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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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

NYSE VLRS opened at $6.80 on Tuesday. The firm has a market capitalization of $792.40 million, a PE ratio of 4.09 and a beta of 2.45. 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 debt-to-equity ratio of 1.09, a current ratio of 0.70 and a quick ratio of 0.69. The company’s 50 day simple moving average is $8.07 and its 200 day simple moving average is $7.29.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on VLRS shares. Itau BBA Securities started coverage on shares of Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 target price on the stock. JPMorgan Chase & Co. raised their price target on shares of 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. StockNews.com lowered shares of Controladora Vuela Compañía de Aviación from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 23rd. Finally, UBS Group raised their price target 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. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus 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.