YPF Sociedad Anónima (NYSE:YPF) Trading Up 8.5% – Here’s Why

Shares of YPF Sociedad Anónima (NYSE:YPF) shot up 8.5% during trading on Friday . The stock traded as high as $29.85 and last traded at $29.93. 1,659,467 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 2,103,829 shares. The stock had previously closed at $27.58.

Analysts Set New Price Targets

Several research analysts have recently commented on YPF shares. JPMorgan Chase & Co. upgraded YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $25.00 to $59.50 in a research report on Friday, January 10th. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Tuesday, March 18th. Four 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 price target of $42.02.

YPF Sociedad Anónima Stock Performance

The firm has a 50 day moving average of $34.79 and a two-hundred day moving average of $34.98. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. The stock has a market cap of $11.78 billion, a PE ratio of 15.13, a PEG ratio of 0.18 and a beta of 1.58.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Advisors Preferred LLC acquired a new position in shares of YPF Sociedad Anónima in the 4th quarter valued at $44,000. GAMMA Investing LLC grew its position in YPF Sociedad Anónima by 130.3% during the 4th quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company’s stock worth $94,000 after purchasing an additional 1,251 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of YPF Sociedad Anónima by 16.1% in the fourth quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company’s stock valued at $103,000 after buying an additional 336 shares during the last quarter. Verde Servicos Internacionais S.A. acquired a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth about $128,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of YPF Sociedad Anónima by 41.3% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,829 shares of the oil and gas exploration company’s stock worth $163,000 after buying an additional 1,119 shares during the last quarter. Institutional investors and hedge funds 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.