Controladora Vuela Compañía de Aviación (NYSE:VLRS) Sets New 52-Week Low – Time to Sell?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $5.08 and last traded at $5.13, with a volume of 37492 shares changing hands. The stock had previously closed at $5.22.

Analyst Upgrades and Downgrades

A number of brokerages have commented on VLRS. StockNews.com cut Controladora Vuela Compañía de Aviación from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Itau BBA Securities began coverage on shares of Controladora Vuela Compañía de Aviación in a report on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 target price for the company. UBS Group lifted their price target on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a report on Tuesday, January 7th. Finally, Citigroup reduced their price objective on shares of Controladora Vuela Compañía de Aviación from $13.00 to $11.00 and set a “buy” rating for the company in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $12.88.

Controladora Vuela Compañía de Aviación Price Performance

The stock has a market cap of $610.97 million, a PE ratio of 3.16 and a beta of 2.17. The firm’s fifty day moving average price is $6.87 and its 200 day moving average price is $7.27. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 1.09.

Controladora Vuela Compañía de Aviación (NYSE:VLRS) last released its quarterly earnings data on Monday, February 24th. The transportation company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.16). Controladora Vuela Compañía de Aviación had a net margin of 5.99% and a return on equity of 71.50%. The company had revenue of $835.00 million for the quarter, compared to the consensus estimate of $709.48 million. As a group, equities analysts expect that Controladora Vuela Compañía de Aviación, S.A.B. de C.V. will post 1.21 EPS for the current fiscal year.

Institutional Trading of Controladora Vuela Compañía de Aviación

A number of large investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership purchased a new position in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at $14,786,000. Mackenzie Financial Corp bought a new position in Controladora Vuela Compañía de Aviación during the fourth quarter valued at $4,550,000. WCM Investment Management LLC grew its stake in shares of Controladora Vuela Compañía de Aviación by 13.3% in the 4th quarter. WCM Investment Management LLC now owns 2,479,591 shares of the transportation company’s stock worth $18,423,000 after buying an additional 291,252 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Controladora Vuela Compañía de Aviación in the 4th quarter worth about $2,106,000. Finally, JPMorgan Chase & Co. raised its position in shares of Controladora Vuela Compañía de Aviación by 236.2% during the 4th quarter. JPMorgan Chase & Co. now owns 227,601 shares of the transportation company’s stock valued at $1,693,000 after buying an additional 159,900 shares in the last quarter. Institutional investors own 53.32% of the company’s stock.

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.