YPF Sociedad Anónima (NYSE:YPF) Hits New 52-Week High – What’s Next?

YPF Sociedad Anónima (NYSE:YPF) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $43.47 and last traded at $42.5650, with a volume of 1824612 shares changing hands. The stock had previously closed at $41.21.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Zacks Research raised YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Weiss Ratings downgraded shares of YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research note on Monday, March 9th. Finally, Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a research report on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $41.67.

YPF Sociedad Anónima Stock Up 1.1%

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 stock has a 50-day simple moving average of $37.97 and a two-hundred day simple moving average of $34.21. The firm has a market cap of $17.17 billion, a PE ratio of -20.69 and a beta of 1.44.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings data on Thursday, February 26th. The oil and gas exploration company reported ($1.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($2.44). The firm had revenue of $4.56 billion during 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%. Analysts expect that YPF Sociedad Anónima will post 7.25 earnings per share for the current year.

Insiders Place Their Bets

In other YPF Sociedad Anónima news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $43.61, for a total value of $554,675.59. Following the completion of the sale, the vice president owned 101 shares of the company’s stock, valued at $4,404.61. This represents a 99.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Hsbc Holdings PLC lifted its holdings in shares of YPF Sociedad Anónima by 70.3% in the 4th quarter. Hsbc Holdings PLC now owns 299,442 shares of the oil and gas exploration company’s stock worth $10,792,000 after acquiring an additional 123,659 shares during the last quarter. Alpine Global Management LLC bought a new position in shares of YPF Sociedad Anónima during the 4th quarter valued at $7,377,000. First Growth Capital LLC bought a new position in shares of YPF Sociedad Anónima during the 4th quarter valued at $715,000. Amundi raised its position in YPF Sociedad Anónima by 31.7% in the 4th quarter. Amundi now owns 85,574 shares of the oil and gas exploration company’s stock worth $3,094,000 after purchasing an additional 20,583 shares during the period. Finally, State of Wisconsin Investment Board purchased a new position in YPF Sociedad Anónima in the 4th quarter worth $2,035,000. 10.08% of the stock is owned by hedge funds and other institutional investors.

YPF Sociedad Anónima Company Profile

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.