YPF Sociedad Anónima (NYSE:YPF) Raised to Buy at StockNews.com

StockNews.com upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a hold rating to a buy rating in a research note released on Friday.

A number of other research analysts have also issued reports on YPF. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their target price for the company from $23.50 to $30.00 in a research report on Friday, August 30th. JPMorgan Chase & Co. lifted their target price on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Citigroup upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their price target for the stock from $24.00 to $33.00 in a research report on Friday. The Goldman Sachs Group raised their price target on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Finally, Bank of America increased their target price on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.37.

YPF Sociedad Anónima Trading Up 4.8 %

Shares of YPF Sociedad Anónima stock opened at $26.59 on Friday. The firm has a 50-day simple moving average of $23.53 and a two-hundred day simple moving average of $21.94. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93. YPF Sociedad Anónima has a fifty-two week low of $9.57 and a fifty-two week high of $26.85. The company has a market cap of $10.46 billion, a P/E ratio of -12.66, a price-to-earnings-growth ratio of 0.11 and a beta of 1.78.

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

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of institutional investors have recently added to or reduced their stakes in YPF. Ping Capital Management Inc. purchased a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth $51,676,000. Marshall Wace LLP raised 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 purchasing an additional 932,212 shares during the period. Duquesne Family Office LLC acquired a new position in YPF Sociedad Anónima in the 2nd quarter valued at about $12,845,000. Russell Investments Group Ltd. grew its stake in shares of YPF Sociedad Anónima by 307.2% in the 1st 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 buying an additional 482,178 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of YPF Sociedad Anónima during the 2nd quarter worth approximately $6,890,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.

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.