Controladora Vuela Compañía de Aviación (NYSE:VLRS) PT Raised to $12.00

Controladora Vuela Compañía de Aviación (NYSE:VLRS) had its price target upped by Barclays from $9.00 to $12.00 in a research note released on Wednesday, Benzinga reports. Barclays currently has an overweight rating on the transportation company’s stock.

A number of other research analysts have also weighed in on VLRS. Deutsche Bank Aktiengesellschaft increased their price objective on Controladora Vuela Compañía de Aviación from $11.00 to $12.00 and gave the company a buy rating in a report on Tuesday, April 23rd. TD Cowen cut their price objective on Controladora Vuela Compañía de Aviación from $16.00 to $11.00 and set an outperform rating on the stock in a report on Thursday, February 29th. StockNews.com raised Controladora Vuela Compañía de Aviación from a hold rating to a buy rating in a report on Wednesday, February 28th. Finally, The Goldman Sachs Group cut their price objective on Controladora Vuela Compañía de Aviación from $12.40 to $11.10 and set a buy rating on the stock in a report on Friday, January 26th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of Buy and a consensus target price of $14.02.

Controladora Vuela Compañía de Aviación Trading Down 1.8 %

Controladora Vuela Compañía de Aviación stock opened at $8.62 on Wednesday. The stock has a 50-day moving average of $7.50 and a two-hundred day moving average of $7.62. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.76 and a current ratio of 0.73. Controladora Vuela Compañía de Aviación has a one year low of $5.52 and a one year high of $15.05. The stock has a market cap of $756.75 million, a PE ratio of 8.89 and a beta of 2.55.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its quarterly earnings results on Monday, February 26th. The transportation company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.02. Controladora Vuela Compañía de Aviación had a return on equity of 54.44% and a net margin of 3.40%. The company had revenue of $899.00 million during the quarter, compared to analysts’ expectations of $882.80 million. During the same period last year, the business posted $0.24 earnings per share. On average, research analysts anticipate that Controladora Vuela Compañía de Aviación will post 0.43 EPS for the current fiscal year.

Institutional Trading of Controladora Vuela Compañía de Aviación

Several hedge funds and other institutional investors have recently bought and sold shares of VLRS. Benjamin F. Edwards & Company Inc. acquired a new stake in Controladora Vuela Compañía de Aviación during the fourth quarter worth about $43,000. EverSource Wealth Advisors LLC grew its holdings in Controladora Vuela Compañía de Aviación by 174.5% during the fourth quarter. EverSource Wealth Advisors LLC now owns 5,229 shares of the transportation company’s stock worth $49,000 after acquiring an additional 3,324 shares during the period. Aigen Investment Management LP acquired a new stake in Controladora Vuela Compañía de Aviación during the third quarter worth about $83,000. Vanguard Personalized Indexing Management LLC grew its holdings in Controladora Vuela Compañía de Aviación by 14.2% during 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 during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Controladora Vuela Compañía de Aviación during the fourth quarter worth about $169,000. 53.32% of the stock is owned by institutional investors and hedge funds.

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.