Controladora Vuela Compañía de Aviación (VLRS) Projected to Post Earnings on Monday

Controladora Vuela Compañía de Aviación (NYSE:VLRS) is projected to issue its quarterly earnings data before the market opens on Monday, April 28th. Analysts expect the company to announce earnings of ($0.54) per share and revenue of $708.83 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last posted its quarterly earnings data on Monday, February 24th. The transportation company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.16). The firm had revenue of $835.00 million during the quarter, compared to analysts’ expectations of $709.48 million. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. On average, analysts expect Controladora Vuela Compañía de Aviación to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Controladora Vuela Compañía de Aviación Stock Down 3.9 %

Shares of Controladora Vuela Compañía de Aviación stock opened at $4.36 on Monday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.70 and a quick ratio of 0.69. Controladora Vuela Compañía de Aviación has a 1-year low of $4.32 and a 1-year high of $9.57. The business has a 50-day moving average of $5.86 and a 200-day moving average of $7.10. The company has a market capitalization of $507.78 million, a PE ratio of 2.62 and a beta of 2.17.

Analysts Set New Price Targets

A number of equities analysts have issued reports on VLRS shares. StockNews.com lowered Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. UBS Group upped their price target on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Citigroup reduced their price objective on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Finally, Itau BBA Securities started coverage on shares of Controladora Vuela Compañía de Aviación in a research report on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 target price for the company. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $12.88.

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.