Controladora Vuela Cia De Aviacion ADR (NYSE:VLRS) finished Wednesday with an addition of $0.24 to close at $7.30, an upside of 3.40 percent. An average of 888,940 shares of common stock have been traded in the last five days. There was a fall of -$1.38 in the past week, and it reached a new high 33 times over the past 12 months. The last 20 days have seen an average of 777,185 shares traded, while the 50-day average volume stands at 533,942.
VLRS stock has decreased by -24.27% in the last month. The company shares reached their 1-month lowest point of $6.78 on 09/26/23. With the stock rallying to its 52-week high on 06/12/23, shares of the company touched a low of $6.78 and a high of $15.05 in 52 weeks. It has reached a new high 29 times so far this year and lost -12.68% or -$1.06 in price. In spite of this, the price is down -51.49% from the 52-week high.
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Valuation Metrics
Controladora Vuela Cia De Aviacion ADR (VLRS) has a trailing price-to-earnings (P/E) ratio of 336.41. The stock’s beta is 2.53. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.26, the price-to-book (PB) ratio at 4.87, and the price-to-cash flow ratio at 3.21.
Financial Health
The quick ratio of Controladora Vuela Cia De Aviacion ADR for the three months ended March 30 was 0.65, and the current ratio was 0.66, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 15.35 and a total debt to equity ratio of 18.27 for the quarter ending March 30. Controladora Vuela Cia De Aviacion ADR’s EBITDA margin for the year ending March 30 is 15.33%, while its operating margin for the same period stands at 3.32%. Its gross profit as reported stood at $1.55 billion compared to revenue of $2.85 billion.
Earnings Surprise
For the three-month period that ended March 30, Controladora Vuela Cia De Aviacion ADR had $244.45 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$80.22 million in the quarter, while revenues were grew 228.42%. The analyst consensus anticipated Controladora Vuela Cia De Aviacion ADR’s latest quarter earnings to come in at -$0.32 per share, but it turned out to be -$0.61, a -90.60% surprise. For the quarter, EBITDA amounted to $51.0 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Controladora Vuela Cia De Aviacion ADR (VLRS) price momentum. RSI 9-day as of the close on 27 September was 24.68%, suggesting the stock is oversold, with historical volatility in this time frame at 87.32%.
As of today, VLRS’s price is $7.62 -15.90% or -$1.38 from its 5-day moving average. VLRS is currently trading -27.15% lower than its 20-day SMA and -35.63% lower than its 100-day SMA. However, the stock’s current price level is -46.36% below the SMA50 and -24.04% below the SMA200.
The stochastic %K and %D were 7.39% and 5.36%, respectively, and the average true range (ATR) was 0.52. With the 14-day stochastic at 14.01% and the average true range at 0.50, the RSI (14) stands at 26.84%. The stock has reached -0.80 on the 9-day MACD Oscillator while the 14-day reading was at -1.41.
Analyst Ratings
JP Morgan launched coverage on Controladora Vuela Cia De Aviacion ADR (NYSE: VLRS) in its analyst report released on June 06, 2022. The firm assigned the stock an Overweight rating. The consensus rating for Controladora Vuela Cia De Aviacion ADR (VLRS) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell VLRS, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 12 others rate it as a “buy”.
What is VLRS’s price target for the next 12 months?
Analysts predict a range of price targets between $12.50 and $27.00, with a median target of $19.33. Taking a look at these predictions, the average price target given by analysts for Controladora Vuela Cia De Aviacion ADR (VLRS) stock is $19.01.
