Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) Given Average Rating of “Hold” by Analysts

Shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) have received a consensus recommendation of “Hold” from the twelve research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $9.0222.

Several analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $11.00 target price (up from $9.50) on shares of Controladora Vuela Compania de Aviacion in a research note on Wednesday, January 14th. Bank of America upped their price target on shares of Controladora Vuela Compania de Aviacion from $9.50 to $11.20 and gave the stock a “buy” rating in a research note on Monday, December 22nd. Zacks Research lowered shares of Controladora Vuela Compania de Aviacion from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings reissued a “sell (d)” rating on shares of Controladora Vuela Compania de Aviacion in a report on Wednesday, January 21st. Finally, Barclays increased their price target on Controladora Vuela Compania de Aviacion from $11.00 to $12.00 and gave the company an “overweight” rating in a research note on Tuesday, February 10th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new stake in Controladora Vuela Compania de Aviacion in the 4th quarter valued at about $28,000. Savant Capital LLC bought a new stake in shares of Controladora Vuela Compania de Aviacion in the 3rd quarter worth approximately $77,000. R Squared Ltd acquired a new stake in Controladora Vuela Compania de Aviacion during the fourth quarter valued at approximately $100,000. Inspire Investing LLC boosted its holdings in Controladora Vuela Compania de Aviacion by 20.7% during the third quarter. Inspire Investing LLC now owns 13,921 shares of the transportation company’s stock worth $100,000 after buying an additional 2,389 shares in the last quarter. Finally, Engineers Gate Manager LP bought a new stake in Controladora Vuela Compania de Aviacion during the fourth quarter worth approximately $137,000. 53.32% of the stock is owned by institutional investors and hedge funds.

Controladora Vuela Compania de Aviacion Stock Up 0.8%

Controladora Vuela Compania de Aviacion stock opened at $8.93 on Friday. Controladora Vuela Compania de Aviacion has a 52-week low of $3.49 and a 52-week high of $10.80. The company has a debt-to-equity ratio of 1.68, a current ratio of 0.73 and a quick ratio of 0.66. The firm has a 50-day moving average price of $9.52 and a two-hundred day moving average price of $7.68.

Controladora Vuela Compania de Aviacion (NYSE:VLRS) last announced its quarterly earnings results on Tuesday, February 24th. The transportation company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.25 by ($0.21). The firm had revenue of $882.00 million during the quarter, compared to analyst estimates of $845.68 million. Controladora Vuela Compania de Aviacion had a negative net margin of 3.42% and a negative return on equity of 38.03%. As a group, equities analysts predict that Controladora Vuela Compania de Aviacion will post 1.21 earnings per share for the current fiscal year.

Controladora Vuela Compania de Aviacion Company Profile

Controladora Vuela Compañia de Aviacion, SAB de CV (NYSE: VLRS) is a Mexico-based airline holding company whose primary business is the operation of low-cost scheduled air transportation services. Through its principal operating subsidiary, Volaris, the company provides passenger and cargo flights on domestic and international routes. Its business model emphasizes unbundled ancillary services and point-to-point operations designed to offer competitive fares across its network.

Volaris serves more than 120 routes linking major metropolitan areas and secondary cities in Mexico, the United States and Central America.