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

Controladora Vuela Compañía de Aviación (NYSE:VLRS) had its price target upped by analysts at Deutsche Bank Aktiengesellschaft from $11.00 to $12.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 38.25% from the company’s current price.

Several other research firms have also recently commented on VLRS. StockNews.com upgraded Controladora Vuela Compañía de Aviación from a “hold” rating to a “buy” rating in a research note on Wednesday, February 28th. TD Cowen lowered 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. Finally, The Goldman Sachs Group lowered their price objective on 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. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $14.02.

Controladora Vuela Compañía de Aviación Trading Up 2.4 %

NYSE:VLRS opened at $8.68 on Tuesday. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.76 and a current ratio of 0.77. Controladora Vuela Compañía de Aviación has a one year low of $5.52 and a one year high of $15.05. The business’s 50-day simple moving average is $7.45 and its 200 day simple moving average is $7.59. The stock has a market cap of $762.02 million, a price-to-earnings ratio of 124.02 and a beta of 2.55.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its quarterly earnings results on Monday, April 22nd. The transportation company reported $0.29 EPS for the quarter, topping the consensus estimate of ($0.13) by $0.42. Controladora Vuela Compañía de Aviación had a return on equity of 4.51% and a net margin of 0.25%. The business had revenue of $768.00 million for the quarter, compared to analysts’ expectations of $685.84 million. As a group, sell-side analysts predict that Controladora Vuela Compañía de Aviación will post 0.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Controladora Vuela Compañía de Aviación

Institutional investors have recently made changes to their positions in the stock. ANTIPODES PARTNERS Ltd grew its holdings in shares of 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 valued at $8,998,000 after purchasing an additional 918,776 shares during the last quarter. WCM Investment Management LLC grew its holdings in shares of 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 purchasing an additional 570,449 shares during the last quarter. CenterBook Partners LP grew its holdings in shares of Controladora Vuela Compañía de Aviación by 436.9% during the third quarter. CenterBook Partners LP now owns 436,943 shares of the transportation company’s stock valued at $2,967,000 after purchasing an additional 355,555 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Controladora Vuela Compañía de Aviación during the third quarter valued at approximately $214,000. Finally, Moneda S.A. Administradora General de Fondos grew its holdings in shares of Controladora Vuela Compañía de Aviación by 74.9% during the third quarter. Moneda S.A. Administradora General de Fondos now owns 1,036,657 shares of the transportation company’s stock valued at $7,039,000 after purchasing an additional 444,082 shares during the last quarter. 53.32% of the stock is owned by institutional investors.

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.