Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Given Consensus Rating of "Buy" by Analysts

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS - Get Free Report) has been assigned an average recommendation of "Buy" from the seven analysts that are currently covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a buy rating. The average 12-month target price among brokers that have issued a report on the stock in the last year is $13.01.

Several research analysts recently issued reports on VLRS shares. StockNews.com downgraded shares of Controladora Vuela Compañía de Aviación from a "strong-buy" rating to a "buy" rating in a research report on Thursday. Barclays reiterated an "overweight" rating and set a $12.00 price target on shares of Controladora Vuela Compañía de Aviación in a research report on Thursday, October 24th. JPMorgan Chase & Co. upped their price target on shares of Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 12th. 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. Finally, TD Cowen upped their price target on shares of Controladora Vuela Compañía de Aviación from $10.00 to $13.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd.

Controladora Vuela Compañía de Aviación Stock Performance

VLRS stock traded up $0.02 on Thursday, reaching $8.92. 281,562 shares of the company were exchanged, compared to its average volume of 521,904. The firm has a market capitalization of $1.04 billion, a PE ratio of 5.36 and a beta of 2.42. 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's fifty day moving average price is $8.04 and its 200 day moving average price is $6.96. Controladora Vuela Compañía de Aviación has a 12 month low of $5.15 and a 12 month high of $9.57.

Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $813.00 million for the quarter, compared to analyst estimates of $795.89 million. During the same quarter in the previous year, the firm posted ($0.33) EPS. On average, research analysts anticipate that Controladora Vuela Compañía de Aviación will post 1.19 EPS for the current fiscal year.

Hedge Funds Weigh In On Controladora Vuela Compañía de Aviación

A number of large investors have recently bought and sold shares of the company. R Squared Ltd acquired a new position in Controladora Vuela Compañía de Aviación during the 4th quarter worth approximately $68,000. XTX Topco Ltd acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the 3rd quarter valued at approximately $212,000. Stifel Financial Corp boosted its holdings in shares of 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. Quadrature Capital Ltd acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the 3rd quarter valued at approximately $130,000. Finally, Centiva Capital LP acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the 3rd quarter valued at approximately $320,000. 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.