Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.30 and traded as low as $5.50. Controladora Vuela Compañía de Aviación shares last traded at $5.51, with a volume of 1,554,299 shares traded.
Analyst Ratings Changes
A number of research analysts have recently weighed in on VLRS shares. StockNews.com cut Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. UBS Group upped their price target on shares of 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. Itau BBA Securities started 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 objective on the stock. 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 for the company in a report on Wednesday, March 5th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Controladora Vuela Compañía de Aviación presently has a consensus rating of "Moderate Buy" and an average price target of $12.88.
Check Out Our Latest Stock Report on Controladora Vuela Compañía de Aviación
Controladora Vuela Compañía de Aviación Stock Down 2.9 %
The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 1.09. The company's 50 day moving average is $7.02 and its two-hundred day moving average is $7.29. The company has a market capitalization of $610.39 million, a PE ratio of 3.15 and a beta of 2.48.
Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last released its quarterly earnings results on Monday, February 24th. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.16). The firm had revenue of $835.00 million for the quarter, compared to analysts' expectations of $709.48 million. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. On average, analysts anticipate that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 1.21 earnings per share for the current year.
Institutional Investors Weigh In On Controladora Vuela Compañía de Aviación
Hedge funds have recently bought and sold shares of the business. Tower Research Capital LLC TRC increased its holdings in shares of Controladora Vuela Compañía de Aviación by 34.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 6,396 shares of the transportation company's stock worth $48,000 after buying an additional 1,641 shares during the last quarter. R Squared Ltd bought a new stake in Controladora Vuela Compañía de Aviación during the 4th quarter valued at about $68,000. Prudential Financial Inc. purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at approximately $79,000. Sei Investments Co. purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the 4th quarter worth $79,000. Finally, MMA Asset Management LLC purchased a new stake in Controladora Vuela Compañía de Aviación in the fourth quarter worth about $112,000. Hedge funds and other institutional investors own 53.32% of the company's stock.
About Controladora Vuela Compañía de Aviación
(
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.
Featured Articles
Before you consider Controladora Vuela Compañía de Aviación, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Controladora Vuela Compañía de Aviación wasn't on the list.
While Controladora Vuela Compañía de Aviación currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
