YPF Sociedad Anónima (NYSE:YPF) Stock Price Down 2.6%

YPF Sociedad Anónima (NYSE:YPF)’s stock price traded down 2.6% on Tuesday . The company traded as low as $23.13 and last traded at $23.26. 125,598 shares changed hands during trading, a decline of 94% from the average session volume of 2,131,720 shares. The stock had previously closed at $23.87.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on YPF. Bank of America upped their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday. The Goldman Sachs Group upped their price target on YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a research note on Thursday, July 25th. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Monday, August 12th. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $18.50 to $20.00 and gave the company a “neutral” rating in a research report on Tuesday, May 28th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $25.37.

YPF Sociedad Anónima Stock Performance

The company’s fifty day moving average price is $21.31 and its two-hundred day moving average price is $20.99. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93. The firm has a market capitalization of $9.26 billion, a PE ratio of -9.20, a price-to-earnings-growth ratio of 0.11 and a beta of 1.81.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, topping the consensus estimate of $0.42 by $0.90. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. The firm had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.59 billion. As a group, equities analysts expect that YPF Sociedad Anónima will post 5.68 earnings per share for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. acquired a new position in shares of YPF Sociedad Anónima in the second quarter worth about $26,000. Transcendent Capital Group LLC acquired a new stake in shares of YPF Sociedad Anónima during the first quarter worth approximately $28,000. Ashton Thomas Private Wealth LLC acquired a new stake in YPF Sociedad Anónima in the second quarter valued at $63,000. Headlands Technologies LLC bought a new position in YPF Sociedad Anónima during the 1st quarter valued at $113,000. Finally, SG Americas Securities LLC bought a new position in shares of YPF Sociedad Anónima during the second quarter worth about $185,000. 10.08% of the stock is owned by institutional investors and hedge funds.

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.