Analysts Set Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Target Price at $13.85

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has received an average rating of “Buy” from the five ratings firms that are presently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a buy recommendation. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $14.02.

A number of brokerages recently commented on VLRS. The Goldman Sachs Group lowered their price objective on shares of Controladora Vuela Compañía de Aviación from $12.40 to $11.10 and set a “buy” rating on the stock in a research report on Friday, January 26th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Controladora Vuela Compañía de Aviación from $11.00 to $12.00 and gave the stock a “buy” rating in a research note on Tuesday. TD Cowen reduced their price objective on shares of Controladora Vuela Compañía de Aviación from $16.00 to $11.00 and set an “outperform” rating for the company in a research note on Thursday, February 29th. StockNews.com raised shares of Controladora Vuela Compañía de Aviación from a “hold” rating to a “buy” rating in a research report on Wednesday, February 28th. Finally, Barclays boosted their target price on shares of Controladora Vuela Compañía de Aviación from $9.00 to $12.00 and gave the stock an “overweight” rating in a research report on Wednesday.

Hedge Funds Weigh In On Controladora Vuela Compañía de Aviación

A number of institutional investors and hedge funds have recently bought and sold shares of VLRS. Par Capital Management Inc. increased its holdings in Controladora Vuela Compañía de Aviación by 3,928.4% in the 4th quarter. Par Capital Management Inc. now owns 2,205,000 shares of the transportation company’s stock valued at $20,683,000 after buying an additional 2,150,263 shares during the period. WCM Investment Management LLC increased its holdings in Controladora Vuela Compañía de Aviación by 3.9% in the 1st quarter. WCM Investment Management LLC now owns 1,745,219 shares of the transportation company’s stock valued at $12,950,000 after buying an additional 65,824 shares during the period. Moneda S.A. Administradora General de Fondos increased its holdings in Controladora Vuela Compañía de Aviación by 11.2% in the 4th 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 buying an additional 116,299 shares during the period. ANTIPODES PARTNERS Ltd increased its holdings in Controladora Vuela Compañía de Aviación by 2,264.7% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 959,345 shares of the transportation company’s stock valued at $8,998,000 after buying an additional 918,776 shares during the period. Finally, Fiera Capital Corp bought a new stake in Controladora Vuela Compañía de Aviación in the 3rd quarter valued at $3,764,000. Institutional investors own 53.32% of the company’s stock.

Controladora Vuela Compañía de Aviación Stock Performance

Controladora Vuela Compañía de Aviación stock opened at $8.78 on Tuesday. The firm’s 50 day simple moving average is $7.48 and its 200-day simple moving average is $7.60. The company has a market cap of $770.80 million, a P/E ratio of 9.05 and a beta of 2.55. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.77 and a quick ratio of 0.76. Controladora Vuela Compañía de Aviación has a fifty-two week low of $5.52 and a fifty-two week high of $15.05.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its earnings results on Monday, February 26th. The transportation company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.02. Controladora Vuela Compañía de Aviación had a net margin of 3.40% and a return on equity of 61.54%. The business had revenue of $899.00 million for the quarter, compared to the consensus estimate of $882.80 million. During the same period last year, the firm posted $0.24 earnings per share. As a group, equities research analysts predict that Controladora Vuela Compañía de Aviación will post 0.19 EPS for the current year.

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.