YPF Sociedad Anónima (NYSE:YPF) Downgraded to “Hold” Rating by Zacks Research

Zacks Research cut shares of YPF Sociedad Anónima (NYSE:YPFFree Report) from a strong-buy rating to a hold rating in a report released on Monday morning,Zacks.com reports.

Other research analysts have also issued research reports about the company. Morgan Stanley raised YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. UBS Group increased their price objective on YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 28th. Finally, Wall Street Zen raised shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, YPF Sociedad Anónima has a consensus rating of “Hold” and an average target price of $46.00.

View Our Latest Stock Analysis on YPF Sociedad Anónima

YPF Sociedad Anónima Price Performance

Shares of NYSE YPF opened at $45.48 on Monday. The stock has a market capitalization of $17.89 billion, a price-to-earnings ratio of -43.73 and a beta of 1.24. The business has a 50-day moving average of $48.07 and a 200-day moving average of $41.66. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.73. YPF Sociedad Anónima has a fifty-two week low of $22.82 and a fifty-two week high of $57.49.

YPF Sociedad Anónima (NYSE:YPFGet Free Report) last released its earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.20. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%.The business had revenue of $5.03 billion for the quarter, compared to analyst estimates of $5.04 billion. As a group, sell-side analysts predict that YPF Sociedad Anónima will post 5.66 earnings per share for the current fiscal year.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of institutional investors have recently bought and sold shares of the business. VR Advisory Services Ltd raised its stake in YPF Sociedad Anónima by 5.9% in the third quarter. VR Advisory Services Ltd now owns 3,605,533 shares of the oil and gas exploration company’s stock valued at $87,578,000 after buying an additional 200,000 shares during the period. North of South Capital LLP lifted its position in shares of YPF Sociedad Anónima by 3.1% in the fourth quarter. North of South Capital LLP now owns 1,670,378 shares of the oil and gas exploration company’s stock valued at $60,401,000 after buying an additional 50,395 shares during the last quarter. Oaktree Capital Management LP bought a new position in shares of YPF Sociedad Anónima during the 1st quarter worth approximately $40,972,000. UBS Group AG boosted its stake in shares of YPF Sociedad Anónima by 125.2% during the 3rd quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company’s stock worth $15,822,000 after acquiring an additional 362,155 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of YPF Sociedad Anónima by 161.2% during the 2nd quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company’s stock worth $17,880,000 after acquiring an additional 350,842 shares during the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for YPF Sociedad Anónima (NYSE:YPF)

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