Controladora Vuela Compañía de Aviación (NYSE:VLRS) Price Target Raised to $12.00 at Deutsche Bank Aktiengesellschaft

Controladora Vuela Compañía de Aviación (NYSE:VLRS) had its price target raised by Deutsche Bank Aktiengesellschaft from $11.00 to $12.00 in a report released on Tuesday, Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the transportation company’s stock.

VLRS has been the subject of several other reports. TD Cowen decreased their price objective on Controladora Vuela Compañía de Aviación from $16.00 to $11.00 and set an outperform rating for the company in a report on Thursday, February 29th. The Goldman Sachs Group reduced their price target on shares of Controladora Vuela Compañía de Aviación from $12.40 to $11.10 and set a buy rating for the company in a report on Friday, January 26th. Finally, StockNews.com upgraded shares of Controladora Vuela Compañía de Aviación from a hold rating to a buy rating in a research note on Wednesday, February 28th. Six research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of Buy and an average target price of $14.02.

Controladora Vuela Compañía de Aviación Price Performance

Shares of VLRS stock opened at $8.62 on Tuesday. The company has a market capitalization of $756.75 million, a P/E ratio of 8.89 and a beta of 2.55. The company’s 50-day simple moving average is $7.50 and its two-hundred day simple moving average is $7.62. Controladora Vuela Compañía de Aviación has a one year low of $5.52 and a one year high of $15.05. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.73 and a quick ratio of 0.76.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last announced its quarterly earnings data on Monday, February 26th. The transportation company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.02. The company had revenue of $899.00 million for the quarter, compared to analysts’ expectations of $882.80 million. Controladora Vuela Compañía de Aviación had a return on equity of 54.44% and a net margin of 3.40%. During the same quarter in the prior year, the firm earned $0.24 earnings per share. As a group, equities analysts anticipate that Controladora Vuela Compañía de Aviación will post 0.43 EPS for the current year.

Institutional Investors Weigh In On Controladora Vuela Compañía de Aviación

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. acquired a new position in shares of Controladora Vuela Compañía de Aviación during the fourth quarter worth $43,000. EverSource Wealth Advisors LLC increased its position in Controladora Vuela Compañía de Aviación by 174.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 5,229 shares of the transportation company’s stock valued at $49,000 after buying an additional 3,324 shares in the last quarter. Aigen Investment Management LP purchased a new stake in Controladora Vuela Compañía de Aviación in the third quarter valued at about $83,000. Vanguard Personalized Indexing Management LLC boosted its holdings in Controladora Vuela Compañía de Aviación by 14.2% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 14,174 shares of the transportation company’s stock worth $96,000 after acquiring an additional 1,759 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Controladora Vuela Compañía de Aviación during the fourth quarter worth about $169,000. Hedge funds and other institutional investors own 53.32% of the company’s stock.

About Controladora Vuela Compañía de Aviación

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.