Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a note issued to investors on Saturday.

Several other equities analysts have also recently issued reports on the company. Zacks Investment Research cut Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. UBS AG cut Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 31st. Finally, Imperial Capital began coverage on Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in a research note on Thursday, June 29th. They set an “outperform” rating and a $18.00 target price on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $16.25.

Shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) opened at 12.79 on Friday. 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 firm’s 50-day moving average is $13.63 and its 200-day moving average is $13.60. The firm has a market cap of $1.29 billion, a P/E ratio of 213.17 and a beta of 0.01.

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 for the quarter, missing the Thomson Reuters’ consensus estimate 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 0.39%. The company had revenue of $334 million during the quarter, compared to the consensus estimate of $316 million. Analysts anticipate that Controladora Vuela Compania de Aviacion, S.A.B. de C.V. will post ($0.29) earnings per share for the current year.

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Several large investors have recently added to or reduced their stakes in the company. Atria Investments LLC boosted its stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 4.8% in the second quarter. Atria Investments LLC now owns 11,417 shares of the transportation company’s stock worth $166,000 after buying an additional 518 shares in the last quarter. Parametric Portfolio Associates LLC boosted its stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 2.7% in the second quarter. Parametric Portfolio Associates LLC now owns 29,994 shares of the transportation company’s stock worth $436,000 after buying an additional 789 shares in the last quarter. FNY Managed Accounts LLC boosted its stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 1.5% in the first quarter. FNY Managed Accounts LLC now owns 67,000 shares of the transportation company’s stock worth $933,000 after buying an additional 1,000 shares in the last quarter. CIBC World Markets Inc. boosted its stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 1.1% in the first quarter. CIBC World Markets Inc. now owns 143,815 shares of the transportation company’s stock worth $2,005,000 after buying an additional 1,526 shares in the last quarter. Finally, First Dallas Securities Inc. boosted its stake in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 5.1% in the first quarter. First Dallas Securities Inc. now owns 40,950 shares of the transportation company’s stock worth $571,000 after buying an additional 2,000 shares in the last quarter.

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

Controladora Vuela Compania de Aviacion SAB de CV is a Mexico-based company engaged in the airline passenger transportation sector. The Company operates as an ultra-low-cost carrier (ULCC). Its activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations).

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

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