JPMorgan Chase & Co. Reaffirms Neutral Rating for Auna (NYSE:AUNA)

Auna (NYSE:AUNA)‘s stock had its “neutral” rating reiterated by equities researchers at JPMorgan Chase & Co. in a note issued to investors on Tuesday,Benzinga reports. They currently have a $6.00 target price on the stock, down from their prior target price of $13.50. JPMorgan Chase & Co.‘s price target points to a potential upside of 19.45% from the company’s previous close.

Other equities research analysts have also recently issued reports about the stock. Zacks Research upgraded shares of Auna from a “strong sell” rating to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of Auna in a report on Tuesday, October 14th. Finally, Wall Street Zen cut Auna from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $6.95.

Auna Stock Performance

Shares of Auna stock opened at $5.02 on Tuesday. Auna has a one year low of $4.83 and a one year high of $9.24. The company has a market cap of $371.75 million, a price-to-earnings ratio of 5.71 and a beta of 2.25. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.84 and a current ratio of 0.91. The business’s 50 day moving average price is $6.16 and its 200 day moving average price is $6.33.

Auna (NYSE:AUNA) last issued its earnings results on Tuesday, August 19th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.20. Auna had a return on equity of 15.14% and a net margin of 5.49%.The company had revenue of $309.00 million during the quarter, compared to analysts’ expectations of $1.17 billion. On average, research analysts predict that Auna will post 0.5 EPS for the current year.

Institutional Trading of Auna

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fiera Capital Corp lifted its stake in Auna by 11.7% during the first quarter. Fiera Capital Corp now owns 1,517,685 shares of the company’s stock worth $10,791,000 after purchasing an additional 159,561 shares in the last quarter. Hohimer Wealth Management LLC purchased a new stake in shares of Auna in the 2nd quarter valued at $264,000. Goldman Sachs Group Inc. acquired a new position in Auna during the 1st quarter worth about $219,000. S Bank Fund Management Ltd purchased a new position in Auna during the 2nd quarter valued at about $126,000. Finally, Millennium Management LLC acquired a new position in Auna in the 3rd quarter valued at about $83,000.

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.