Controladora Vuela Compañía de Aviación (NYSE:VLRS) Announces Earnings Results

Controladora Vuela Compañía de Aviación (NYSE:VLRS) issued its earnings results on Monday. The transportation company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.16), Zacks reports. Controladora Vuela Compañía de Aviación had a return on equity of 71.50% and a net margin of 5.99%.

Controladora Vuela Compañía de Aviación Price Performance

Shares of NYSE VLRS opened at $7.76 on Monday. The stock has a market capitalization of $904.23 million, a PE ratio of 4.67 and a beta of 2.45. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.70 and a quick ratio of 0.69. The business has a fifty day moving average price of $8.11 and a two-hundred day moving average price of $7.28. Controladora Vuela Compañía de Aviación has a fifty-two week low of $5.15 and a fifty-two week high of $9.57.

Analysts Set New Price Targets

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

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.