Controladora Vuela Co Avcn SA CV (NYSE:VLRS)‘s stock had its “sell” rating reissued by Zacks Investment Research in a report released on Saturday.

According to Zacks, “Controladora Vuela Compania de Aviacion, S.A.B. de C.V. provides aircraft transportation services. The company offers general cargo shipments, priority shipments of live animals, fresh food and flowers, medicines and perishable foods, express shipments and transportation of human remains after the loss of a loved one. Controladora Vuela Compania de Aviacion, S.A.B. de C.V. is based in Santa Fe, Mexico. “

A number of other research firms have also issued reports on VLRS. Barclays set a $15.00 price target on shares of Controladora Vuela Co Avcn SA CV and gave the company a “buy” rating in a report on Wednesday, October 11th. Santander lowered shares of Controladora Vuela Co Avcn SA CV from a “buy” rating to a “hold” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Controladora Vuela Co Avcn SA CV currently has an average rating of “Hold” and a consensus target price of $15.92.

Controladora Vuela Co Avcn SA CV (NYSE VLRS) traded up $0.05 during mid-day trading on Friday, hitting $8.32. 992,529 shares of the company’s stock were exchanged, compared to its average volume of 671,216. Controladora Vuela Co Avcn SA CV has a one year low of $7.93 and a one year high of $16.00. The company has a market cap of $725.99, a P/E ratio of -59.43 and a beta of -0.11.

Controladora Vuela Co Avcn SA CV (NYSE:VLRS) last released its earnings results on Wednesday, October 25th. The transportation company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. Controladora Vuela Co Avcn SA CV had a negative net margin of 1.07% and a negative return on equity of 2.76%. The business had revenue of $362.00 million for the quarter, compared to the consensus estimate of $409.00 million. sell-side analysts predict that Controladora Vuela Co Avcn SA CV will post -0.46 EPS for the current fiscal year.

Several hedge funds have recently made changes to their positions in VLRS. Dynamic Technology Lab Private Ltd bought a new stake in Controladora Vuela Co Avcn SA CV during the 3rd quarter worth about $154,000. Citadel Advisors LLC bought a new position in shares of Controladora Vuela Co Avcn SA CV during the 3rd quarter worth approximately $174,000. Royal Bank of Canada grew its stake in shares of Controladora Vuela Co Avcn SA CV by 62.8% in the second quarter. Royal Bank of Canada now owns 14,472 shares of the transportation company’s stock valued at $210,000 after buying an additional 5,580 shares in the last quarter. Dimension Capital Management LLC acquired a new position in Controladora Vuela Co Avcn SA CV in the third quarter valued at about $227,000. Finally, Adalta Capital Management LLC acquired a new position in Controladora Vuela Co Avcn SA CV during the second quarter worth about $251,000.

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About Controladora Vuela Co Avcn SA CV

Controladora Vuela Compania de Aviacion SAB de CV is a Mexico-based company engaged in the airline passenger transportation sector. The Company operates as an ultra-low-cost carrier (ULCC). Its activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations).

Analyst Recommendations for Controladora Vuela Co Avcn SA CV (NYSE:VLRS)

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