Auna (NYSE:AUNA) Downgraded to "Hold" Rating by Wall Street Zen

Key Points

• Auna was downgraded from a "buy" rating to a "hold" rating by Wall Street Zen, indicating a shift in analyst sentiment regarding the stock's performance.
• Despite beating earnings estimates with $0.19 EPS compared to the anticipated $0.16, Auna's revenue of $281.43 million fell significantly short of the consensus estimate of $1.12 billion.
• Several hedge funds have recently acquired stakes in Auna, with Fiera Capital Corp increasing its holdings by 11.7% during the last quarter.

Wall Street Zen cut shares of Auna (NYSE:AUNA - Free Report) from a buy rating to a hold rating in a report issued on Saturday morning.

Other research analysts have also issued research reports about the company. Hsbc Global Res upgraded Auna to a "hold" rating in a report on Thursday, May 22nd. HSBC set a $7.90 target price on Auna and gave the company a "hold" rating in a report on Thursday, May 22nd.

Auna Stock Up 0.6%

NYSE:AUNA traded up $0.04 on Friday, hitting $6.29. The stock had a trading volume of 19,873 shares, compared to its average volume of 37,530. The business's fifty day moving average is $6.31 and its 200 day moving average is $7.01. The company has a market cap of $465.15 million, a PE ratio of 10.84 and a beta of 2.25. The company has a quick ratio of 0.78, a current ratio of 0.83 and a debt-to-equity ratio of 1.76. Auna has a 52 week low of $6.09 and a 52 week high of $9.24.

Auna (NYSE:AUNA - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.03. Auna had a return on equity of 10.39% and a net margin of 3.67%. The business had revenue of $281.43 million for the quarter, compared to analyst estimates of $1.12 billion. During the same quarter in the prior year, the company earned $0.10 earnings per share. On average, equities research analysts expect that Auna will post 0.5 EPS for the current fiscal year.

Institutional Trading of Auna

A number of institutional investors and hedge funds have recently modified their holdings of AUNA. Deltec Asset Management LLC increased its position in shares of Auna by 2.3% during the first quarter. Deltec Asset Management LLC now owns 90,500 shares of the company's stock valued at $643,000 after acquiring an additional 2,000 shares during the last quarter. Fiera Capital Corp increased its position in shares of Auna by 11.7% during the first quarter. Fiera Capital Corp now owns 1,517,685 shares of the company's stock valued at $10,791,000 after acquiring an additional 159,561 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Auna during the first quarter valued at approximately $219,000. S Bank Fund Management Ltd purchased a new stake in shares of Auna during the second quarter valued at approximately $126,000. Finally, HBK Sorce Advisory LLC purchased a new stake in shares of Auna during the second quarter valued at approximately $62,000.

About Auna

Auna SA, a healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia. The company provides prepaid healthcare plans in Peru; and dental and vision plans in Mexico. The company was founded in 1989 and is based in Luxembourg, Luxembourg.