Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) was downgraded by stock analysts at BidaskClub from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

A number of other brokerages have also issued reports on VLRS. Zacks Investment Research raised shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a report on Thursday. Imperial Capital assumed coverage on shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in a report on Thursday, June 29th. They set an “outperform” rating and a $18.00 price objective for the company. Barclays PLC set a $17.00 price objective on shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. and gave the company a “buy” rating in a report on Monday, April 10th. HSBC Holdings plc raised shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “reduce” rating to a “hold” rating in a report on Wednesday, April 5th. Finally, Deutsche Bank AG lowered shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “hold” rating and cut their price objective for the company from $17.00 to $14.00 in a report on Thursday, April 20th. Seven equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $16.25.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE VLRS) traded down 2.79% on Monday, hitting $14.31. 666,581 shares of the company’s stock were exchanged. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. has a 52-week low of $11.33 and a 52-week high of $20.03. The stock has a market cap of $1.45 billion and a P/E ratio of 238.50. The firm has a 50 day moving average price of $14.68 and a 200-day moving average price of $13.74.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) last announced its quarterly earnings data on Friday, July 21st. The transportation company reported ($0.29) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by $0.21. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. had a negative net margin of 0.15% and a negative return on equity of 0.38%. The company had revenue of $334 million for the quarter, compared to analysts’ expectations of $316 million. Analysts predict that Controladora Vuela Compania de Aviacion, S.A.B. de C.V. will post ($0.01) earnings per share for the current fiscal year.

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. Atria Investments LLC acquired a new position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter worth $152,000. Citadel Advisors LLC bought a new stake in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter worth about $171,000. MARSHALL WACE ASIA Ltd bought a new stake in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter worth about $195,000. Marshall Wace North America L.P. bought a new stake in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter worth about $195,000. Finally, FNY Partners Fund LP bought a new stake in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter worth about $195,000.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. 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.

Analyst Recommendations for Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS)

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