Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The consensus price target hints at a 26.9% upside potential for Controladora Vuela (VLRS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Controladora Vuela (VLRS) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
| Passenger Airlines Industry | Industrials Sector | Enrique Javier Beltranena Mejicano CEO | XDUS Exchange | US21240E1055 ISIN |
| MX Country | 6,901 Employees | - Last Dividend | - Last Split | 18 Sep 2013 IPO Date |
Controladora Vuela Compañía de Aviación, S.A.B. de C.V., commonly known by its trade name Volaris, is a prominent airline based in Mexico City, Mexico. Founded in 2005, the company has grown to provide vital air transportation services both within Mexico and internationally. It operates under its subsidiary, Concesionaria Vuela Compañía de Aviación, S.A.P.I. de C.V., focusing predominantly on passenger, cargo, and mail transport. As of the end of 2022, Volaris managed an extensive schedule with approximately 590 daily flights. These flights connect an expansive network including 43 cities across Mexico, 22 cities in the United States, 4 cities in Central America, and 2 in South America. The airline’s fleet comprised 116 leased aircraft and 23 spare engines, showcasing its capability to meet the demands of its widespread operations.
Volaris offers a comprehensive range of products and services tailored to meet the varied needs of its customers. These include: