Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS)

NYSE: VLRS · Real-Time Price · USD
8.05
-0.21 (-2.54%)
Nov 20, 2024, 4:00 PM EST - Market closed
-2.54%
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]

Industry Airlines
Sector Industrials
Founded 2005
Employees 7,198
Stock Exchange NYSE
Ticker Symbol VLRS
Full Company Profile

Financial Performance

Financial numbers in MXN Financial Statements

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.

Price Target
$12.85
(59.63% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

13 days ago - GlobeNewsWire

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...

14 days ago - Seeking Alpha

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...

4 weeks ago - Seeking Alpha

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...

4 weeks ago - GlobeNewsWire

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...

4 weeks ago - Seeking Alpha

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...

6 weeks ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

5 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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.

6 months ago - Reuters

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...

6 months ago - GlobeNewsWire

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 ...

7 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire