Controladora Vuela Compañía de Aviación (NYSE:VLRS) Stock Rating Lowered by StockNews.com

Controladora Vuela Compañía de Aviación (NYSE:VLRS) was downgraded by stock analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday.

Other equities research analysts have also issued reports about the company. JPMorgan Chase & Co. raised their target price on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th. Itau BBA Securities assumed coverage on shares of Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They set an “outperform” rating and a $12.00 price objective for the company. Finally, UBS Group boosted their target price on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $13.14.

Controladora Vuela Compañía de Aviación Trading Down 1.0 %

NYSE:VLRS opened at $6.34 on Wednesday. Controladora Vuela Compañía de Aviación has a 52 week low of $5.15 and a 52 week high of $9.57. The firm has a 50-day moving average price of $7.97 and a two-hundred day moving average price of $7.29. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70. The firm has a market cap of $738.65 million, a price-to-earnings ratio of 3.82 and a beta of 2.45.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last issued its quarterly earnings results on Monday, February 24th. The transportation company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.16). The business had revenue of $835.00 million for 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, equities analysts expect that Controladora Vuela Compañía de Aviación will post 1.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Controladora Vuela Compañía de Aviación

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its position in shares of Controladora Vuela Compañía de Aviación by 34.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,396 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 1,641 shares during the period. R Squared Ltd bought a new position in shares of Controladora Vuela Compañía de Aviación in the fourth quarter worth approximately $68,000. Prudential Financial Inc. bought a new position in shares of Controladora Vuela Compañía de Aviación in the 4th quarter worth $79,000. Sei Investments Co. purchased a new stake in shares of Controladora Vuela Compañía de Aviación during the 4th quarter valued at $79,000. Finally, Aigen Investment Management LP bought a new stake in shares of Controladora Vuela Compañía de Aviación during the 3rd quarter worth $92,000. Institutional investors own 53.32% of the company’s stock.

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.