Controladora Vuela Cia De Aviacion ADR (NYSE:VLRS) price on Friday, June 13, fall -4.08% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $4.47.
A look at the stock’s price movement, the close in the last trading session was $4.66. The PE ratio in trailing twelve months stood at 12.43. Turning to its 52-week performance, $9.00 and $3.49 were the 52-week high and 52-week low respectively. Overall, VLRS moved 2.29% over the past month.
Controladora Vuela Cia De Aviacion ADR’s market cap currently stands at around $514.05 million, with investors looking forward to this quarter’s earnings report slated for in July.
Analysts have a consensus estimate of 12.99B for the company’s revenue for the quarter, with a low and high estimate of 12.61B and 13.5B respectively. The average forecast suggests down to a -0.15% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 58.25B, representing a -8.86% decline on that reported in the last financial year.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 4 recommend VLRS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VLRS’s current price about -2.47% and 0.29% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.65, while 7-day volatility ratio is 1.93% and 2.47% in the 30-day chart. Further, Controladora Vuela Cia De Aviacion ADR (VLRS) has a beta value of 2.14, and an average true range (ATR) of 0.19. Analysts have given the company’s stock an average 52-week price target of $12, forecast between a low of $12 and high of $12. Looking at the price targets, the low is -168.46% off current price level while to achieve the yearly target high, price needs to move -168.46%. Nonetheless, investors will most likely welcome a -168.46% jump to $12 which is the analysts’ median price.
If we refocus on Controladora Vuela Cia De Aviacion ADR (NYSE:VLRS), historical trading data shows that trading volumes averaged 1.40 million over the past 3 months. The company’s latest data on shares outstanding shows there are 115.00 million shares.
The 18.23% of Controladora Vuela Cia De Aviacion ADR’s shares are in the hands of company insiders while institutional holders own 23.28% of the company’s shares. Current price change has pushed the stock -39.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VLRS stock continues to rise going into the next quarter.
