Wall Street analysts predict that Controladora Vuela Co Avcn SA CV (NYSE:VLRS) will report earnings of $0.41 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Controladora Vuela Co Avcn SA CV’s earnings. Controladora Vuela Co Avcn SA CV reported earnings per share of $0.26 in the same quarter last year, which suggests a positive year over year growth rate of 57.7%. The company is scheduled to announce its next quarterly earnings report on Friday, February 28th.

According to Zacks, analysts expect that Controladora Vuela Co Avcn SA CV will report full year earnings of $1.14 per share for the current financial year. For the next fiscal year, analysts forecast that the business will report earnings of $1.12 per share, with EPS estimates ranging from $1.05 to $1.18. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Controladora Vuela Co Avcn SA CV.

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last posted its quarterly earnings results on Friday, October 25th. The transportation company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.34 by $0.02. Controladora Vuela Co Avcn SA CV had a return on equity of 35.11% and a net margin of 5.61%. The firm had revenue of $484.00 million during the quarter, compared to analysts’ expectations of $457.00 million.

VLRS has been the subject of a number of recent research reports. Bradesco Corretora restated a “neutral” rating and issued a $11.00 target price on shares of Controladora Vuela Co Avcn SA CV in a research note on Tuesday, September 17th. TheStreet upgraded shares of Controladora Vuela Co Avcn SA CV from a “d+” rating to a “c” rating in a research note on Monday, October 28th. Finally, Zacks Investment Research upgraded shares of Controladora Vuela Co Avcn SA CV from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Saturday, October 12th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $12.00.

Institutional investors and hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC lifted its position in shares of Controladora Vuela Co Avcn SA CV by 39.0% during the 2nd quarter. Renaissance Technologies LLC now owns 1,390,700 shares of the transportation company’s stock worth $13,045,000 after buying an additional 390,100 shares during the period. Par Capital Management Inc. lifted its holdings in shares of Controladora Vuela Co Avcn SA CV by 30.4% during the second quarter. Par Capital Management Inc. now owns 1,357,889 shares of the transportation company’s stock valued at $12,737,000 after acquiring an additional 316,281 shares during the period. Millennium Management LLC lifted its holdings in shares of Controladora Vuela Co Avcn SA CV by 512.4% during the third quarter. Millennium Management LLC now owns 1,107,354 shares of the transportation company’s stock valued at $11,084,000 after acquiring an additional 926,522 shares during the period. Copper Rock Capital Partners LLC acquired a new stake in shares of Controladora Vuela Co Avcn SA CV in the 3rd quarter valued at $3,745,000. Finally, Mackenzie Financial Corp boosted its stake in shares of Controladora Vuela Co Avcn SA CV by 2,868.9% in the 2nd quarter. Mackenzie Financial Corp now owns 323,938 shares of the transportation company’s stock valued at $3,039,000 after purchasing an additional 313,027 shares in the last quarter.

Shares of NYSE:VLRS traded up $0.11 during trading on Thursday, hitting $10.28. 24,548 shares of the stock were exchanged, compared to its average volume of 233,896. Controladora Vuela Co Avcn SA CV has a 1-year low of $5.15 and a 1-year high of $11.50. The company has a market capitalization of $1.06 billion, a price-to-earnings ratio of -29.40 and a beta of 1.27. The company’s fifty day simple moving average is $10.78 and its 200-day simple moving average is $9.91. The company has a debt-to-equity ratio of 8.72, a quick ratio of 0.69 and a current ratio of 0.71.

Controladora Vuela Co Avcn SA CV Company Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. As of December 31, 2018, the company operated a fleet of 77 Airbus narrow-body aircraft, which include 8 Airbus A319s, 55 A320s, and 14 A321s. It operates approximately 394 daily flight segments on routes that connect 40 cities in Mexico and 26 cities in the United States and Central America.

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