Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS)
Market Cap | 928.20M |
Revenue (ttm) | 3.21B |
Net Income (ttm) | 192.82M |
Shares Out | 1.15B |
EPS (ttm) | 0.17 |
PE Ratio | 4.81 |
Forward PE | 12.55 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 396,470 |
Open | 8.26 |
Previous Close | 8.26 |
Day's Range | 8.01 - 8.30 |
52-Week Range | 5.15 - 9.67 |
Beta | 1.78 |
Analysts | Strong Buy |
Price Target | 12.85 (+59.63%) |
Earnings Date | Oct 22, 2024 |
About VLRS
Controladora Vuela Compañía de Aviación, S.A.B. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America. As of December 31, 2022, it leased 116 aircrafts and 23 spare engines. The company also offers merchandising, travel agenc... [Read more]
Analyst Forecast
According to 6 analysts, the average rating for VLRS stock is "Strong Buy." The 12-month stock price forecast is $12.85, which is an increase of 59.63% from the latest price.
News
Volaris Reports October 2024 Traffic Results: Strong Demand Across Our Markets, Load Factor of 87%
MEXICO CITY, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...
Volaris: The Potential In This Airline Stock Remains Huge
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris) has managed to keep costs low and mitigate risks, leading to an 11% stock gain since July, outperforming the S&P 500. Despite geopolit...
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) Q3 2024 Earnings Call Transcript
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q3 2024 Earnings Conference Call October 23, 2024 11:00 AM ET Company Participants Ricardo Martinez - Investor Relations Director E...
Volaris Reports Financial Results for the Third Quarter 2024: EBITDAR of USD $315 million, a 52% increase
MEXICO CITY, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...
Volaris: Operational Resilience Amid Fleet Issues Underscores Significant Potential
Volaris, Mexico's largest ultra-low-cost airline with a market cap over $800 million, has grown from 5 to over 230 routes since 2006, making it the tenth-largest airline. The company achieved record-h...
Volaris Reports September 2024 Traffic Results: 85% Load Factor
MEXICO CITY, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...
Volaris Reports August 2024 Traffic Results: 87% Load Factor
MEXICO CITY, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serv...
Volaris Group Continues to Expand Foodservice & Hospitality Vertical with Acquisition of Zupa
TORONTO and FARNHAM, United Kingdom, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Volaris Group Inc. (“Volaris”), today, announced the acquisition of Zupa Tech Limited (“Zupa”) and its flagship solution, Caterne...
Volaris Announces the Release of the 2023 Integrated Annual Report
MEXICO CITY, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...
Volaris Reports July 2024 Traffic Results: 90% Load Factor
MEXICO CITY, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...
Volaris: A Mispriced Airline Stock With Huge Potential
Volaris reported the highest EBITDAR for any second quarter, improving full year outlook. Capacity cut due to engine issues led to a decrease in revenues, but expenses decreased, pointing to margin ex...
Volaris Hardly Flying High Despite Healthy Margins And Progress On Aircraft Groundings
Good cost control allowed Volaris to report better-than-expected EBITDAR in Q2'24, with EBITDAR up 23% on a 7% revenue decline driven by 17% less capacity. Engine repair turnaround times are improving...
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (VLRS) Q2 2024 Earnings Call Transcript
Controladora Vuela Compania de Aviacion, S.A.B. de C.V. (NYSE:VLRS) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Ricardo Martinez - Investor Relations Director Enri...
Volaris Reports Financial Results for the Second Quarter 2024: Net Income of USD $10 million
MEXICO CITY, , July 22, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) ser...
Bullet Solutions acquired by Kinetic – a Volaris Group company
Kinetic expands global footprint in the higher education market with acquisition of Bullet Solutions, enabled by Volaris Group. Kinetic expands global footprint in the higher education market with acq...
Volaris: A Low-Cost Carrier Trading At A Significant Discount
Volaris experienced revenue growth in Q1 despite a 13% capacity reduction, with TRASM up 21% due to market constraints. The company expects further capacity reductions in Q2 but anticipates improved E...
Volaris Reports June 2024 Traffic Results: 86% Load Factor
MEXICO CITY, July 08, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...
Aviation Capital Group Announces Delivery of One A321neo to Volaris
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one A321neo aircraft on long-term lease...
Volaris Reports May 2024 Traffic Results: 86% Load Factor
MEXICO CITY, June 06, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servi...
US fines Volaris up to $300,000 for violating tarmac delay rules
The U.S. Transportation Department said on Wednesday it will fine Mexican carrier Volaris Airlines up to $300,000 for airport tarmac delays that violate federal law.
Volaris Reports April 2024 Traffic Results: 85% Load Factor
MEXICO CITY, May 09, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) servin...
Volaris Celebrates Frontier Airlines' Reactivation of the Codeshare Agreement Between Both Airlines
Starting today, Frontier Customers will have access to more than 40 destinations in Mexico through Volaris Partnership Starting today, Frontier Customers will have access to more than 40 destinations ...
Key Factors Driving Volaris' Success In The Aviation Market
Controladora Vuela Compañía de Aviación delivered better than expected EPS and quarterly results. Analysts are expecting EPS growth for Q3 2024. Recent capex growth, bus to air conversion, internation...
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) Q1 2024 Earnings Call Transcript
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q1 2024 Results Conference Call April 23, 2024 11:00 AM ET Company Participants Ricardo Martinez - Investor Relations Director Enri...
Volaris Reports Financial Results for the First Quarter 2024: Net Income of USD $33 million
MEXICO CITY, April 22, 2024 (GLOBE NEWSWIRE) -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serv...