Controladora Vuela Compañía de Aviación (VLRS) Expected to Announce Quarterly Earnings on Monday

Controladora Vuela Compañía de Aviación (NYSE:VLRS) is anticipated to issue its quarterly earnings data before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $0.55 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Controladora Vuela Compañía de Aviación Stock Performance

Shares of VLRS stock opened at $7.76 on Friday. Controladora Vuela Compañía de Aviación has a 12 month low of $5.15 and a 12 month high of $9.57. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.09. The business’s 50-day moving average price is $8.11 and its 200-day moving average price is $7.26. The firm has a market capitalization of $904.23 million, a price-to-earnings ratio of 4.67 and a beta of 2.45.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on VLRS. JPMorgan Chase & Co. increased their price target on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. StockNews.com downgraded Controladora Vuela Compañía de Aviación from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 23rd. Itau BBA Securities began coverage on Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 price target on the stock. Finally, UBS Group increased their price target on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a “buy” rating in a report on Tuesday, January 7th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, Controladora Vuela Compañía de Aviación currently has a consensus rating of “Buy” and an average target price of $13.14.

Controladora Vuela Compañía de Aviación Company Profile

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.