Controladora Vuela Compañía de Aviación (NYSE:VLRS) Posts Earnings Results, Misses Estimates By $0.16 EPS

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) announced its earnings results on Monday. The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.55 by ($0.16), Zacks reports. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. 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 Price Performance

Shares of NYSE:VLRS traded down $0.07 on Thursday, reaching $6.34. 738,864 shares of the company traded hands, compared to its average volume of 597,078. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.70 and a quick ratio of 0.69. The stock has a market capitalization of $738.65 million, a PE ratio of 3.82 and a beta of 2.45. The company's 50 day moving average is $8.00 and its 200-day moving average is $7.29. Controladora Vuela Compañía de Aviación has a fifty-two week low of $5.15 and a fifty-two week high of $9.57.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on VLRS shares. StockNews.com lowered shares of Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a research note on Wednesday. Itau BBA Securities assumed 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 target for the company. UBS Group boosted their price objective on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a "buy" rating in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. upped their price objective on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an "overweight" rating in a report on Tuesday, November 12th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, Controladora Vuela Compañía de Aviación presently has a consensus rating of "Moderate Buy" and a consensus price target of $13.14.

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.