YPF Sociedad Anónima (NYSE:YPF) Reaches New 1-Year High – What’s Next?

YPF Sociedad Anónima (NYSE:YPF)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $56.30 and last traded at $56.8970, with a volume of 88074 shares traded. The stock had previously closed at $54.27.

Wall Street Analyst Weigh In

Several research analysts have issued reports on YPF shares. Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. UBS Group raised their price target on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a report on Monday, March 30th. Finally, Zacks Research upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima presently has an average rating of “Moderate Buy” and an average target price of $46.00.

YPF Sociedad Anónima Stock Up 5.3%

The firm has a market cap of $22.49 billion, a P/E ratio of -54.98 and a beta of 1.24. The stock’s 50 day simple moving average is $46.38 and its 200 day simple moving average is $40.34. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.94.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.20. The business had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. Research analysts anticipate that YPF Sociedad Anónima will post 4.97 EPS for the current year.

Insiders Place Their Bets

In other YPF Sociedad Anónima news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $43.61, for a total transaction of $554,675.59. Following the completion of the sale, the vice president owned 101 shares in the company, valued at approximately $4,404.61. The trade was a 99.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Mauricio Alejandro Martin sold 3,430 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $43.60, for a total transaction of $149,548.00. Following the sale, the vice president owned 14 shares of the company’s stock, valued at $610.40. This trade represents a 99.59% decrease in their position. The SEC filing for this sale provides additional information.

Institutional Trading of YPF Sociedad Anónima

Several institutional investors have recently made changes to their positions in the company. Oaktree Fund Advisors LLC bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter worth $5,019,000. Oaktree Capital Management LP bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter worth $40,972,000. Royal Bank of Canada grew its stake in shares of YPF Sociedad Anónima by 31.2% in the 1st quarter. Royal Bank of Canada now owns 7,556 shares of the oil and gas exploration company’s stock worth $349,000 after acquiring an additional 1,796 shares in the last quarter. Compound Planning Inc. bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter worth $661,000. Finally, Modern Wealth Management LLC bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter worth $424,000. Institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state?owned oil company.