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

Several other equities analysts have also weighed in on VLRS. Zacks Investment Research raised Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 17th. UBS AG lowered Controladora Vuela Compania de Aviacion, S.A.B. de C.V. from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 31st. Finally, Imperial Capital assumed coverage on Controladora Vuela Compania de Aviacion, S.A.B. de C.V. in a research report on Thursday, June 29th. They set an “outperform” rating and a $18.00 price target on the stock. One research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $16.25.

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

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 for the quarter, missing the consensus estimate of ($0.08) by $0.21. The firm had revenue of $334 million during the quarter, compared to analyst estimates of $316 million. 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%. On average, equities research analysts anticipate that Controladora Vuela Compania de Aviacion, S.A.B. de C.V. will post ($0.29) EPS for the current fiscal year.

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A number of institutional investors have recently added to or reduced their stakes in VLRS. Atria Investments LLC raised its position 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 valued at $166,000 after buying an additional 518 shares during the period. Citadel Advisors LLC bought a new position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at approximately $171,000. MARSHALL WACE ASIA Ltd bought a new position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at approximately $195,000. Marshall Wace North America L.P. bought a new position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at approximately $195,000. Finally, FNY Partners Fund LP bought a new position in Controladora Vuela Compania de Aviacion, S.A.B. de C.V. during the first quarter valued at approximately $195,000.

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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