Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Receives $13.01 Average PT from Analysts

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has been assigned an average recommendation of “Buy” from the seven analysts that are currently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 12 month price objective among brokerages that have covered the stock in the last year is $13.01.

A number of analysts have recently weighed in on the company. Barclays raised their price objective on Controladora Vuela Compañía de Aviación from $9.00 to $12.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 24th. Morgan Stanley assumed coverage on Controladora Vuela Compañía de Aviación in a research note on Friday, May 24th. They set an “overweight” rating and a $12.00 price target on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Controladora Vuela Compañía de Aviación from $11.00 to $12.00 and gave the company a “buy” rating in a research report on Tuesday, April 23rd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Controladora Vuela Compañía de Aviación from $17.50 to $18.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 21st.

Hedge Funds Weigh In On Controladora Vuela Compañía de Aviación

Several hedge funds and other institutional investors have recently bought and sold shares of VLRS. Quadrature Capital Ltd acquired a new stake in Controladora Vuela Compañía de Aviación during the 3rd quarter worth about $214,000. American Trust boosted its stake in shares of Controladora Vuela Compañía de Aviación by 7.8% in the third quarter. American Trust now owns 25,365 shares of the transportation company’s stock worth $172,000 after buying an additional 1,837 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its holdings in Controladora Vuela Compañía de Aviación by 2,264.7% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 959,345 shares of the transportation company’s stock worth $8,998,000 after acquiring an additional 918,776 shares during the period. WCM Investment Management LLC raised its position in Controladora Vuela Compañía de Aviación by 51.4% during the fourth quarter. WCM Investment Management LLC now owns 1,679,395 shares of the transportation company’s stock valued at $15,971,000 after acquiring an additional 570,449 shares in the last quarter. Finally, Moneda S.A. Administradora General de Fondos lifted its holdings in Controladora Vuela Compañía de Aviación by 11.2% in the fourth quarter. Moneda S.A. Administradora General de Fondos now owns 1,152,956 shares of the transportation company’s stock valued at $10,815,000 after acquiring an additional 116,299 shares during the period. Institutional investors and hedge funds own 53.32% of the company’s stock.

Controladora Vuela Compañía de Aviación Price Performance

VLRS opened at $6.43 on Friday. The firm has a market capitalization of $749.74 million, a PE ratio of 6.63 and a beta of 2.47. The business’s 50-day moving average is $7.32 and its two-hundred day moving average is $7.69. Controladora Vuela Compañía de Aviación has a 1 year low of $5.52 and a 1 year high of $14.07. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.73 and a quick ratio of 0.72.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last posted its quarterly earnings data on Monday, April 22nd. The transportation company reported $0.29 EPS for the quarter, topping the consensus estimate of ($0.13) by $0.42. The firm had revenue of $768.00 million during the quarter, compared to analyst estimates of $685.84 million. Controladora Vuela Compañía de Aviación had a net margin of 3.40% and a return on equity of 54.46%. Research analysts anticipate that Controladora Vuela Compañía de Aviación will post 0.69 earnings per share 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.