YPF Sociedad Anónima (NYSE:YPF) Downgraded by StockNews.com

StockNews.com downgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a hold rating in a report released on Monday morning.

Several other research analysts have also commented on YPF. Bank of America boosted their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, September 18th. The Goldman Sachs Group increased their price target on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a report on Thursday, July 25th. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price objective for the company from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 25th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima currently has a consensus rating of “Hold” and a consensus target price of $25.94.

YPF Sociedad Anónima Price Performance

YPF opened at $24.30 on Monday. The firm has a 50-day moving average price of $23.01 and a 200-day moving average price of $21.73. YPF Sociedad Anónima has a twelve month low of $9.57 and a twelve month high of $25.89. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $9.56 billion, a price-to-earnings ratio of -9.49, a PEG ratio of 0.11 and a beta of 1.81.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.90. The business had revenue of $4.94 billion for the quarter, compared to analysts’ expectations of $4.59 billion. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. Equities analysts expect that YPF Sociedad Anónima will post 5.34 EPS for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ping Capital Management Inc. purchased a new position in YPF Sociedad Anónima during the second quarter valued at $51,676,000. Encompass Capital Advisors LLC lifted its position in YPF Sociedad Anónima by 16.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock valued at $23,519,000 after acquiring an additional 168,919 shares during the period. Marshall Wace LLP boosted its stake in YPF Sociedad Anónima by 6,194.9% during the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after acquiring an additional 932,212 shares in the last quarter. Discovery Capital Management LLC CT grew its holdings in YPF Sociedad Anónima by 6.9% in the second quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock worth $14,997,000 after purchasing an additional 48,000 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of YPF Sociedad Anónima by 307.2% during the first quarter. Russell Investments Group Ltd. now owns 639,116 shares of the oil and gas exploration company’s stock valued at $12,655,000 after purchasing an additional 482,178 shares in the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company’s downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.