Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) has been given a $15.00 price target by equities researchers at Barclays PLC in a report issued on Wednesday. The brokerage presently has a “buy” rating on the transportation company’s stock. Barclays PLC’s target price suggests a potential upside of 30.89% from the company’s current price.

VLRS has been the topic of a number of other research reports. Imperial Capital assumed coverage on shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in a research report on Thursday, June 29th. They issued an “outperform” rating and a $18.00 price objective on the stock. Zacks Investment Research upgraded shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 5th. Finally, BidaskClub cut shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. currently has an average rating of “Hold” and a consensus price target of $15.92.

Shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE VLRS) traded down 0.17% during mid-day trading on Wednesday, reaching $11.46. The company’s stock had a trading volume of 329,464 shares. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. has a 12 month low of $11.33 and a 12 month high of $20.03. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 191.00 and a beta of -0.01. The company’s 50-day moving average is $12.25 and its 200 day moving average is $13.48.

Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) last released 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 0.39%. The firm had revenue of $334.00 million during the quarter, compared to analysts’ expectations of $316.00 million. On average, equities analysts anticipate that Controladora Vuela Compania de Aviacion, S.A.B. de C.V. will post ($0.39) EPS for the current year.

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Several hedge funds and other institutional investors have recently made changes to their positions in VLRS. JPMorgan Chase & Co. increased its position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 182.8% during the first quarter. JPMorgan Chase & Co. now owns 49,427 shares of the transportation company’s stock valued at $689,000 after buying an additional 31,950 shares during the period. Wellington Management Group LLP increased its position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 129.5% during the first quarter. Wellington Management Group LLP now owns 371,859 shares of the transportation company’s stock valued at $5,184,000 after buying an additional 209,853 shares during the period. MARSHALL WACE ASIA Ltd purchased a new position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at about $195,000. Marshall Wace North America L.P. purchased a new position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at about $195,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Controladora Vuela Compania de Aviacion, S.A.B. de C.V. by 14.1% during the first quarter. Dimensional Fund Advisors LP now owns 601,599 shares of the transportation company’s stock valued at $8,387,000 after buying an additional 74,462 shares during the period.

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

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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