By otakuyassine3@gmail.com 
Controladora Vuela Compañía de Aviación (NYSE:VLRS – Get Free Report) was upgraded by research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday.
Other equities research analysts have also issued reports about the stock. UBS Group increased their price target on 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. Barclays reissued an “overweight” rating and issued a $12.00 target price on shares of Controladora Vuela Compañía de Aviación in a research report on Thursday, October 24th. TD Cowen upped their price target on shares of Controladora Vuela Compañía de Aviación from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. raised their price objective on shares of 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. Seven equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Controladora Vuela Compañía de Aviación currently has an average rating of “Buy” and an average price target of $13.01.
Check Out Our Latest Analysis on Controladora Vuela Compañía de Aviación
Controladora Vuela Compañía de Aviación Stock Performance
Shares of NYSE:VLRS traded down $0.02 during midday trading on Wednesday, reaching $8.48. 441,892 shares of the company’s stock traded hands, compared to its average volume of 561,653. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70. Controladora Vuela Compañía de Aviación has a one year low of $5.15 and a one year high of $9.57. The company has a market cap of $988.75 million, a price-to-earnings ratio of 5.11 and a beta of 2.42. The stock has a 50 day moving average of $7.92 and a 200 day moving average of $6.87.
Controladora Vuela Compañía de Aviación (NYSE:VLRS – Get Free Report) last posted its earnings results on Wednesday, October 23rd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.13. Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. The business had revenue of $813.00 million for the quarter, compared to analysts’ expectations of $795.89 million. During the same quarter in the prior year, the business earned ($0.33) EPS. As a group, equities research analysts anticipate that Controladora Vuela Compañía de Aviación will post 1.19 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. American Century Companies Inc. boosted its stake in shares of Controladora Vuela Compañía de Aviación by 2.7% in the second quarter. American Century Companies Inc. now owns 208,355 shares of the transportation company’s stock worth $1,325,000 after acquiring an additional 5,461 shares during the period. Insigneo Advisory Services LLC purchased a new position in Controladora Vuela Compañía de Aviación in the 2nd quarter worth approximately $64,000. Squarepoint Ops LLC boosted its stake in Controladora Vuela Compañía de Aviación by 207.3% in the 2nd quarter. Squarepoint Ops LLC now owns 60,709 shares of the transportation company’s stock worth $386,000 after purchasing an additional 40,955 shares during the period. AQR Capital Management LLC purchased a new stake in Controladora Vuela Compañía de Aviación during the 2nd quarter valued at approximately $408,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Controladora Vuela Compañía de Aviación during the second quarter valued at approximately $1,338,000. Hedge funds and other 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.
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