Controladora Vuela Compania de Aviacion SAB. de CV (NYSE:VLRS) was upgraded by stock analysts at Barclays PLC to an “overweight” rating in a research note issued to investors on Thursday.

A number of other analysts have also weighed in on the stock. Zacks Investment Research upgraded shares of Controladora Vuela Compania de Aviacion SAB. de CV from a “sell” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley upgraded shares of Controladora Vuela Compania de Aviacion SAB. de CV from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $22.10 to $23.00 in a research report on Thursday, September 8th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Controladora Vuela Compania de Aviacion SAB. de CV currently has a consensus rating of “Buy” and an average price target of $22.60.

Analyst Recommendations for Controladora Vuela Compania de Aviacion SAB. de CV (NYSE:VLRS)

Controladora Vuela Compania de Aviacion SAB. de CV (NYSE:VLRS) opened at 18.43 on Thursday. Controladora Vuela Compania de Aviacion SAB. de CV has a 52 week low of $15.06 and a 52 week high of $21.90. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 10.72 and a beta of 0.44. The company has a 50-day moving average of $17.65 and a 200-day moving average of $18.93.

Controladora Vuela Compania de Aviacion SAB. de CV (NYSE:VLRS) last issued its earnings results on Friday, July 22nd. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.21. Controladora Vuela Compania de Aviacion SAB. de CV had a net margin of 16.21% and a return on equity of 46.00%. On average, equities analysts forecast that Controladora Vuela Compania de Aviacion SAB. de CV will post $1.61 earnings per share for the current fiscal year.

Institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC increased its position in shares of Controladora Vuela Compania de Aviacion SAB. de CV by 39.2% in the first quarter. Renaissance Technologies LLC now owns 786,800 shares of the company’s stock worth $16,578,000 after buying an additional 221,500 shares in the last quarter. Barclays PLC increased its position in shares of Controladora Vuela Compania de Aviacion SAB. de CV by 4.6% in the first quarter. Barclays PLC now owns 205,220 shares of the company’s stock worth $4,310,000 after buying an additional 8,990 shares in the last quarter. Teachers Advisors Inc. increased its position in shares of Controladora Vuela Compania de Aviacion SAB. de CV by 13.6% in the first quarter. Teachers Advisors Inc. now owns 223,233 shares of the company’s stock worth $4,704,000 after buying an additional 26,686 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of Controladora Vuela Compania de Aviacion SAB. de CV during the first quarter worth $1,319,000. Finally, Primecap Management Co. CA increased its position in shares of Controladora Vuela Compania de Aviacion SAB. de CV by 15.9% in the first quarter. Primecap Management Co. CA now owns 182,000 shares of the company’s stock worth $3,835,000 after buying an additional 25,000 shares in the last quarter.

About Controladora Vuela Compania de Aviacion SAB. de CV

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.

5 Day Chart for NYSE:VLRS

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