Controladora Vuela Compania de Aviacion (NYSE:VLRS) Upgraded at Barclays

Barclays upgraded shares of Controladora Vuela Compania de Aviacion (NYSE:VLRS) from an equal weight rating to an overweight rating in a research report released on Friday morning, MarketBeat Ratings reports. They currently have $11.00 price objective on the transportation company’s stock, up from their prior price objective of $9.00.

Several other equities analysts have also commented on VLRS. Citigroup lowered Controladora Vuela Compania de Aviacion from a “buy” rating to a “neutral” rating and set a $7.00 target price on the stock. in a report on Friday, August 22nd. Evercore ISI upped their price objective on Controladora Vuela Compania de Aviacion from $9.00 to $12.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Wall Street Zen upgraded Controladora Vuela Compania de Aviacion from a “sell” rating to a “hold” rating in a report on Saturday, September 20th. JPMorgan Chase & Co. raised their target price on Controladora Vuela Compania de Aviacion from $7.00 to $8.00 and gave the stock an “overweight” rating in a research report on Friday, September 19th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Controladora Vuela Compania de Aviacion in a report on Wednesday, October 8th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $8.67.

Controladora Vuela Compania de Aviacion Stock Up 13.5%

Shares of NYSE:VLRS opened at $9.44 on Friday. Controladora Vuela Compania de Aviacion has a fifty-two week low of $3.49 and a fifty-two week high of $9.99. The firm’s 50 day moving average price is $7.07 and its 200 day moving average price is $6.13. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 1.73. The stock has a market cap of $1.10 billion, a price-to-earnings ratio of -17.48 and a beta of 1.95.

Controladora Vuela Compania de Aviacion (NYSE:VLRS) last posted its quarterly earnings results on Monday, October 27th. The transportation company reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.08. Controladora Vuela Compania de Aviacion had a negative net margin of 2.07% and a negative return on equity of 20.74%. The company had revenue of $784.00 million during the quarter, compared to analysts’ expectations of $783.85 million. As a group, equities research analysts predict that Controladora Vuela Compania de Aviacion will post 1.21 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VLRS. XTX Topco Ltd purchased a new position in Controladora Vuela Compania de Aviacion during the 3rd quarter worth $648,000. Millennium Management LLC purchased a new stake in shares of Controladora Vuela Compania de Aviacion in the third quarter valued at about $3,139,000. Bank of America Corp DE increased its stake in shares of Controladora Vuela Compania de Aviacion by 144.6% during the third quarter. Bank of America Corp DE now owns 261,982 shares of the transportation company’s stock worth $1,881,000 after acquiring an additional 154,889 shares during the period. Aquatic Capital Management LLC purchased a new position in Controladora Vuela Compania de Aviacion during the third quarter worth about $146,000. Finally, Schonfeld Strategic Advisors LLC raised its holdings in Controladora Vuela Compania de Aviacion by 127.4% during the third quarter. Schonfeld Strategic Advisors LLC now owns 58,177 shares of the transportation company’s stock worth $418,000 after purchasing an additional 32,596 shares in the last quarter. Institutional investors and hedge funds own 53.32% of the company’s stock.

Controladora Vuela Compania de Aviacion News Roundup

Here are the key news stories impacting Controladora Vuela Compania de Aviacion this week:

• Positive Sentiment: Volaris (Vuela, VLRS) and Viva Aerobus announced formation of a new Mexican airline group under a holding company to expand low-fare travel and connectivity — an official deal announcement that implies scale, network and potential cost synergies that could materially boost VLRS’s long-term revenue and margin prospects. Volaris and Viva Announce the Formation of a New Mexican Airline Group
• Positive Sentiment: Barclays upgraded VLRS from “equal weight” to “overweight” and raised its price target to $11 — the upgrade and higher PT signal analyst confidence the merger and combined entity will create value; upgrades often attract buyers and can support near-term upside. Benzinga Coverage of Barclays Upgrade
• Positive Sentiment: Reuters reported the two carriers were near a merger agreement prior to the formal announcement, adding independent media confirmation and reducing deal uncertainty — this corroboration likely amplified investor response. Reuters: Mexican airlines Volaris and Viva Aerobus near merger agreement
• Neutral Sentiment: Seeking Alpha published the M&A call transcript — useful for investors who want details on proposed governance, timing, integration plans and management commentary, but it doesn’t by itself change deal economics. M&A Call Transcript
• Neutral Sentiment: TipRanks and other outlets summarized the Volaris–Viva tie-up; these articles amplify visibility but largely reiterate corporate releases and reports. TipRanks: Volaris and Viva Aerobus Agree to Merge
• Neutral Sentiment: Brokerage consensus still reads as a “Hold” per recent compilation — some analysts remain cautious pending regulatory approvals, integration execution and clearer pro forma financials. American Banking News: Consensus Hold
• Negative Sentiment: An earlier Barclays note had kept an “equal weight” rating with a lower $9 target shortly before the upgrade; that prior stance highlights remaining analyst caution and the potential for mixed near-term reactions if execution risks or regulatory hurdles surface. Benzinga: Earlier Barclays Note

Controladora Vuela Compania de Aviacion Company Profile

Controladora Vuela Compañia de Aviacion, SAB de CV (NYSE: VLRS) is a Mexico-based airline holding company whose primary business is the operation of low-cost scheduled air transportation services. Through its principal operating subsidiary, Volaris, the company provides passenger and cargo flights on domestic and international routes. Its business model emphasizes unbundled ancillary services and point-to-point operations designed to offer competitive fares across its network.

Volaris serves more than 120 routes linking major metropolitan areas and secondary cities in Mexico, the United States and Central America.