VLRS Stock Trades Lower Than Its Industry at 0.29X P/S:Time to Buy?

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (VLRS) , popularly known as Volaris,is one of the cheapest stocks in the broader Zacks Transportation - Airline industry with a Value Score of A.The VLRS stock is trading at a discount with a forward 12-month price-to-sales (P/S) of 0.29X compared with the industry’s 1.14X. Image Source: Zacks Investment Research Volaris, based in Mexico, is an ultra-low-cost carrier. VLRS shares are cheaper than those of the United States-based ultra-low-cost carrier ...