Afya Limited (NASDAQ:AFYA) Receives Consensus Recommendation of "Hold" from Brokerages

Key Points

• Afya Limited (NASDAQ:AFYA) has received a consensus rating of "Hold" from six research firms, with one sell rating, two hold ratings, and three buy ratings.
• UBS Group recently upgraded Afya from "neutral" to "buy," while analysts estimate a 1-year target price for the stock at $18.20.
• The company has a market capitalization of $1.46 billion and its stock was down 0.7%, opening at $15.60 on Monday.

Shares of Afya Limited (NASDAQ:AFYA - Get Free Report) have earned an average recommendation of "Hold" from the six analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $18.20.

A number of brokerages have recently issued reports on AFYA. Zacks Research raised Afya to a "hold" rating in a research note on Friday, August 8th. Morgan Stanley set a $17.50 target price on Afya and gave the stock an "overweight" rating in a research note on Wednesday, August 6th. Citigroup raised Afya from a "sell" rating to a "neutral" rating and cut their target price for the stock from $16.00 to $14.00 in a research note on Tuesday, July 29th. UBS Group raised Afya from a "neutral" rating to a "buy" rating and cut their target price for the stock from $19.50 to $19.00 in a research note on Monday, September 8th. Finally, Wall Street Zen raised Afya from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 13th.

Institutional Investors Weigh In On Afya

A number of institutional investors and hedge funds have recently modified their holdings of AFYA. Public Employees Retirement System of Ohio grew its holdings in Afya by 40.0% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,800 shares of the company's stock valued at $44,000 after buying an additional 800 shares during the last quarter. Militia Capital Partners LP purchased a new position in shares of Afya in the 2nd quarter worth $71,000. Quantbot Technologies LP purchased a new position in shares of Afya in the 2nd quarter worth $117,000. State of Wyoming purchased a new position in Afya in the second quarter valued at about $164,000. Finally, Quadrature Capital Ltd purchased a new position in Afya in the second quarter valued at about $181,000. Institutional investors and hedge funds own 88.02% of the company's stock.

Afya Stock Performance

Shares of NASDAQ AFYA traded down $0.14 during trading hours on Monday, reaching $15.82. The stock had a trading volume of 48,104 shares, compared to its average volume of 81,046. The firm has a 50-day moving average of $15.02 and a 200-day moving average of $16.95. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.22. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 11.98, a PEG ratio of 0.48 and a beta of 0.56. Afya has a fifty-two week low of $13.47 and a fifty-two week high of $19.90.

Afya Company Profile

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.