Controladora Vuela Compania de Aviacion (NYSE:VLRS – Free Report) had its price target hoisted by Barclays from $7.00 to $9.00 in a research report sent to investors on Thursday,Benzinga reports. The brokerage currently has an equal weight rating on the transportation company’s stock.
Several other brokerages also recently commented on VLRS. Weiss Ratings restated a “sell (d)” rating on shares of Controladora Vuela Compania de Aviacion in a research report on Wednesday, October 8th. JPMorgan Chase & Co. lifted their target price on Controladora Vuela Compania de Aviacion from $7.00 to $8.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. Wall Street Zen raised Controladora Vuela Compania de Aviacion from a “sell” rating to a “hold” rating in a report on Saturday, September 20th. Evercore ISI increased their price objective on shares of Controladora Vuela Compania de Aviacion from $9.00 to $12.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Finally, Citigroup cut shares of Controladora Vuela Compania de Aviacion from a “buy” rating to a “neutral” rating and set a $7.00 price objective on the stock. in a research report on Friday, August 22nd. Six analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $8.67.
View Our Latest Stock Analysis on VLRS
Controladora Vuela Compania de Aviacion Price Performance
Controladora Vuela Compania de Aviacion (NYSE:VLRS – Get Free Report) last announced its quarterly earnings data on Monday, October 27th. The transportation company reported $0.05 EPS for the quarter, beating 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 firm had revenue of $784.00 million for the quarter, compared to the consensus estimate of $783.85 million. Research analysts expect that Controladora Vuela Compania de Aviacion will post 1.21 EPS for the current fiscal year.
Institutional Trading of Controladora Vuela Compania de Aviacion
A number of large investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC raised its stake in Controladora Vuela Compania de Aviacion by 5.9% during the first quarter. Acadian Asset Management LLC now owns 1,268,133 shares of the transportation company’s stock valued at $6,610,000 after purchasing an additional 71,163 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Controladora Vuela Compania de Aviacion by 322.5% in the 1st quarter. AQR Capital Management LLC now owns 1,280,268 shares of the transportation company’s stock worth $6,683,000 after buying an additional 977,249 shares in the last quarter. Diametric Capital LP bought a new stake in shares of Controladora Vuela Compania de Aviacion in the 2nd quarter worth about $1,067,000. American Century Companies Inc. raised its position in shares of Controladora Vuela Compania de Aviacion by 4.1% during the 1st quarter. American Century Companies Inc. now owns 273,847 shares of the transportation company’s stock valued at $1,429,000 after buying an additional 10,706 shares in the last quarter. Finally, M&T Bank Corp purchased a new stake in shares of Controladora Vuela Compania de Aviacion during the 2nd quarter valued at about $704,000. Institutional investors own 53.32% of the company’s stock.
More Controladora Vuela Compania de Aviacion News
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
About Controladora Vuela Compania de Aviacion
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.
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