Deutsche Bank Aktiengesellschaft Boosts Controladora Vuela Compañía de Aviación (NYSE:VLRS) Price Target to $12.00

Controladora Vuela Compañía de Aviación (NYSE:VLRS) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from $11.00 to $12.00 in a research report released on Tuesday, Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the transportation company’s stock.

VLRS has been the subject of a number of other reports. TD Cowen decreased their price target on Controladora Vuela Compañía de Aviación from $16.00 to $11.00 and set an outperform rating for the company in a research note on Thursday, February 29th. The Goldman Sachs Group decreased their price target on Controladora Vuela Compañía de Aviación from $12.40 to $11.10 and set a buy rating for the company in a research note on Friday, January 26th. Finally, StockNews.com upgraded Controladora Vuela Compañía de Aviación from a hold rating to a buy rating in a research note on Wednesday, February 28th. Six analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of Buy and an average target price of $14.02.

Controladora Vuela Compañía de Aviación Stock Up 1.2 %

NYSE:VLRS opened at $8.78 on Tuesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.76 and a current ratio of 0.73. The company has a market cap of $770.80 million, a PE ratio of 9.05 and a beta of 2.55. Controladora Vuela Compañía de Aviación has a 52-week low of $5.52 and a 52-week high of $15.05. The stock has a 50-day simple moving average of $7.48 and a 200 day simple moving average of $7.60.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last posted its quarterly earnings data on Monday, February 26th. The transportation company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.02. The business had revenue of $899.00 million during the quarter, compared to the consensus estimate of $882.80 million. Controladora Vuela Compañía de Aviación had a return on equity of 54.44% and a net margin of 3.40%. During the same period last year, the company earned $0.24 earnings per share. On average, sell-side analysts expect that Controladora Vuela Compañía de Aviación will post 0.43 EPS for the current fiscal year.

Institutional Trading of Controladora Vuela Compañía de Aviación

A number of hedge funds have recently made changes to their positions in the business. Vanguard Personalized Indexing Management LLC lifted its position in shares of Controladora Vuela Compañía de Aviación by 14.2% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 14,174 shares of the transportation company’s stock valued at $96,000 after buying an additional 1,759 shares during the last quarter. American Trust lifted its position in shares of Controladora Vuela Compañía de Aviación by 7.8% in the third quarter. American Trust now owns 25,365 shares of the transportation company’s stock valued at $172,000 after buying an additional 1,837 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Controladora Vuela Compañía de Aviación by 174.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 5,229 shares of the transportation company’s stock valued at $49,000 after buying an additional 3,324 shares during the last quarter. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at approximately $43,000. Finally, Aigen Investment Management LP acquired a new stake in shares of Controladora Vuela Compañía de Aviación in the third quarter valued at approximately $83,000. 53.32% of the stock is owned by institutional investors and hedge funds.

Controladora Vuela Compañía de Aviación Company Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, SAP.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America.