Controladora Vuela Compañía de Aviación (VLRS) to Release Quarterly Earnings on Monday

Controladora Vuela Compañía de Aviación (NYSE:VLRS) is anticipated to release its earnings data before the market opens on Monday, February 24th. Analysts expect Controladora Vuela Compañía de Aviación to post earnings of $0.55 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Controladora Vuela Compañía de Aviación Stock Performance

VLRS stock opened at $7.76 on Friday. The firm has a 50 day simple moving average of $8.12 and a 200 day simple moving average of $7.24. Controladora Vuela Compañía de Aviación has a 52 week low of $5.15 and a 52 week high of $9.57. The stock has a market cap of $904.23 million, a P/E ratio of 4.67 and a beta of 2.45. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.69 and a current ratio of 0.70.

Analysts Set New Price Targets

A number of brokerages have issued reports on VLRS. StockNews.com lowered shares of Controladora Vuela Compañía de Aviación from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 23rd. Itau BBA Securities began coverage on Controladora Vuela Compañía de Aviación in a research report on Wednesday, February 12th. They set an “outperform” rating and a $12.00 price objective for the company. UBS Group upped their target price on Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a “buy” rating in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. raised their price target on Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 12th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Controladora Vuela Compañía de Aviación has an average rating of “Buy” and a consensus target price of $13.14.

About Controladora Vuela Compañía de Aviación

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.