YPF Sociedad Anónima (NYSE:YPF) Issues Earnings Results, Misses Estimates By $1.95 EPS

YPF Sociedad Anónima (NYSE:YPF) announced its earnings results on Monday. The oil and gas exploration company reported $0.31 earnings per share for the quarter, missing the consensus estimate of $2.26 by ($1.95), FiscalAI reports. YPF Sociedad Anónima had a positive return on equity of 1.11% and a negative net margin of 2.16%.The company had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $5.99 billion.

YPF Sociedad Anónima Stock Up 0.2%

Shares of YPF traded up $0.09 during midday trading on Wednesday, hitting $49.24. The company had a trading volume of 110,462 shares, compared to its average volume of 1,918,404. The stock has a market cap of $19.37 billion, a price-to-earnings ratio of -47.36 and a beta of 1.28. The company’s 50 day moving average price is $49.93 and its 200 day moving average price is $44.65. YPF Sociedad Anónima has a 52 week low of $22.82 and a 52 week high of $57.49. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.76.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on YPF. Wall Street Zen upgraded YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. UBS Group raised their target price on YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, May 28th. Finally, Zacks Research lowered shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 29th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $46.00.

Insiders Place Their Bets

In other news, CEO Horacio Daniel Marin acquired 2,840 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were bought at an average price of $46.35 per share, with a total value of $131,634.00. Following the purchase, the chief executive officer owned 92,193 shares of the company’s stock, valued at approximately $4,273,145.55. This represents a 3.18% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Matias Osvaldo Farina acquired 8,875 shares of YPF Sociedad Anónima stock in a transaction dated Thursday, July 2nd. The stock was purchased at an average price of $45.22 per share, with a total value of $401,327.50. Following the completion of the purchase, the vice president directly owned 55,687 shares of the company’s stock, valued at $2,518,166.14. The trade was a 18.96% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders have acquired 11,792 shares of company stock valued at $537,153.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. lifted its holdings in shares of YPF Sociedad Anónima by 488.3% in the third quarter. Sunbelt Securities Inc. now owns 1,353 shares of the oil and gas exploration company’s stock valued at $33,000 after purchasing an additional 1,123 shares in the last quarter. Van ECK Associates Corp raised its stake in YPF Sociedad Anónima by 246.9% during the third quarter. Van ECK Associates Corp now owns 7,663 shares of the oil and gas exploration company’s stock worth $186,000 after buying an additional 5,454 shares during the last quarter. Royal Bank of Canada boosted its stake in YPF Sociedad Anónima by 20.8% during the fourth quarter. Royal Bank of Canada now owns 5,760 shares of the oil and gas exploration company’s stock worth $208,000 after acquiring an additional 990 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of YPF Sociedad Anónima by 7,696.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,796 shares of the oil and gas exploration company’s stock worth $245,000 after purchasing an additional 7,696 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new position in shares of YPF Sociedad Anónima in the third quarter valued at approximately $272,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

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.