YPF Sociedad Anónima (NYSE:YPF) Reaches New 52-Week High – Should You Buy?

YPF Sociedad Anónima (NYSE:YPF)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $41.35 and last traded at $41.0120, with a volume of 1280135 shares. The stock had previously closed at $39.48.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Wall Street Zen raised YPF Sociedad Anónima from a “sell” rating to a “hold” rating in a report on Monday, March 2nd. Zacks Research raised YPF Sociedad Anónima from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Finally, Weiss Ratings cut YPF Sociedad Anónima from a “hold (c)” rating to a “sell (d)” rating in a research note on Monday, March 9th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $41.67.

YPF Sociedad Anónima Stock Performance

The business has a 50 day moving average price of $36.99 and a two-hundred day moving average price of $33.74. The stock has a market cap of $16.30 billion, a PE ratio of -19.52 and a beta of 1.44. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.87 and a quick ratio of 0.68.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported ($1.67) earnings per share for the quarter, missing the consensus estimate of $0.77 by ($2.44). YPF Sociedad Anónima had a negative net margin of 4.48% and a negative return on equity of 0.26%. The firm had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $3.14 million. As a group, equities research analysts forecast that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in YPF. North of South Capital LLP boosted its holdings in shares of YPF Sociedad Anónima by 4.5% in the 3rd quarter. North of South Capital LLP now owns 1,619,983 shares of the oil and gas exploration company’s stock valued at $39,349,000 after buying an additional 69,634 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of YPF Sociedad Anónima by 55.7% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company’s stock worth $106,282,000 after buying an additional 1,208,440 shares during the last quarter. Ping Capital Management Inc. grew its stake in shares of YPF Sociedad Anónima by 36.1% in the 3rd quarter. Ping Capital Management Inc. now owns 2,017,000 shares of the oil and gas exploration company’s stock valued at $48,993,000 after purchasing an additional 534,800 shares during the last quarter. Insigneo Advisory Services LLC grew its position in YPF Sociedad Anónima by 37.1% in the 2nd quarter. Insigneo Advisory Services LLC now owns 128,502 shares of the oil and gas exploration company’s stock valued at $4,041,000 after buying an additional 34,802 shares during the last quarter. Finally, Oaktree Fund Advisors LLC purchased a new position in YPF Sociedad Anónima during the second quarter worth about $1,170,000. 10.08% of the stock is owned by institutional investors and hedge funds.

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.