YPF Sociedad Anónima (NYSE:YPF) Stock Price Down 7.3% – What’s Next?

YPF Sociedad Anónima (NYSE:YPF) shares dropped 7.3% during mid-day trading on Tuesday . The stock traded as low as $33.63 and last traded at $33.53. 1,484,797 shares changed hands during trading, a decline of 30% from the average session volume of 2,108,440 shares. The stock had previously closed at $36.18.

Wall Street Analyst Weigh In

YPF has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. raised YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $25.00 to $59.50 in a research note on Friday, January 10th. StockNews.com lowered shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Tuesday. Bank of America raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $31.00 to $55.00 in a report on Monday, December 9th. Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $33.00 to $44.00 in a report on Wednesday, November 27th. Finally, UBS Group restated a “neutral” rating and set a $38.00 price target (up from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $39.16.

YPF Sociedad Anónima Stock Performance

The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The firm’s fifty day moving average price is $38.10 and its 200-day moving average price is $33.85. The company has a market cap of $13.98 billion, a P/E ratio of 17.95, a P/E/G ratio of 0.18 and a beta of 1.89.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($1.25). YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. The firm had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.86 billion. As a group, research analysts forecast that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dorsey Wright & Associates lifted its holdings in shares of YPF Sociedad Anónima by 12.5% during the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after acquiring an additional 28,617 shares during the period. JPMorgan Chase & Co. raised its position in YPF Sociedad Anónima by 1,119.3% in the third quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company’s stock worth $5,314,000 after purchasing an additional 230,001 shares in the last quarter. Strategic Financial Concepts LLC bought a new position in YPF Sociedad Anónima during the fourth quarter worth about $2,927,000. Vaughan Nelson Investment Management L.P. bought a new position in YPF Sociedad Anónima during the fourth quarter worth about $2,244,000. Finally, Fourth Sail Capital LP acquired a new stake in YPF Sociedad Anónima during the fourth quarter valued at approximately $5,667,000. 10.08% of the stock is owned by 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.