Afya Limited (NASDAQ:AFYA - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $15.53 and last traded at $15.53, with a volume of 12921 shares. The stock had previously closed at $17.30.
Analyst Upgrades and Downgrades
Separately, UBS Group started coverage on Afya in a report on Friday, August 30th. They issued a "neutral" rating and a $19.50 target price for the company.
Read Our Latest Stock Analysis on Afya
Afya Price Performance
The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 0.36 and a beta of 0.91. The business's 50-day simple moving average is $16.77 and its two-hundred day simple moving average is $17.29. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.47 and a quick ratio of 1.47.
Afya (NASDAQ:AFYA - Get Free Report) last issued its quarterly earnings data on Thursday, August 15th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.35 by $0.06. The firm had revenue of $155.40 million during the quarter, compared to analysts' expectations of $151.83 million. Afya had a net margin of 18.12% and a return on equity of 18.82%. Research analysts expect that Afya Limited will post 1.52 earnings per share for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in AFYA. Lifestyle Asset Management Inc. grew its holdings in Afya by 13.3% in the 3rd quarter. Lifestyle Asset Management Inc. now owns 16,753 shares of the company's stock worth $286,000 after acquiring an additional 1,969 shares during the last quarter. Quantbot Technologies LP increased its holdings in Afya by 73.8% during the third quarter. Quantbot Technologies LP now owns 13,268 shares of the company's stock valued at $226,000 after buying an additional 5,636 shares during the last quarter. Cubist Systematic Strategies LLC boosted its position in shares of Afya by 136.9% in the second quarter. Cubist Systematic Strategies LLC now owns 35,254 shares of the company's stock worth $622,000 after purchasing an additional 20,370 shares during the period. DekaBank Deutsche Girozentrale bought a new position in shares of Afya in the third quarter worth approximately $417,000. Finally, PDT Partners LLC bought a new position in shares of Afya during the third quarter worth $481,000. 88.02% of the stock is currently owned by hedge funds and other institutional investors.
About Afya
(
Get Free Report)
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.
Featured Articles
Before you consider Afya, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Afya wasn't on the list.
While Afya currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
