Controladora Vuela Compania de Aviacion S.A.B. de C.V. [NYSE: VLRS] plunged by -$0.65 during the normal trading session on Friday and reaching a high of $16.12 during the day while it closed the day at $15.62. The company report on March 9, 2021 that Volaris reports February 2021 traffic results: 1.1 million passengers transported, with focus on flexible capacity deployment.
Volaris* (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States and Central America, reports February 2021 preliminary traffic results.
Increased numbers of COVID-19 cases, which triggered stay-at-home orders and travel restrictions in Mexico and the United States, led to demand weakness during February 2021. The Company continues to prioritize preserving liquidity, while maintaining its low-cost structure.
Controladora Vuela Compania de Aviacion S.A.B. de C.V. stock has also gained 2.90% of its value over the past 7 days. However, VLRS stock has inclined by 37.02% in the 3 months of the year. Over the past six months meanwhile, it has gained 93.08% and gained 25.76% year-on date.
The market cap for VLRS stock reached $1.74 billion, with 101.19 million shares outstanding and 97.93 million shares in the current float. Compared to the average trading volume of 501.72K shares, VLRS reached a trading volume of 3116041 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VLRS shares is $16.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VLRS stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Controladora Vuela Compania de Aviacion S.A.B. de C.V. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on January 28, 2021. The new note on the price target was released on January 25, 2021, representing the official price target for Controladora Vuela Compania de Aviacion S.A.B. de C.V. stock.
The Average True Range (ATR) for Controladora Vuela Compania de Aviacion S.A.B. de C.V. is set at 0.80, with the Price to Sales ratio for VLRS stock in the period of the last 12 months amounting to 1.61. The Price to Book ratio for the last quarter was 4.35. Price to Free Cash Flow for VLRS in the course of the last twelve months was 17.42 with Quick ratio for the last quarter at 1.10.
VLRS stock trade performance evaluation
Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.90. With this latest performance, VLRS shares gained by 19.33% in over the last four-week period, additionally plugging by 93.08% over the last 6 months – not to mention a rise of 182.46% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VLRS stock in for the last two-week period is set at 61.36, with the RSI for the last a single of trading hit 57.35, and the three-weeks RSI is set at 62.84 for Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS]. The present Moving Average for the last 50 days of trading for this stock 13.21, while it was recorded at 15.90 for the last single week of trading, and 9.11 for the last 200 days.
Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS] shares currently have an operating margin of -15.83 and a Gross Margin at -2.54. Controladora Vuela Compania de Aviacion S.A.B. de C.V.’s Net Margin is presently recorded at -19.02.
Return on Total Capital for VLRS is now -6.91, given the latest momentum, and Return on Invested Capital for the company is -9.75. Return on Equity for this stock declined to -103.15, with Return on Assets sitting at -6.53. When it comes to the capital structure of this company, Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS] has a Total Debt to Total Equity ratio set at 1,770.67. Additionally, VLRS Total Debt to Total Capital is recorded at 94.65, with Total Debt to Total Assets ending up at 72.57. Long-Term Debt to Equity for the company is recorded at 1,470.46, with the Long-Term Debt to Total Capital now at 78.61.
Receivables Turnover for the company is 9.53 with a Total Asset Turnover recorded at a value of 0.34.Controladora Vuela Compania de Aviacion S.A.B. de C.V.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.
Earnings per share (EPS) analysis for Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS] stock
With the latest financial reports released by the company, Controladora Vuela Compania de Aviacion S.A.B. de C.V. posted -0.63/share EPS, while the average EPS was predicted by analysts to be reported at -0.16/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -293.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VLRS.
Controladora Vuela Compania de Aviacion S.A.B. de C.V. [VLRS]: Insider Ownership positions
Positions in Controladora Vuela Compania de Aviacion S.A.B. de C.V. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 47 institutional holders increased their position in Controladora Vuela Compania de Aviacion S.A.B. de C.V. [NYSE:VLRS] by around 449,365,504 shares. Additionally, 22 investors decreased positions by around 2,426,316 shares, while 11 investors held positions by with 166,436,153 shares. The mentioned changes placed institutional holdings at 618,227,973 shares, according to the latest SEC report filing. VLRS stock had 33 new institutional investments in for a total of 21,596,188 shares, while 8 institutional investors sold positions of 160,008 shares during the same period.