Volaris Aviation (VLRS) Seems Tp Be A Stock That Goldman Sachs Is Interested In

July 16, 2018 - By Megan Stone

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

How Goldman Sachs Currently Rates Volaris Aviation (VLRS)

Goldman Sachs revealed to investors and clients in an analyst note that it has begun coverage on Volaris Aviation (VLRS) stock, with Sell rating.

The stock decreased 1.70% or $0.11 during the last trading session, reaching $6.36. About 262,518 shares traded. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) has declined 60.28% since July 16, 2017 and is downtrending. It has underperformed by 72.85% the S&P500.

Analysts await Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) to report earnings on July, 20. They expect $-0.13 earnings per share, up 55.17 % or $0.16 from last year’s $-0.29 per share. After $-0.60 actual earnings per share reported by Controladora Vuela Compañía de Aviación, S.A.B. de C.V. for the previous quarter, Wall Street now forecasts -78.33 % EPS growth.

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company has market cap of $599.25 million. As of December 31, 2016, the firm operated a fleet of 69 Airbus narrow-body aircraft, which include 15 Airbus A319s, 44 A320s, and 10 A321s. It currently has negative earnings. It operates approximately 302 daily flights on routes that connect 40 cities in Mexico and 22 cities in the United States and Central America.

More recent Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) news were published by: Prnewswire.com which released: “Volaris Reports June 2018 Traffic Results; Passenger Growth of 14%, Load Factor of 87%” on July 07, 2018. Also Streetinsider.com published the news titled: “Goldman Sachs Starts Volaris (VLRS) at Sell” on July 16, 2018. Prnewswire.com‘s news article titled: “UpLift and Volaris Partner to Make Air Travel to Mexico, Central America Even More Affordable and Accessible” with publication date: June 18, 2018 was also an interesting one.

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Ratings Chart

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