Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS – Get Free Report) has been assigned an average rating of “Hold” from the nine brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $9.40.
A number of equities analysts recently issued reports on VLRS shares. Jefferies Financial Group began coverage on shares of Controladora Vuela Compania de Aviacion in a research report on Thursday, June 18th. They set a “hold” rating and a $10.00 target price on the stock. Weiss Ratings lowered shares of Controladora Vuela Compania de Aviacion from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, July 31st. UBS Group lifted their price target on shares of Controladora Vuela Compania de Aviacion from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Finally, The Goldman Sachs Group cut their target price on Controladora Vuela Compania de Aviacion from $8.60 to $7.70 and set a “neutral” rating on the stock in a research note on Tuesday, August 11th.
Check Out Our Latest Report on VLRS
Institutional Inflows and Outflows
Controladora Vuela Compania de Aviacion Trading Down 1.9%
NYSE VLRS opened at $5.91 on Friday. Controladora Vuela Compania de Aviacion has a twelve month low of $5.79 and a twelve month high of $10.80. The company has a debt-to-equity ratio of 6.78, a quick ratio of 0.64 and a current ratio of 0.64. The stock has a market cap of $688.51 million, a price-to-earnings ratio of -3.60 and a beta of 1.81. The firm’s 50 day moving average price is $6.84 and its two-hundred day moving average price is $7.49.
Controladora Vuela Compania de Aviacion (NYSE:VLRS – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The transportation company reported ($1.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.08) by ($0.03). Controladora Vuela Compania de Aviacion had a negative net margin of 5.71% and a negative return on equity of 93.91%. The firm had revenue of $859.00 million for the quarter, compared to analyst estimates of $854.70 million. Equities analysts anticipate that Controladora Vuela Compania de Aviacion will post -2.49 EPS for the current year.
About Controladora Vuela Compania de Aviacion
Controladora Vuela Compañía de Aviación, SAB. de C.V. is the holding company for Volaris, an ultra-low-cost airline headquartered in Mexico. The company provides scheduled passenger air transportation, offering primarily point-to-point flights at affordable fares, along with ancillary services such as baggage, seat selection and other travel-related products.
Volaris began operations in 2006 and has developed an extensive domestic network in Mexico, connecting major cities with leisure and business destinations.
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