Why Fast-paced Mover Controladora Vuela (VLRS) Is a Great Choice for Value Investors
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.
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 geopolitical and currency risks, Volaris benefits from nearshoring trends and a favorable Mexican investment climate, with significant cash holdings in US dollars. The third quarter saw a 15.5% operating margin increase due to lower fuel costs and effective capacity management, despite a 4.1% revenue decline.
Wall Street Analysts Predict a 73.42% Upside in Controladora Vuela (VLRS): Here's What You Should Know
The mean of analysts' price targets for Controladora Vuela (VLRS) points to a 73.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Are Investors Undervaluing Controladora Vuela Compania de Aviacion, B. de C.V. (VLRS) Right Now?
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.
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 Enrique Beltranena - President & Chief Executive Officer Holger Blankenstein - Airline Executive Vice President Jaime Pous - Chief Financial Officer Conference Call Participants Duane Pfennigwerth - Evercore ISI Guilherme Mendes - JPMorgan Stephen Trent - Citi Thomas Fitzgerald - TD Cowen Rogerio Araujo - Bank of America Jens Spiess - Morgan Stanley Michael Linenberg - Deutsche Bank Operator Good morning, everyone.
Compared to Estimates, Controladora Vuela (VLRS) Q3 Earnings: A Look at Key Metrics
The headline numbers for Controladora Vuela (VLRS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Controladora Vuela (VLRS) Q3 Earnings and Revenues Surpass Estimates
Controladora Vuela (VLRS) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to loss of $0.33 per share a year ago.
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-high Q2 EBITDAR despite capacity reductions, driven by strategic planning, increased customer loyalty, and rising ancillary revenue. Volaris is making progress on grounded aircraft, with improved maintenance from Pratt & Whitney, and is expected to increase capacity in the second half of 2024, signaling strong growth ahead.
How Much Upside is Left in Controladora Vuela (VLRS)? Wall Street Analysts Think 72.87%
The average of price targets set by Wall Street analysts indicates a potential upside of 72.9% in Controladora Vuela (VLRS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Fast-paced Momentum Stock Controladora Vuela (VLRS) Is Still Trading at a Bargain
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Controladora Vuela (VLRS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Can Controladora Vuela (VLRS) Climb 94.84% to Reach the Level Wall Street Analysts Expect?
The mean of analysts' price targets for Controladora Vuela (VLRS) points to a 94.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Is Controladora Vuela Compania de Aviacion, B. de C.V. (VLRS) Stock Undervalued Right Now?
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.
