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, January 7th. Itau BBA Securities initiated coverage on Controladora Vuela Compañía de Aviación in a research note on Wednesday, February 12th. They set an "outperform" rating and a $12.00 price objective for the company. Finally, StockNews.com downgraded shares of Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a research note on Wednesday, February 26th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $11.43.

Controladora Vuela Compañía de Aviación Price Performance

Shares of VLRS stock opened at $4.69 on Monday. Controladora Vuela Compañía de Aviación has a 12 month low of $4.32 and a 12 month high of $9.00. The company has a market capitalization of $546.84 million, a P/E ratio of 2.83 and a beta of 2.17. The stock has a 50 day moving average of $5.52 and a two-hundred day moving average of $7.03. 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 - Get Free Report) last issued its earnings results on Monday, February 24th. The transportation company reported $0.39 EPS for the quarter, missing analysts' consensus estimates of $0.55 by ($0.16). Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. The firm had revenue of $835.00 million during the quarter, compared to analyst estimates of $709.48 million. As a group, equities analysts expect that Controladora Vuela Compañía de Aviación will post 1.21 EPS for the current year.

Institutional Trading of Controladora Vuela Compañía de Aviación

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Stifel Financial Corp boosted its position in Controladora Vuela Compañía de Aviación by 9.0% in the 3rd quarter. Stifel Financial Corp now owns 38,092 shares of the transportation company's stock valued at $241,000 after buying an additional 3,135 shares during the last quarter. R Squared Ltd bought a new position in Controladora Vuela Compañía de Aviación in the fourth quarter valued at about $68,000. WCM Investment Management LLC boosted its holdings in Controladora Vuela Compañía de Aviación by 13.3% in the fourth quarter. WCM Investment Management LLC now owns 2,479,591 shares of the transportation company's stock valued at $18,423,000 after acquiring an additional 291,252 shares during the last quarter. MMA Asset Management LLC acquired a new stake in Controladora Vuela Compañía de Aviación in the fourth quarter worth about $112,000. Finally, Victory Capital Management Inc. lifted its position in Controladora Vuela Compañía de Aviación by 146.0% during the 4th quarter. Victory Capital Management Inc. now owns 184,952 shares of the transportation company's stock valued at $1,376,000 after purchasing an additional 109,776 shares during the period. 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.