Afya Limited (NASDAQ:AFYA) Receives Average Rating of “Moderate Buy” from Brokerages

Afya Limited (NASDAQ:AFYA) has received an average recommendation of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $18.75.

A number of research analysts have commented on AFYA shares. Weiss Ratings restated a “hold (c)” rating on shares of Afya in a research note on Wednesday, October 8th. UBS Group raised Afya from a “neutral” rating to a “buy” rating and lowered their price target for the company from $19.50 to $19.00 in a research note on Monday, September 8th. Wall Street Zen lowered shares of Afya from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. upgraded shares of Afya from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $23.50 to $24.50 in a research note on Monday, September 8th.

Hedge Funds Weigh In On Afya

Several hedge funds have recently bought and sold shares of AFYA. Militia Capital Partners LP bought a new position in Afya during the second quarter valued at about $71,000. Quantbot Technologies LP acquired a new position in shares of Afya during the 2nd quarter valued at about $117,000. Van ECK Associates Corp raised its stake in shares of Afya by 15.7% in the 3rd quarter. Van ECK Associates Corp now owns 10,170 shares of the company’s stock valued at $159,000 after acquiring an additional 1,377 shares in the last quarter. State of Wyoming bought a new position in shares of Afya in the 2nd quarter valued at approximately $164,000. Finally, Quadrature Capital Ltd acquired a new stake in Afya in the 2nd quarter worth approximately $181,000. 88.02% of the stock is owned by institutional investors and hedge funds.

Afya Trading Down 0.7%

Shares of NASDAQ:AFYA opened at $14.70 on Wednesday. Afya has a 12-month low of $13.47 and a 12-month high of $19.90. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $1.38 billion, a P/E ratio of 10.58, a price-to-earnings-growth ratio of 0.52 and a beta of 0.52. The firm has a fifty day moving average of $14.66 and a two-hundred day moving average of $15.37.

About Afya

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.