Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS – Get Free Report) has been given an average rating of “Moderate Buy” by the ten brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $8.6667.
A number of brokerages have recently issued reports on VLRS. JPMorgan Chase & Co. increased their price target on shares of Controladora Vuela Compania de Aviacion from $7.00 to $8.00 and gave the stock an “overweight” rating in a report on Friday, September 19th. Evercore ISI increased their target price on shares of Controladora Vuela Compania de Aviacion from $9.00 to $12.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Wall Street Zen raised shares of Controladora Vuela Compania de Aviacion from a “sell” rating to a “hold” rating in a report on Saturday, September 20th. Barclays raised shares of Controladora Vuela Compania de Aviacion from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $9.00 to $11.00 in a report on Friday. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Controladora Vuela Compania de Aviacion in a research report on Wednesday, October 8th.
Check Out Our Latest Research Report on Controladora Vuela Compania de Aviacion
Controladora Vuela Compania de Aviacion Trading Up 13.5%
Controladora Vuela Compania de Aviacion (NYSE:VLRS – Get Free Report) last released its quarterly earnings data on Monday, October 27th. The transportation company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.08. Controladora Vuela Compania de Aviacion had a negative return on equity of 20.74% and a negative net margin of 2.07%.The company had revenue of $784.00 million for the quarter, compared to analyst estimates of $783.85 million. As a group, analysts expect that Controladora Vuela Compania de Aviacion will post 1.21 EPS for the current year.
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
Institutional Trading of Controladora Vuela Compania de Aviacion
A number of large investors have recently modified their holdings of the business. Russell Investments Group Ltd. increased its position in shares of Controladora Vuela Compania de Aviacion by 11.4% in the first quarter. Russell Investments Group Ltd. now owns 69,150 shares of the transportation company’s stock worth $373,000 after purchasing an additional 7,088 shares during the last quarter. American Century Companies Inc. grew its stake in Controladora Vuela Compania de Aviacion by 4.1% in the 1st quarter. American Century Companies Inc. now owns 273,847 shares of the transportation company’s stock worth $1,429,000 after buying an additional 10,706 shares in the last quarter. Wellington Management Group LLP purchased a new position in Controladora Vuela Compania de Aviacion in the 1st quarter worth approximately $3,312,000. Banco BTG Pactual S.A. bought a new position in shares of Controladora Vuela Compania de Aviacion in the 1st quarter worth $2,056,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of Controladora Vuela Compania de Aviacion during the 1st quarter valued at $534,000. Institutional investors own 53.32% of the company’s stock.
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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