Shares of Controladora Vuela Co Avcn SA CV (NYSE:VLRS) have been assigned an average recommendation of “Hold” from the eight ratings firms that are covering the stock. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $15.63.

VLRS has been the subject of several analyst reports. Barclays PLC set a $17.00 target price on shares of Controladora Vuela Co Avcn SA CV and gave the company a “buy” rating in a research note on Monday, April 10th. Morgan Stanley downgraded shares of Controladora Vuela Co Avcn SA CV from an “overweight” rating to an “equal weight” rating and set a $14.50 target price for the company. in a research note on Tuesday, February 21st. Zacks Investment Research raised shares of Controladora Vuela Co Avcn SA CV from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 17th. Deutsche Bank AG downgraded shares of Controladora Vuela Co Avcn SA CV from a “buy” rating to a “hold” rating and cut their target price for the company from $17.00 to $14.00 in a research note on Thursday, April 20th. Finally, HSBC Holdings plc raised shares of Controladora Vuela Co Avcn SA CV from a “reduce” rating to a “hold” rating in a research note on Wednesday, April 5th.

A number of hedge funds have recently bought and sold shares of the stock. FNY Managed Accounts LLC boosted its stake in Controladora Vuela Co Avcn SA CV by 1.5% in the first quarter. FNY Managed Accounts LLC now owns 67,000 shares of the transportation company’s stock valued at $933,000 after buying an additional 1,000 shares during the period. CIBC World Markets Inc. boosted its stake in Controladora Vuela Co Avcn SA CV by 1.1% in the first quarter. CIBC World Markets Inc. now owns 143,815 shares of the transportation company’s stock valued at $2,005,000 after buying an additional 1,526 shares during the period. First Dallas Securities Inc. boosted its stake in Controladora Vuela Co Avcn SA CV by 5.1% in the first quarter. First Dallas Securities Inc. now owns 40,950 shares of the transportation company’s stock valued at $571,000 after buying an additional 2,000 shares during the period. U S Global Investors Inc boosted its stake in Controladora Vuela Co Avcn SA CV by 5.2% in the first quarter. U S Global Investors Inc now owns 47,465 shares of the transportation company’s stock valued at $662,000 after buying an additional 2,341 shares during the period. Finally, U S Global Investors Inc. boosted its stake in Controladora Vuela Co Avcn SA CV by 10.9% in the third quarter. U S Global Investors Inc. now owns 24,289 shares of the transportation company’s stock valued at $464,000 after buying an additional 2,391 shares during the period.

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Controladora Vuela Co Avcn SA CV (NYSE:VLRS) traded up 0.59% during trading on Monday, reaching $13.54. 99,807 shares of the company’s stock were exchanged. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 16.92 and a beta of 0.15. Controladora Vuela Co Avcn SA CV has a 52 week low of $11.33 and a 52 week high of $20.59. The stock has a 50-day moving average price of $13.55 and a 200 day moving average price of $14.10.

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last announced its earnings results on Thursday, April 20th. The transportation company reported ($0.71) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.47. Controladora Vuela Co Avcn SA CV had a net margin of 14.38% and a return on equity of 37.88%. The firm had revenue of $301 million during the quarter. Equities research analysts forecast that Controladora Vuela Co Avcn SA CV will post $0.25 earnings per share for the current fiscal year.

Controladora Vuela Co Avcn SA CV Company Profile

Controladora Vuela Compania de Aviacion SAB de CV (Volaris Aviation Holding Company) is a Mexico-based company principally engaged in the airline passenger transportation industry. The Company is a law-cost carrier airline. Controladora Vuela Compania de Aviacion SAB de CV offers direct, point-to-point flights.

12 Month Chart for NYSE:VLRS

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