YPF Sociedad Anónima (NYSE:YPF) Shares Up 4% – Time to Buy?

YPF Sociedad Anónima (NYSE:YPF) shares rose 4% during trading on Wednesday . The company traded as high as $23.04 and last traded at $22.98. Approximately 528,703 shares changed hands during trading, a decline of 75% from the average daily volume of 2,074,805 shares. The stock had previously closed at $22.10.

Wall Street Analysts Forecast Growth

YPF has been the topic of a number of recent research reports. StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, August 12th. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their price target for the company from $23.50 to $30.00 in a research note on Friday, August 30th. Bank of America increased their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 18th. The Goldman Sachs Group lifted their price objective on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a report on Thursday, July 25th. Finally, JPMorgan Chase & Co. upped their target price on shares of YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, September 25th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $25.94.

YPF Sociedad Anónima Trading Up 6.9 %

The company has a market cap of $9.29 billion, a price-to-earnings ratio of -9.18, a price-to-earnings-growth ratio of 0.10 and a beta of 1.81. The company’s fifty day moving average price is $21.92 and its two-hundred day moving average price is $21.38. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.59 billion. Research analysts expect that YPF Sociedad Anónima will post 5.25 earnings per share for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Hedge funds and other institutional investors have recently made changes to their positions in the company. Blue Trust Inc. bought a new position in YPF Sociedad Anónima in the second quarter valued at about $26,000. Transcendent Capital Group LLC acquired a new position in YPF Sociedad Anónima in the first quarter valued at approximately $28,000. Ashton Thomas Private Wealth LLC bought a new position in YPF Sociedad Anónima in the second quarter valued at approximately $63,000. Headlands Technologies LLC acquired a new stake in YPF Sociedad Anónima during the 1st quarter worth $113,000. Finally, SG Americas Securities LLC bought a new stake in shares of YPF Sociedad Anónima during the 2nd quarter valued at $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.