Brokerages Set Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) PT at $13.02

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) has earned an average rating of "Buy" from the six analysts that are currently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a buy recommendation. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $13.02.

VLRS has been the topic of several research reports. StockNews.com upgraded shares of Controladora Vuela Compañía de Aviación from a "buy" rating to a "strong-buy" rating in a report on Wednesday, July 24th. TD Cowen upped their price target on Controladora Vuela Compañía de Aviación from $10.00 to $13.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Finally, Barclays reiterated an "overweight" rating and issued a $12.00 price target on shares of Controladora Vuela Compañía de Aviación in a report on Thursday, October 24th.

Controladora Vuela Compañía de Aviación Trading Up 0.3 %

NYSE VLRS traded up $0.02 during trading hours on Friday, hitting $7.59. 726,386 shares of the company's stock were exchanged, compared to its average volume of 615,939. The firm has a market cap of $884.98 million, a price-to-earnings ratio of 4.57 and a beta of 2.43. The stock has a 50-day simple moving average of $6.64 and a 200 day simple moving average of $6.80. 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 has a 1-year low of $5.15 and a 1-year high of $9.67.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The transportation company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.19 by $0.13. 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 $813.00 million during the quarter, compared to the consensus estimate of $795.89 million. During the same quarter last year, the firm posted ($0.33) EPS. On average, equities analysts forecast that Controladora Vuela Compañía de Aviación will post 1.12 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Capital Research Global Investors lifted its position in shares of Controladora Vuela Compañía de Aviación by 45.5% during the first quarter. Capital Research Global Investors now owns 4,390,624 shares of the transportation company's stock valued at $32,578,000 after purchasing an additional 1,372,624 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Controladora Vuela Compañía de Aviación during the 2nd quarter worth approximately $1,338,000. Perpetual Ltd lifted its position in shares of Controladora Vuela Compañía de Aviación by 30.9% during the 3rd quarter. Perpetual Ltd now owns 446,958 shares of the transportation company's stock worth $2,829,000 after buying an additional 105,570 shares in the last quarter. AQR Capital Management LLC purchased a new position in shares of Controladora Vuela Compañía de Aviación in the 2nd quarter worth approximately $408,000. Finally, Squarepoint Ops LLC grew its holdings in shares of Controladora Vuela Compañía de Aviación by 207.3% in the second quarter. Squarepoint Ops LLC now owns 60,709 shares of the transportation company's stock valued at $386,000 after acquiring an additional 40,955 shares in the last quarter. Institutional investors 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.