Controladora Vuela (VLRS) closed the last trading session at $7.15, gaining 10.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $12.36 indicates a 72.9% upside potential.The average comprises nine short-term price targets ranging from a low of $9 to a high of $16.50, with a standard deviation of $2.43. While the lowest estimate indicates an increase of 25.9% from the current pric ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...

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) serving Mexico, the United States, Central, and South America, reports its September 2024 preliminary traffic results. In September 2024, Volaris' ASM capacity decreased by 12.8% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. Volaris transported 2.3 mi ...

Controladora Vuela (VLRS) closed the last trading session at $6.40, gaining 14.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $12.47 indicates a 94.8% upside potential. The mean estimate comprises nine short-term price targets with a standard deviation of $2.27. While the lowest estimate of $10 indicates a 56.3% increase from the current price level, the most optimistic analyst ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tr ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...

Controladora Vuela (VLRS) shares rallied 5.5% in the last trading session to close at $5.91. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 3.7% gain over the past four weeks. The uptick in share price was due to the impressive load factor (% of seats filled by passengers) of 87% maintained by the Mexican carrier in August despite challenges. Load factor in August was flat year over year. The airline transpo ...

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) serving Mexico, the United States, Central, and South America, reports its August 2024 preliminary traffic results. In August 2024, Volaris' ASM capacity decreased by 15.1% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings. Volaris transported 2.6 million ...

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, Caternet. Joining IndiCater Limited ("IndiCater"), a Volaris company, this deal further builds the organizations' leadership in the foodservice and hospitality sector in the UK. Caternet, founded in 2004 by the late Jerry Brand, is a leading provider of catering management solutions, serving a variety of sectors inclu ...

Core Insights - Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (Volaris) released its 2023 Integrated Annual Report titled "Total Vision: Exploring New Perspectives" [1] Company Overview - Volaris is an ultra-low-cost carrier (ULCC) operating point-to-point services in Mexico, the United States, Central, and South America [3] - Since its inception in March 2006, Volaris has expanded its routes from 5 to over 214 and its fleet from 4 to 137 aircraft [3] - The company operates more than 495 daily flight segments connecting 44 cities in Mexico and 29 cities in the United States, Central, and South America [3] - Volaris targets cost-conscious business and leisure travelers, as well as passengers visiting friends and relatives [3] - The company has received the ESR Award for Social Corporate Responsibility for fifteen consecutive years [3]