YPF Sociedad Anónima (NYSE:YPF) Downgraded by Zacks Research to Hold

YPF Sociedad Anónima (NYSE:YPF) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Other equities analysts also recently issued reports about the company. Morgan Stanley upgraded YPF Sociedad Anónima from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 30th. UBS Group raised their price objective on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $46.00.

YPF Sociedad Anónima Stock Up 0.5%

Shares of NYSE YPF opened at $45.48 on Monday. The company has a market cap of $17.89 billion, a price-to-earnings ratio of -43.73 and a beta of 1.24. The company has a current ratio of 0.94, a quick ratio of 0.73 and a debt-to-equity ratio of 0.76. The stock has a 50-day moving average price of $48.07 and a two-hundred day moving average price of $41.66. YPF Sociedad Anónima has a 12 month low of $22.82 and a 12 month high of $57.49.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Thursday, May 7th. The oil and gas exploration company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.83 by $0.20. The business had revenue of $5.03 billion during the quarter, compared to the consensus estimate of $5.04 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. As a group, analysts forecast that YPF Sociedad Anónima will post 5.66 earnings per share for the current fiscal year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several large investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. boosted its holdings in shares of YPF Sociedad Anónima by 488.3% during the 3rd 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. Global Trust Asset Management LLC bought a new stake in shares of YPF Sociedad Anónima in the 4th quarter valued at $43,000. Bayforest Capital Ltd bought a new stake in shares of YPF Sociedad Anónima in the 4th quarter valued at $59,000. Rakuten Securities Inc. lifted its position in shares of YPF Sociedad Anónima by 13.7% during the 4th quarter. Rakuten Securities Inc. now owns 2,598 shares of the oil and gas exploration company’s stock valued at $94,000 after acquiring an additional 314 shares during the period. Finally, Van ECK Associates Corp lifted its position in shares of YPF Sociedad Anónima by 246.9% during the 3rd quarter. Van ECK Associates Corp now owns 7,663 shares of the oil and gas exploration company’s stock valued at $186,000 after acquiring an additional 5,454 shares during the period. Institutional investors and hedge funds own 10.08% of the company’s stock.

About YPF Sociedad Anónima

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.