YPF Sociedad Anónima (NYSE:YPF) Hits New 52-Week High – Should You Buy?
by Teresa Graham · The Cerbat GemYPF Sociedad Anónima (NYSE:YPF – Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $49.00 and last traded at $48.9410, with a volume of 260777 shares traded. The stock had previously closed at $47.07.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on YPF. Weiss Ratings downgraded shares of YPF Sociedad Anónima from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, May 13th. Zacks Research upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 6th. UBS Group boosted their target price on shares of YPF Sociedad Anónima from $37.00 to $45.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. 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. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, YPF Sociedad Anónima has an average rating of “Moderate Buy” and an average price target of $44.50.
Read Our Latest Stock Report on YPF
YPF Sociedad Anónima Stock Performance
The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.94. The stock has a market cap of $18.71 billion, a P/E ratio of -45.76 and a beta of 1.21. The company’s 50 day moving average price is $42.93 and its 200-day moving average price is $38.76.
YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The oil and gas exploration company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.20. The company had revenue of $5.03 billion during the quarter, compared to analyst estimates of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. Equities analysts forecast that YPF Sociedad Anónima will post 6.96 EPS for the current fiscal year.
Insider Activity
In other YPF Sociedad Anónima news, VP Marcelo Gustavo Aldeco sold 12,719 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $43.61, for a total transaction of $554,675.59. Following the sale, the vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Mauricio Alejandro Martin sold 3,430 shares of the company’s stock in a transaction dated Wednesday, March 25th. The shares were sold at an average price of $43.60, for a total transaction of $149,548.00. Following the sale, the vice president directly owned 14 shares in the company, valued at approximately $610.40. This trade represents a 99.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information.
Institutional Investors Weigh In On YPF Sociedad Anónima
Institutional investors and hedge funds have recently modified their holdings of the company. Global Trust Asset Management LLC purchased a new stake in shares of YPF Sociedad Anónima in the fourth quarter worth about $43,000. 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 worth $33,000 after buying an additional 1,123 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of YPF Sociedad Anónima in the fourth quarter worth about $59,000. Rakuten Securities Inc. lifted its holdings in shares of YPF Sociedad Anónima by 13.7% in the fourth quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock worth $94,000 after buying an additional 314 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in shares of YPF Sociedad Anónima by 58.8% in the third quarter. Hantz Financial Services Inc. now owns 3,034 shares of the oil and gas exploration company’s stock worth $74,000 after buying an additional 1,123 shares in the last quarter. 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.
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