Brokerages Set Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) PT at $12.22

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has earned an average rating of “Buy” from the six analysts that are currently covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a buy rating. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $13.18.

Several research firms recently commented on VLRS. The Goldman Sachs Group decreased 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. Deutsche Bank Aktiengesellschaft raised their price target on shares of Controladora Vuela Compañía de Aviación from $11.00 to $12.00 and gave the stock a “buy” rating in a report on Tuesday, April 23rd. TD Cowen decreased their price target on shares of 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. 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. Finally, JPMorgan Chase & Co. lifted their target price on shares of Controladora Vuela Compañía de Aviación from $17.50 to $18.00 and gave the company an “overweight” rating in a research note on Tuesday.

Institutional Investors Weigh In On Controladora Vuela Compañía de Aviación

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC increased its holdings in Controladora Vuela Compañía de Aviación by 14.2% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 14,174 shares of the transportation company’s stock valued at $96,000 after buying an additional 1,759 shares during the period. American Trust boosted its stake in shares of Controladora Vuela Compañía de Aviación by 7.8% in the 3rd quarter. American Trust now owns 25,365 shares of the transportation company’s stock valued at $172,000 after purchasing an additional 1,837 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Controladora Vuela Compañía de Aviación by 174.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5,229 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 3,324 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the 4th quarter valued at $43,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the 3rd quarter valued at $83,000. Institutional investors own 53.32% of the company’s stock.

Controladora Vuela Compañía de Aviación Stock Performance

Shares of VLRS opened at $8.35 on Friday. The firm’s 50 day moving average is $7.90 and its 200-day moving average is $7.90. The stock has a market capitalization of $733.05 million, a P/E ratio of 8.61 and a beta of 2.49. 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 has a 12-month low of $5.52 and a 12-month high of $15.05.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its earnings results on Monday, April 22nd. The transportation company reported $0.29 earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.42. The business had revenue of $768.00 million for the quarter, compared to the consensus estimate of $685.84 million. Controladora Vuela Compañía de Aviación had a net margin of 3.40% and a return on equity of 54.46%. Equities research analysts anticipate that Controladora Vuela Compañía de Aviación will post 0.37 EPS 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.