YPF Sociedad Anónima (NYSE:YPF) Stock Has Consensus Target Price of $60.33 According to Analysts

YPF Sociedad Anónima (NYSE:YPF) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $60.33.

A number of equities research analysts have issued reports on YPF shares. JPMorgan Chase & Co. upped their price objective on YPF Sociedad Anónima from $61.50 to $66.00 and gave the company an “overweight” rating in a research report on Tuesday, September 1st. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. UBS Group increased their price target on YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Weiss Ratings downgraded YPF Sociedad Anónima from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. Finally, 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.

Institutional Investors Weigh In On YPF Sociedad Anónima

Institutional investors have recently made changes to their positions in the company. IPG Investment Advisors LLC grew its holdings in YPF Sociedad Anónima by 165.8% during the 2nd quarter. IPG Investment Advisors LLC now owns 14,317 shares of the oil and gas exploration company’s stock valued at $651,000 after purchasing an additional 8,930 shares during the last quarter. Arlington Capital Management Inc. bought a new stake in YPF Sociedad Anónima in the second quarter worth about $4,093,000. BlueCrest Capital Management Ltd boosted its position in shares of YPF Sociedad Anónima by 52.9% during the second quarter. BlueCrest Capital Management Ltd now owns 66,504 shares of the oil and gas exploration company’s stock valued at $3,024,000 after buying an additional 23,004 shares during the period. Engineers Gate Manager LP boosted its position in shares of YPF Sociedad Anónima by 220.7% during the second quarter. Engineers Gate Manager LP now owns 87,565 shares of the oil and gas exploration company’s stock valued at $3,982,000 after buying an additional 60,264 shares during the period. Finally, RWC Asset Advisors US LLC purchased a new position in shares of YPF Sociedad Anónima during the second quarter valued at approximately $12,216,000. Institutional investors own 10.08% of the company’s stock.

YPF Sociedad Anónima Stock Performance

YPF Sociedad Anónima stock opened at $49.60 on Tuesday. The company’s 50-day moving average price is $51.82 and its 200-day moving average price is $48.51. YPF Sociedad Anónima has a twelve month low of $23.37 and a twelve month high of $57.87. The company has a quick ratio of 0.72, a current ratio of 0.93 and a debt-to-equity ratio of 0.70. The company has a market cap of $19.51 billion, a PE ratio of 26.10 and a beta of 1.22.

YPF Sociedad Anónima (NYSE:YPF) last announced its earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.81. The firm had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $5.99 billion. YPF Sociedad Anónima had a net margin of 3.60% and a return on equity of 10.86%. On average, equities research analysts forecast that YPF Sociedad Anónima will post 8.12 EPS for the current fiscal year.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima is an integrated energy company based in Argentina. Its activities span the exploration, development and production of crude oil and natural gas, with a significant focus on unconventional resources in the Vaca Muerta formation in the Neuquén Basin.

The company also operates downstream businesses, including petroleum refining, the production and marketing of fuels, lubricants and petrochemical products, and a nationwide network of service stations. YPF supplies energy products to industrial, commercial and consumer customers in Argentina and participates in the development of natural gas and other energy infrastructure.

Founded in 1922, YPF was privatized during the 1990s and returned to majority state ownership in 2012.