Afya Limited (NASDAQ:AFYA) Given Consensus Recommendation of “Hold” by Brokerages

Afya Limited (NASDAQ:AFYA) has earned a consensus recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat reports. One 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 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $17.3750.

A number of research analysts recently commented on AFYA shares. Wall Street Zen raised shares of Afya from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 10th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $22.00 price objective (down previously from $24.50) on shares of Afya in a report on Wednesday, January 7th. Weiss Ratings reissued a “hold (c)” rating on shares of Afya in a report on Wednesday, October 8th. Sanford C. Bernstein raised Afya to a “market perform” rating in a report on Friday, January 16th. Finally, Zacks Research cut shares of Afya from a “hold” rating to a “strong sell” rating in a report on Friday, January 9th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of AFYA. Susquehanna International Group LLP acquired a new position in shares of Afya in the third quarter valued at approximately $419,000. Qube Research & Technologies Ltd purchased a new position in Afya in the 3rd quarter valued at $610,000. Doma Perpetual Capital Management LLC increased its stake in Afya by 50.6% in the 3rd quarter. Doma Perpetual Capital Management LLC now owns 891,639 shares of the company’s stock valued at $13,910,000 after buying an additional 299,419 shares during the period. Lazard Asset Management LLC raised its position in Afya by 167.6% during the 3rd quarter. Lazard Asset Management LLC now owns 49,399 shares of the company’s stock worth $771,000 after buying an additional 30,936 shares during the last quarter. Finally, Squarepoint Ops LLC acquired a new stake in shares of Afya in the 3rd quarter worth $191,000. 88.02% of the stock is currently owned by hedge funds and other institutional investors.

Afya Stock Performance

Shares of Afya stock opened at $14.32 on Friday. The firm has a market capitalization of $1.34 billion, a P/E ratio of 10.30, a P/E/G ratio of 0.52 and a beta of 0.53. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.21. Afya has a 52 week low of $13.12 and a 52 week high of $19.90. The firm’s 50 day moving average is $14.75 and its two-hundred day moving average is $14.94.

Afya Company Profile

Afya Ltd. operates as a leading provider of medical education and training services in Brazil. The company offers a comprehensive suite of educational programs that span undergraduate medical degrees, residency exam preparation, continuing medical education (CME) and digital learning platforms. Through a network of partner institutions and its own campus operations, Afya supports students at every stage of the medical training continuum, from enrollment in medical schools to ongoing professional development for practicing physicians.

At the core of Afya’s offerings is its undergraduate medical program, delivered through a combination of in-person courses at affiliated campuses and fully digital curricula.