YPF Sociedad Anónima (NYSE:YPF) Trading 6.4% Higher – What’s Next?

YPF Sociedad Anónima (NYSE:YPF)’s stock price traded up 6.4% during mid-day trading on Wednesday . The stock traded as high as $38.82 and last traded at $39.0230. 1,186,771 shares were traded during mid-day trading, a decline of 24% from the average session volume of 1,560,429 shares. The stock had previously closed at $36.68.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Wall Street Zen raised YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research report on Monday, March 2nd. Weiss Ratings cut shares of YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research report on Monday. Finally, Zacks Research upgraded YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $41.67.

YPF Sociedad Anónima Trading Up 6.3%

The company’s 50 day simple moving average is $36.62 and its two-hundred day simple moving average is $33.42. The company has a quick ratio of 0.68, a current ratio of 0.87 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $15.33 billion, a price-to-earnings ratio of -18.49 and a beta of 1.44.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported ($1.67) EPS for the quarter, missing the consensus estimate of $0.77 by ($2.44). The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $3.14 million. YPF Sociedad Anónima had a negative return on equity of 0.26% and a negative net margin of 4.48%. As a group, research analysts anticipate that YPF Sociedad Anónima will post 7.25 earnings per share for the current fiscal 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 business. Acadian Asset Management LLC purchased a new position in shares of YPF Sociedad Anónima during the 1st quarter worth $561,000. Envestnet Asset Management Inc. increased its holdings in shares of YPF Sociedad Anónima by 16.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 73,858 shares of the oil and gas exploration company’s stock valued at $2,323,000 after acquiring an additional 10,336 shares during the last quarter. First Horizon Advisors Inc. purchased a new stake in YPF Sociedad Anónima during the second quarter worth approximately $57,000. Prospera Financial Services Inc boosted its holdings in YPF Sociedad Anónima by 33.3% in the second quarter. Prospera Financial Services Inc now owns 42,564 shares of the oil and gas exploration company’s stock valued at $1,339,000 after purchasing an additional 10,635 shares in the last quarter. Finally, Fiera Capital Corp purchased a new position in YPF Sociedad Anónima in the second quarter valued at approximately $3,176,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

About YPF Sociedad Anónima

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.