Controladora Vuela Co Avcn SA CV (VLRS) Announces Quarterly Earnings, Misses Estimates By $0.02 EPS
Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS) released its earnings data on Monday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.02, AnalystRatings.NET reports.
A number of research firms have recently commented on VLRS. Analysts at Zacks upgraded shares of Controladora Vuela Co Avcn SA CV from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 16th. They now have a $9.70 price target on the stock. Finally, analysts at Cowen and Company cut their price target on shares of Controladora Vuela Co Avcn SA CV from $13.00 to $9.00 in a research note on Wednesday, April 30th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $10.57.
Shares of Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS) traded up 0.99% on Monday, hitting $8.705. 172,102 shares of the company’s stock traded hands. Controladora Vuela Co Avcn SA CV has a one year low of $6.82 and a one year high of $15.94. The stock has a 50-day moving average of $8.62 and a 200-day moving average of $9.1. The company’s market cap is $870.8 million.
Controladora Vuela Compania de Aviacion SAB de CV (NASDAQ:VLRS) is a Mexico-based company principally engaged in the airline passenger transportation industry.
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