Controladora Vuela Compañía de Aviación (NYSE:VLRS - Get Free Report) announced its earnings results on Tuesday. The transportation company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.13, Zacks reports. Controladora Vuela Compañía de Aviación had a return on equity of 49.54% and a net margin of 3.58%. The business had revenue of $813.00 million during the quarter, compared to analysts' expectations of $795.89 million. During the same quarter last year, the business posted ($0.33) earnings per share.
Controladora Vuela Compañía de Aviación Trading Down 1.4 %
VLRS traded down $0.10 during trading on Wednesday, reaching $7.07. The company had a trading volume of 1,170,041 shares, compared to its average volume of 596,632. The firm's 50-day simple moving average is $6.25 and its 200 day simple moving average is $6.81. The company has a market cap of $824.35 million, a price-to-earnings ratio of 7.29 and a beta of 2.46. Controladora Vuela Compañía de Aviación has a 12-month low of $5.15 and a 12-month high of $9.67. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on VLRS. StockNews.com raised Controladora Vuela Compañía de Aviación from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, July 24th. TD Cowen raised their target price on Controladora Vuela Compañía de Aviación from $10.00 to $13.00 and gave the company a "buy" rating in a research note on Tuesday. Six analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Controladora Vuela Compañía de Aviación has a consensus rating of "Buy" and a consensus target price of $13.02.
Check Out Our Latest Stock Report on Controladora Vuela Compañía de Aviación
Controladora Vuela Compañía de Aviación Company Profile
(
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
