Is Controladora Vuela Co Avcn SA CV (ADR) (VLRS) a Sell? The Stock Reaches Yearly Low Today

October 13, 2017 - By Louis Casey

The stock of Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) hit a new 52-week low and has $10.41 target or 8.00 % below today’s $11.31 share price. The 6 months bearish chart indicates high risk for the $995.19 million company. The 1-year low was reported on Oct, 13 by Barchart.com. If the $10.41 price target is reached, the company will be worth $79.62M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

About 379,456 shares traded or 2.34% up from the average. Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) has declined 33.79% since October 13, 2016 and is downtrending. It has underperformed by 50.49% the S&P500.

Investors wait Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) to report on October, 25. its quarterly earnings Wall Street analysts expect $0.22 earnings per share, down $0.29 or 56.86 % from last year’s $0.51 same quarter earnings. This translates into $19.36 million profit for VLRS giving the stock a 12.85 P/E. This is assuming the current $0.22 EPS is accurate. Controladora Vuela Co Avcn SA CV (ADR)’s Wall Street analysts see -175.86 % EPS growth, taking into account the $-0.29 EPS reproted in the previous quarter,

Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) Ratings Coverage

Among 8 analysts covering Controladora Vuela Companía de Aviacion S.A.B. de C.V. (NYSE:VLRS), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Controladora Vuela Companía de Aviacion S.A.B. de C.V. had 18 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Cowen & Co given on Friday, October 28. The firm earned “Outperform” rating on Tuesday, October 20 by Cowen & Co. Morgan Stanley maintained the shares of VLRS in report on Tuesday, April 19 with “Equal-Weight” rating. Cowen & Co maintained Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) on Monday, September 11 with “Buy” rating. Cowen & Co maintained Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) rating on Tuesday, February 21. Cowen & Co has “Outperform” rating and $17 target. The firm has “Outperform” rating given on Thursday, June 29 by Imperial Capital. On Monday, August 7 the stock rating was maintained by Cowen & Co with “Buy”. The rating was upgraded by Barclays Capital to “Overweight” on Thursday, October 13. Deutsche Bank downgraded the stock to “Hold” rating in Friday, April 21 report. On Thursday, April 6 the stock rating was upgraded by HSBC to “Hold”.

Controladora Vuela Compania de Aviacion SAB de CV is a Mexico firm engaged in the airline passenger transportation sector. The company has market cap of $995.19 million. The Firm operates as an ultra-low-cost carrier . It has a 211.53 P/E ratio. The Company’s activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations).

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