Afya Limited (NASDAQ:AFYA) Receives Consensus Rating of “Hold” from Analysts

Shares of Afya Limited (NASDAQ:AFYA) have been given an average recommendation of “Hold” by the seven brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $17.75.

Several analysts recently issued reports on AFYA shares. Zacks Research downgraded Afya from a “hold” rating to a “strong sell” rating in a report on Friday, August 21st. Bradesco Corretora upgraded shares of Afya to an “outperform” rating and set a $17.00 target price on the stock in a report on Thursday, September 24th. Weiss Ratings downgraded Afya from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Bank of America restated a “neutral” rating on shares of Afya in a report on Thursday, June 11th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Afya from $21.50 to $21.00 and set a “neutral” rating for the company in a research note on Monday, June 22nd.

Afya Price Performance

Shares of NASDAQ AFYA opened at $11.82 on Friday. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $13.91 and its 200 day moving average price is $14.31. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 7.21 and a beta of 0.35. Afya has a 52 week low of $11.62 and a 52 week high of $16.16.

Afya (NASDAQ:AFYA) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.03. Afya had a net margin of 20.55% and a return on equity of 17.58%. The business had revenue of $187.80 million during the quarter, compared to analyst estimates of $189.62 million. As a group, research analysts forecast that Afya will post 1.86 earnings per share for the current fiscal year.

Institutional Trading of Afya

A number of hedge funds have recently modified their holdings of AFYA. Public Employees Retirement System of Ohio purchased a new position in shares of Afya during the second quarter valued at $67,000. Engineers Gate Manager LP acquired a new stake in Afya during the 2nd quarter worth about $325,000. Banco BTG Pactual S.A. acquired a new stake in Afya during the 4th quarter worth about $462,000. Finally, Swedbank AB grew its stake in Afya by 170.3% during the 4th quarter. Swedbank AB now owns 189,200 shares of the company’s stock valued at $2,916,000 after acquiring an additional 119,200 shares in the last quarter. Hedge funds and other institutional investors own 88.02% of the company’s stock.

About Afya

Afya Limited is a Brazilian medical education and technology company that operates an integrated platform for physicians and medical students. The company provides education and professional development throughout the medical career cycle, from undergraduate training and residency preparation to continuing medical education and specialization programs.

Afya’s offerings include medical schools, preparatory courses, postgraduate and continuing education programs, digital learning tools, and clinical practice technologies.