Controladora Vuela Co Avcn SA CV (NYSE:VLRS) is set to post its quarterly earnings results after the market closes on Thursday, October 24th. Analysts expect Controladora Vuela Co Avcn SA CV to post earnings of $0.33 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.
Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last posted its quarterly earnings data on Thursday, July 25th. The transportation company reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.03) by $0.09. Controladora Vuela Co Avcn SA CV had a net margin of 3.32% and a return on equity of 15.86%. The business had revenue of $435.00 million during the quarter, compared to analysts’ expectations of $412.00 million. On average, analysts expect Controladora Vuela Co Avcn SA CV to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
VLRS opened at $10.64 on Wednesday. Controladora Vuela Co Avcn SA CV has a twelve month low of $5.15 and a twelve month high of $10.99. The company has a 50-day simple moving average of $10.27 and a 200 day simple moving average of $9.57. The company has a quick ratio of 0.69, a current ratio of 0.71 and a debt-to-equity ratio of 8.46. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of -30.40 and a beta of 1.26.
Several equities research analysts recently weighed in on the stock. Bradesco Corretora reaffirmed a “neutral” rating and set a $11.00 price objective on shares of Controladora Vuela Co Avcn SA CV in a research report on Tuesday, September 17th. ValuEngine cut shares of Controladora Vuela Co Avcn SA CV from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 1st. Barclays raised shares of Controladora Vuela Co Avcn SA CV from an “equal weight” rating to an “overweight” rating in a report on Monday, July 29th. Citigroup set a $12.00 target price on shares of Controladora Vuela Co Avcn SA CV and gave the stock a “buy” rating in a report on Monday, July 15th. Finally, Zacks Investment Research raised shares of Controladora Vuela Co Avcn SA CV from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Saturday, October 12th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $10.84.
Controladora Vuela Co Avcn SA CV Company Profile
Controladora Vuela Compañía de Aviación, SAB. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. As of December 31, 2018, the company operated a fleet of 77 Airbus narrow-body aircraft, which include 8 Airbus A319s, 55 A320s, and 14 A321s. It operates approximately 394 daily flight segments on routes that connect 40 cities in Mexico and 26 cities in the United States and Central America.
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