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

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) has been assigned an average rating of "Buy" from the eight research firms that are covering the firm, Marketbeat.com reports. Eight equities research analysts have rated the stock with a buy rating. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $12.88.

Several research firms have weighed in on VLRS. StockNews.com cut Controladora Vuela Compañía de Aviación from a "buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Itau BBA Securities started coverage on 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. Citigroup reduced their price target on Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a "buy" rating on the stock in a research note on Wednesday, March 5th. Finally, UBS Group raised their price objective on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a "buy" rating in a research report on Tuesday, January 7th.

Hedge Funds Weigh In On Controladora Vuela Compañía de Aviación

Large investors have recently modified their holdings of the stock. WCM Investment Management LLC increased its position in shares of Controladora Vuela Compañía de Aviación by 13.3% during 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 in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in shares of Controladora Vuela Compañía de Aviación in the 4th quarter worth $14,786,000. Mackenzie Financial Corp bought a new stake in shares of Controladora Vuela Compañía de Aviación in the 4th quarter worth $4,550,000. Renaissance Group LLC raised its stake in shares of Controladora Vuela Compañía de Aviación by 33.7% in the fourth quarter. Renaissance Group LLC now owns 315,278 shares of the transportation company's stock worth $2,346,000 after purchasing an additional 79,417 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Controladora Vuela Compañía de Aviación during the fourth quarter valued at $2,106,000. Hedge funds and other institutional investors own 53.32% of the company's stock.

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Controladora Vuela Compañía de Aviación Trading Down 0.7 %

Shares of Controladora Vuela Compañía de Aviación stock traded down $0.03 during midday trading on Tuesday, reaching $4.67. 639,050 shares of the company's stock traded hands, compared to its average volume of 720,042. The stock has a 50 day moving average of $6.20 and a 200-day moving average of $7.16. Controladora Vuela Compañía de Aviación has a 12 month low of $4.39 and a 12 month high of $9.57. The company has a market cap of $544.05 million, a PE ratio of 2.81 and a beta of 2.17. 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 (NYSE:VLRS - Get Free Report) last issued 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 return on equity of 71.50% and a net margin of 5.99%. As a group, equities analysts expect that Controladora Vuela Compañía de Aviación will post 1.21 EPS for the current fiscal year.

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.