Controladora Vuela Compañía de AviaciónVLRS
Market Cap: $686M
About: Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.
Employees: 7,198
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
234% more call options, than puts
Call options by funds: $147K | Put options by funds: $44K
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
6% more funds holding
Funds holding: 78 [Q1] → 83 (+5) [Q2]
0.06% more ownership
Funds ownership: 4.09% [Q1] → 4.15% (+0.06%) [Q2]
13% less capital invested
Capital invested by funds: $354M [Q1] → $308M (-$45.8M) [Q2]
19% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 27
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
TD Cowen Helane Becker 37% 1-year accuracy 7 / 19 met price target | 68%upside $10 | Buy Maintained | 17 Jul 2024 |
Financial journalist opinion
Based on 4 articles about VLRS published over the past 30 days