YPF Sociedad Anónima (NYSE:YPF) Issues Earnings Results

YPF Sociedad Anónima (NYSE:YPF) issued its quarterly earnings results on Monday. The oil and gas exploration company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.26 by ($1.95), FiscalAI reports. The firm had revenue of $6.57 billion for the quarter, compared to analyst estimates of $5.99 billion. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%.

YPF Sociedad Anónima Stock Up 0.7%

YPF Sociedad Anónima stock traded up $0.34 during mid-day trading on Tuesday, hitting $51.27. The company’s stock had a trading volume of 452,101 shares, compared to its average volume of 1,918,115. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.73. YPF Sociedad Anónima has a 52-week low of $22.82 and a 52-week high of $57.49. The firm’s 50 day moving average is $50.05 and its 200 day moving average is $44.56. The company has a market cap of $20.17 billion, a PE ratio of -49.20 and a beta of 1.28.

Insider Transactions at YPF Sociedad Anónima

In related news, VP Matias Osvaldo Farina purchased 8,875 shares of YPF Sociedad Anónima stock in a transaction dated Thursday, July 2nd. The stock was acquired at an average cost of $45.22 per share, with a total value of $401,327.50. Following the completion of the transaction, the vice president directly owned 55,687 shares of the company’s stock, valued at $2,518,166.14. This trade represents a 18.96% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Horacio Daniel Marin purchased 2,840 shares of the firm’s stock in a transaction that occurred on Thursday, July 2nd. The shares were bought at an average price of $46.35 per share, with a total value of $131,634.00. Following the completion of the acquisition, the chief executive officer owned 92,193 shares of the company’s stock, valued at $4,273,145.55. This trade represents a 3.18% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 11,792 shares of company stock worth $537,153 in the last quarter.

Institutional Investors Weigh In On YPF Sociedad Anónima

Large investors have recently made changes to their positions in the company. Amundi raised its position in YPF Sociedad Anónima by 31.7% during the fourth quarter. Amundi now owns 85,574 shares of the oil and gas exploration company’s stock valued at $3,094,000 after acquiring an additional 20,583 shares in the last quarter. State of Wisconsin Investment Board bought a new stake in YPF Sociedad Anónima in the fourth quarter worth approximately $2,035,000. Royal Bank of Canada increased its stake in shares of YPF Sociedad Anónima by 20.8% during the 4th quarter. Royal Bank of Canada now owns 5,760 shares of the oil and gas exploration company’s stock worth $208,000 after purchasing an additional 990 shares during the last quarter. Verition Fund Management LLC increased its stake in shares of YPF Sociedad Anónima by 120.7% during the 4th quarter. Verition Fund Management LLC now owns 147,000 shares of the oil and gas exploration company’s stock worth $5,316,000 after purchasing an additional 80,392 shares during the last quarter. Finally, Mariner LLC raised its holdings in shares of YPF Sociedad Anónima by 114.5% during the 4th quarter. Mariner LLC now owns 17,747 shares of the oil and gas exploration company’s stock valued at $642,000 after purchasing an additional 9,472 shares in the last quarter. Institutional investors own 10.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on YPF shares. Wall Street Zen upgraded shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. UBS Group boosted their target price on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Zacks Research lowered shares of YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima currently has an average rating of “Hold” and a consensus price target of $46.00.

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.