Shares of Controladora Vuela Co Avcn SA CV (NYSE:VLRS) have received an average rating of “Buy” from the eleven analysts that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is $12.00.
Several research firms recently commented on VLRS. TheStreet upgraded Controladora Vuela Co Avcn SA CV from a “d+” rating to a “c” rating in a research report on Monday, October 28th. Zacks Investment Research upgraded Controladora Vuela Co Avcn SA CV from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research note on Saturday, October 12th. Finally, Bradesco Corretora reaffirmed a “neutral” rating and issued a $11.00 price target on shares of Controladora Vuela Co Avcn SA CV in a report on Tuesday, September 17th.
NYSE:VLRS traded up $0.18 during trading hours on Tuesday, hitting $10.35. The stock had a trading volume of 21,683 shares, compared to its average volume of 233,896. The company has a 50 day simple moving average of $10.78 and a two-hundred day simple moving average of $9.91. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of -29.60 and a beta of 1.27. The company has a debt-to-equity ratio of 8.72, a current ratio of 0.71 and a quick ratio of 0.69. Controladora Vuela Co Avcn SA CV has a one year low of $5.15 and a one year high of $11.50.
Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last released its quarterly earnings results on Friday, October 25th. The transportation company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. Controladora Vuela Co Avcn SA CV had a net margin of 5.61% and a return on equity of 35.11%. The firm had revenue of $484.00 million for the quarter, compared to analysts’ expectations of $457.00 million. Equities research analysts anticipate that Controladora Vuela Co Avcn SA CV will post 1.14 earnings per share for the current year.
A number of large investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN raised its position in Controladora Vuela Co Avcn SA CV by 566.2% in the 2nd quarter. Wells Fargo & Company MN now owns 3,944 shares of the transportation company’s stock worth $37,000 after purchasing an additional 3,352 shares during the period. Aperio Group LLC bought a new position in shares of Controladora Vuela Co Avcn SA CV during the second quarter valued at about $44,000. Russell Investments Group Ltd. purchased a new position in shares of Controladora Vuela Co Avcn SA CV in the third quarter worth about $47,000. Advisors Preferred LLC bought a new stake in shares of Controladora Vuela Co Avcn SA CV in the 2nd quarter valued at about $50,000. Finally, Wealthstreet Investment Advisors LLC bought a new stake in shares of Controladora Vuela Co Avcn SA CV in the 3rd quarter valued at about $109,000.
Controladora Vuela Co Avcn SA CV Company Profile
Controladora Vuela Compañía de Aviación, SAB. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. As of December 31, 2018, the company operated a fleet of 77 Airbus narrow-body aircraft, which include 8 Airbus A319s, 55 A320s, and 14 A321s. It operates approximately 394 daily flight segments on routes that connect 40 cities in Mexico and 26 cities in the United States and Central America.
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